Tuition fees for New Mexico residents attending Santa Fe Community College did not change for the 2022-23 school year, as reported in the latest figures, according to the latest disclosure from the National Center for Education Statistics.
Students from New Mexico paid $2,505 to enroll at the two-year public college in both the 2021-22 and 2022-23 academic years.
Non-resident students faced tuition costs nearly double those of in-state students, paying $4,995 in 2022-23, a figure that remained the same as in the previous year.
Approximately 97% of the undergraduate student body at Santa Fe Community College are residents of New Mexico, while about 2% come from other states.
Data indicates that 78% of full-time undergraduates who began their studies at the college in 2022-23 received some form of financial aid. A total of 113 students were awarded grants or scholarships amounting to $539,621.
Across all undergraduate students, 719 individuals benefited from grants or scholarships totaling $3.1 million. Additionally, 27 students borrowed $191,571 in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 66 | 45% | $339,586 | $5,145 |
| State / local grant or scholarship | 106 | 73% | $156,852 | $1,480 |
| Institutional grants or scholarships | 38 | 26% | $43,183 | $1,136 |
| Grant or scholarship aid total | 113 | 77% | $539,621 | $4,775 |
| Federal student loans | 0 | 0% | $0 | $0 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 0 | 0% | $0 | $0 |
| Total student aid | 114 | 78% | $539,621 | $4,733 |
