New Mexico Institute of Mining and Technology

Socorro, New Mexico 87801
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Public Bachelor's Town: Remote
74.4%
Acceptance Rate
$9,058
In-State Tuition
$76,489
Earnings (10yr)
55.1%
Graduation Rate

Admissions

74.4%
accepted

New Mexico Institute of Mining and Technology accepted 74.4% of applicants, making it Moderately Selective.

Test Scores

Test 25th Percentile Midpoint 75th Percentile
SAT Total 1215
SAT Reading 605
SAT Math 610
ACT Composite 26

Costs & Financial Aid

In-state tuition at New Mexico Institute of Mining and Technology is $9,058 and out-of-state tuition is $26,312. After financial aid, the average net price is $5,441. About 32.5% of students receive Pell Grants.

$9,058
In-State Tuition
$26,312
Out-of-State Tuition
$5,441
Avg Net Price
Cost Category Amount
In-State Tuition$9,058
Out-of-State Tuition$26,312
Room & Board (On Campus)$8,332
Books & Supplies$800
Total Cost of Attendance$20,579
Average Net Price (After Aid)$5,441
Students Receiving Pell Grants32.5%
Students Taking Federal Loans40.2%

Outcomes & Earnings

Graduates of New Mexico Institute of Mining and Technology earn a median salary of $76,489 ten years after enrollment. The graduation rate is 55.1%. Median student debt at graduation is $19,085, with an estimated monthly loan payment of $202.

Earnings After Enrollment

$54,530
6 Years
$60,432
8 Years
$76,489
10 Years
55.1%
Graduation Rate
75.0%
Freshman Retention
$19,085
Median Debt
Outcome Metric Value
Median Earnings (6 Years After)$54,530/yr
Median Earnings (8 Years After)$60,432/yr
Median Earnings (10 Years After)$76,489/yr
Graduation Rate (4-Year)55.1%
Freshman Retention Rate75.0%
Median Student Debt$19,085
Est. Monthly Loan Payment (10yr)$202/mo
3-Year Repayment Rate72.7%

Student Body

New Mexico Institute of Mining and Technology has 1,160 undergraduate students. The student body is 25.5% female. About 26.3% are first-generation college students. The average age at entry is 21.2.

Demographics

White
46.9%
Hispanic
40.6%
AIAN
3.5%
Two or More
3.2%
Asian
2.9%
Non-Resident
1.2%
Student Metric Value
Total Undergraduates1,160
Female Students25.5%
First-Generation Students26.3%
Average Age at Entry21.2
Students Over 2510.8%

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Frequently Asked Questions

What is the acceptance rate at New Mexico Institute of Mining and Technology?
The acceptance rate at New Mexico Institute of Mining and Technology is 74.4%, making it moderately selective. This means that for every 100 applicants, approximately 74 are admitted.
How much does it cost to attend New Mexico Institute of Mining and Technology?
In-state tuition at New Mexico Institute of Mining and Technology is $9,058 and out-of-state tuition is $26,312. After financial aid, the average net price is $5,441.
What is the average salary after graduating from New Mexico Institute of Mining and Technology?
Graduates of New Mexico Institute of Mining and Technology earn a median salary of $76,489 per year, measured 10 years after enrollment. At 6 years after enrollment, the median is $54,530.
What is the graduation rate at New Mexico Institute of Mining and Technology?
The graduation rate at New Mexico Institute of Mining and Technology is 55.1%. The freshman retention rate is 75.0%, which measures how many first-year students return for their second year.
How many students attend New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology has 1,160 undergraduate students. The student body is 25.5% female. About 26.3% are first-generation college students.

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