New Mexico Junior College

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2022 Undergraduate Tuition
$960
2022 Average Net Price
$5,964
After Financial Aid
2019 Default Rate
3.67%
on Student Loans
2022 Enrolled Students
2,228
42.1% Full-Time
2022 Graduation Rate
49.2%
152 Graduates

About

New Mexico Junior College is a higher education institution located in Lea County, NM. In 2022, the most popular Associates Degree concentrations at New Mexico Junior College were General Studies (236 degrees awarded), Registered Nursing (32 degrees), and Automobile Mechanics Technology (11 degrees).

In 2022, 402 degrees were awarded across all undergraduate and graduate programs at New Mexico Junior College. 58.7% of these degrees were awarded to women, and 41.3% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (226 degrees), 1.82 times more than then the next closest race/ethnicity group, white (124 degrees).

The median undergraduate tuition at New Mexico Junior College is $960, which is $−7,152 less than the national average for Associates Colleges ($8,112).

Costs

In 2022, the median undergraduate tuition at New Mexico Junior College is $960, which is $−7,152 less than the national average for Associates Colleges ($8,112).

After taking grants and loans into account, the average net price for students is $5,964.

In 2022, 43% of undergraduate students attending New Mexico Junior College received financial aid through grants. Comparatively, 3% of undergraduate students received financial aid through loans.

Tuition Costs

$960
2022 Undergraduate Tuition

In 2022, the cost of tuition at New Mexico Junior College was $960. The cost of tuition at New Mexico Junior College is $−7,152 less than than the overall (public and private) national average for Associates Colleges ($8,112).

This chart compares the tuition costs of New Mexico Junior College (in red) with those of other similar universities.

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Average Net Price

$5,964
2022 Value
2.18%
1 Year Growth

In 2022 New Mexico Junior College had an average net price — the price paid after factoring in grants and loans — of $5,964. Between 2021 and 2022, the average net price of New Mexico Junior College grew by 2.18%.

This chart compares the average net price of New Mexico Junior College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$6,760
Room and Board
$1,680
Books and Supplies

The average yearly cost of room and board at New Mexico Junior College was of $6,760 in 2022. The cost of room and board did not change between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,680. The cost of books and supplies did not change during the same period.

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Financial Aid by Income Level

43%
Undergraduates Receiving Financial Aid through Grants
3%
Undergraduates Receiving Financial Aid through Loans

43% of undergraduate students at New Mexico Junior College received financial aid through grants or loans in 2022. This represents a decline of 24.6% with respect to 2021, when 57% of undergraduate students received financial aid.

This chart compares the average award discount at New Mexico Junior College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
3.67%
2019 Default Rate
4
Number of Defaults

In 2019 the default rate for borrower's at New Mexico Junior College was 3.67%, which represents 4 out of the 109 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

New Mexico Junior College had a total enrollment of 2,228 students in 2022. The full-time enrollment at New Mexico Junior College is 937 students and the part-time enrollment is 1,291. This means that 42.1% of students enrolled at New Mexico Junior College are enrolled full-time.

The enrolled student population at New Mexico Junior College, both undergraduate and graduate, is 59.3% Hispanic or Latino, 27.7% White, 6.73% Black or African American, 1.12% Asian, 0.943% American Indian or Alaska Native, 0.314% Two or More Races, and 0.18% Native Hawaiian or Other Pacific Islanders.

Students enrolled at New Mexico Junior College in full-time Undergraduate programs are most commonly Hispanic or Latino Female (33.9%), followed by Hispanic or Latino Male (18.9%) and White Female (15.8%).

Full-Time vs Part-Time Enrollment

42.1%
Full-Time Enrollment

The total enrollment at New Mexico Junior College in 2022, both undergraduate and graduate, is 2,228 students. The full-time enrollment at New Mexico Junior College is 937 and the part-time enrollment is 1,291. This means that 42.1% of students enrolled at New Mexico Junior College are enrolled full-time compared with 32.2% at similar Associates Colleges.

This chart shows the full-time vs part-time enrollment status at New Mexico Junior College (in red) compares to similar universities.

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Retention Rate over Time

55%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at New Mexico Junior College was 55%. Compared with the full-time retention rate at similar Associates Colleges (62%), New Mexico Junior College had a retention rate lower than its peers.

This chart shows the retention rate over time at New Mexico Junior College (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    1,322 enrolled students
  2. White
    617 enrolled students
  3. Black or African American
    150 enrolled students

The enrolled student population at New Mexico Junior College is 59.3% Hispanic or Latino, 27.7% White, 6.73% Black or African American, 1.12% Asian, 0.943% American Indian or Alaska Native, 0.314% Two or More Races, and 0.18% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Associates Colleges is 42.9% White, 27.9% Hispanic or Latino, and 12.5% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 78 students (3.5%) did not report their race.

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Graduates

In 2022, 70 more women than men received degrees from New Mexico Junior College. The most common race/ethnicity group of degree recipients at New Mexico Junior College is hispanic or latino (226 degrees awarded). There were 1.82 times more hispanic or latino recipients than the next closest race/ethnicity group, white (124 degrees).

The most common Associates Degree concentration at New Mexico Junior College is General Studies (236 degrees awarded), followed by Registered Nursing (32 degrees) and Automobile Mechanics Technology (11 degrees).

In 2022,  the most specialized majors across all degree types at New Mexico Junior College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Liberal Arts & Humanities (236 degrees awarded), Protective Services (46 degrees), and Personal & Culinary Services (44 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are Registered nurses (1,411,528 people), Medical & health services managers (161,496 people), Nurse practitioners & nurse midwives (141,998 people), Police officers (137,040 people), and Pharmacists (135,983 people).

The most specialized majors at New Mexico Junior College in 2022 are Liberal Arts & Humanities (236 degrees awarded), Protective Services (46 degrees), Personal & Culinary Services (44 degrees), Precision Production (7 degrees), and Mechanical Technologies (11 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are Surgeons, Physicians, Chief executives & legislators, Skincare specialists, and Photographic process workers & processing machine operators

The most specialized majors at New Mexico Junior College are Liberal Arts & Humanities (236 degrees awarded), Protective Services (46 degrees), Personal & Culinary Services (44 degrees), Precision Production (7 degrees), and Mechanical Technologies (11 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at New Mexico Junior College are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,533,342 people), Elementary & secondary schools (378,821 people), Justice, public order, & safety activities (344,318 people), Outpatient care centers (259,577 people), and Offices of physicians (212,737 people).

The most specialized majors at New Mexico Junior College are Liberal Arts & Humanities (236 degrees awarded), Protective Services (46 degrees), Personal & Culinary Services (44 degrees), Precision Production (7 degrees), and Mechanical Technologies (11 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by New Mexico Junior College.
Most Common (2022)
  1. 236 degrees awarded
  2. 32 degrees awarded
  3. 11 degrees awarded

In 2022, the most common associates degree concentration at New Mexico Junior College was General Studies with 236 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from associates degree programs at New Mexico Junior College according to their major.

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Sex Breakdown for Common Majors

166
Degrees Awarded to Men
in 2022
236
Degrees Awarded to Women
in 2022

In 2022, 166 degrees were awarded to men at New Mexico Junior College, which is 0.703 times less than the number of degrees awarded to females (236).

This chart displays the sex disparity between the top 5 majors at New Mexico Junior College by degrees awarded.

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Most Common Male Majors

In 2022, 94 degrees were awarded to men at New Mexico Junior College in General Studies, which is 0.662 times less than the 142 female recipients with that same degree.

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Most Common Female Majors

In 2022, 142 degrees were awarded to men at New Mexico Junior College in General Studies, which is 1.51 times more than the 94 male recipients with that same degree.

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Time to Complete

23%
100% Completion Time
30%
150% Completion Time

In 2022, 23% of students graduating from New Mexico Junior College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 30% completed their degrees within 150% of the normal time, and 36% within 200%.

The following chart shows these completion rates over time compared to the average for the Associates Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at New Mexico Junior College is Male and American Indian or Alaska Native (100% graduation rate). Across all Associates Colleges, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    226 degrees awarded
  2. White
    124 degrees awarded
  3. Black or African American
    25 degrees awarded

The most common race/ethnicity at New Mexico Junior College is hispanic or latino (226 degrees awarded). There were 1.82 times more hispanic or latino recipients than the next closest race/ethnicity group, white (124 degrees).

3.48% of degree recipients (14 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    147 degrees awarded
  2. Hispanic or Latino Male
    79 degrees awarded
  3. White Female
    67 degrees awarded

The most common race/ethnicity and sex grouping at New Mexico Junior College is hispanic or latino female (147 degrees awarded). There were 1.86 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (79 degrees).

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Operations

New Mexico Junior College has an endowment valued at nearly $10.9M, as of the end of the 2022 fiscal year. The return on its endowment was of 222k (2.04%) compared to the 0.843% average return (43.9k on 5.21M) across all Associates Colleges.

In 2022, New Mexico Junior College had a total salary expenditure of 39.8M. New Mexico Junior College employs 64 Professors. Most academics at New Mexico Junior College are Female Professor (34), and Male Professor (30).

The most common positions for non-instructional staff at New Mexico Junior College are: Natural Resources, Construction, and Maintenance, with 40 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 36 employees, and Service with 27 employees.

Endowment

$10.9M
2022 Endowment
4.7%
growth from 2021

New Mexico Junior College has an endowment valued at about $10.9M, as of the end of the 2022 fiscal year. The endowment of New Mexico Junior College grew 4.7% from the previous year. The value of their endowment was $5.7M higher than than the median endowment of Associates Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at New Mexico Junior College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Associates Colleges: High Transfer-High Nontraditional Carnegie Classification grouping.

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Salary Expenditure

$13.5M
2022 Salaries
0.61%
growth from 2021

In 2022, New Mexico Junior College paid a median of $13.5M in salaries, which represents 34% of their overall expenditure ($39.8M) and a 0.61% growth from the previous year.

The median for similar Associates Colleges is 16.8M (40.1% of overall expenditures).

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Instructional Salaries

$3.9M
Instructional Salaries
64
Number of Employees

In 2022, New Mexico Junior College paid a total of $3.9M to 64 employees working as instructors, which represents 28.9% of all salaries paid.

This is compared to a median of $5.35M (31.8%) for similar Associates Colleges.

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Occupations by Share

Professor
Most Common Instructor
64 Employees
Natural Resources, Construction, and Maintenance
Most Common Non-Instructional Employee
40 Employees

In 2022, the most common positions for instructional staff at New Mexico Junior College was Professor with 64 employees.

In 2022, the most common positions for non-instructional staff at New Mexico Junior College were Natural Resources, Construction, and Maintenance with 40 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 36 employees, and Service with 27 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Female Professor
  2. Male Professor

In 2022, the most common demographic for instructional staff at New Mexico Junior College was Female Professor with 34 employees, and Male Professor with 30 employees.

This chart shows the sex split between each academic rank present at New Mexico Junior College.

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