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Most affordable private colleges in New Mexico

2 private colleges in New Mexico report net price data, ranging from $20,438 at the lowest to higher costs at more selective schools. The median net price across these is $24,403. New Mexico's private colleges run a bit higher than the national average for the kind. The list below shows the most affordable options, ranked by net price.

Median net price in New Mexico

$24,403

National median for private colleges

$15,832

private colleges reporting in New Mexico

2

The most affordable private colleges in New Mexico, ranked by net price

1

University of the Southwest

NM

Net price

$20,438

Receive grant aid

97%

2

St. John's College

NM

Net price

$28,368

Receive grant aid

92%

What makes a school affordable here

In New Mexico, the most affordable private colleges share two things in common. First, low published net prices reflect both reasonable sticker prices and meaningful institutional or state aid. Second, a high share of students receive grant aid. At University of the Southwest, the most affordable on this list, 97% of students receive grant aid. Net price reflects what a typical family actually pays, not the sticker price you see at first glance. A school with a $50,000 sticker price and a $10,000 net price is more affordable for most families than a school with a $20,000 sticker and a $19,000 net price.

Affordable colleges in New Mexico, other types

Affordable private colleges in other states

Find your personalized cost

National rankings use publicly available federal cost data. Plug in your actual aid offer and family situation for a Worth-It Score that reflects your specific picture.

Affordability rankings use publicly available federal higher-ed cost data. Net price reflects the average cost a family pays after grants and scholarships are subtracted from total cost of attendance, for the 2022-23 reporting year. See full methodology →