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New Mexico Institute of Mining and Technology

Last updated: 2024 BLS data · Page refreshed:

Socorro, New Mexico 87801
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Public Bachelor's Town: Remote
44.5%
Acceptance Rate
$9,476
In-State Tuition
$76,489
Earnings (10yr)
56.8%
Graduation Rate

Admissions

44.5%
accepted

New Mexico Institute of Mining and Technology accepted 44.5% of applicants, making it Selective.

Test Scores

Test 25th Percentile Midpoint 75th Percentile
SAT Total 1080 1215 1310
SAT Reading 550 605 660
SAT Math 530 610 650
ACT Composite 20 26 29

Costs & Financial Aid

In-state tuition at New Mexico Institute of Mining and Technology is $9,476 and out-of-state tuition is $27,247. After financial aid, the average net price is $9,873. About 29.5% of students receive Pell Grants.

$9,476
In-State Tuition
$27,247
Out-of-State Tuition
$9,873
Avg Net Price
Cost Category Amount
In-State Tuition$9,476
Out-of-State Tuition$27,247
Room & Board (On Campus)$10,350
Books & Supplies$800
Total Cost of Attendance$24,967
Average Net Price (After Aid)$9,873
Students Receiving Pell Grants29.5%
Students Taking Federal Loans31.2%

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 56.8%. Median student debt at graduation is $19,085, with an estimated monthly loan payment of $202.

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New Mexico Institute of Mining and Technology — graduate earnings curve (College Scorecard 2024)Line chart showing 3 data points.$76K$57K$38K$19K$06 yr8 yr10 yr6 yr: $54,530$54,5308 yr: $60,432$60,43210 yr: $76,489$76,489

Earnings After Enrollment

$54,530
6 Years
$60,432
8 Years
$76,489
10 Years
56.8%
Graduation Rate
77.0%
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)56.8%
Freshman Retention Rate77.0%
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 995 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
45.8%
Hispanic
40.6%
AIAN
3.6%
Two or More
3.2%
Non-Resident
3.2%
Asian
2.0%
Black
1.0%
Student Metric Value
Total Undergraduates995
Female Students25.5%
First-Generation Students26.3%
Average Age at Entry21.2
Students Over 2512.6%

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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 44.5%, making it selective. This means that for every 100 applicants, approximately 44 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 $9,476 and out-of-state tuition is $27,247. After financial aid, the average net price is $9,873.
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 56.8%. The freshman retention rate is 77.0%, 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 995 undergraduate students. The student body is 25.5% female. About 26.3% are first-generation college students.

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