New Mexico Junior College

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2019 Undergraduate Tuition
$888
0% growth from 2018
2019 Average Net Price
$5,940
After Financial Aid
2017 Student Loan
20.1%
Default Rate
2019 Enrolled Students
2,327
31.6% Full-Time
2018 Graduation Rate
31.3%
73 Graduates

About

New Mexico Junior College is a higher education institution located in Lea County, NM. In 2016, the most popular Bachelor's Degree concentrations at New Mexico Junior College were .

In 2019, 485 degrees were awarded across all undergraduate and graduate programs at New Mexico Junior College. 62.7% of these degrees were awarded to women, and 37.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (245 degrees), 1.45 times more than then the next closest race/ethnicity group, white (169 degrees).

The median undergraduate tuition at New Mexico Junior College is $888, which is $−6,936 less than the national average for Associates Colleges ($7,824).

Costs

The median undergraduate tuition at New Mexico Junior College is $888, which is $−6,936 less than the national average for Associates Colleges ($7,824).

After taking grants and loans into account, the average net price for students is $5,940.

In 2019, 41% of undergraduate students received federal grants, while 5% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$888
2019 Undergraduate Tuition

In 2019, the cost of tuition at New Mexico Junior College was $888. The cost of tuition at New Mexico Junior College is $−6,936 less than than the overall (public and private) national average for Associates Colleges ($7,824).

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Average Net Price

$5,940
2019 Value
6.66%
1 Year Growth

In 2019 New Mexico Junior College had an average net price — the price paid after factoring in grants and loans — of $5,940. Between 2018 and 2019, the average net price of New Mexico Junior College grew by 6.66%.

This chart compares the average net price of New Mexico Junior College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$6,660
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at New Mexico Junior College was of $6,660 in 2019. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board did not change between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

41%
Of Undergraduates Receive Grants
5%
Of Undergraduates Receive Federal Loans

41% of undergraduate students at New Mexico Junior College received grants or loans in 2019. This represents a growth of 5.13% with respect to 2018, when 39% of undergraduate students received financial aid.

This chart compares the average award discount at New Mexico Junior College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
20.1%
2017 Default Rate
27
Number of Defaults

In 2017 the default rate for borrower's at New Mexico Junior College was 20.1%, which represents 27 out of the 134 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

New Mexico Junior College has a total enrollment of 2,327 students. The full-time enrollment at New Mexico Junior College is 735 students and the part-time enrollment is 1,592. This means that 31.6% of students enrolled at New Mexico Junior College are enrolled full-time.

The enrolled student population at New Mexico Junior College, both undergraduate and graduate, is 52.3% Hispanic or Latino, 31.3% White, 8.47% Black or African American, 0.988% Two or More Races, 0.902% Asian, 0.902% American Indian or Alaska Native, and 0.0859% Native Hawaiian or Other Pacific Islanders.

Students enrolled at New Mexico Junior College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (27.3%), followed by White Female (19.9%) and Hispanic or Latino Male (17.7%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

31.6%
Full-Time Enrollment

The total enrollment at New Mexico Junior College, both undergraduate and graduate, is 2,327 students. The full-time enrollment at New Mexico Junior College is 735 and the part-time enrollment is 1,592. This means that 31.6% of students enrolled at New Mexico Junior College are enrolled full-time compared with 34.9% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at New Mexico Junior College (in red) compares to similar universities.

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Retention Rate over Time

69%
2019 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. The retention rate for full-time undergraduates at New Mexico Junior College was 69%. Compared with the full-time retention rate at similar Associates Colleges (61%), New Mexico Junior College had a retention rate higher than its peers.

This chart shows the retention rate over time at New Mexico Junior College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity
  1. Hispanic or Latino
    1,217
  2. White
    728
  3. Black or African American
    197

The enrolled student population at New Mexico Junior College is 52.3% Hispanic or Latino, 31.3% White, 8.47% Black or African American, 0.988% Two or More Races, 0.902% Asian, 0.902% American Indian or Alaska Native, and 0.0859% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 44% White, 26.9% Hispanic or Latino, and 12.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 109 students (4.68%) did not report their race.

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Graduates

In 2019, 123 more women than men received degrees from New Mexico Junior College. The most common race/ethnicity group of degree recipients at New Mexico Junior College is hispanic or latino (245 degrees awarded). There were 1.45 times more hispanic or latino graduates than the next closest race/ethnicity group, white (169 degrees).

The most common Bachelor's Degree concentration at New Mexico Junior College is N/A, followed by N/A and N/A.

The most specialized majors across all degree types at New Mexico Junior College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (295 degrees awarded), Protective Services (37 degrees), and Mechanical Technologies (25 degrees).

Workforce

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are Elementary & middle school teachers (1,474,930 people), Secondary school teachers (474,001 people), Education administrators (253,224 people), Special education teachers (207,149 people), and Preschool & kindergarten teachers (193,426 people).

The most specialized majors at New Mexico Junior College are Liberal Arts & Humanities (295 degrees awarded), Protective Services (37 degrees), Mechanical Technologies (25 degrees), Personal & Culinary Services (29 degrees), and Precision Production (8 degrees).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are Dentists, Physicians, Magnetic resonance imaging technologists, Actuaries, and Cardiovascular technologists and technicians

The most specialized majors at New Mexico Junior College are Liberal Arts & Humanities (295 degrees awarded), Protective Services (37 degrees), Mechanical Technologies (25 degrees), Personal & Culinary Services (29 degrees), and Precision Production (8 degrees).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are Elementary & secondary schools (2,718,371 people), Justice, public order, & safety activities (363,977 people), Colleges, universities & professional schools, including junior colleges (227,295 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (123,796 people), and Child day care services (102,410 people).

The most specialized majors at New Mexico Junior College are Liberal Arts & Humanities (295 degrees awarded), Protective Services (37 degrees), Mechanical Technologies (25 degrees), Personal & Culinary Services (29 degrees), and Precision Production (8 degrees).

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Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New Mexico Junior College.
Most Common
  1. N/A
    N/A degree-majorss awarded
  2. N/A
    N/A degree-majorss awarded
  3. N/A
    N/A degree-majorss awarded

In false, the most common bachelors degree concentration at New Mexico Junior College was N/A with N/A degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at New Mexico Junior College according to their major.

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Gender Breakdown for Common Majors

181
Degrees Awarded to Men
in 2019
304
Degrees Awarded to Women
in 2019

In 2019, 181 degrees were awarded to men at New Mexico Junior College, which is 0.595 times less than the number of degrees awarded to females (304).

This chart displays the gender disparity between the top 5 majors at New Mexico Junior College by degrees awarded.

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Most Common Male Majors

In false, 99 degrees were awarded to men at New Mexico Junior College in General Studies, which is 0.505 times less than the 196 female recipients with that same degree.

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Most Common Female Majors

In false, 196 degrees were awarded to women at New Mexico Junior College in General Studies, which is 1.98 times more than the 99 male recipients with that same degree.

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Time to Complete

27%
100% Completion Time
31%
150% Completion Time

In 2019, 27% of students graduating from New Mexico Junior College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 31% completed their degrees within 150% of the normal time, and 41% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (64.7%)

The student demographic with the highest graduation rate at New Mexico Junior College is Female and Black or African American (64.7% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.37% of graduates (1 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. Hispanic or Latino
    245 degrees awarded
  2. White
    169 degrees awarded
  3. Black or African American
    46 degrees awarded

The most common race/ethnicity at New Mexico Junior College is hispanic or latino (245 degrees awarded). There were 1.45 times more hispanic or latino recipients than the next closest race/ethnicity group, white (169 degrees).

1.03% of degree recipients (5 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. Hispanic or Latino Female
    165 degrees awarded
  2. White Female
    97 degrees awarded
  3. Hispanic or Latino Male
    80 degrees awarded

The most common race/ethnicity and gender grouping at New Mexico Junior College is hispanic or latino female (165 degrees awarded). There were 1.7 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (97 degrees).

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Operations

New Mexico Junior College has an endowment valued at nearly $9.86M, as of the end of the 2019 fiscal year. The return on its endowment was of $458k (4.65%), compared to the 5.92% average return ($255k on $4.3M) across all Associates Colleges.

In 2019, New Mexico Junior College had a total salary expenditure of $44.5M. New Mexico Junior College employs 71 Professors, 0 N/A, and 0 N/A. Most academics at New Mexico Junior College are Female Professors (43), Male Professors(28), and N/A (0).

The most common positions for non-instructional staff at New Mexico Junior College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 70 employees, Service, with 45 employees, and Business and Financial Operations with 13 employees.

Finances

Endowment

$9.86M
2019 Endowment
13.2%
growth from 2018

New Mexico Junior College has an endowment valued at about $9.86M, as of the end of the 2019 fiscal year. The endowment of New Mexico Junior College grew 13.2% from the previous year. The value of their endowment was $5.56M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at New Mexico Junior College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Nontraditional Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $825k - Federal
  2. $649k - State
  3. $0 - Local

As of 2019, New Mexico Junior College received $825k in grants and contracts from the federal government, $649k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$13.9M
2019 Salaries
3.3%
decline from 2018

In 2019, New Mexico Junior College paid a median of $13.9M in salaries, which represents 31.3% of their overall expenditure ($44.5M) and a 3.3% decline from the previous year. This is compared to a 4.58% decline from 2017 and a 0.0338% decline from 2016.

The median for similar Associates Colleges is 16.6M (44.7% of overall expenditures).

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Instructional Salaries

$3.97M
Instructional Salaries
71
Number of Employees

In 2019, New Mexico Junior College paid a total of $3.97M to 71 employees working as instructors, which represents 28.5% of all salaries paid.

This is compared to a median of $5.1M (30.7%) for similar Associates Colleges.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
71 Employees
Librarians, Curators, Archivists, and Academic Affairs and Other Education Services
Most Common Non-Instructional Employee
70 Employees

In 2019, the most common positions for instructional staff at New Mexico Junior College were Professor with 71 employees; false with 0 employees; and false with 0 employees.

In 2019, the most common positions for non-instructional staff at New Mexico Junior College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 70 employees; Service with 45 employees; and Business and Financial Operations with 13 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Female Professor
  2. Male Professor
  3. false

In 2019, the most common demographic for instructional staff at New Mexico Junior College was Female Professor with 43 employees, Male Professor with 28 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at New Mexico Junior College.

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