Active Report Report ID: EDU-187912-2026

New Mexico Military Institute

Roswell, NM 88201-5173

Acceptance rate52.60%Selective
Tuition$7,190Published sticker
Avg. net price$4,571After aid
Graduation rate44.44%150% time
Median salary$57,41010yr post-entry

About New Mexico Military Institute

New Mexico Military Institute is a public community college in Roswell, New Mexico, enrolling about 331 students. The college offers associate degrees, career certificates, and transfer pathways to four-year universities. Typical net price after grant aid is about $4,571 for students who receive it, compared with published tuition near $7,190. Student demographics in federal data include Hispanic or Latino (33.8%) and Non-Resident Alien (19.3%) among the largest enrollment groups.

Key findings

  • New Mexico Military Institute charges 30% above the national public median tuition ($7,190).
  • Versus the New Mexico median, sticker tuition is about 3.1×.
  • Average net price runs below the New Mexico median net price.
  • Completion within 150% of normal time is 44.44%.
  • Median earnings 10 years after entry are $57,410.

Research findings

01

Finding

Modeled return on investment at New Mexico Military Institute is strong.

Estimated ROI reaches about 3040% using Scorecard cost and 10-year earnings fields in this extract.

— Evidence from EDsmart Data analysis

Interpretation: On this institution-wide model, typical graduate earnings over a decade substantially exceed estimated net education cost.

Limitation: ROI is institution-wide and not program-specific; individual outcomes vary by major, aid package, and labor market.

Cost benchmarks

Benchmark Median Tuition Median Net Price Count
New Mexico Military Institute$7,190$4,5711
Public (national median)$5,5121,688
New Mexico (state median)$2,289$5,90830
Town (locale median)$9,600$14,9711,517
United States (national median)$11,900$17,156

Compares this campus to school-type, state, and locale medians plus a U.S. national median (College Scorecard–derived). Locale groups campuses by NCES locale type; state tuition is the median published tuition among campuses in that state.

Cost

Average net price is 36% below published tuition at New Mexico Military Institute

Source College Scorecard + EDsmart aggregatesMethod Sticker vs net; peer mediansUpdated 2026 extractCoverage Undergraduate (Title IV net price)Confidence Federal extract

Key findings

  • New Mexico Military Institute's average net price ($4,571) is 36% below published tuition ($7,190).
  • New Mexico Military Institute charges 30% above the national public median tuition ($7,190).
  • Versus the New Mexico median, sticker tuition is about 3.1×.
  • Average net price runs below the New Mexico median net price.
Published sticker

New Mexico Military Institute tuition

Published undergraduate tuition $7,190

Finding New Mexico Military Institute charges 30% above the national public median tuition.

Evidence Published tuition is $7,190. That is 30% above the national public median ($5,512). Versus the New Mexico median ($2,289), sticker tuition is about 3.1×. Versus the U.S. median ($11,900), sticker is 40% below.

Method Sticker tuition compared with Scorecard-derived medians by ownership, state, locale, and national rollups when available.

Interpretation Published tuition measures sticker price relative to public and geographic peers; it does not equal what undergraduates typically pay after aid.

Limitation Sticker comparisons omit room, board, and institutional aid; average net price and income-band net prices are the stronger signals of typical family cost.

Evidence: published tuition at New Mexico Military Institute versus school-type, state, locale, and U.S. medians.

Evidence: average net price at New Mexico Military Institute versus state, locale, and U.S. medians.

Average net price

What undergraduates typically pay

Finding Average net price at New Mexico Military Institute is $4,571.

Evidence College Scorecard average net price is $4,571 (cost of attendance minus average grant aid for aided undergraduates). That is about $1,338 below the New Mexico median net price. Versus town campuses, net price runs $10,400 below the locale median.

Method Average net price from College Scorecard; compared with state, locale, and U.S. medians from EDsmart aggregates.

Interpretation Average net price is a stronger institutional cost signal than published tuition because it incorporates grant aid.

Limitation The campus average masks large differences by household income; income-band net prices can diverge sharply from the overall average.

Key takeaway New Mexico Military Institute’s published tuition substantially overstates typical undergraduate cost: average net price is about 36% lower after grants and scholarships.

School guide

New Mexico Military Institute: research record

Canonical EDsmart Data findings for New Mexico Military Institute—costs, outcomes, admissions, and programs—with evidence and methodology notes.

Research findings

Interpretation

The combination of completion and 10-year earnings is a multidimensional outcomes signal; it does not measure educational quality by itself.

Financial profile

In-state tuition

$7,190

Out-of-state tuition

$14,156

Avg. net price

$4,571

Net price by family income

Income bracketAvg. annual net price
$0–$30,000$2,772
$30,001–$48,000$4,062
$48,001–$75,000$5,935
$75,001–$110,000$4,210
$110,001+$10,106

Sticker tuition × four years (estimate, no room/board): $28,760. See cost investigation.

Student outcomes

First-year retention50.3%

Share of first-year students returning the following fall.

$43,034Median earnings (6 years after entry)

Graduation rate and 10-year earnings are in the hero strip above; see Graduates for more.

Admissions landscape

  • Selective — about half of applicants (or fewer) are admitted.
  • Yield: 76% of admitted students enrolled.

See Admissions for the full funnel.

Is New Mexico Military Institute a good school?

Data-framed fit—not a prestige rating.

New Mexico Military Institute is a good school for those looking for strong completion alongside solid mid-career earnings.

EDsmart Data does not assign an opinion score; this framing summarizes the strongest Scorecard signals for this campus.

Earnings outcomes
Campus snapshot

More from the data

Location, control, enrollment, and aid context for New Mexico Military Institute.

Campus

Location

Roswell, NM

City / state

ZIP
88201-5173
NCES locale
Town remote

Compared with Town campuses nationally, net price is about 0.3× the median for Town campuses ($14,971 median).

Control

Institution type

Public

Control

Region
Southwest
Carnegie
Associate's Colleges: High Transfer-Mixed Traditional/Nontraditional

Size

Enrollment

331

Total enrollment

Undergraduate
537
Full-time share
100%

Student aid

Debt & aid

$5,500

Median federal loan debt

Pell grant share
24.40%
Cost detail

Total Cost, Aid & Default

Total Cost of Attendance

$18,284Estimated 4-year total cost
$4,571Average annual net price (after aid)
$28,7604-year in-state tuition
$56,6244-year out-of-state tuition
$6,732Room & board (annual, on-campus estimate)
$1,100Books & supplies (annual estimate)
$15,022Estimated annual sticker (tuition + room/board + books)
$60,088Estimated 4-year sticker (before aid)

Tuition vs average net price after aid for New Mexico Military Institute.

Financial Aid by Income Level

24.40% Undergraduates receiving aid through grants
4.36% Undergraduates receiving aid through loans

Financial aid distribution by income level.

Student Loan Default Rate

0.00% 3-year cohort default rate (College Scorecard)

The published 3-year cohort default rate for borrowers at New Mexico Military Institute was 0.00%.

Cohort default rates account for borrowers who default in the first three years.

Multi-year tracker

Tuition tracker

Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for New Mexico Military Institute in that year.

Reporting years in the table below: 20132023 (Scorecard labels refer to the institutional submission cycle).

Year In-state tuition & fees Out-of-state tuition & fees Average net price
2013$4,336$9,010$6,182
2014$4,536$9,647$5,181
2015$4,677$10,122$6,798
2016$5,141$11,075$2,563
2017$4,318$13,301$2,837
2018$4,530$14,534$5,009
2019$4,788$12,654$5,985
2020$5,144$13,010$4,541
2021$6,965$14,017$3,917
2022$6,965$14,017$6,129
2023$6,990$14,042$4,686

Sticker tuition and net price over time

Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.

College Scorecard reporting-year fields (not inflation-adjusted).

Net price by family income

Brackets follow Scorecard definitions for the series shown (public vs private institution).

Latest income-band net prices available in the processed extract.

Access

How difficult is it to get in?

Acceptance Rate

52.60%Acceptance rate
464Total applicants
268Students admitted
203First-time students enrolled
75.75%Yield (enrolled ÷ admitted)

This institution is selective, accepting about half of all applicants.

Applicants → admits → first-time enrollment from College Scorecard / IPEDS. Bar widths are scaled for readability at highly selective schools.

Test Scores

Test score data is not available for this institution.

Score distribution is not available for this institution.

Academic Requirements

GPA requirements are not published by this institution. Contact the admissions office for specific academic requirements.

Estimated GPA range is not available for this institution.

Student body

Enrollment & Student Demographics

New Mexico Military Institute reported total enrollment of about 331 students in the latest College Scorecard extract. The student body is about 80% male and 20% female. Enrollment by race and ethnicity includes Hispanic or Latino (33.8%), Non-Resident Alien (19.3%), and White (19.0%). About 24.40% of undergraduates receive Pell Grants. Roughly 30.0% of students are first-generation college students.

Full-Time vs Part-Time Enrollment

100.0% Full-Time Enrollment

The total enrollment at New Mexico Military Institute in 2024 is 331 students.

Undergraduate enrollment is about 537 students.

Full-time vs part-time enrollment comparison.

Retention Rate over Time

50.3%
2024 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.

Retention rate over time compared to similar institutions.

Enrollment by Race & Ethnicity

33.8%Hispanic or Latino
9Reported race/ethnicity groups

Largest share of total enrollment in our College Scorecard extract.

  • Hispanic or Latino33.8%
  • Non-Resident Alien19.3%
  • White or Caucasian19.0%
  • Black or African American13.6%
  • Native Hawaiian or Other Pacific Islander5.7%
  • Asian3.3%
  • Two or More Races3.0%
  • American Indian or Alaska Native1.5%
  • Race/ethnicity unknown0.6%

College Scorecard student demographics (total enrollment shares).

Outcomes

Do students complete their programs?

Time to Complete

39.68% 100% Completion Time

44.44% 150% Completion Time

In 2024, 39.68% of students graduating from New Mexico Military Institute completed their program within 100% "normal time".

Completion rates over time compared to similar institutions.

Completions by Sex (Top Programs)

  • Liberal Arts and Sciences/Liberal Studies: 78% male / 22% female

IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).

Completions by Race & Ethnicity

31Hispanic or Latino
7Reported groups

Largest group by summed IPEDS award counts across reported programs.

  • Hispanic or Latino31
  • White or Caucasian24
  • Black or African American12
  • Native Hawaiian or Other Pacific Islander10
  • Asian3
  • American Indian or Alaska Native2
  • Two or More Races2

Summed across program completion records in our extract.

Outcomes & academic profile

New Mexico Military Institute graduates earn a median of $57,410 ten years after entry

Source College ScorecardMethod Earnings + debt + net price modelsUpdated 2026 extractCoverage Institution-wideConfidence Federal extract

Finding Earnings, debt, and program mix define the financial profile of New Mexico Military Institute.

Evidence Median earnings 10 years after entry: $57,410. Median federal loan debt: $5,500. Average net price used in cost models: $4,571.

Method College Scorecard median earnings (10-year), median debt, and EDsmart ROI / payback models using campus net price.

Interpretation Institution-wide ROI and debt ratios summarize campus averages; program choice still drives individual outcomes.

Limitation Salary reflects median earnings ten years after entry; ROI is not program-specific.

Key takeaway New Mexico Military Institute graduates report median earnings of $57,410 ten years after entry—an institution-wide outcomes signal, not a program guarantee.

Return on Investment

3,040%Modeled return on investment
$5,500Median student debt
$57,410Median annual earnings (10 years)
9.58%Debt-to-earnings ratio
1.0 yearsEstimated payback period

Debt and 4-year net cost vs. cumulative 10-year median earnings for New Mexico Military Institute.

Top Programs by Completions

Largest 1 programs by IPEDS completions (2 reported codes; aggregate/unknown CIP buckets excluded).

IPEDS award counts for the largest programs at New Mexico Military Institute.

Employment Outcomes

$57,410Median earnings (10 years after entry)
$43,034Median earnings (6 years after entry)
$49,832Median earnings (8 years after entry)
83.33%Working & not enrolled (8-year cohort share)

Median earnings 6, 8, and 10 years after entry for New Mexico Military Institute graduates.

How financially powerful is this institution?

Finding: federal finance and Scorecard instructional fields for New Mexico Military Institute—endowment assets (fiscal year 2023), instructional staffing and expenditure. Compared with state, regional, and U.S. medians from EDsmart Data institutional financials.

Institutional endowment

$501.3M

End-of-year assets · Fiscal year 2023

Start of year: $496.9M

Year change: $4.4M

  • New Mexico median 40× the median ($12.4M)
  • Southwest median 22× the median ($23.2M)
  • U.S. median 19× the median ($26.4M)

Per FTE: $1,275,645

  • New Mexico median 183× the median ($6,968)
  • Southwest median 126× the median ($10,113)
  • U.S. median 105× the median ($12,100)

Instructional Resources

  • Full-time faculty share: 100.0%
    • New Mexico median 48.6 pp above median (51.4%)
    • Southwest median 40.3 pp above median (59.7%)
    • U.S. median 42.0 pp above median (58.0%)
  • Average faculty salary (monthly): $8,097
    • New Mexico median 1.1× the median ($7,218)
    • Southwest median 1.1× the median ($7,078)
    • U.S. median 1.1× the median ($7,615)
  • Instructional expenditure per FTE: $23,708
    • New Mexico median 2.4× the median ($9,936)
    • Southwest median 4.2× the median ($5,699)
    • U.S. median 3.3× the median ($7,288)

Instructional metrics from College Scorecard. Peer medians are campus-level; see the institutional financials deep dive. Detailed non-instructional staff counts are not included here.

New Mexico Military Institute at a glance

Institution snapshot

New Mexico Military Institute

Roswell, NM 88201-5173 · Public · Southwest

New Mexico Military Institute is a public institution in Roswell, NM, classified as Associate's Colleges: High Transfer-Mixed Traditional/Nontraditional.

Tuition$7,190
Avg. net price$4,571
Enrollment331
Acceptance rate52.60%
Completion (150%)44.44%
Pell Grant share24.40%
Largest programs (IPEDS awards)
Liberal Arts and Sciences/Liberal Studies
Largest enrollment groups
Hispanic or Latino33.8%
Non-Resident Alien19.3%
White or Caucasian19.0%
Opportunity College (2025)
Higher access & higher earnings · Browse OCU directory
Nearby

Schools near New Mexico Military Institute

Other campuses in Roswell, NM when available, plus nearby institutions in New Mexico.

Peers

Similar schools

Peers matched by the same EDsmart outcomes grade (Grade D) within New Mexico, then by similar ownership and admissions.

Frequently Asked Questions

Where is New Mexico Military Institute located?

New Mexico Military Institute is located in Roswell, NM.

What is New Mexico Military Institute's acceptance rate?

The acceptance rate at New Mexico Military Institute is 52.6% among first-time degree-seeking students reporting admissions data. IPEDS reports 464 applicants and 268 admits in the latest admissions cycle in our extract.

What is New Mexico Military Institute's tuition?

New Mexico Military Institute tuition (published undergraduate sticker price) is $7,190 in the latest College Scorecard data. Average net price after grant aid is $4,571 for undergraduates receiving Title IV aid.

How much does New Mexico Military Institute cost?

Reported tuition is $7,190 and average net price is $4,571 in the latest College Scorecard data. On-campus room and board is estimated at $6,732 annually.

Why is New Mexico Military Institute's net price so much lower than tuition?

At New Mexico Military Institute, published tuition is $7,190 while average net price is $4,571—about 36% lower. Average net price subtracts grant and scholarship aid from cost of attendance for undergraduates receiving Title IV aid (College Scorecard). Institutional aid therefore compresses sticker price into a lower typical undergraduate cost signal. The campus average still masks large differences by household income; income-band net prices can diverge sharply from the overall average. EDsmart Data treats the sticker–net gap as an analytical finding, not advice about individual aid offers.

What explains New Mexico Military Institute's return on investment in EDsmart Data?

EDsmart Data models ROI using campus average net price ($4,571), completion (44.4% within 150% of normal time where reported), and median earnings ten years after entry ($57,410). High completion and strong mid-career earnings relative to net cost raise modeled ROI; the estimate is institution-wide and not program-specific. Debt-to-earnings ratios, when available, further contextualize borrowing pressure. Limitations include suppressed fields, program mix, and labor-market variation over time.

What is the student body demographics at New Mexico Military Institute?

New Mexico Military Institute reports undergraduate enrollment of about 537 students, Hispanic or Latino (33.8%), Non-Resident Alien (19.3%) in federal College Scorecard data.

How many first-generation students attend New Mexico Military Institute?

About 30.0% of students at New Mexico Military Institute are first-generation college students.

What do graduates of New Mexico Military Institute earn?

Median earnings are $43,034 six years after entry and $57,410 ten years after entry.

What is the graduation rate at New Mexico Military Institute?

The 150%-time completion rate is 44.4% for the cohort reported to the College Scorecard.

How much debt do New Mexico Military Institute students have?

Median federal loan debt among completers is $5,500.

Is New Mexico Military Institute public or private?

New Mexico Military Institute is a public institution located in Roswell, NM.

Data Sources

This page uses data from the following sources:

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology & Data Scope

This profile uses institution-level fields from the U.S. Department of Education College Scorecard, merged with IPEDS directory attributes where needed for locale, ownership, and program completions.

Benchmark rows compare this campus to NCES locale-type medians (for example Suburban) from our processed location extract. Implied U.S. medians are derived from locale-vs-national percentage fields in that extract—not a separate national Scorecard table.