New Mexico Institute of Mining and Technology
The New Mexico Institute of Mining and Technology, formerly New Mexico School of Mines, is a public university in Socorro, New Mexico, United States.
At a glance
- Acceptance rate: 44%
- Average net price: $11,551
- Undergraduate enrollment: 1,477
- Graduation rate (150%): 57%
- Graduation rate (200%): 58%
- 8-year Outcome Measures award rate: 63%
- Student to faculty ratio: 9:1
- Median earnings (10 years): $76,489
- Median earnings (8 years): $60,432
- Median earnings (6 years): $54,530
- Control: Public
- Locale: Town, remote
- Calendar: Semester
- City: Socorro, NM
Majors and programs
The most common programs at New Mexico Institute of Mining and Technology include Mechanical Engineering, Electrical Engineering, Computer Science.
- Mechanical Engineering (65 bachelor's) · median earnings $98,213 4 years after graduation · median debt $19,500
- Electrical Engineering (23 bachelor's) · median earnings $117,813 4 years after graduation · median debt $15,981
- Computer Science (22 bachelor's) · median earnings $95,750 4 years after graduation · median debt $16,918
- Physics (11 bachelor's)
- Biology (10 bachelor's) · median earnings $48,211 4 years after graduation
- Mathematics (10 bachelor's)
- Chemical Engineering (9 bachelor's) · median earnings $85,900 4 years after graduation · median debt $15,000
- Civil Engineering (8 bachelor's) · median earnings $98,213 4 years after graduation · median debt $19,500
- Biomedical Sciences (7 bachelor's) · median earnings $48,211 4 years after graduation
- Materials Engineering (5 bachelor's) · median earnings $98,213 4 years after graduation · median debt $19,500
Degree mix: Engineering 77%, Computer Science 13%, Biological Sciences 9%, Psychology 1%.
Award levels offered: Certificates, Associate, Bachelor's, Master's, Doctoral.
Cost
New Mexico Institute of Mining and Technology students from families earning $0 to $30,000 pay about $5,136 a year after aid.
- Net price, $0 to $30,000: $5,136
- Net price, $30,001 to $48,000: $7,640
- Net price, $48,001 to $75,000: $10,106
- Net price, $75,001 to $110,000: $14,753
- Net price, $110,001 and above: $13,464
- In-state tuition and fees: $9,476
- Out-of-state tuition and fees: $27,247
- Books and supplies: $800
- On-campus room and board: $10,350
- Off-campus room and board: $10,350
- Off-campus with family: $5,728
- Typical cost of attendance: $24,967
- Sticker vs net gap: 54%
- Students receiving any aid: 100%
- Pell Grant recipients: 29%
- Federal loan recipients: 31%
- Average institutional grant: $4,305
- Average federal loan: $5,502
- Median debt at graduation: $19,085
Admissions
New Mexico Institute of Mining and Technology admits 44% of applicants. Of students admitted, 27% enrolled.
- Applications: 1,544
- Admitted: 687
- Enrolled: 186
- Yield (first-choice signal): 27%
Who actually goes here
- Undergraduates: 1,477
- Women: 35%
- Commuter share (estimated): 45%
- Part-time undergraduates: 5%
- Age 25 and older: 13%
- Graduate students: 335
- Graduation rate: 57%
- Come back after freshman year: 77%
- First-generation: 26%
Faculty and campus
- Full-time faculty: 59%
- Student to faculty: 9:1
- Professor salary: $125,556
- Associate professor salary: $95,089
- Assistant professor salary: $82,716
- On-campus housing capacity: 807
- Average SAT: 1,205
- Average ACT: 25
- Study abroad: Available
- Online programs: Available
Common questions
What is the New Mexico Institute of Mining and Technology acceptance rate? New Mexico Institute of Mining and Technology admits 44% of applicants, based on the latest IPEDS admissions file.
How much does New Mexico Institute of Mining and Technology cost? Students from families earning $0 to $30,000 pay about $5,136 a year after aid. Average net price is $11,551.
What majors does New Mexico Institute of Mining and Technology offer? Popular programs include Mechanical Engineering, Electrical Engineering, Computer Science, Physics, Biology.
What is the average salary after New Mexico Institute of Mining and Technology? Median earnings 10 years after entry are $76,489 for Title IV aid recipients in College Scorecard.
What is the New Mexico Institute of Mining and Technology graduation rate? In the IPEDS Outcome Measures cohort, 63% earned an award within eight years. The first-time, full-time 150% graduation rate is 57%.
Scorecard earnings and debt cover Title IV aid recipients, not cash-pay or private-loan students. New Mexico Institute of Mining and Technology official site: https://nmt.edu.