New Mexico Military Institute

What the IPEDS & College Scorecard Data Shows for New Mexico Military Institute

New Mexico Military Institute operates as a public institution located in Roswell, New Mexico (town: remote), with a total reported enrollment of 331 students of which 528 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. New Mexico Military Institute is categorized as “2” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 52.6%, drawn from the most recent IPEDS Fall enrollment survey. The average net price after grants and scholarships is $4,571, with published in-state tuition of $7,190 and a Pell grant recipient share of 24.4%. Median federal student debt at graduation is $5,500, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. Four-year completion rate data is unavailable, rising to 41.1% at six years. Graduates earn a median of $57,410 ten years after enrolling, compared with $43,034 six years post-enrollment. Within three years of entering repayment, 12000.0% of borrowers are making progress on their federal loans, and 63.6% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.