Cost of Attendance (COA), or Student Budget, is an estimate of your educational expenses for a given period of enrollment, and can be calculated based on the cost of tuition, books, fees, residency, enrollment, and grade level, as well as other components. NMSU uses data from national publications and performs region-specific research to develop the cost of attendance component values. These values, in accordance with federal regulations, are designed to cover the basic cost of your education at NMSU, at an average standard of living, and may not cover additional personal costs. A fall and spring budget will each be calculated for 4.5 months, and a summer budget will be calculated for 3 months.
How do I view my Cost of Attendance?
To view your Cost of Attendance, log in to your my.nmsu.edu account and find your Award Overview under Financial Aid.
Cost of Attendance will be calculated upon the successful submission of the Free Application for Federal Student Aid (FAFSA), and submission and approval of any documentation required by the Financial Aid Office. Documentation may include, but is not limited to:
- Verification Documents (Tax Transcripts, W-2s, Verification Worksheets, etc.)
- Advisor Review (Pell LEU, Aggregate Loan Limit, etc.)
Direct Budget Components
Tuition and Fees will be determined based on the exact cost of the program (Undergraduate/Graduate) in which you are enrolled, and the credit hours you are taking in a single semester. The enrollment hours default to 12 hours for an undergraduate student and 6 hours for a graduate student until you are officially enrolled.
Room and Board will be determined according to information received from your FAFSA and your home campus. Room and board rates are based on a survey of apartments, dorms, meal plans and food expenses located in the vicinity of your home campus. Students may be ineligible for the Room component of Student Budget if you receive a military housing stipend or are independent and live at home. You will be ineligible for both a Room and Board component if you are enrolled less than half-time (6 hours for undergraduates and 5 hours for graduates) or if you are currently incarcerated.
Books and Supplies will be calculated for all students using national averages obtained from The College Board and/or the Internal Revenue Service (IRS).
Personal Expenses will be calculated for all students using national averages obtained from The College Board and/or the IRS. Personal expenses include costs for clothing, toiletries, recreational and other miscellaneous expenses. You will be ineligible for a Personal Expenses component if you are enrolled less than half-time (6 hours for undergraduates and 5 hours for graduates).
Transportation will be calculated for all students using national averages obtained from The College Board and/or the IRS. Transportation costs are based on a student living locally and commuting to class five days a week.
Please keep in mind that your budget will change to reflect any updates you may make to your student record and/or FAFSA.