Socorro, New Mexico · Public ·Town
New Mexico Institute of Mining and Technology
At a glance
Basics
- Type
- Public
- Setting
- Town
- Enrollment
- 995 students
- Women / Men
- 28.3% / 71.7%
Admissions
- Acceptance rate
- 44.5%
- SAT (mid 50%)
- 1080–1310
- ACT (mid 50%)
- 20–29
Cost
- Avg net price
- $9,873
- Sticker price
- $24,967
- Tuition (in-state)
- $9,476
- Tuition (out-of-state)
- $27,247
Outcomes
- Graduation rate
- 57.1%
- Retention rate
- 77%
- Median earnings (10y)
- $76,489
- Median debt
- $19,085 (~$207/mo)
Financial aid
- On Pell grants
- 29.5%
- Take federal loans
- 31.2%
All majors at New Mexico Institute of Mining and Technology
29 programs listed in federal data. Every row opens a school-specific page; listings without a positive program signal stay available for users but out of Google's index.
Cost & ROI
Is New Mexico Institute of Mining and Technology worth it?
Pay $9,873/yr after aid. Graduates earn a median of $76,489 ten years out — about 7.7× the annual cost. Value grade: A+.
- Avg net price
- $9,873/yr
- Median earnings
- $76,489/yr (10y out)
- Median debt
- $19,085~$207/mo
- 4-year est. cost
- $39,492net of aid
Frequently asked questions
What is New Mexico Institute of Mining and Technology's acceptance rate?
New Mexico Institute of Mining and Technology admits 44.5% of applicants — selective on admissions, compared to the national average of 72.3%. Most admitted students score in the 1080–1310 range on the SAT.
How much does New Mexico Institute of Mining and Technology cost per year?
The average annual net price — what students actually pay after grants and scholarships — is $9,873. The sticker price before any aid is $24,967, so most students receive substantial discounts. Over four years that net cost adds up to roughly $39,492.
How much debt do New Mexico Institute of Mining and Technology graduates have?
Graduates leave New Mexico Institute of Mining and Technology with a median federal student loan balance of $19,085, which works out to about $207 per month on a standard 10-year repayment plan. About 31.2% of students take federal loans.
Is New Mexico Institute of Mining and Technology worth the cost?
Ten years after enrolling, New Mexico Institute of Mining and Technology graduates earn a median of $76,489 per year (national median: $50,834). That's about 7.7× the annual net price. EduGradify assigns New Mexico Institute of Mining and Technology a value grade of A+.
What SAT score do you need for New Mexico Institute of Mining and Technology?
Admitted students score 1080–1310 on the SAT (middle 50% range, out of 1600). That means a quarter of admits scored above the high end of that range, and a quarter scored below it.
What is the graduation rate at New Mexico Institute of Mining and Technology?
57.1% of full-time undergraduates graduate from New Mexico Institute of Mining and Technology within six years of enrolling — national average is 49.9%. First-year retention is 77%.
What are the most popular majors at New Mexico Institute of Mining and Technology?
29 programs are listed in federal data; 25 have positive share data. The largest reported major at New Mexico Institute of Mining and Technology is Mechanical Engineering (19.2%), followed by Computer Science (11.7%).
What percent of New Mexico Institute of Mining and Technology students receive financial aid?
29.5% of New Mexico Institute of Mining and Technology students receive a federal Pell Grant — the main need-based federal aid program. 31.2% take federal student loans.
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