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New Mexico Institute of Mining and Technology

Socorro, NM

Tuition

$9,476

Acceptance

44%

Students

1,608

Type

University

Setting

Rural

Distance from home

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Cost & Financial Aid

In-State Tuition

$9,476

Out-of-State Tuition

$27,247

Avg On-Campus Living

$10,350

Avg Off-Campus Living

$10,350

Financial Aid & Outcomes

CollegeScorecard · 2024

What will it actually cost?

Sticker price$19,826
Net price (after aid)$9,873

Most students pay the net price after financial aid, not the sticker price.

Net price by family income

$0 – $30k$5,136
$30k – $48k$5,067
$48k – $75k$10,106
$75k – $110k$14,753
$110k+$13,464

After graduation

Median earnings (10yr)$76,489
Median debt at graduation$19,085
Est. monthly loan payment$202

Earnings-to-debt ratio

Strong · 4.0×

Graduates earn about 4.0× their median debt every year.

Financial access

Students on Pell Grants30%

Pell Grants are federal aid for students from low-income families.

Students with federal loans31%

Share of students who borrowed to pay for school.

Some fields may not be reported by this institution. Verify final details with the school directly.

How does cost line up with outcomes across colleges? See our analysis of college cost vs. graduation and earnings, an association shaped by selectivity and sector, not proof a pricier college pays off.

Student Outcomes

Graduation Rate

57%

Freshman Retention

77%

Source: CollegeScorecard (2024)

Final aid offers, scholarships, and net price vary per family. Always verify with the school's financial aid office.

Scholarships available

Decision support · Cost & value

Quick Decision Highlights

The strongest cost, aid, and value reasons to consider this school.

Cost advantage

Affordable public option

In-state tuition in the lower range for public universities.

This school$9.5k
Public 4-yr avg$11k
Source: CollegeScorecard 2024

Lower net price

$9.9k below avg

Strong aid for lower incomes

Reported net price for the $0–30k band runs below average.

Strong post-grad earnings

$76.5k above avg

Affordability snapshot

In-state tuition

$9.5k

below avg

Out-of-state

$27.2k

Net price

$9.9k

below avg

Pell

30%

Median debt

$19.1k

below avg

Earnings (10y)

$76.5k

above avg

“Avg” comparisons reference national IPEDS / College Scorecard averages (~2022–23); figures are directional and vary by school and year.

Admissions

Acceptance rate

44%

SAT range

1040 - 1290

ACT range

20 - 28

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Location

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UniversitiesCommunity Colleges1 school

Institution does not report this

Socorro, NM 87801

Academics

Studying online: a substantial share study entirely online

In Fall 2023, 114 of New Mexico Institute of Mining and Technology's 1,713 students (7%) were enrolled entirely at a distance. A further 195 (11%) took at least one distance course alongside in-person study.

Distance-education figures count STUDENTS enrolled in Fall 2023, not programs on offer. "Exclusively at a distance" means a student took only distance courses that term. A college with few or no such students may still run online courses or an online degree, so a low figure is not evidence that online study is unavailable, and a high one is not a judgement of quality either way.

U.S. Department of Education, IPEDS Fall Enrollment (distance education status), Fall 2023

Fields of study

New Mexico Institute of Mining and Technology reported conferring credentials in 24 different fields to the federal government. See which ones, and at what credential level.

Campus & Student Life

Area Safety Rating

Similar schools

Frequently asked questions

About New Mexico Institute of Mining and Technology

Built from CampusPin profile data. Always verify final admissions, cost, financial aid, and program details with the institution before applying. See our data methodology and data dictionary.

Where is New Mexico Institute of Mining and Technology located?
New Mexico Institute of Mining and Technology is located in Socorro, NM, in the United States.
What type of institution is New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology is a public university based in NM. CampusPin classifies institutions as either four-year universities or two-year community colleges, with control labeled public or private.
What is the acceptance rate at New Mexico Institute of Mining and Technology?
The most recently reported acceptance rate at New Mexico Institute of Mining and Technology is approximately 44%. Acceptance rate signals selectivity but does not predict any individual applicant's outcome and is not a measure of school quality. CampusPin reports the federally-published value; verify the current cycle with the institution.
What is the tuition at New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology's published in-state tuition is approximately $9,476 per year. This is the published price before financial aid; the net price most students actually pay is typically lower. Verify the current academic-year tuition with the institution before applying.
How many students attend New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology reports total enrollment of approximately 1,608 students (undergraduate plus graduate). Total enrollment is a useful sizing signal, see the institutional profile for additional breakdowns when available.
How much does New Mexico Institute of Mining and Technology actually cost after financial aid?
The average net price at New Mexico Institute of Mining and Technology is approximately $9,873 per year. Net price is the total cost of attendance minus grants and scholarships that never have to be repaid, so it is what students actually paid rather than the published sticker price. What families pay varies with income: students from families earning under $30,000 paid about $5,136 on average, and those from families earning $110,000 or more about $13,464. These are averages for students who received federal aid in a prior cohort, not a quote for any individual family. Run the institution's own Net Price Calculator for a figure specific to you.
What is the graduation rate at New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology reports a graduation rate of approximately 57%. This measures the share of a prior entering cohort who completed their degree within the federal tracking window. It reflects who enrolls as much as what the institution does, so it is not on its own a measure of teaching quality, and it is not comparable across institutions serving very different students.
How much student debt do graduates of New Mexico Institute of Mining and Technology have?
Students who borrowed at New Mexico Institute of Mining and Technology left with a median of approximately $19,085 in federal loans, and about 31% of students took federal loans at all. Both numbers matter: a median describes only the students who borrowed, so it reads very differently at a school where most students borrow than at one where few do. Federal loans only, so private and parent borrowing are not included.
How much do graduates of New Mexico Institute of Mining and Technology earn?
Median earnings approximately ten years after entry are $76,489 for students who received federal financial aid at New Mexico Institute of Mining and Technology. This reflects the mix of programs the institution offers and the students who enroll, not the effect of attending, and it covers aid recipients rather than all graduates.
How should I verify final details about New Mexico Institute of Mining and Technology?
CampusPin compiles institutional data from public datasets like IPEDS and the College Scorecard, plus institutional websites and editorial review. Before applying, paying a deposit, or making a final decision, confirm admissions requirements, current tuition, financial aid, deadlines, and program details directly with New Mexico Institute of Mining and Technology.

Fields this college awarded credentials in

The 14 largest of 24 fields New Mexico Institute of Mining and Technology reported, by credentials conferred in 2023-24, using the federal classification of each field. The level is the highest credential actually awarded, which is not always the one a field is best known for.

Fields New Mexico Institute of Mining and Technology reported conferring credentials in during 2023-24, with the number awarded and the highest credential level.
FieldAwardedLevel
Mechanical Engineering81Graduate16 graduate · 65 bachelor's
Computer Science29Graduate7 graduate · 22 bachelor's
Electrical, Electronics, and Communications Engineering25Graduate2 graduate · 23 bachelor's
Biology, General21Graduate4 graduate · 17 bachelor's
Mining and Mineral Engineering17Graduate13 graduate · 4 bachelor's
Chemical Engineering16Graduate7 graduate · 9 bachelor's
Geological and Earth Sciences/Geosciences16Graduate11 graduate · 5 bachelor's
Mathematics14Graduate4 graduate · 10 bachelor's
Physics14Graduate3 graduate · 11 bachelor's
Petroleum Engineering13Graduate10 graduate · 3 bachelor's
Civil Engineering12Graduate4 graduate · 8 bachelor's
Materials Engineering12Graduate7 graduate · 5 bachelor's
Engineering-Related Fields9Graduate6 graduate · 3 bachelor's
Teacher Education and Professional Development, Specific Subject Areas9Graduate

Fields are as classified in the federal IPEDS completions collection, which records credentials already conferred. A field listed here was awarded in the reporting year; it does not confirm the program is currently admitting students, and a field CampusPin has no guide for is still shown under its official federal title. Confirm current offerings with the institution.

Data sources & methodology

Reporting period: 2024Last verified: June 10, 2026

Facts on this profile of New Mexico Institute of Mining and Technology are compiled from federal datasets and the institution's own published information.

Sources used across this page

Not every source informs every figure. Each data point draws on the source appropriate to it see the relevant section and the data dictionary for field-level provenance.

Where a value is unavailable it is shown as unavailable, never as 0, free, or a negative judgment. Always confirm final details with the institution before applying.

Suggested citation

CampusPin. (2024). New Mexico Institute of Mining and Technology, college profile. Retrieved from https://campuspin.com/schools/new-mexico-institute-of-mining-and-technology

About this information

CampusPin compiles college information from recent publicly available data, including federal and institutional sources. College information can change as institutions and public agencies release new data.

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