Santa Fe University of Art and Design
4 Year Degrees
Main Campus
Southwest Region
http://www.santafeuniversity.edu
Average Annual Tuition at Santa Fe University of Art and Design
The latest data we have for Santa Fe University of Art and Design's annual average net costs are from 2017. These costs and and the average New Mexico schools include tuition, fees, living expenses, books, and fees minus the average grants and scholarships for federal financial aid recipients.
| In-state Tuition | Out-of-state Tuition | Median Debt | Avgerate Net Cost | |
|---|---|---|---|---|
| Santa Fe University of Art and Design | $32,346 | $32,346 | $26,000 | $28,761 |
| NM Average | $24,273 | $24,273 | $23,834 | $22,261 |
As you can see, annual costs at Santa Fe University of Art and Design have risen over the last few years, and are projected to continue to skyrocket based on our analysis.
Actual Costs Projected Costs
Colleges and universities across the United States experienced cost (tuition + living) increases of 2.5% in 2019. This most recent inflation figure was down slightly from the 2.9 percent in 2018 and 3.4 percent in 2017, but still underscores the rising costs of sending your children to higher education.
These rising costs are hitting closer to home in New Mexico as well. New Mexico's' higher education costs rose by 38.7% in just the last 10 years, ranking as the 23rd highest state.
Santa Fe University of Art and Design Financial Assistance
74% of students enrolled at Santa Fe University of Art and Design receive some form of Federal loan assistance. You can view Santa Fe University of Art and Design's student aid calculator here.
Use a 529 Plan to Offset Rising Education Costs
One of the most sound investments you can make to help pay for your child's higher education is by using a 529 plan. These funds grow in a tax-free environment, and generally have a 3-5% rate of return. The only catch is that all funds need to be used for higher education, and if not... there are monetary penalties imposed when withdrawn for other uses.
Ascensus College Savings manages New Mexico’s direct-sold and advisor-sold 529 college savings programs. Both 529 plans use funds from several fund families. New Mexico’s prepaid tuition plan was terminated in 2004.
| State Plan Name: | The Education Plan |
|---|---|
| Minimum Contribution: | $25 |
| Maximum Contribution: | up to $500,000 per beneficiary across accounts |
| Fees: | 0.15% to 0.51% asset management fee, depending on plan |
New Mexico School Statistics
We've analyzed all other higher education schools in NM, and wrapped it up nicely into a report for you. View our NM analysis report.
There are 10 other accredited private schools located in the state of New Mexico. You can view all NM schools here.