University of New Mexico In-State Rules

Rules and regulations for in-state residency vary by university, and so do the costs and benefits of earning residency status. Following you will find a synopsis of the major in-state requirements and a cost comparison overview of the tuition variance for the University of New Mexico located in Albuquerque.

Nicknames:

New Mexico, UNM

 

University of New Mexico Tuition Overview:

Cost per year includes tuition and mandatory fees for 30 total hours (15 hours/semester).

$20,664 out-of-state tuition

$6,446 in-state tuition

$14,218 tuition savings/year

 

UNM’s Total Cost of Attendance:

Cost per year using total of 30 credit hours (full-time status), and includes average estimates for room and board, books, supplies, transportation, and miscellaneous expenses.

$34,175 out-of-state residents

$19,957 in-state residents

$14,218 savings/year

University of New Mexico In-State Requirements:

There is a little more leeway at this university, but that by no means equals an easy-breezy petition process for residency. More or less there are some things that are not required (i.e. employment in-state is not necessarily required nor is registering of vehicle, but these items are dependent on other details). However, just because some things are not required does not mean you get away with not doing them. For example, you must be able to financially support yourself to a certain degree so that you are independent, and this may mean you do have to have a job for employment income in order to make that happen. Limited absence time from the state during your one-year domicile period is also required at this school.

In general, a good candidate for in-state tuition here is a person who:

• is able to remain in New Mexico throughout the year with limited absences
• can sever ties to other states and establish them in NM
• is able to get student loans as needed
• can obtain employment and work in-state if need be
• is an adult who can dominantly support self

 

Want more, a definitive report detailing everything important you need to know?  Check out In-State Angels’ U of New Mexico- Report.

If you’d prefer we just take your information and tell you what your in-state prospects are at the University of New Mexico, you may want In-State Angels’ U of New Mexico Customized Report.

To discuss the University of New Mexico with an expert, check out Consulting.

Or maybe you’re interested in having In-State Angels completely oversee your quest for in-state residency and guarantee your results, then you may want to check out In-State Angels’ Full-Client Assessment.

 

University of New Mexico Out-of-State Tuition vs. In-State Tuition:

An annual tuition difference of $14,218 is quite a bit and certainly nothing to ignore. That means a total four-year difference of $56,872 between in-state and out-of state tuition.

 

University of New Mexico Financial Aid:

A couple things you need to know about financial aid as it relates to earning in-state residency at UNM:

1. Any financial aid including grants and scholarships that require your being a tax dependent of somebody OR require you to be an out-of-state resident will in general disqualify you from establishing residency.  This means that by accepting such awards, you will be getting no closer to in-state tuition.
2. Your financial aid is re-assessed after earning in-state status and your Expected Family Contribution will be taken into consideration in light of the reduced tuition you will owe.

See article: Do Your FAFSA…You Will Thank Us Later

 

University of New Mexico Grants:

In addition to standard federal grants (Pell Grant, Federal Supplemental Educational Opportunity Grant), New Mexico residents with financial need (based on FAFSA) may be offered one or more of these grants:

Success Grant

A one time, $1,000 award for incoming students with a minimum 2.5 GPA.

College Affordability Grant Program

Maximum award for this grant is $2,500 per year for full-time enrollment. Can be renewed every year until student graduates with their first bachelor’s degree. Eligibility based on financial need.

State Student Incentive Grant (SSIG)

Residents with exceptional need may receive up to $2,000/year from this state-funded program.  This grant is renewable for up to three additional years.

 

University of New Mexico Scholarships:

Academic Scholarships

UNM offers academic scholarships based on the incoming freshman’s GPA and test scores.  For example, students may submit an additional scholarship application to be considered for:

• Regents’ Scholarship –  Tuition waiver of approximately $17,285.  Minimum 3.9 GPA and 31 ACT / 1380 SAT.  Nonresident students also automatically receive the Amigo Scholarship (see below) to offset out-of-state tuition rates.  Renewable for four years.
• Presidential Scholarship – Approximately $8,186/year.  Minimum 3.75 GPA and 25 ACT / 1140 SAT.  Only available to freshmen that graduated from a New Mexico high school (or obtained GED in New Mexico).  Renewable for four years.

Amigo Scholarship (Nonresident)

The Amigo requires a 3.5 GPA and 23 ACT / 1070 SAT test score. This scholarship awards up to $16,138 annually as well as a $200/year stipend.

Western Undergraduate Exchange Programs (WUE & WUE Plus)

These programs are offered to students from the following states: AK, AZ, CA, CO, HI, ID, MT, ND, NV, OR, SD, UT, WA, WY. Minimum requirements include a 3.0 high school GPA and test scores of 910 SAT or 19 ACT. Students with higher test scores are eligible for the WUE Plus program. The WUE allows students to pay 150% of in-state tuition, rather than out-of-state tuition. Students under the WUE Plus program are charged regular New Mexico resident tuition. These programs are renewable for four years, and applicants are automatically considered for this program based on their state of residence.

Lobo Undergraduate Exchange Programs (LUE & LUE Plus)

These programs are essentially identical to the WUE programs, except for residents of states not covered by WUE.