undergradly.
Public Community College

New Mexico
State University-Grants

Public Community College in Grants, NM. Six-year graduation rate 26%. Median 10-year earnings $39,067.

Verdict Mixed outcomes
New Mexico State University-Grants · Campus
Median earnings · 10 yr
$39,067
Median debt at grad
$17,095
Graduation rate
26.2%
Federal loan default
0%

Median earnings ten years after entry come to $39,067, below what most undergraduate institutions return — the central fact to weigh against cost here. Completion is the weak point: 26% graduate within six years. Graduates carry a median of $17,095 in debt — in line with the national norm.

Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.

Green Flags
  • ✓ 3-year loan default 0.0% — below national benchmark
Red Flags
  • ! Graduation rate 26% — below national average

Academics

Full-time retention
58%
Transfer-out rate
14%
Student:faculty
15:1

Only 26% finish within six years, so roughly three in four students leave without the credential. Just 58% of first-years come back — most of the completion gap opens in year one. The distance between those two figures is the part worth noticing — students return for a second year at a much higher rate than they graduate, so attrition here is spread across the middle years rather than concentrated in the first. Transfer-out runs to 14% — common enough at this school that the completion rate is measuring a smaller group than the entering class. The part-time picture is harder: 27% return, against 58% full-time.

Financial Aid

Average net price
$1,864
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
71%
degree- or certificate-seeking undergraduates
% receiving federal loans
3%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 351 degree- or certificate-seeking undergraduates

Students pay an average of $1,864 annually, well below typical undergraduate net price. The gap between the $0–30k and $75–110k bands is narrow ($248 versus $-3,338), meaning aid is not strongly need-weighted. 71% of students receive grant aid, averaging $6,728 — common but not automatic. Federal borrowing is uncommon here at 3% of students.

Entering first-year students

A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.

% receiving grants
95%
Average grant
$6,784

IPEDS Student Financial Aid · 2023-24 · 79 students

Net price by family income

The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.

Family income band Average net price
$0–30k $248
$30–48k $-789
$48–75k $846
$75–110k $-3,338
$110k+ —

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 11 of these 351 students, totalling $28,152 — an average of $2,559 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

Typical rents near campus (Cibola County) — budget these against any cost-of-attendance housing estimate.

Studio
$738/mo
1 bedroom
$823/mo
2 bedroom (whole unit)
$993/mo

HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026

Veterans & GI Bill

GI Bill students
19
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare New Mexico State University-Grants with peer institutions

How we evaluate New Mexico State University-Grants

IPEDS
US Department of Education
College Scorecard
Post-grad earnings
Census PSEO
Earnings by major
Opportunity Insights
Mobility by institution
Read our full methodology →