Financial Charges & Payment Policy

New Cadet Costs

Returning Cadet Costs

Cadet Financial Advisors

Infirmary & Health Care Information

Accident & Sickness Insurance (External Link)

Office Staff & Hours

Internal Forms (Employees Only)

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New Cadet Financial Costs

2010-2011

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 FALL SEMESTER
SPRING SEMESTER
RESIDENT NON-RESIDENT RESIDENT

NON-RESIDENT

$

$ $ $
TUITION 726.00 2,607.50 726.00 2,607.50
MATRIC. FEE 5.00 5.00 -0-  -0- 
FIXED FEES 867.50 867.50 851.50 851.50
ROOM 695.00 695.00 695.00 695.00
BOARD 1,220.00 1,220.00 1,220.00 1,220.00
ACCIDENT INSURANCE 227.00 227.00 -0-  -0- 

CADET ACCOUNT*

1,900.00* 1,900.00*
TOTAL  $5,640.50 $7,522.00 $3,492.50 $5,374.00

*ADDITIONAL FUNDS WILL BE NECESSARY FOR PERSONAL EXPENSES.  AMOUNT NEEDED VARIES DEPENDING ON CADET'S SPENDING HABITS.  COLLEGE CADETS WILL REQUIRE ADDITIONAL FUNDS FOR TEXTBOOKS.

 


Deferred Payment Plan

New Mexico Military Institute offers a deferred payment plan requiring an initial deposit of $2,400.00 ($1,900.00 toward uniforms/supplies and $500.00 toward tuition and fees) and three additional payments in the Fall Semester and three payments in the Spring Semester:

 

 (f)FALL SEMESTER
(s)SPRING SEMESTER

RESIDENT

NON-RESIDENT

RESIDENT

NON-RESIDENT

$ $ $ $
DEFERRED PAYMENT CHARGE 15.00 25.00 15.00 25.00
DUE MATRICULATION DAY          2,400.00 2,400.00 -0- -0-
DUE
(f)15 SEP 10    
(s)15 JAN 11
1,085.17 1,715.67 1,169.17 1,799.67
DUE 
(f)15 OCT 10 
(s)15 FEB 11
1,085.17 1,715.67 1,169.17 1,799.67
DUE 
(f)15 NOV 10
(s)15 MAR 11
1,085.16 1,715.66 1,169.16 1,799.66
TOTAL  $5,655.50 $7,547.00 $3,507.50 $5,399.00

Deferred payment charge is included in payment amounts.