by our College Data Analytics TeamThere are lots of options to choose from today when trying to decide which school to attend. At College Factual, we're committed to helping you make that decision by providing information such as that found in our Best Colleges for the Money (With Aid) in New Mexico ranking. Due to the amount of income-based financial aid available, many 'high-priced' schools are more affordable than you think.
In This Year's Value Report:
After analyzing 22 schools in New Mexico, we came up with our list of those that offered the best value programs. Our ranking for the best value schools is based on objective factors. We steer clear of subjective measures since they don't give a clear picture when determining how one school compares to another. More specifically, the following explains what we consider and why.
To calculate the value of a school in our Best Colleges for the Money (With Aid) in New Mexico ranking, we first consider its average net price, which is the sum of room and board, tuition, and fees minus any financial aid that that the student receives. In addition, the overall quality of a school is important to ensure a good education, not just how much it costs.
To make it into this list a school must offer a quality education like the schools in our Best Colleges ranking. This ranking considers factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.
To learn more, visit our best value ranking methodology page.
You can scroll down to see the top schools for this ranking, but you may also want to view some of the other ranking methods listed below.
Know what field you want to major in? Make sure you check out our best value schools by major. In addition, you can select one of the links below to see the best value colleges for other degree levels.
Learn more about these excellent schools below:
Our analysis found Central New Mexico Community College to be the best value (with aid) school in New Mexico in this year’s ranking. CNM is a public institution located in Albuquerque, New Mexico.
In addition to being included on this ranking as a good value, Central New Mexico Community College is ranked #1 for quality in the state of New Mexico. The average net price of the school for those who receive financial aid is about $5,303 a year.
You’ll be in good company if you decide to attend San Juan College. It ranked #2 on our 2024 Best Colleges for the Money (With Aid) in New Mexico list. SJC is a medium-sized public school situated in Farmington, New Mexico.
Not only is San Juan College a great value, but it is also ranked #5 in New Mexico for overall quality. For those students who receive financial aid, the yearly average net price of the school is around $6,214.
A rank of #3 on our Best Colleges for the Money (With Aid) in New Mexico list means Eastern New Mexico University - Roswell Campus is a great place for students working on their degree. ENMU - Roswell Campus is located in Roswell, New Mexico and has a small student population. It is a public school.
Eastern New Mexico University - Roswell Campus has the honor of being ranked #10 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $5,463.
Full Eastern New Mexico University - Roswell Campus Value Report
Out of the 22 schools in New Mexico that were part of this year’s ranking, New Mexico State University - Dona Ana landed the #4 spot on the list. This medium-sized public school is located in Las Cruces, New Mexico.
New Mexico State University - Dona Ana has the honor of being ranked #9 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $6,147.
Out of the 22 schools in New Mexico that were part of this year’s ranking, Eastern New Mexico University - Main Campus landed the #5 spot on the list. ENMU - Main Campus is a small public school situated in Portales, New Mexico.
Eastern New Mexico University - Main Campus has the honor of being ranked #6 in New Mexico for overall quality on top of being a good value. The average net price of the school for those who receive financial aid is about $7,002 a year.
Read full value report on Eastern New Mexico University - Main Campus
University of New Mexico - Main Campus came in at #6 in this year’s edition of the Best Colleges for the Money (With Aid) in New Mexico ranking. UNM is a large public school situated in Albuquerque, New Mexico.
In addition to being included on this ranking as a good value, University of New Mexico - Main Campus is ranked #2 for quality in the state of New Mexico. For those students who receive financial aid, the yearly average net price of the school is around $11,396.
Learn More About Value at University of New Mexico - Main Campus
New Mexico Military Institute came in at #7 in this year’s edition of the Best Colleges for the Money (With Aid) in New Mexico ranking. This small public school is located in Roswell, New Mexico.
New Mexico Military Institute has the honor of being ranked #12 in New Mexico for overall quality on top of being a good value. The average net price of the school for those who receive financial aid is about $6,628 a year.
Clovis Community College came in at #8 in this year’s edition of the Best Colleges for the Money (With Aid) in New Mexico ranking. Clovis Community College is a small public school located in Clovis, New Mexico.
Clovis Community College has the honor of being ranked #15 in New Mexico for overall quality on top of being a good value. The average net price of the school for those who receive financial aid is about $5,221 a year.
New Mexico State University - Alamogordo ranked #9 on this year’s Best Colleges for the Money (With Aid) in New Mexico list. Alamogordo, New Mexico is the setting for this small institution of higher learning. It is a public school.
Not only is New Mexico State University - Alamogordo a great value, but it is also ranked #16 in New Mexico for overall quality. The average net price of the school for those who receive financial aid is about $6,359 a year.
Learn More About Value at New Mexico State University - Alamogordo
New Mexico Junior College did quite well in the 2024 Best Colleges for the Money (With Aid) in New Mexico ranking, coming in at #10. New Mexico Junior College is a public institution located in Hobbs, New Mexico.
New Mexico Junior College has the honor of being ranked #18 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $5,837.
New Mexico Institute of Mining and Technology ranked #11 on this year’s Best Colleges for the Money (With Aid) in New Mexico list. New Mexico Tech is a public institution located in Socorro, New Mexico.
New Mexico Institute of Mining and Technology has the honor of being ranked #3 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $12,471.
Full New Mexico Institute of Mining and Technology Value Report
With a ranking of #12, Santa Fe Community College did quite well on the 2024 Best Colleges for the Money (With Aid) in New Mexico list. Located in Santa Fe, New Mexico, the school is a small public institution.
Not only is Santa Fe Community College a great value, but it is also ranked #13 in New Mexico for overall quality. For those students who receive financial aid, the yearly average net price of the school is around $8,870.
New Mexico State University - Main Campus came in at #13 in this year’s edition of the Best Colleges for the Money (With Aid) in New Mexico ranking. NMSU Main Campus is a fairly large public school situated in Las Cruces, New Mexico.
New Mexico State University - Main Campus has the honor of being ranked #8 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $11,397.
Read full value report on New Mexico State University - Main Campus
New Mexico State University - Carlsbad did quite well in the 2024 Best Colleges for the Money (With Aid) in New Mexico ranking, coming in at #14. NMSU Carlsbad is a public institution located in Carlsbad, New Mexico.
In addition to being included on this ranking as a good value, New Mexico State University - Carlsbad is ranked #20 for quality in the state of New Mexico. The average net price of the school for those who receive financial aid is about $6,198 a year.
Learn More About Value at New Mexico State University - Carlsbad
University of New Mexico - Gallup Campus ranked #15 on this year’s Best Colleges for the Money (With Aid) in New Mexico list. Gallup, New Mexico is the setting for this small institution of higher learning. It is a public school.
In addition to being included on this ranking as a good value, University of New Mexico - Gallup Campus is ranked #17 for quality in the state of New Mexico. The average net price of the school for those who receive financial aid is about $7,583 a year.
Read full value report on University of New Mexico - Gallup Campus
New Mexico Highlands University landed the #16 spot on the 2024 Best Colleges for the Money (With Aid) in New Mexico ranking. Las Vegas, New Mexico is the setting for this small institution of higher learning. It is a public school.
Not only is New Mexico Highlands University a great value, but it is also ranked #7 in New Mexico for overall quality. The average net price of the school for those who receive financial aid is about $12,795 a year.
Western New Mexico University came in at #17 in this year’s edition of the Best Colleges for the Money (With Aid) in New Mexico ranking. Western New Mexico University is a public institution located in Silver City, New Mexico.
In addition to being included on this ranking as a good value, Western New Mexico University is ranked #11 for quality in the state of New Mexico. For those students who receive financial aid, the yearly average net price of the school is around $13,483.
University of New Mexico - Valencia County Campus landed the #18 spot on the 2024 Best Colleges for the Money (With Aid) in New Mexico ranking. Los Lunas, New Mexico is the setting for this small institution of higher learning. It is a public school.
Not only is University of New Mexico - Valencia County Campus a great value, but it is also ranked #21 in New Mexico for overall quality. The average net price of the school for those who receive financial aid is about $7,346 a year.
Full University of New Mexico - Valencia County Campus Value Report
With a ranking of #19, University of New Mexico - Taos Campus did quite well on the 2024 Best Colleges for the Money (With Aid) in New Mexico list. UNM Taos is a public institution located in Ranchos de Taos, New Mexico.
In addition to being included on this ranking as a good value, University of New Mexico - Taos Campus is ranked #19 for quality in the state of New Mexico. For those students who receive financial aid, the yearly average net price of the school is around $10,974.
Learn More About Value at University of New Mexico - Taos Campus
University of the Southwest ranked #20 on this year’s Best Colleges for the Money (With Aid) in New Mexico list. USW is located in Hobbs, New Mexico and has a small student population. It is a private not-for-profit school.
Not only is University of the Southwest a great value, but it is also ranked #14 in New Mexico for overall quality. The average net price of the school for those who receive financial aid is about $19,139 a year.
St. John’s College landed the #21 spot on the 2024 Best Colleges for the Money (With Aid) in New Mexico ranking. St. John’s is located in Santa Fe, New Mexico and has a small student population. It is a private not-for-profit school.
St. John’s College has the honor of being ranked #4 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $25,628.
Brookline College - Albuquerque ranked #22 on this year’s Best Colleges for the Money (With Aid) in New Mexico list. Located in Albuquerque, New Mexico, the school is a small private for-profit institution.
Brookline College - Albuquerque has the honor of being ranked #22 in New Mexico for overall quality on top of being a good value. For those students who receive financial aid, the yearly average net price of the school is around $35,213.
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Footnotes
*These averages are for the top 22 schools only.
More about our data sources and methodologies.