undergradly.
Public Research University

New Mexico
State University-Main Campus

Public Research University in Las Cruces, NM. Six-year graduation rate 55%. Median 10-year earnings $39,067.

Verdict Mixed outcomes
New Mexico State University-Main Campus · Campus
Median earnings · 10 yr
$39,067
Median debt at grad
$17,095
Mobility score
3.2
% bottom→top quintile
Graduation rate
55.2%
Federal loan default
0%

Students who entered New Mexico State University-Main Campus reach a median of $39,067 a decade later, a figure that trails the typical four-year outcome. The six-year graduation rate is 55%, meaning about two in five students who start do not finish. Graduates carry a median of $17,095 in debt — in line with the national norm. On economic mobility, 3.2% of students travel from the bottom income quintile to the top.

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

Admissions

Acceptance rate
89%
Applicants
13,095
Yield rate
20.6%

Admission is not the constraint here: 89% of applicants are accepted. With 13,095 applications received, this is a school operating at national scale. About 21% of admitted students enroll, a yield in the normal range. The score bands below cover the middle 50% of the enrolled students who submitted a score — not the whole class, and not a cutoff.

Test score bands (middle 50% of submitters)

These bands describe the enrolled first-years who submitted a score, not the entering class. Where most students apply test-optional the submitters are a self-selected, higher-scoring group.

Test 25th–75th percentile Submitted
SAT Evidence-Based Reading 450–570 1,627 (68%)
SAT Math 420–540
ACT Composite 17–24 440 (18%)

IPEDS Admissions · 2024

Apply at New Mexico State University-Main Campus →

Academics

Full-time retention
73%
Transfer-out rate
0%
Student:faculty
16:1

Completion is middling: 55% finish inside six years. Retention of 73% means a meaningful slice of each entering class does not return. The two rates sit near each other: few students who return for a second year are missing from the six-year completion figure. Retention drops to 4% for part-time students, a gap worth weighing if full-time study is not realistic. The student-faculty ratio is 16:1 — typical, which in practice means large lectures early and smaller classes in the major.

Financial Aid

Average net price
$10,719
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
80%
degree- or certificate-seeking undergraduates
% receiving federal loans
21%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 11,561 degree- or certificate-seeking undergraduates

At $10,719 a year on average after grant aid, cost is low here relative to most undergraduate institutions. Net price varies modestly by income — $6,648 at $0–30k against $14,049 at $110k+ — so the average is a fair guide for most families. Grant aid reaches 80% of students at an average of $14,510. 21% borrow federally — a low rate, though it covers federal loans only.

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
96%
Average grant
$14,420

IPEDS Student Financial Aid · 2023-24 · 2,366 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 $6,648
$30–48k $7,424
$48–75k $9,861
$75–110k $13,146
$110k+ $14,049

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 2,410 of these 11,561 students, totalling $12,777,686 — an average of $5,302 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$744/mo
1 bedroom
$951/mo
2 bedroom (whole unit)
$1,042/mo

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

Veterans & GI Bill

GI Bill students
788
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare New Mexico State University-Main Campus with peer institutions

How we evaluate New Mexico State University-Main Campus

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