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New Mexico Institute of Mining and Technology

Public
Socorro, NM
Town
OverviewTuition & CostsReturn on EducationAdmissionsMajors & DegreesStudentsReviews
  1. Colleges
  2. Catalog
  3. New Mexico Institute of Mining and Technology

Estimated Net Cost
Average for college across all majors
 

(per year)
$10k

Estimated Post Grad Salary
Average for college across all majors
 

(per year)
$76k

Return on Education

(post 4-year graduation)
Excellent
New Mexico Institute of Mining and Technology is a public university located in Socorro, New Mexico, founded in 1889. Known for its strong programs in science, engineering, and research, it is recognized for its niche focus on earth sciences and mineral engineering. The campus features the famous Energetic Materials Research and Testing Center, providing students with unique hands-on opportunities.

Pros

  • Strong focus on engineering and technology programs

  • Research opportunities in mining, materials, and energy

  • Small class sizes promote individualized attention

  • Location in a scenic area with outdoor recreational opportunities

Cons

  • Limited course offerings outside of STEM fields

  • Less diverse student body compared to larger universities

  • Remote location may lead to challenges in transportation

  • Higher living costs in some areas of New Mexico

Tuition and Costs

Most Recent Tuition Costs

Understanding Tuition Costs at New Mexico Institute of Mining and Technology: Navigating college expenses doesn't have to be complicated. Our comprehensive guide to tuition, fees, and other associated costs breaks down everything you need to know about financing your education at New Mexico Institute of Mining and Technology. Find out how we make higher education affordable and what financial options are available to you.

Yearly4 years
Tuition and Fees
Average Tuition, including fees before grants and scholarships.
 
$9,058$36,232
Room and Board
This is the average, based on staying on-campus
 
$9,614$38,456
Books and Supplies
The expenditure on books and supplies for an average student at New Mexico Institute of Mining and Technology
 
$800$3,200
Other expenses
The amount of money (estimated by the financial aid office at New Mexico Institute of Mining and Technology) needed by a student to cover expenses such as laundry, transportation, entertainment, and furnishings.
 
$5,728$22,912
Sticker Price$25,200$100,800

Historical Tuition Costs

Based on historical data, in-state tuition is expected to rise by approximately $301 per year over the next three years, reaching $9,393 in 2024, and $9,693 in 2025, and $9,994 in 2026.

Return On Education

Admissions

New Mexico Institute of Mining and Technology admissions is somewhat selective with an acceptance rate of 74%. Typically, admitted students score between 0-0 on the SAT or - on the ACT. The application deadline can be found the the institutions website.

74%Admission Rate
55%Graduation Rate

Admissions Requirements

SAT Range
ACT Range -
High School GPA

N/A

Key dates

Application DeadlineSee college website
Early Decision DateSee college website
Early Action DateSee college website

Majors & Degrees

Engineering⌄
ProgramGraduatesEst. Median Earnings
Electrical EngineeringN/A$0k
Mechanical EngineeringN/A$0k
Environmental EngineeringN/A$0k
Material EngineeringN/A$0k
Mining & Mineral EngineeringN/A$0k
Petroleum EngineeringN/A$0k

Student Life

Key information regarding New Mexico Institute of Mining and Technology's total enrollment and faculty.

Student Breakdown

Total Enrollment222
Full-time Students222
Part-time Students0

Faculty

Faculty-Student Ratio:9:1
Full-Time FacultyN/A
Part-Time FacultyN/A

Reviews and Ratings

For complete transparency we combine scores from across the web to give you a true picture of what students think about New Mexico Institute of Mining and Technology. Additionally, we have our own score which can be used alongside these external sources.

Tuition Covered Rating
(4.5)
Niche
(3.6)
US News
(5.0)

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Investing in higher education is a pivotal step towards future prosperity. It's essential to weigh the upfront costs against the potential for increased lifetime earnings and career opportunities. Our ROEdu score aims to help you understand tuition, living expenses, and financial aid, alongside the long-term benefits of earning a degree. By making informed decisions about where and what you study, you can maximize the return on your educational investment, turning the cost of your degree into a foundation for future success and financial security.

RoEDU
999
New Mexico Institute of Mining and Technology stands in the premier league, positioned within the top institutions for return on education, delivering unparalleled value and setting its graduates on a path to remarkable success.