New Mexico Military Institute
Roswell, New Mexico · Also known as NMMI · Website
$57,410
median earnings, 10 years after starting
$57,410
median earnings, 10 years after starting
New Mexico Military Institute is a public 2-year college in Roswell, New Mexico with 331 undergraduates. Its average net price after grants is $4,571 a year (tuition and fees $7,190 in-state, $14,156 out-of-state). It admits 53% of applicants and 44% of students finish within 3 years. Former students earn a median $57,410 a year 10 years after they started, and graduates leave with a median $5,500 in federal student loans.
Updated Oct 10, 2026 · June 2026 data
Net price
$4,571
US median $17,138
Tuition in-state
$7,190
Out-of-state $14,156
Admission rate
53%
US median 78%
Completion rate
44%
Within 3 years, US 58%
Median debt
$5,500
About $58 a month
Earnings at 10 years
$57,410
Rank 938 of 5,094 in the US
Cost
What a year costs: posted prices and the average after grants
Net price by family income
Average yearly cost after grants, for students who get aid
- Net price
- $4,571
- Tuition in-state
- $7,190
- Tuition out-of-state
- $14,156
- Cost of attendance
- $19,121
- Students with a need-based grant
- 24%
- Students with federal loans
- 4.4%
- Net price, family income under $30K
- $2,772
- Net price, family income $30K to $48K
- $4,062
- Net price, family income $48K to $75K
- $5,935
- Net price, family income $75K to $110K
- $4,210
- Net price, family income over $110K
- $10,106
Net price is what students who get aid pay on average after grants.
Tuition and net price by year
School years 2015-16 to 2024-25. The year on the chart is the year the school year starts.
Yearly cost
Tuition and fees went from $4,677 in 2015-16 to $7,190 in 2024-25.
Admission, completion and retention
Share of applicants admitted, of students who finish and of first-year students who come back
Admission and students
- Admission rate
- 53%
- Undergraduates
- 331
- Part-time students
- 0%
- Women
- 20%
- Students per teacher
- 13
- Completion rate
- 44%
- Retention rate
- 50%
- Highest degree
- Associate's degree
- Programs
- 1
- Endowment
- $507.0M
Earnings and debt
Compared with the medians of the colleges of its state, of colleges of the same kind and of all US colleges
Median earnings 10 years after starting rank 938 of 5,094 US colleges and 2 of 35 in New Mexico (1 = highest).
| Measure | College | NM median | Same kind | US median |
|---|---|---|---|---|
| Net price | $4,571 | $8,706 | $7,702 | $17,138 |
| Tuition in-state | $7,190 | $2,289 | $4,656 | $11,837 |
| Admission rate | 53% | 89% | 79% | 78% |
| Completion rate | 44% | 32% | 38% | 58% |
| Retention rate | 50% | 60% | 64% | 75% |
| Median debt | $5,500 | $11,356 | $10,417 | $13,271 |
| Earnings after 6 years | $43,034 | $32,960 | $33,563 | $35,656 |
| Earnings after 10 years | $57,410 | $38,550 | $38,555 | $40,813 |
Best-paid programs
Median earnings 1 year after graduation
Same kind: US public 2-year colleges. Earnings and debt are medians of former students who received federal student aid. 47% of borrowers lowered their balance within 3 years. 67% earn more than a typical high school graduate 6 years after starting.
Programs
1 fields of study and credentials, with graduates, debt and earnings
| Field of study | Graduates | Median debt | Earnings 1 yr | Earnings 4 yr | US median 4 yr | |
|---|---|---|---|---|---|---|
| Liberal Arts and Sciences, General Studies and HumanitiesAssociate's | Associate's | 125 | $5,500 | $10,627 | $55,247 | $44,125 |
In the area
- Jobs, pay and new homes: the county of Roswell and New Mexico on Local Economy
- More colleges: All colleges in New Mexico
- Homes: Homes for sale in New Mexico
Questions and answers
How much does New Mexico Military Institute cost?
$4,571 a year is the average net price at New Mexico Military Institute after grants and scholarships. Tuition and fees are $7,190 for in-state students and $14,156 for out-of-state students, and the full cost of attendance with housing, food and books is $19,121. Families earning under $30,000 pay $2,772 on average.
What is the acceptance rate at New Mexico Military Institute?
53% of applicants are admitted to New Mexico Military Institute. The median admission rate of colleges in New Mexico is 89%.
How much do New Mexico Military Institute graduates earn?
$57,410 a year is the median pay of former New Mexico Military Institute students who work, 10 years after they started ($43,034 after 6 years). That ranks 938 of 5,094 US colleges and 2 of 35 in New Mexico. Its best-paid program one year after graduation is Liberal Arts and Sciences, General Studies and Humanities (Associate's) at $10,627.
How much student debt do New Mexico Military Institute graduates have?
$5,500 is the median federal student loan debt of New Mexico Military Institute graduates, about $58 a month over 10 years. The median across US colleges is $13,271. 4.4% of undergraduates take out federal loans.
What is the graduation rate at New Mexico Military Institute?
44% of first-time, full-time students at New Mexico Military Institute finish within 3 years. 50% of first-year students come back for a second year. The median of public 2-year colleges is 38%.
What are the most popular majors at New Mexico Military Institute?
Liberal Arts and Sciences, General Studies and Humanities (125 associate's graduates) had the most graduates in the newest year, out of 1 programs.
Official public data, June 2026 release. Net price is for first-time, full-time students who get aid. Completion counts first-time, full-time students who finish within 150% of the normal time. Debt and earnings are medians of students who received federal student aid, measured a few years after they left, in the dollars of the year measured; earnings count former students who work and are not enrolled, including those who did not finish.