New Mexico Institute of Mining and Technology Acceptance
New Mexico Institute of Mining and Technology is a public research university in Socorro, New Mexico, enrolling about 995 students. Admission is moderately selective for first-time degree-seeking undergraduates reporting admissions data to the Education Department. The acceptance rate is about 44.49% in the latest College Scorecard admissions data. Median earnings about ten years after entry reach about $76,489 among students who received federal aid.
Key Facts
- 2024 Undergraduate Tuition: $9,476
- 2024 Average Net Price: $9,873 After Financial Aid
- 2024 Acceptance Rate: 44.49% Selective
- 2024 Enrolled Students: 995 94.6% Full-Time
- 2024 Graduation Rate: 57.05%
- Carnegie Classification: Baccalaureate Colleges: Arts & Sciences Focus
- First-Generation Students: 26.3%
- Tuition trend: In-state tuition increase of 0.0% from 2022 to 2023 (College Scorecard).
- Net price trend: Average net price increase of 51.9% from 2022 to 2023 (College Scorecard).
- Full-Time Faculty: 82.7%
- Average SAT Score: 1207
- Undergraduate Enrollment: 1,226
- Applicants (IPEDS): 1,112
- Room & Board: $10,350 annual estimate
New Mexico Institute of Mining and Technology: what the data shows
Common questions about New Mexico Institute of Mining and Technology, answered from College Scorecard and IPEDS in this repository.
Where is New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology is located in Socorro, NM (ZIP 87801).
NCES locale classification: Town remote.
Is New Mexico Institute of Mining and Technology public or private?
New Mexico Institute of Mining and Technology is a Public institution.
How much does New Mexico Institute of Mining and Technology cost?
Published tuition: $9,476 in-state, $27,247 out-of-state.
Average net price after aid: $9,873.
| Family income band | Avg. net price |
|---|---|
| Family income $0–$30,000 | $5,136 |
| $30,001–$48,000 | $7,640 |
| $48,001–$75,000 | $10,106 |
| $75,001–$110,000 | $14,753 |
| $110,001+ | $13,464 |
Sticker tuition × four years (estimate, no room/board): $37,904.
How hard is it to get into New Mexico Institute of Mining and Technology?
Admission rate: 44.49%.
Among enrollees who submitted scores: average SAT 1207 and midpoint ACT 26.
Scorecard does not publish admitted-student GPA for most institutions.
How big is New Mexico Institute of Mining and Technology?
Total enrollment: 995 students.
Undergraduate enrollment: 1,226 students.
Graduate enrollment: 556 students.
About 95% enroll full-time in our extract.
What is the graduation rate at New Mexico Institute of Mining and Technology?
150%-time completion rate: 57.05%.
First-year retention: 77.0%.
What do graduates of New Mexico Institute of Mining and Technology earn?
Median earnings: $54,530 six years after entry; $76,489 ten years after entry (College Scorecard).
How much debt do students have?
Median federal loan debt among completers: $19,085.
29.50% of students receive Pell grants.
What is New Mexico Institute of Mining and Technology known for?
Largest IPEDS program completions at this institution:
- Mechanical Engineering (81 completions)
- Computer Science (29 completions)
- Electrical and Electronics Engineering (25 completions)
- Mining and Mineral Engineering (17 completions)
- Chemical Engineering (16 completions)
- Biology/Biological Sciences, General (14 completions)
- Mathematics, General (14 completions)
- Physics, General (14 completions)
- Petroleum Engineering (13 completions)
- Civil Engineering, General (12 completions)
See ROI & Programs for more.
Is New Mexico Institute of Mining and Technology a good school?
We do not score schools on opinion. Federal data in our extract show admission rate 44.49%; completion rate 57.05%; median earnings $76,489 at 10 years; net price $9,873. Compare these figures to your cost, aid, and career goals.
Tuition & Cost
Tuition Costs
$9,476
2024 Undergraduate Tuition
In 2024, the cost of tuition at New Mexico Institute of Mining and Technology was $9,476.
Tuition comparison with similar institutions.
Average Net Price
$9,873
2024 Value
In 2024 New Mexico Institute of Mining and Technology had an average net price — the price paid after factoring in grants and loans — of $9,873.
Average net price comparison with similar institutions.
Total Cost of Attendance
$39,492 Estimated 4-Year Total Cost
$9,873 Average Annual Net Price (after aid)
$37,904 4-Year In-State Tuition
$108,988 4-Year Out-of-State Tuition
$10,350 Room & Board (annual, on-campus estimate)
$800 Books & Supplies (annual estimate)
$20,626 Estimated Annual Sticker (tuition + room/board + books)
$82,504 Estimated 4-Year Sticker (before aid)
4-year total cost breakdown for New Mexico Institute of Mining and Technology.
Financial Aid by Income Level
29.50% Undergraduates Receiving Financial Aid through Grants
31.22% Undergraduates Receiving Financial Aid through Loans
Financial aid distribution by income level.
Student Loan Default Rate
0.00%
3-year cohort default rate (College Scorecard)
The published 3-year cohort default rate for borrowers at New Mexico Institute of Mining and Technology was 0.00%.
Cohort default rates account for borrowers who default in the first three years.
Tuition tracker
Published tuition and average net price by reporting year come from the College Scorecard institution file. Values are not adjusted for inflation; missing cells mean the field was not reported or was suppressed for New Mexico Institute of Mining and Technology in that year.
Reporting years in the table below: 2013–2023 (Scorecard labels refer to the institutional submission cycle).
| Year | In-state tuition & fees | Out-of-state tuition & fees | Average net price |
|---|---|---|---|
| 2013 | $5,714 | $17,073 | $10,219 |
| 2014 | $6,256 | $18,184 | $11,451 |
| 2015 | $6,613 | $19,137 | $11,785 |
| 2016 | $6,891 | $20,041 | $12,880 |
| 2017 | $7,183 | $20,991 | $13,694 |
| 2018 | $7,770 | $22,268 | $14,236 |
| 2019 | $8,156 | $23,524 | $14,595 |
| 2020 | $8,361 | $24,190 | $14,836 |
| 2021 | $8,425 | $24,254 | $11,364 |
| 2022 | $9,058 | $26,312 | $5,441 |
| 2023 | $9,058 | $26,312 | $8,265 |
Sticker tuition and net price over time
Where the institution reported separate in-state and out-of-state tuition, both appear. Gaps mean the value was not reported for that year.
College Scorecard reporting-year fields (not inflation-adjusted).
Net price by family income
Brackets follow Scorecard definitions for the series shown (public vs private institution).
Latest income-band net prices available in the processed extract.
Acceptance Rate & Admissions
Acceptance Rate
44.49% Acceptance Rate
1,112 Total Applicants
600 Students Admitted
222 First-Time Students Enrolled
37.00% Yield (enrolled ÷ admitted)
This institution is selective, accepting about half of all applicants.
Acceptance rate compared to national average.
Test Scores
SAT Average: 1207
ACT Average: 26
Average SAT and ACT scores for admitted students.
Academic Requirements
Estimated GPA Range: 3.3 - 3.5
Estimated Median GPA: 3.40
Note: GPA requirements are estimated based on admission selectivity and test scores. Actual requirements may vary.
Estimated GPA and test score ranges.
Enrollment & Student Demographics
New Mexico Institute of Mining and Technology reported total enrollment of about 995 students in the latest College Scorecard extract. The student body is about 72% male and 28% female. Enrollment by race and ethnicity includes White (45.8%), Hispanic or Latino (40.6%), and American Indian or Alaska Native (3.6%). About 29.50% of undergraduates receive Pell Grants. Roughly 26.3% of students are first-generation college students.
Full-Time vs Part-Time Enrollment
94.6% Full-Time Enrollment
The total enrollment at New Mexico Institute of Mining and Technology in 2024 is 995 students.
Undergraduate enrollment is about 1,226 students. Graduate enrollment is about 556 students.
Full-time vs part-time enrollment comparison.
Retention Rate over Time
77.0%
2024 Retention Rate
Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall.
Retention rate over time compared to similar institutions.
Enrollment by Race & Ethnicity
The largest enrollment share in our College Scorecard extract is White at 45.8%.
Shares are for total enrollment (undergraduate and graduate combined when reported).
College Scorecard student demographics.
Graduates & Outcomes
Time to Complete
32.46% 100% Completion Time
57.05% 150% Completion Time
In 2024, 32.46% of students graduating from New Mexico Institute of Mining and Technology completed their program within 100% "normal time".
Completion rates over time compared to similar institutions.
Completions by Sex (Top Programs)
- Mechanical Engineering: 81% male / 19% female
- Computer Science: 86% male / 14% female
- Electrical and Electronics Engineering: 84% male / 16% female
IPEDS completions by sex for the five largest programs (aggregate CIPs excluded).
Completions by Race & Ethnicity
Combined IPEDS award counts across reported programs; largest group: White.
Summed across program completion records in our extract.
ROI & Programs
Financial value and program information for New Mexico Institute of Mining and Technology.
Return on Investment
$19,085 Median Student Debt
$76,489 Median Annual Earnings (10 years)
24.95% Debt-to-Earnings Ratio
1836.82% Return on Investment
2.5 years Estimated Payback Period
Financial value analysis for New Mexico Institute of Mining and Technology.
Top Programs by Completions
10 largest programs by IPEDS completions (of 29 reported codes; aggregate/unknown CIP buckets excluded).
1. Mechanical Engineering: 81 completions
2. Computer Science: 29 completions
3. Electrical and Electronics Engineering: 25 completions
4. Mining and Mineral Engineering: 17 completions
5. Chemical Engineering: 16 completions
6. Biology/Biological Sciences, General: 14 completions
7. Mathematics, General: 14 completions
8. Physics, General: 14 completions
9. Petroleum Engineering: 13 completions
Most popular programs at New Mexico Institute of Mining and Technology.
Employment Outcomes
Employment outcome data is not available for this institution.
Earnings outcomes for New Mexico Institute of Mining and Technology graduates.
Operations
Instructional staffing and expenditure indicators for New Mexico Institute of Mining and Technology from College Scorecard (not a full IPEDS finance statement).
Instructional Resources
- Full-time faculty share: 82.7%
- Average faculty salary (Scorecard): $10,264
- Instructional expenditure per FTE: $13,319
Endowment and detailed non-instructional staff counts require IPEDS Finance/HR surveys and are not in this extract.
Scorecard instructional metrics where reported.
About
New Mexico Institute of Mining and Technology is a public institution located in Socorro, NM, classified as Baccalaureate Colleges: Arts & Sciences Focus. In the latest IPEDS completions in our extract, the largest programs by awards were Mechanical Engineering, Computer Science, Electrical and Electronics Engineering. Enrollment is approximately 995 students. Student body composition includes White (45.8%), Hispanic or Latino (40.6%), American Indian or Alaska Native (3.6%). It is selective, with an admission rate of 44.49%. Average SAT scores for admitted students are 1207. The 150%-time completion rate is 57.05%. Approximately 29.50% of students receive Pell Grants. About 26.3% of students are first-generation college students.
Institution Type
Public
Carnegie Classification: Baccalaureate Colleges: Arts & Sciences Focus
Location
Socorro, NM 87801
Region: Southwest
Insights and Analysis
New Mexico Institute of Mining and Technology provides educational opportunities for students seeking higher education. Prospective students should carefully evaluate all factors including costs, outcomes, and program offerings when making their enrollment decisions.
Frequently Asked Questions
Where is New Mexico Institute of Mining and Technology located?
New Mexico Institute of Mining and Technology is located in Socorro, NM.
What is New Mexico Institute of Mining and Technology's acceptance rate?
The acceptance rate at New Mexico Institute of Mining and Technology is 44.5% among first-time degree-seeking students reporting admissions data. IPEDS reports 1,112 applicants and 600 admits in the latest admissions cycle in our extract.
How much does New Mexico Institute of Mining and Technology cost?
Reported tuition is $9,476 and average net price is $9,873 in the latest College Scorecard data. On-campus room and board is estimated at $10,350 annually.
What is the student body demographics at New Mexico Institute of Mining and Technology?
New Mexico Institute of Mining and Technology reports undergraduate enrollment of about 1,226 students, White (45.8%), Hispanic or Latino (40.6%) in federal College Scorecard data.
How many first-generation students attend New Mexico Institute of Mining and Technology?
About 26.3% of students at New Mexico Institute of Mining and Technology are first-generation college students.
What test scores do students need for New Mexico Institute of Mining and Technology?
Among enrolled students who submitted scores, New Mexico Institute of Mining and Technology reports midpoint SAT about 1207 and midpoint ACT about 26.
What do graduates of New Mexico Institute of Mining and Technology earn?
Median earnings are $54,530 six years after entry and $76,489 ten years after entry.
What is the graduation rate at New Mexico Institute of Mining and Technology?
The 150%-time completion rate is 57.0% for the cohort reported to the College Scorecard.
How much debt do New Mexico Institute of Mining and Technology students have?
Median federal loan debt among completers is $19,085.
Is New Mexico Institute of Mining and Technology public or private?
New Mexico Institute of Mining and Technology is a public institution located in Socorro, NM.
Is New Mexico Institute of Mining and Technology an HBCU?
No. New Mexico Institute of Mining and Technology is not flagged as an HBCU in the IPEDS institutional directory.
Is New Mexico Institute of Mining and Technology a tribal college?
No. New Mexico Institute of Mining and Technology is not flagged as a tribal college in IPEDS.
Data Sources
This page uses data from the following sources:
- College Scorecard - U.S. Department of Education
- Institutional characteristics, costs, completion rates, and earnings data
- Data years: 2015-2024
- Source: collegescorecard.ed.gov
- Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
- Employment and wage data by occupation
- Latest data: May 2024
- Source: bls.gov/oes
- O*NET Online - U.S. Department of Labor
- Occupational skills, knowledge, abilities, and work activities
- Database version: 28.0 (August 2023)
- Source: onetcenter.org
- IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
- Institutional data, completions, enrollment, and financial aid
- Data years: 2015-2024
- Source: nces.ed.gov/ipeds
- Census Bureau American Community Survey (ACS)
- Demographic and workforce data
- Latest data: 2023 ACS 5-Year Estimates
- Source: census.gov/acs
- Related geography & profiles
- New Mexico college costs
- New Mexico colleges by ROI
- Southwest regional profile
- All state profiles
- Regional profiles
- National benchmarks
- School directory
- All schools in New Mexico
Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.
Last Updated: Data reflects the most recent available information as of January 2025.
Methodology
Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, which provides comprehensive information on institutions of higher education in the United States.
All financial figures are adjusted for inflation and represent the most recent available data. Graduation rates and completion times are calculated according to federal standards.