Cost & Financial Aid

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The NMMI experience is valued at $42,858 per year.

New Mexico Residents

NM students qualify for a variety of financial aid assistance and scholarships. These include the NM True rate, the Luciano “Lucky” Varela Opportunity Scholarship, and the General Richard T. Knowles Legislative Scholarship.

NM residents that do not receive the NM True rate qualify for a reduced, In-State tuition. This applies to dependents of active duty or honorably discharged veterans of the US Armed Forces, Sponsored Academy Preps, Contracted SROTC Cadets and AGA athletes.

North American Student Cost

The tuition rate for non-New Mexican, North American students can be found in the Cost Sheet.

International Student Cost

Our international rate is very competitive. International students pay an International Fee that goes directly back to the students in the form of orientation, special outings, and the International Center.

US college students should complete the Free Application for Federal Student Aid (FAFSA), prior to May 1st or within one week of admission.

It is available online at this link.

US Armed Services Tuition Discount

In recognition of the sacrifices made by military families and our desire to provide leaders for New Mexico and the nation, the NMMI Board of Regents has approved the in-state cost for out of state students rate for military families. Active duty members of the US Armed forces and their dependents as well as honorably discharged veterans of the US Armed Forces and their dependents are eligible to pay the in-state waiver rate at NMMI. This discount applies to NMMI’s boarding high school as well as the Junior College. To qualify for this discount students must be accepted to NMMI through our normal admission process and provide one of the following documents:

  • DD 214 – Department of Defense separation document showing an Honorable discharge.
  • DD Form 4-1/2 – Department of Defense Enlistment Document.
  • DA Form 597 or 597-3 – Proof of a contracted SROTC member for ECP/ SMP
  • DA Form 2-1 – Department of the Army personnel Qualification Record (issued during service and prior to issuance of DD 214), or equivalent from Air Force and Marines.

The qualifying dependent of such must provide one of the forms and proof of relationship; birth certificate, guardianship document, etc. to qualify for the reduced rate.

Western Undergraduate Exchange

New Mexico Military Institute is a member of the Western Undergraduate Exchange (WUE) Program for students from the WICHE States (see the map above). This program provides Junior College students from Alaska, Arizona, California,Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, Wyoming, and the Commonwealth of the Northern Mariana Islands, who are otherwise admissible and have a composite ACT super-score of a 22 or a composite SAT super-score of 1110 (New SAT) with tuition at 150% of the in-state waiver rate.

Costs can be seen in the Cost Sheet.

Returning cadets pay approximately $2,000 less due to initial uniform issue.

Texas Reciprocity Agreement

NMMI offers Junior College students from Texas who are otherwise admissible and have a composite ACT super-score of a 22 or a composite SAT super-score of 1110 (New SAT) with tuition at 150% of the in-state waiver rate.

Costs can be seen in the Cost Sheet.

Returning cadets pay approximately $2,000 less due to initial uniform issue