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Public Research University

University of
New Mexico-Main Campus

Public Research University in Albuquerque, NM. Six-year graduation rate 55%. Median 10-year earnings $44,792.

Verdict Mixed outcomes
University of New Mexico-Main Campus · Campus
Median earnings · 10 yr
$44,792
Median debt at grad
$18,450
Mobility score
2.0
% bottom→top quintile
Graduation rate
54.7%
Federal loan default
0%

Students who entered University of New Mexico-Main Campus land at a median of $44,792 a decade later, close to what most four-year schools deliver. The six-year graduation rate is 55%, meaning about one in two students who start do not finish. Median debt at graduation is $18,450, roughly typical for an undergraduate degree. It also moves people — 2.0% of students climb from the bottom fifth of the income distribution 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
95%
Applicants
12,269
Yield rate
31.2%

University of New Mexico-Main Campus admits 95% of applicants — effectively open admission, so the application is a formality rather than a hurdle. With 12,269 applications received, this is a school operating at national scale. Yield sits at 31% — the remainder of admitted students enroll elsewhere or not at all. 48% of enrolled first-years submitted an SAT score. The bands below describe the middle half of that group, not of the class.

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 460–600 1,758 (48%)
SAT Math 430–570
ACT Composite 19–26 286 (8%)

IPEDS Admissions · 2024

Apply at University of New Mexico-Main Campus →

Academics

Full-time retention
76%
Transfer-out rate
0%
Student:faculty
15:1

Six-year completion sits at 55%, meaning about one in two students who enroll leave without finishing. Retention of 76% means a meaningful slice of each entering class does not return. Retention and graduation track closely, so most of the attrition shows up in the first year rather than after it. The part-time picture is harder: 59% return, against 76% full-time. The 15:1 student-faculty ratio is small enough that seminar-sized classes are the norm.

Financial Aid

Average net price
$6,347
Full-time, first-time undergraduates paying the in-state rate who were awarded grant or scholarship aid
% receiving grants
89%
degree- or certificate-seeking undergraduates
% receiving federal loans
45%
degree- or certificate-seeking undergraduates

IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 16,625 degree- or certificate-seeking undergraduates

Students pay an average of $6,347 annually, well below typical undergraduate net price. Income makes less difference than usual: $11,938 at $0–30k, $19,053 at $110k+. 89% of students get grant aid averaging $12,861, so the published price is a poor guide to what most pay. About 45% borrow federally, roughly the national pattern.

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
100%
Average grant
$13,140

IPEDS Student Financial Aid · 2023-24 · 3,548 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 $11,938
$30–48k $13,045
$48–75k $16,196
$75–110k $17,906
$110k+ $19,053

IPEDS Student Financial Aid · 2023-24

Federal student loans went to 7,424 of these 16,625 students, totalling $20,050,612 — an average of $2,701 each.

IPEDS Student Financial Aid · 2023-24

Local housing costs

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

Studio
$1,009/mo
1 bedroom
$1,185/mo
2 bedroom (whole unit)
$1,464/mo

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

Veterans & GI Bill

GI Bill students
981
Yellow Ribbon
No
Principles of Excellence
Yes

VA GI Bill Comparison Tool (Veterans Affairs GIDS)

Compare University of New Mexico-Main Campus with peer institutions

How we evaluate University of New Mexico-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 →