2021 Best Colleges for the Money (With No Aid) in New Mexico
When pursuing a degree in today's world, there are many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our Best New Mexico Schools For The Money For Those With No Aid ranking - to help you make that decision.
We analyzed 8 colleges and universities to determine which were the best for overall value for the money with no aid in New Mexico. Quality is an important component in this ranking, so it is not just naming the schools with the cheapest price tag. Instead, it is identifying those institutions that offer the most value when taking their educational quality into consideration. Thus, one college may rank better than another, but the second school could have a lower average cost.
Find out more about our ranking methodology.
Our average cost calculation adds up all expenses, such as tuition, fees, room and board, books and supplies, and other expenses. So it is an approximation of how much you will have to pay out-of-pocket each year on average.
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Customizing Your List
Since one ranking on its own is not enough to give you a complete understanding of your educational options, you can refine this list by location and field of study. We've also developed a number of other tools and rankings based on other factors. These other rankings highlight colleges that excel in other factors such as overall quality or diversity as well as schools that excel in serving different groups of students such as veterans or returnings adults.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. We encourage you to try it out and pit your favorite colleges and universities head to head!
Top Colleges for the Money (Without Aid) in New Mexico
Learn more about these excellent schools below:
Our 2021 rankings named New Mexico Institute of Mining and Technology the best school for overall value for the money with no aid in New Mexico for students working on their bachelor’s degree. Located in Socorro, New Mexico, the small public school handed out 281 bachelor’s degrees in 2018-2019.
It takes about 4.7 years for the average student at New Mexico Tech to complete their degree, and the average full-time cost to attend the school for students who receive no aid is around $22,930. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from New Mexico Tech is about $108,230. When you graduate sooner, you can save a lot of money.
In addition to its best value ranking, and one of the reasons why the school is on the list, New Mexico Tech is ranked #2 for overall quality in New Mexico.
Full New Mexico Institute of Mining and Technology Report
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Out of the 8 schools in New Mexico that were part of this year’s ranking, University of New Mexico - Main Campus landed the #2 spot on the list. Located in Albuquerque, New Mexico, the large public school awarded 4,321 diplomas to qualifed bachelor’s degree students in 2018-2019.
At UNM, the average time it takes a student to graduate is 4.7 years, and the average full-time cost to attend the school for students who receive no aid is around $23,231. This makes the estimated cost of a bachelor’s degree from UNM be around $109,186. When you graduate sooner, you can save a lot of money.
UNM not only placed well in our value rankings, but it is also #3 on our Best Colleges in New Mexico list.
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The excellent bachelor’s degree programs at New Mexico State University - Main Campus helped the school earn the #3 place on this year’s ranking of the best schools for the money in New Mexico. Las Cruces, New Mexico is the setting for this fairly large institution of higher learning. The public school handed out bachelor’s degrees to 2,465 students in 2018-2019.
At New Mexico State University - Main Campus, the average time it takes a student to graduate is 4.8 years, and the average full-time cost to attend the school for students who receive no aid is around $22,281. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from New Mexico State University - Main Campus is $105,835. When students graduate in a lesser amount of time, they can save thousands of dollars.
New Mexico State University - Main Campus not only placed well in our value rankings, but it is also #5 on our Best Colleges in New Mexico list.
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The excellent bachelor’s degree programs at Eastern New Mexico University - Main Campus helped the school earn the #4 place on this year’s ranking of the best schools for the money in New Mexico. Located in Portales, New Mexico, the medium-sized public school awarded 707 diplomas to qualifed bachelor’s degree students in 2018-2019.
At Eastern New Mexico University - Main Campus, the average time it takes a student to graduate is 4.6 years, and it costs students who receive no aid about $19,198 per year to attend the school. This makes the estimated cost of a bachelor’s degree from Eastern New Mexico University - Main Campus be around $88,119. Graduating sooner can prevent you from having to pay more money out of pocket.
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A rank of #5 on our Best Colleges for the Money in New Mexico list means St. John’s College is a great place for students working on their bachelor’s degree. Located in Santa Fe, New Mexico, the small private not-for-profit school awarded 70 diplomas to qualifed bachelor’s degree students in 2018-2019.
The average student at St. John’s graduates in less than 4.2 years, and it costs students who receive no aid about $50,265 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the St. John’s is $210,108. If you can shave even one term off your degree, you can save a substantial amount of money.
Since the school has a student-to-faculty rate of 8 to 1, those pursuing a bachelor’s degree will have more opportunities to interact with their professors. In addition to its best value ranking, and one of the reasons why the school is on the list, St. John’s is ranked #1 for overall quality in New Mexico.
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New Mexico Highlands University came in at #6 in this year’s edition of the Best Colleges for the Money in New Mexico ranking. New Mexico Highlands University is a public institution located in Las Vegas, New Mexico. The school has a small population, and it awarded 489 bachelor’s degrees in 2018-2019.
The average student at New Mexico Highlands University graduates in less than 4.6 years, and it costs students who receive no aid about $19,556 per year to attend the school. Thus, the average cost to get a bachelor’s degree from the New Mexico Highlands University is $90,349. Graduating sooner can prevent you from having to pay more money out of pocket.
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Western New Mexico University did quite well in the 2021 Best Value Colleges in New Mexico ranking, coming in at #7. Located in Silver City, New Mexico, the small public school awarded 254 diplomas to qualifed bachelor’s degree students in 2018-2019.
The average amount of time it takes for a student to receive their degree at Western New Mexico University is 4.7 years, and on average, the annual cost to attend the school is $22,761 for students who receive no aid. This makes the estimated cost of a bachelor’s degree from Western New Mexico University be around $107,887. The sooner a student graduates, the more money they can save.
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University of the Southwest came in at #8 in this year’s edition of the Best Colleges for the Money in New Mexico ranking. Located in Hobbs, New Mexico, the small private not-for-profit school handed out 104 bachelor’s degrees in 2018-2019.
At USW, the average time it takes a student to graduate is 5.0 years, and it costs students who receive no aid about $28,770 per year to attend the school. This makes the estimated cost of a bachelor’s degree from USW be around $143,850. When you graduate sooner, you can save a lot of money.
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Notes and References
Footnotes
*These averages are for the top 8 schools only.
- For our state-specific rankings, we use in-state tuition to calculate average cost. For our national and regional rankings, we use a weighted average of in-state and non-resident tuition.
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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