New Mexico Military Institute

Roswell, NM · Public · Associate degree-granting

New Mexico Military Institute is a public institution in Roswell, New Mexico, accredited by the Higher Learning Commission. With 331 students, it is a small institution. Graduates earn a median of $57,410 ten years after enrollment, which is 41% above the national median of $40,747. In terms of completion, the graduation rate is 41.1%. Regarding affordability, median graduate debt is $5,500, yielding an earnings-to-debt ratio of 10.44x. The average net price after financial aid is $4,571 per year. The most popular programs include Liberal Arts & Sciences.

Key Outcomes

Median Earnings (10yr)
$57,410
Graduation Rate
41.1%
Median Debt
$5,500
Average Net Price
$4,571
Earnings-to-Cost Ratio
6.28x
Earnings-to-Debt Ratio
10.44x

Admissions & Enrollment

Total Enrollment
331
Admission Rate
52.6%
Average SAT
Not reported
Retention Rate
50.3%

Cost

In-State Tuition
$7,190
Out-of-State Tuition
$14,156
Pell Grant Rate
24.4%
Federal Loan Rate
4.4%

Net Cost by Family Income

Income $0–$30K
$2,772
Income $30K–$48K
$4,062
Income $48K–$75K
$5,935
Income $110K+
$10,106

Student Demographics

Women
16.7%
White
19.0%
Black
13.6%
Hispanic
33.8%
Asian
3.3%
Two or More Races
3.0%

Student Loan Performance

Repayment Rate (3yr)
46.7%

Accreditations

Programs (1)

Associate (1)

Program Median Earnings Completers
Liberal Arts & Sciences $55,247 125

Rankings Featuring This Institution

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