University of New Mexico-Main Campus

www.unm.edu

2024 Undergraduate Tuition

$8,502

25% growth from 2023

2024 Average Net Price

$6,347

After Financial Aid

2023 Default Rate

0.531%

on Student Loans

2024 Acceptance Rate

95.2%

12,269 Applicants

2024 Enrolled Students

23,124

74.3% Full-Time

2024 Graduation Rate

54.1%

1,403 Graduates

Costs

In 2024, the median undergraduate tuition at University of New Mexico-Main Campus is $8,502, which is $23,418 less than the national average for Doctoral Universities ($31,920).

After taking grants and loans into account, the average net price for students is $6,347.

In 2024, 87% of undergraduate students attending University of New Mexico-Main Campus received financial aid through grants. Comparatively, 44% of undergraduate students received financial aid through loans.

Tuition Costs

$8,502

2024 Undergraduate Tuition

In 2024, the cost of tuition at University of New Mexico-Main Campus was $8,502. The cost of tuition at University of New Mexico-Main Campus is $−23,418 less than than the overall (public and private) national average for Doctoral Universities ($31,920).

This chart compares the tuition costs of University of New Mexico-Main Campus (in red) with those of other similar universities.

Average Net Price

$6,347

2024 Value

15.7%

1 Year Growth

In 2024 University of New Mexico-Main Campus had an average net price — the price paid after factoring in grants and loans — of $6,347. Between 2023 and 2024, the average net price of University of New Mexico-Main Campus grew by 15.7%.

This chart compares the average net price of University of New Mexico-Main Campus (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.

Other Student Expenses

$11,884

Room and Board

$1,328

Books and Supplies

The average yearly cost of room and board at University of New Mexico-Main Campus was of $11,884 in 2024. The cost of room and board increased by 8.87% between 2023 and 2024.

During the same period, the average yearly cost of books and supplies was $1,328. The cost of books and supplies increased by 5.9% during the same period.

This chart compares the average student costs at University of New Mexico-Main Campus (in red) with that of similar universities.

Financial Aid by Income Level

87%

Undergraduates Receiving Financial Aid through Grants

44%

Undergraduates Receiving Financial Aid through Loans

87% of undergraduate students at University of New Mexico-Main Campus received financial aid through grants or loans in 2024. This represents a decline of 1.14% with respect to 2023, when 88% of undergraduate students received financial aid.

This chart compares the average award discount at University of New Mexico-Main Campus (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.

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.

0.531%

2023 Default Rate

Number of Defaults

In 2023 the default rate for borrower's at University of New Mexico-Main Campus was 0.531%, which represents 18 out of the 3390 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.

Enrollment

University of New Mexico-Main Campus had a total enrollment of 23,124 students in 2024. The full-time enrollment at University of New Mexico-Main Campus is 17,188 students and the part-time enrollment is 5,936. This means that 74.3% of students enrolled at University of New Mexico-Main Campus are enrolled full-time.

The enrolled student population at University of New Mexico-Main Campus, both undergraduate and graduate, is 46.7% Hispanic or Latino, 30% White, 5.3% American Indian or Alaska Native, 4.19% Asian, 4.04% Two or More Races, 2.98% Black or African American, and 0.164% Native Hawaiian or Other Pacific Islanders.

Students enrolled at University of New Mexico-Main Campus in full-time Undergraduate programs are most commonly Hispanic or Latino Female (30.3%), followed by Hispanic or Latino Male (20.6%) and White Female (14.8%). Students enrolled in full-time Graduate programs are most commonly Hispanic or Latino Female (20.4%), followed by White Female (20.2%) and White Male (14.1%).

Full-Time vs Part-Time Enrollment

74.3%

Full-Time Enrollment

The total enrollment at University of New Mexico-Main Campus in 2024, both undergraduate and graduate, is 23,124 students. The full-time enrollment at University of New Mexico-Main Campus is 17,188 and the part-time enrollment is 5,936. This means that 74.3% of students enrolled at University of New Mexico-Main Campus are enrolled full-time compared with 77.3% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at University of New Mexico-Main Campus (in red) compares to similar universities.

Retention Rate over Time

76%

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. The retention rate for full-time undergraduates at University of New Mexico-Main Campus was 76%. Compared with the full-time retention rate at similar Doctoral Universities (82%), University of New Mexico-Main Campus had a retention rate lower than its peers.

This chart shows the retention rate over time at University of New Mexico-Main Campus (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2024)

Hispanic or Latino
10,789 enrolled students
White
6,928 enrolled students
American Indian or Alaska Native
1,226 enrolled students

The enrolled student population at University of New Mexico-Main Campus is 46.7% Hispanic or Latino, 30% White, 5.3% American Indian or Alaska Native, 4.19% Asian, 4.04% Two or More Races, 2.98% Black or African American, and 0.164% 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 Doctoral Universities is 46.2% White, 16.3% Hispanic or Latino, and 10.4% 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, 422 students (1.82%) did not report their race.

Graduates

In 2024, 977 more women than men received degrees from University of New Mexico-Main Campus. The most common race/ethnicity group of degree recipients at University of New Mexico-Main Campus is hispanic or latino (2,264 degrees awarded). There were 1.28 times more hispanic or latino recipients than the next closest race/ethnicity group, white (1,763 degrees).

The most common Bachelor's Degree concentration at University of New Mexico-Main Campus is General Business Administration & Management (447 degrees awarded), followed by General Psychology (412 degrees) and Registered Nursing (403 degrees).

In 2024, the most specialized majors across all degree types at University of New Mexico-Main Campus, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Architecture and Related Services (134 degrees awarded), Cultural & Gender Studies (60 degrees), and Language & Linguistics (114 degrees).

Common Jobs by Major

Postsecondary teachers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at University of New Mexico-Main Campus are Postsecondary teachers (173,105 people), Other managers (164,035 people), Elementary & middle school teachers (147,569 people), Secondary school teachers (123,308 people), and Lawyers, & judges, magistrates, & other judicial workers (117,598 people).

The most specialized majors at University of New Mexico-Main Campus in 2024 are Architecture and Related Services (134 degrees awarded), Cultural & Gender Studies (60 degrees), Language & Linguistics (114 degrees), English (136 degrees), and Physical Sciences (114 degrees) (as of 2024).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at University of New Mexico-Main Campus are Surgeons, Logisticians, Economists, Securities, commodities, & financial services sales agents, and Physicians

The most specialized majors at University of New Mexico-Main Campus are Architecture and Related Services (134 degrees awarded), Cultural & Gender Studies (60 degrees), Language & Linguistics (114 degrees), English (136 degrees), and Physical Sciences (114 degrees) (as of 2024).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at University of New Mexico-Main Campus are Elementary & secondary schools (381,830 people), Colleges, universities & professional schools, including junior colleges (342,303 people), Architectural, engineering & related services (191,670 people), Computer Systems Design (143,782 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (140,303 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by University of New Mexico-Main Campus.

Most Common (2024)

General Business Administration & Management
447 degrees awarded
General Psychology
412 degrees awarded
Registered Nursing
403 degrees awarded

In 2024, the most common bachelors degree concentration at University of New Mexico-Main Campus was General Business Administration & Management with 447 degrees awarded.

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

Sex Breakdown for Common Majors

2,085

Degrees Awarded to Men

in 2024

3,062

Degrees Awarded to Women

in 2024

In 2024, 2,085 degrees were awarded to men at University of New Mexico-Main Campus, which is 0.681 times less than the number of degrees awarded to females (3,062).

This chart displays the sex disparity between the top 5 majors at University of New Mexico-Main Campus by degrees awarded.

Most Common Male Majors

In 2024, 299 degrees were awarded to men at University of New Mexico-Main Campus in General Business Administration & Management, which is 1.01 times more than the 295 female recipients with that same degree.

Most Common Female Majors

In 2024, 374 degrees were awarded to men at University of New Mexico-Main Campus in Registered Nursing, which is 4.25 times more than the 88 male recipients with that same degree.

Time to Complete

35%

100% Completion Time

51%

150% Completion Time

In 2024, 35% of students graduating from University of New Mexico-Main Campus completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 51% completed their degrees within 150% of the normal time, and 54% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (72.4%)

The student demographic with the highest graduation rate in 2024 at University of New Mexico-Main Campus is Female and Asian (72.4% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (75.5%).

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, 1.36% of graduates (19 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2024)

Hispanic or Latino
2,264 degrees awarded
White
1,763 degrees awarded
Asian
260 degrees awarded

The most common race/ethnicity at University of New Mexico-Main Campus is hispanic or latino (2,264 degrees awarded). There were 1.28 times more hispanic or latino recipients than the next closest race/ethnicity group, white (1,763 degrees).

2.12% of degree recipients (109 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2024)

Hispanic or Latino Female
1,664 degrees awarded
Hispanic or Latino Female
1,598 degrees awarded
Hispanic or Latino Female
1,580 degrees awarded

The most common race/ethnicity and sex grouping at University of New Mexico-Main Campus is hispanic or latino female (1,664 degrees awarded). There were 1.04 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino female (1,598 degrees).

Operations

University of New Mexico-Main Campus has an endowment valued at nearly $821M, as of the end of the 2024 fiscal year. The return on its endowment was of 85.5M (10.4%) compared to the 9.4% average return (23.7M on 252M) across all Doctoral Universities.

In 2024, University of New Mexico-Main Campus had a total salary expenditure of 3.02B. University of New Mexico-Main Campus employs 336 Professors, 282 Assistant professors and 270 Associate professors. Most academics at University of New Mexico-Main Campus are Male Professor (205), Female Assistant professor (160), and Female Associate professor (138).

The most common positions for non-instructional staff at University of New Mexico-Main Campus are: Office and Administrative Support, with 559 employees, Business and Financial Operations, with 402 employees, and Computer, Engineering, and Science with 400 employees.

Endowment

$821M

2024 Endowment

15%

growth from 2023

University of New Mexico-Main Campus has an endowment valued at about $821M, as of the end of the 2024 fiscal year. The endowment of University of New Mexico-Main Campus grew 15% from the previous year. The value of their endowment was $569M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at University of New Mexico-Main Campus (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$307M - Federal
$60.3M - State
$2.9M - Local

As of 2024, University of New Mexico-Main Campus received $307M in grants and contracts from the federal government, $60.3M from state grants and contracts, and $2.9M from local grants and contracts.

Salary Expenditure

$1.6B

2024 Salaries

5.59%

growth from 2023

In 2024, University of New Mexico-Main Campus paid a median of $1.6B in salaries, which represents 53.1% of their overall expenditure ($3.02B) and a 5.59% growth from the previous year. This is compared to a 2.9% growth between 2022 and 2023, and a 10.2% growth between 2021 and 2022.

Instructional Salaries

$123M

Instructional Salaries

1,110

Number of Employees

In 2024, University of New Mexico-Main Campus paid a total of $123M to 1,110 employees working as instructors, which represents 7.64% of all salaries paid.

This is compared to a median of $4.1M (2.29%) for similar Doctoral Universities.

Occupations by Share

In 2024, the most common positions for non-instructional staff at University of New Mexico-Main Campus were Office and Administrative Support with 559 employees, Business and Financial Operations with 402 employees, and Computer, Engineering, and Science with 400 employees.

University of New Mexico-Main Campus

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University of New Mexico-Main Campus

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About

Costs

Tuition Costs

Average Net Price

Other Student Expenses

Financial Aid by Income Level

Student Loan Default Rate

Admissions

Acceptance Rate

SAT Scores

Enrollment

Full-Time vs Part-Time Enrollment

Retention Rate over Time

Enrollment by Race & Ethnicity

Graduates

Common Jobs by Major

Highest Paying Jobs by Major

Common Industries by Major

Majors Awarded

Sex Breakdown for Common Majors

Most Common Male Majors

Most Common Female Majors

Time to Complete

Graduation Rate by Race and Sex

Race & Ethnicity by Share

Race & Ethnicity by Sex

Operations

Endowment

Government Grants and Contracts

Salary Expenditure

Instructional Salaries

Occupations by Share

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