16 week sample

Date
Central
New
Community
College (CNM)
University
of Mexico
the United
States (UUS)
Full-Time/Full-Year, Off Campus, EFC = 0
Costs in the 2014-15 year
Graduation Rate
$ XX,XXX
17,848 / yr
Estimated Cost of Attendance for full-time enrollment
Tuition and fees ............................................................................................... $ XX,XXX
576
12,323
X,XXX
Books and supplies .........................................................................................
1,200
X,XXX
Transportation ..................................................................................................
1,809
X,XXX
LY
Housing and meals ........................................................................................
Other educational costs .................................................................................
Percentage of full-time
Percentage of full-time
students who graduated
students who graduate
within 150% of the
within 6 years
expected
time for
completion
10.4%
LOW
MEDIUM
ON
Grants and scholarships to pay for college
Loan Default Rate
Total Grants and Scholarships (“Gift” Aid; no repayment needed)
Federal Pell Grant ...........................................................................................
X,XXX
5,730
Grants from your state ...................................................................................
X,XXX
600
Other scholarships you can use ....................................................................
X,XXX0
PLE
X,XXX0
Net Costs
SAM
24.1%
14.7%
This institution
$ XX,XXX
11,518/ yr
(Cost of attendance minus total grants and scholarships)
Work-Study (Federal, state, or institutional) .................................................... $
National
Median Borrowing
Students at CNM typically
borrow $6,667 in Federal
loans for their
undergraduate study. The
Federal loan payment over
10 years for this amount is approximately
$76.72 per month. Your borrowing may
be different.
Options to pay net costs
Work options
Percentage of borrowers
entering repayment and
defaulting on their loan
$ XX,XXX
6,330 / yr
Grants from your school ................................................................................. $
What will you pay for college
HIGH
1,940
X,XXX
X,XXX0 / yr
Loan options*
Repaying your loans
Federal Perkins Loans ........................................................................................ $
X,XXX0 / yr
Federal Direct Subsidized Loan .........................................................................
X,XXX0 / yr
Federal Direct Unsubsidized Loan ...................................................................
X,XXX0 / yr
To learn about loan repayment choices
and work out your Federal Loan monthly
payment, go to: http://studentaid.ed.gov/
repay-loans/understand/plans
*Recommended amounts shown here. You may be eligible for a different amount. Contact your financial aid office.
For more information and next steps:
Other options
Central New Mexico Community College
Family Contribution
(As calculated by the institution using information reported on the FAFSA or to your institution.)
$ XX,XXX
0 / yr
(CNM)
525 Buena Vista SE
Albuquerque, NM 87106
• Payment plan offered by the institution
• Military and/or National Service benefits
Telephone: 224-3000
• Parent PLUS Loan
• Non-Federal private education loan
E-mail: www.cnm.edu