New Mexico Institute of Mining and Technology
Public four-year university in Socorro, NM that costs an average of $20,862 a year after financial aid, admits 44% of applicants and graduates 55% of full-time students.
Net price / year
$20,862
Acceptance rate
44%
Graduation rate
55%
Earnings after 10 yrs
$71,723
PublicTown (remote)995 undergraduates
Cost of New Mexico Institute of Mining and Technology
| Total cost of attendance (per year) | $26,354 |
|---|---|
| Tuition and fees, in-state | $10,112 |
| Tuition and fees, out-of-state | $31,683 |
| Housing and food (on campus) | $10,350 |
| Books and supplies | $1,000 |
| Average net price after aid | $20,862 |
Net price by family income
| Family income | Average net price / year |
|---|---|
| $0–30,000 | $17,145 |
| $30,001–48,000 | $17,614 |
| $48,001–75,000 | $19,161 |
| $75,001–110,000 | $24,081 |
| $110,001+ | $26,354 |
Net price is what students actually pay after grants and scholarships (in-state students). Get your own estimate with New Mexico Institute of Mining and Technology's net price calculator ↗.
Admissions
| Acceptance rate | 44% |
|---|---|
| Average SAT | 1,207 |
| SAT reading (25th–75th percentile) | 550–660 |
| SAT math (25th–75th percentile) | 530–650 |
| ACT composite (25th–75th percentile) | 20–29 |
| Test scores | Required |
Graduation, earnings and debt
| Graduation rate | 55% |
|---|---|
| First-year retention | 77% |
| Median earnings 6 years after enrolling | $63,617 |
| Median earnings 10 years after enrolling | $71,723 |
| Rank in New Mexico (earnings) | 1st of 10 similar colleges |
| Median debt of graduates | $13,892 |
| Typical monthly loan payment | $158 (10-year plan) |
| Students with Pell grants | 33% |
| Students with federal loans | 22% |
Majors and programs at New Mexico Institute of Mining and Technology
Earnings one year after graduation and median debt, by program. Click a program for details and comparisons.
Bachelor's degree programs (24)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Civil Engineering | 19 | $75,027 | — |
| Electrical, Electronics, and Communications Engineering | 41 | $73,192 | — |
| Mechanical Engineering | 115 | $68,152 | $11,297 |
| Computer and Information Sciences | 2 | $60,106 | $20,363 |
| Biology | 40 | — | — |
| Business Administration, Management and Operations | — | — | — |
| Chemical Engineering | 29 | — | — |
| Chemistry | 11 | — | — |
| Computer Engineering | — | — | — |
| Computer Science | 54 | — | — |
| Engineering-Related Fields | 7 | — | — |
| Environmental/Environmental Health Engineering | 6 | — | — |
| Geological and Earth Sciences/Geosciences | 7 | — | — |
| Information Science/Studies | — | — | — |
| Liberal Arts and Sciences, General Studies and Humanities | 7 | — | — |
| Materials Engineering | 17 | — | — |
| Mathematics | 19 | — | — |
| Mining and Mineral Engineering | 8 | — | — |
| Natural Resources Conservation and Research | 2 | — | — |
| Petroleum Engineering | 14 | — | — |
| Physical Sciences | 6 | — | — |
| Physics | 20 | — | — |
| Psychology | 10 | — | — |
| Rhetoric and Composition/Writing Studies | 3 | — | — |
Certificate programs (1)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Engineering-Related Fields | — | — | — |
Associate's degree programs (2)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Business Administration, Management and Operations | — | — | — |
| Liberal Arts and Sciences, General Studies and Humanities | 4 | — | — |
Post-baccalaureate certificate programs (4)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Computer and Information Sciences | — | — | — |
| Education | — | — | — |
| Geological and Earth Sciences/Geosciences | — | — | — |
| Mechanical Engineering | — | — | — |
Master's degree programs (19)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Biology | 10 | — | — |
| Chemical Engineering | 13 | — | — |
| Chemistry | 2 | — | — |
| Civil Engineering | 6 | — | — |
| Computer and Information Sciences | — | — | — |
| Computer Science | 13 | — | — |
| Education | — | — | — |
| Electrical, Electronics, and Communications Engineering | 5 | — | — |
| Engineering-Related Fields | 16 | — | — |
| Environmental/Environmental Health Engineering | — | — | — |
| Geological and Earth Sciences/Geosciences | 18 | — | — |
| Intelligence, Command Control and Information Operations | 7 | — | — |
| Materials Engineering | 6 | — | — |
| Mathematics | 6 | — | — |
| Mechanical Engineering | 36 | — | — |
| Mining and Mineral Engineering | 23 | — | — |
| Petroleum Engineering | 11 | — | — |
| Physics | 1 | — | — |
| Teacher Education and Professional Development, Specific Subject Areas | 16 | — | — |
Doctoral degree programs (12)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Applied Mathematics | 2 | — | — |
| Biotechnology | 1 | — | — |
| Chemistry | 5 | — | — |
| Computer Science | 3 | — | — |
| Electrical, Electronics, and Communications Engineering | 1 | — | — |
| Geobiology | — | — | — |
| Geological and Earth Sciences/Geosciences | 5 | — | — |
| Intelligence, Command Control and Information Operations | 1 | — | — |
| Materials Engineering | 3 | — | — |
| Mechanical Engineering | 5 | — | — |
| Petroleum Engineering | 4 | — | — |
| Physics | 2 | — | — |
Graduate certificate programs (6)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Engineering-Related Fields | 1 | — | — |
| Geological and Earth Sciences/Geosciences | 2 | — | — |
| Intelligence, Command Control and Information Operations | 4 | — | — |
| Mechanical Engineering | — | — | — |
| Rhetoric and Composition/Writing Studies | — | — | — |
| Teacher Education and Professional Development, Specific Levels and Methods | 5 | — | — |
Similar colleges in New Mexico
| College | City | Net price / yr | Acceptance | Earnings |
|---|---|---|---|---|
| New Mexico Highlands University | Las Vegas | $18,315 | — | $48,104 |
| Western New Mexico University | Silver City | $6,328 | — | $41,452 |
| Institute of American Indian and Alaska Native Culture and Arts Development | Santa Fe | $11,199 | 97% | $26,385 |
| Eastern New Mexico University-Main Campus | Portales | $5,238 | 92% | $44,198 |
| New Mexico State University-Main Campus | Las Cruces | $6,313 | 89% | $43,922 |
| University of New Mexico-Main Campus | Albuquerque | $19,966 | 95% | $50,072 |
About New Mexico Institute of Mining and Technology
| Type | Public four-year university |
|---|---|
| Location | Socorro, NM |
| Setting | Town (remote) |
| Undergraduates | 995 |
| Student-to-faculty ratio | 9 to 1 |
| Accreditor | Higher Learning Commission |
| Website | nmt.edu ↗ |
Frequently asked questions
What is New Mexico Institute of Mining and Technology's acceptance rate?
New Mexico Institute of Mining and Technology admits 44% of applicants, making it selective. Admitted students average 1,207 on the SAT.
How much does New Mexico Institute of Mining and Technology cost per year?
The full cost of attendance is $26,354 a year (tuition and fees: $10,112 in-state, $31,683 out-of-state). After grants and scholarships the average student pays $20,862 a year, and students from families earning under $30,000 pay about $17,145.
How much do New Mexico Institute of Mining and Technology graduates earn?
Former students earn a median of $71,723 a year, 10 years after first enrolling — 1st of 10 similar colleges in New Mexico. The best-paid bachelor's program is civil engineering ($75,027 a year after graduation).
What is New Mexico Institute of Mining and Technology's graduation rate?
55% of full-time students graduate within six years, and 77% of first-year students return for a second year.