New Mexico Junior College

www.nmjc.edu

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2023 Undergraduate Tuition

$960

2023 Average Net Price

$5,924

After Financial Aid

2020 Default Rate

on Student Loans

2023 Enrolled Students

2,118

47.5% Full-Time

2023 Graduation Rate

24.1%

78 Graduates

About

New Mexico Junior College is a higher education institution located in Lea County, NM. In 2023, the most popular Associates Degree concentrations at New Mexico Junior College were General Studies (198 degrees awarded), Registered Nursing (14 degrees), and Automobile Mechanics Technology (14 degrees).

In 2023, 381 degrees were awarded across all undergraduate and graduate programs at New Mexico Junior College. 57.2% of these degrees were awarded to women, and 42.8% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (200 degrees), 1.63 times more than then the next closest race/ethnicity group, white (123 degrees).

The median undergraduate tuition at New Mexico Junior College is $960, which is $−7,293 less than the national average for Associates Colleges ($8,253).

In 2020 the default rate for borrower's at New Mexico Junior College was 0%, corresponding to 0 out of the 99 total borrowers.

Associates Colleges: High Transfer-High Nontraditional Associates Colleges

Costs

In 2023, the median undergraduate tuition at New Mexico Junior College is $960, which is $7,293 less than the national average for Associates Colleges ($8,253).

After taking grants and loans into account, the average net price for students is $5,924.

In 2023, 47% 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

2023 Undergraduate Tuition

In 2023, the cost of tuition at New Mexico Junior College was $960. The cost of tuition at New Mexico Junior College is $−7,293 less than than the overall (public and private) national average for Associates Colleges ($8,253).

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

Average Net Price

$5,924

2023 Value

0.671%

1 Year Growth

In 2023 New Mexico Junior College had an average net price — the price paid after factoring in grants and loans — of $5,924. Between 2022 and 2023, the average net price of New Mexico Junior College grew by 0.671%.

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.

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 2023. The cost of room and board did not change between 2022 and 2023.

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.

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

Financial Aid by Income Level

47%

Undergraduates Receiving Financial Aid through Grants

Undergraduates Receiving Financial Aid through Loans

47% of undergraduate students at New Mexico Junior College received financial aid through grants or loans in 2023. This represents a growth of 9.3% with respect to 2022, when 43% 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at New Mexico Junior College was 0%, which represents 0 out of the 99 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.

Enrollment

New Mexico Junior College had a total enrollment of 2,118 students in 2023. The full-time enrollment at New Mexico Junior College is 1,006 students and the part-time enrollment is 1,112. This means that 47.5% 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 58.7% Hispanic or Latino, 27.8% White, 6.75% Black or African American, 1.42% Asian, 0.803% American Indian or Alaska Native, 0.331% Two or More Races, and 0.142% 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 (34.4%), followed by Hispanic or Latino Male (19.3%) and White Female (15.7%).

Full-Time vs Part-Time Enrollment

47.5%

Full-Time Enrollment

The total enrollment at New Mexico Junior College in 2023, both undergraduate and graduate, is 2,118 students. The full-time enrollment at New Mexico Junior College is 1,006 and the part-time enrollment is 1,112. This means that 47.5% of students enrolled at New Mexico Junior College are enrolled full-time compared with 32.3% 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.

Retention Rate over Time

43%

2023 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 43%. Compared with the full-time retention rate at similar Associates Colleges (64%), 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

Hispanic or Latino
1,243 enrolled students
White
588 enrolled students
Black or African American
143 enrolled students

The enrolled student population at New Mexico Junior College is 58.7% Hispanic or Latino, 27.8% White, 6.75% Black or African American, 1.42% Asian, 0.803% American Indian or Alaska Native, 0.331% Two or More Races, and 0.142% 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 41.7% White, 28.7% Hispanic or Latino, and 12.6% 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, 82 students (3.87%) did not report their race.

Graduates

In 2023, 55 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 (200 degrees awarded). There were 1.63 times more hispanic or latino recipients than the next closest race/ethnicity group, white (123 degrees).

The most common Associates Degree concentration at New Mexico Junior College is General Studies (198 degrees awarded), followed by Registered Nursing (14 degrees) and Automobile Mechanics Technology (14 degrees).

In 2023, 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 Protective Services (58 degrees awarded), Personal & Culinary Services (62 degrees), and Liberal Arts & Humanities (198 degrees).

Common Jobs by Major

Police officers

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 Police officers (137,140 people), Other managers (97,279 people), Elementary & middle school teachers (86,588 people), Lawyers, & judges, magistrates, & other judicial workers (43,734 people), and Secondary school teachers (34,401 people).

The most specialized majors at New Mexico Junior College in 2023 are Protective Services (58 degrees awarded), Personal & Culinary Services (62 degrees), Liberal Arts & Humanities (198 degrees), Mechanical Technologies (14 degrees), and Precision Production (7 degrees) (as of 2023).

Highest Paying Jobs by Major

Surgeons

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 Protective Services (58 degrees awarded), Personal & Culinary Services (62 degrees), Liberal Arts & Humanities (198 degrees), Mechanical Technologies (14 degrees), and Precision Production (7 degrees) (as of 2023).

Common Industries by Major

General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals

Most Common Industry

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).

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 (2023)

General Studies
198 degrees awarded
Registered Nursing
14 degrees awarded
Automobile Mechanics Technology
14 degrees awarded

In 2023, the most common associates degree concentration at New Mexico Junior College was General Studies with 198 degrees awarded.

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

Sex Breakdown for Common Majors

163

Degrees Awarded to Men

in 2023

218

Degrees Awarded to Women

in 2023

In 2023, 163 degrees were awarded to men at New Mexico Junior College, which is 0.748 times less than the number of degrees awarded to females (218).

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

Most Common Male Majors

In 2023, 69 degrees were awarded to men at New Mexico Junior College in General Studies, which is 0.535 times less than the 129 female recipients with that same degree.

Most Common Female Majors

In 2023, 129 degrees were awarded to men at New Mexico Junior College in General Studies, which is 1.87 times more than the 69 male recipients with that same degree.

Time to Complete

34%

100% Completion Time

49%

150% Completion Time

In 2023, 34% 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, 49% completed their degrees within 150% of the normal time, and 59% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at New Mexico Junior College is Female and Asian (100% graduation rate). Across all Associates Colleges, Non-resident Alien Male students have the highest graduation rate (65.7%).

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.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

Hispanic or Latino
200 degrees awarded
White
123 degrees awarded
Black or African American
32 degrees awarded

The most common race/ethnicity at New Mexico Junior College is hispanic or latino (200 degrees awarded). There were 1.63 times more hispanic or latino recipients than the next closest race/ethnicity group, white (123 degrees).

3.94% of degree recipients (15 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

Hispanic or Latino Female
120 degrees awarded
Hispanic or Latino Male
80 degrees awarded
White Male
63 degrees awarded

The most common race/ethnicity and sex grouping at New Mexico Junior College is hispanic or latino female (120 degrees awarded). There were 1.5 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (80 degrees).

Operations

New Mexico Junior College has an endowment valued at nearly $11.1M, as of the end of the 2023 fiscal year. The return on its endowment was of 6.08M (54.6%) compared to the 7.3% average return (423k on 5.8M) across all Associates Colleges.

In 2023, New Mexico Junior College had a total salary expenditure of 44.5M. New Mexico Junior College employs 74 Professors. Most academics at New Mexico Junior College are Female Professor (38), and Male Professor (36).

The most common positions for non-instructional staff at New Mexico Junior College are: Service, with 50 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 40 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees.

Endowment

$11.1M

2023 Endowment

2.09%

growth from 2022

New Mexico Junior College has an endowment valued at about $11.1M, as of the end of the 2023 fiscal year. The endowment of New Mexico Junior College grew 2.09% from the previous year. The value of their endowment was $5.34M 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.

Salary Expenditure

$15.8M

2023 Salaries

17.2%

growth from 2022

In 2023, New Mexico Junior College paid a median of $15.8M in salaries, which represents 35.6% of their overall expenditure ($44.5M) and a 17.2% growth from the previous year. This is compared to a 0.61% growth between 2021 and 2022, and a 5.21% decline between 2020 and 2021.

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

Instructional Salaries

$7.08M

Instructional Salaries

Number of Employees

In 2023, New Mexico Junior College paid a total of $7.08M to 74 employees working as instructors, which represents 44.7% of all salaries paid.

This is compared to a median of $731k (4.21%) for similar Associates Colleges.

Occupations by Share

Professor

Most Common Instructor

74 Employees

Service

Most Common Non-Instructional Employee

50 Employees

In 2023, the most common positions for instructional staff at New Mexico Junior College was Professor with 74 employees.

In 2023, the most common positions for non-instructional staff at New Mexico Junior College were Service with 50 employees, Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 40 employees, and Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 25 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Female Professor
Male Professor

In 2023, the most common demographic for instructional staff at New Mexico Junior College was Female Professor with 38 employees, and Male Professor with 36 employees.

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

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