In 2021, Luna Community College's tuition was $1,392 a year for in-state students and $2,664 a year for out-of-state students.
Usually, colleges raise tuition about 3% each year.
If this information makes going to college feel scary, remember, the displayed price of tuition doesn't mean much if you plan to use financial aid to help pay for college. Many students owe much less than the sticker price after grants, scholarships, and tuition discounts kick in. Additionally, student loans can make theprice of collegefeel more doable until after graduation.
Luna Community College is a public, state institution, so it offers a reduced tuition rate of $1,392 for students who qualify as state residents and attend full-time.
Public schools receive funds from the state to help them cover costs. These institutions offer reduced tuition for those who qualify as New Mexico residents.
Choosing a college where you qualify for in-state status can cut the cost of college tuition. Don't forget to check your state's criteria for in-state residency. Every state has its own rules about what makes someone eligible for in-state tuition. The most common requirement is that students must have lived in the state for a full year before starting school. There may be other criteria too, depending on where you live.
Explore other New Mexico colleges
Luna Community College has the same tuition for international students as for those from out of state.
Students from outside of the U.S. are not eligible for loans or grants from the U.S. government, but should research private or Luna Community College-specific aid and scholarships. International students with need may be eligible for the following types of financial support at Luna Community College:
•On-campus jobs •Loans from outsideLuna Community College •Luna Community College-specific scholarships
International students without financial need may be eligible for merit-based institutional scholarships and athletic awards.
Tuition is not the only cost of attending college; room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Luna Community College.
Luna Community College does not provide on-campus housing for students, so there are no charge for dorms, however students should consider other housing costs when looking at the cost of various colleges.
Board costs may vary depending on the numnber of meals you intend to eat on-campus
The cost of books often surprises first-year college students. The actual cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy used textbooks and materials.
The majority of colleges charge some yearly fees to offsets cost associated with maintaining facilties, like the library, gym and computer labs.
There may be optional fees associated with participating in special activities, like Greek Life, or participating in sports or other extracurriculars. Many schools have resources for students with financial need to get help covering these costs.
The cost of transportation in college depends on a few key factors. Will you take a subway, car or an airplane to get to school? Is on-campus parking free, or will you need to budget for parking? Is the campus small enough that you can easily walk from class-to-class?? Do you plan to bring a car or are you planning to use public transportation? All of these factors can make a big difference in your estimated cost of transportation.
Where are a college is located can also have a big effect on your transportation budget. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, transportation in an urban area is sometimes costly, but there may be more buses, trains or low-cost flight options to actually get to school. Luna Community Collegeis in a small town setting in New Mexico.
When you're planning for college, don’t forget to leave some room in your budget for personal expenses, like going out to eat or see shows, furnishing your living space, and things like haircuts, clothes and, yes, even toilet paper and shampoo.
Now, let’s look at the breakdown of all expenses, to get a better estimate of how much students can expect to shell out for Luna Community College.
What will the cost of attending Luna Community College be? Here is a breakdown of tuition and expenses.
2022 Total Tuition and Expenses | |
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In-state Tuition | $1,392 |
Out-of-State Tuition | $2,664 |
The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.
Tuition and fees may vary depending on program, course level, location, and more.
In 2022, 0 of the 1,789 undergrads enrolled received financial aid.
Most Common Loans for Luna Community College Students | |
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Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.
The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Luna Community College financial aid, keep reading, or visit their financial aid website.
Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.
The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.
Now that we have a sense of the total estimated costs for Luna Community College students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.
When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.
By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Luna Community College seem more manageable.
What will attending Luna Community College really cost you? The answer depends on several factors.
As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families make more informed decisions about the actual cost of attending that school, based on their financial situation. You can find the Luna Community College's net cost calculator on their website.
Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.
Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.
Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some colleges offer tuition waivers for employees and their family members, underrepresented students, or military students. Even with a tuition waiver, other expenses and fees are the responsibility of the student.
Check the financial aid website for more information on payment plans and tuition waivers.
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Tuition & Fees
$1,370
In State$2,570
Out-of-StateStudents Who Receive Need-Based Aid
Data Source: IPEDs and Peterson's Databases © 2022 Peterson's LLC All rights reserved
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