New Mexico Institute of Mining and Technology
About New Mexico Institute of Mining and Technology
Overview, location, and what makes it stand out
New Mexico Institute of Mining and Technology is a public university in Socorro, NM. It has a 74.4% acceptance rate with in-state tuition of $9,058 per year, serving approximately 1,160 students.
Founded
1889
Location
Socorro, New Mexico
Students
1,551
Institution
Public
Known For
Key Stats
A quick snapshot of what matters most
Acceptance Rate
44.5%
Selective
Graduation Rate
57.1%
Below national average
In-State Tuition
$9,476
Out-of-state: $27,247
Avg Net Price
$9,873
After financial aid
SAT Average
1207
Out of 1600
Median Earnings
$76,489
10 years after enrollment
Admissions
How competitive is getting in?
Selectivity
Very Selective
44.5 out of 100 applicants get in
How to Apply
Test Policy
Test Required
Application Fee
$15
Early
N/A
Deadline
Rolling
New Mexico Institute of Mining and Technology accepts 44.5% of applicants, with admitted students averaging around 1207 on the SAT. If you're near or above that range, you have a strong chance.
SAT Scores
1207/ 1600
ACT Scores
26/ 36
Academics
How strong is the academic experience?
Student Success
Average
57.1% complete their degree within six years
Retention
77%
4-Year Grad
31%
6-Year Grad
55%
Teaching Quality
9:1
Student-Faculty Ratio
Full-Time
82.7%
$/Student
$13.3K
Class Size
Small
The 31% graduation rate is below average, but 77% of freshmen return for year two. Students are staying, even if completion takes longer than four years.
Tuition & Costs
What will you actually pay?
Tuition & Fees
$9,476
In-State
$27,247
Out-of-State
Tuition and mandatory fees only, does not include housing or meals
Room & Board
$10,350
Books & Supplies
$800
Total Cost of Attendance
$24,967
After Financial Aid
$9,873
Average Net Price
Average amount students actually pay after grants and scholarships
Net Price (family income <$30K)
$5,136
Receive Grants
29.5%
Take Loans
31.2%
The full cost of attendance is about $24,967/yr for in-state students, including $10,350 for room and board. After aid, most pay around $9,873. Out-of-state tuition jumps to $27,247.
Financial Aid
Who gets aid and what happens after
Financial aid comes in two forms: grants and scholarships (free money you don't repay) and loans (borrowed money you pay back after graduating). Here's how students at New Mexico Institute of Mining and Technology fund their education.
While in School
29.5%
Get Grants
Free money
31.2%
Take Loans
Must repay
$39,182
Median Family Income
After Graduation
$19,085
Median Debt at Graduation
Total federal loan balance when students graduate
$202/mo
Monthly Payment
0%
LowDefault Rate
Only 31.2% of students take out federal loans, and those who do graduate with a median of $19,085. Many students here manage to minimize borrowing.
Student Body
Diversity, gender, and enrollment
From gender balance and racial diversity to age and background, here's a look at who attends New Mexico Institute of Mining and Technology.
Gender
28.3%
Female
72%
Male
Female to Male Ratio
Race & Ethnicity
Enrollment
995
Undergraduate Students
Student Profile
556
Graduates
26.3%
First-Gen
21 yrs
Avg Age
12.6%
Age 25+
Men make up the majority at 72% of the student body. 26.3% are first-generation college students, so there's a strong community of students who understand that experience.
Campus Life
What it's like to be a student here
Campus Setting
Town: Remote
Campus Quick Facts
995
Students
public
Institution
Small
Campus Size
Master's
Classification
What This College Offers
Semester calendar
Study Abroad
Yes
AP Credit
No
Teacher Cert
Yes
ROTC
No
Evening College
No
Online Programs
Yes
Job Placement
Yes
Career Counseling
Yes
After Graduation
What can you earn with this degree?
How much do graduates of New Mexico Institute of Mining and Technologyearn, and what do they study? Here's a look at outcomes and popular programs.
Earnings Trajectory
$76,489
Median Earnings · 10 Years After
Popular Programs
Top 6Mechanical Engineering
$57K
50 grads
1yr Earnings
Computer Science
—
32 grads
Biology, General
$48K
23 grads
4yr Earnings
Chemical Engineering
$57K
20 grads
1yr Earnings
Electrical, Electronics, and Communications Engineering
$73K
18 grads
1yr Earnings
Materials Engineering
—
12 grads
Earnings grow steadily here: $55K at six years, $60K at eight, and $76K by ten. Well above average at every stage.
Frequently Asked Questions
Common questions about New Mexico Institute of Mining and Technology
What is the acceptance rate at New Mexico Institute of Mining and Technology?▾
How much does New Mexico Institute of Mining and Technology cost?▾
What is the graduation rate at New Mexico Institute of Mining and Technology?▾
How much do New Mexico Institute of Mining and Technology graduates earn?▾
Data sourced from the U.S. Department of Education College Scorecard Some figures may reflect prior academic years. Our editorial team reviews and updates college profiles to ensure accuracy. If you notice outdated information, please let us know.