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New Mexico Institute of Mining and Technology

Public Graduate Strong 80/100

New Mexico Institute of Mining and Technology

See admissions data, costs, student outcomes, and academic programs, all verified from official US government sources.

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Socorro, New Mexico

About New Mexico Institute of Mining and Technology

New Mexico Institute of Mining and Technology is a public institution offering graduate degrees based in Socorro, New Mexico. It enrolls 995 students (a small, tight-knit student body), according to IPEDS 2023-24 data. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.

Official website: nmt.edu

Acceptance: 44.5%
Graduation: 43.6%
Net Price: $9,873
Median Earnings (10yr): $76,489
Enrollment: 995
Student : Faculty: 10:1

Accreditor Higher Learning Commission

Academic Calendar Semester

How It Measures Up

US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Selective). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.

Strong

80/100

UCD Score · 4-Year Selective

Outcomes 51

Value 98

Affordability 66

Selectivity 75

Admissions & Acceptance Rate

With an acceptance rate of 44.5%, New Mexico Institute of Mining and Technology is a selective institution.

Acceptance Rate

44.5%

Selective

SAT Range (25th–75th)

1080 – 1310

Reading + Math combined

ACT Range (25th–75th)

20 – 29

Cumulative composite

Test Policy Required SAT or ACT scores must be submitted with the application.

5-Year Admission Trend

Acceptance rate over the last five admission cycles. The trend tells you whether New Mexico Institute of Mining and Technology is getting harder, easier, or staying about the same.

Getting more selective ↓ 25.8 pts since 2019

Cost & Financial Aid

The real cost of attending New Mexico Institute of Mining and Technology isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $9,873 per year. That's well below the typical net price for public colleges nationally.

Average Net Price

$9,873

Per year, after typical aid

Receive Pell Grants

30%

Need-based federal aid

Receive Federal Loans

31%

Borrowing to attend

Full Cost Breakdown

Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.

Tuition & Fees (in-state): $9,476
Tuition & Fees (out-of-state): $27,247
Room & Board (on-campus): $10,350
Room & Board (off-campus): $10,350
Books & Supplies: $800
Other Expenses (on-campus): $5,728
Other Expenses (off-campus): $5,728
Total Cost of Attendance: $24,967

Application fee: $15 (one-time, due at submission)

Net Price by Family Income

Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.

Under $30,000

$5,136
$30,001 – $48,000

$7,640
$48,001 – $75,000

$10,106
$75,001 – $110,000

$14,753
Over $110,000

$13,464

Debt at Graduation

Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.

$2,750

10% percentile

$5,500

25% percentile

$19,085

Median percentile

$23,504

75% percentile

$31,346

90% percentile

Median Debt by Student Type

Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.

GroupDebtvs Median

Pell recipients $13,500 ↓ $5,585

No Pell $8,100 ↓ $10,985

Dependent students $10,217 ↓ $8,868

Independent students $17,841 ↓ $1,244

Female students $11,870 ↓ $7,215

Male students $11,000 ↓ $8,085

Worth knowing: Students who don't finish leave with a median debt of $5,560, less than completers ($19,085), but still a meaningful obligation without a degree in hand.

Graduation Rate & Retention

44% of full-time students who enrolled at New Mexico Institute of Mining and Technology graduate within six years, and 77% return for their second year, per IPEDS 2023-24 completion data.

6-Year Graduation Rate

44%

Of students who graduate within six years

First-Year Retention

77%

Returning for their second year

After Graduation: Earnings & Outcomes

According to College Scorecard 2023-24 data, students who entered New Mexico Institute of Mining and Technology earn a median of $76,489 ten years after first enrolling. That's above the national median for U.S. colleges.

Median Earnings (10 yrs)

$76,489

Earning > $25K

83%

10 yrs after entry

Earnings Growth After Graduation

Median annual earnings 6, 8, and 10 years after students first enrolled.

Earnings by Demographic

Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.

By Gender

Female graduates

$51,700

Median earnings for female grads ten years after first enrolling here.

Male graduates

$60,700

Median earnings for male grads ten years after first enrolling here.

By Family Income at Entry

Family income (lowest third)

$57,300

Earnings of grads from the bottom-third of family incomes at entry.

Family income (middle third)

$57,800

Earnings of grads from the middle-third of family incomes at entry.

Family income (highest third)

$60,300

Earnings of grads from the top-third of family incomes at entry.

The gender gap: Male graduates earn $9,000, about 15% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.

Loan Repayment Progression

Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.

Stable ↓ 2.5 pts across 6 years

What this signals: Strong. 82% of graduates are actively reducing their debt seven years out.

Who Studies Here

New Mexico Institute of Mining and Technology is home to 995 students, a small, close-knit community.

Total Enrolled

995

Part-Time

First-Generation

26%

Race & Ethnicity Breakdown

Undergraduate student body composition reported to the US Department of Education.

GroupShareStudents

White 45.8% 456

Hispanic 40.6% 404

Other 7.0% 70

International 3.2% 32

Asian 2.0% 20

Black 1.0% 10

Student Life & Campus Culture

Where students live, learn, and connect at New Mexico Institute of Mining and Technology. The campus setting, housing profile, and signals that shape day-to-day life here.

Setting

Town: Remote Socorro, New Mexico

Housing

Strongly residential 807 beds for 995 students

Adult Learners

13% of students are 25 or older

Athletics

NAIA athletic-conference member

Academic Calendar

Semester scheduling structure

Designation

Hispanic-Serving Institution (HSI)

What You Can Study

New Mexico Institute of Mining and Technology offers an extensive catalog of programs: 46 distinct programs across 11 majors. Below are its strongest majors, each with flagship programs and typical earnings. Open a major to explore it in depth, or browse the full program catalog.

17 Programs

Engineering

Mechanical Engineering $92K ($78K–$109K)
Mechanical Engineering $92K ($78K–$109K)
Chemical Engineering $98K ($80K–$118K)

4 Programs

Computer Science

Computer Science $107K ($75K–$152K)
Computer Science $107K ($75K–$152K)
Information Systems $92K ($64K–$128K)

9 Programs

Physical Sciences

Geosciences $60K ($44K–$78K)
Physics $77K ($52K–$103K)
Chemistry $65K ($48K–$84K)

2 Programs

Biology

Biology $57K ($39K–$79K)
Biology $57K ($39K–$79K)

3 Programs

Engineering Tech

Environmental Tech $90K ($71K–$110K)
Environmental Tech $90K ($71K–$110K)
Environmental Tech $90K ($71K–$110K)

3 Programs

Mathematics

Mathematics $70K ($49K–$97K)
Applied Mathematics $92K ($63K–$127K)
Mathematics $70K ($49K–$97K)

2 Programs

Liberal Arts

Liberal Arts $53K ($36K–$73K)
Liberal Arts $53K ($36K–$73K)

View all majors View all programs

Faculty & Resources

The student-to-faculty ratio at New Mexico Institute of Mining and Technology is 10:1, low (small classes, more faculty contact).

Student : Faculty

10:1

Students per instructional faculty member

Instruction / Student

$19,866

Annual instructional spending per enrolled student

Endowment

$89M

Modest endowment

Avg Faculty Salary

$89,156

9-month equivalent across all ranks

Faculty by Rank

138 instructional faculty across 4 ranks. The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.

Rank	Faculty Count	Share	Avg Salary
Full Professors	41	30%	$120,938
Associate Professors	44	32%	$91,300
Assistant Professors	33	24%	$76,376
Instructors	20	14%	$60,486

Pros & Cons of New Mexico Institute of Mining and Technology

A quick at-a-glance summary of how New Mexico Institute of Mining and Technology tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.

PROS

Very affordable net price after aid
Small classes (low student-faculty ratio)
Tight-knit, close community feel
Above-average post-graduation earnings

CONS

Selective admissions, solid academic profile expected
Fewer clubs, activities, and social options
Below-average completion rate
Modest first-year retention

Best for: Based on the data, New Mexico Institute of Mining and Technology is a fit for families focused on keeping net cost low; students prioritizing post-graduation earnings; students who thrive in small, close-knit environments.

Frequently Asked Questions about New Mexico Institute of Mining and Technology

Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about New Mexico Institute of Mining and Technology.

Is New Mexico Institute of Mining and Technology hard to get into?

New Mexico Institute of Mining and Technology is selective but not extremely competitive. Its acceptance rate is 44.5%. Strong academic credentials and a thoughtful application materially improve your odds.

What is the acceptance rate at New Mexico Institute of Mining and Technology?

New Mexico Institute of Mining and Technology has an acceptance rate of 44.5%, according to College Scorecard 2023-24 admissions data.

What SAT score do you need for New Mexico Institute of Mining and Technology?

The middle 50% of admitted students at New Mexico Institute of Mining and Technology scored between 1080 and 1310 on the SAT (Reading + Math combined). Scores at the higher end of that range improve admissions odds materially. Per IPEDS 2023-24 data.

What ACT score do you need for New Mexico Institute of Mining and Technology?

The middle 50% of admitted students at New Mexico Institute of Mining and Technology scored between 20 and 29 on the ACT composite. Scores in the upper half of that range strengthen an application. Source: IPEDS 2023-24.

How much does New Mexico Institute of Mining and Technology cost?

The average net price after aid at New Mexico Institute of Mining and Technology is $9,873 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.

Is New Mexico Institute of Mining and Technology worth it?

Strong return on investment. Graduates earn a median of $76,489 ten years after entering, against an average net price of $9,873 per year. That's roughly 7.7x earnings-to-cost. Source: College Scorecard 2023-24.

What is New Mexico Institute of Mining and Technology known for?

New Mexico Institute of Mining and Technology is best known for its programs in Mechanical Engineering, Computer Science, Biology. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.

What do New Mexico Institute of Mining and Technology graduates earn?

Median earnings 10 years after entering New Mexico Institute of Mining and Technology are $76,489, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.

Is New Mexico Institute of Mining and Technology accredited?

Yes. New Mexico Institute of Mining and Technology is accredited by the Higher Learning Commission.

How many students attend New Mexico Institute of Mining and Technology?

New Mexico Institute of Mining and Technology enrolls 995 students, per IPEDS 2023-24 fall enrollment data.

What is the graduation rate at New Mexico Institute of Mining and Technology?

New Mexico Institute of Mining and Technology graduates 44% of full-time students within six years, per IPEDS 2023-24 completion data.

Is New Mexico Institute of Mining and Technology a public or private college?

New Mexico Institute of Mining and Technology is a Public institution.

Where is New Mexico Institute of Mining and Technology located?

New Mexico Institute of Mining and Technology is located in Socorro, New Mexico.

What programs does New Mexico Institute of Mining and Technology offer?

New Mexico Institute of Mining and Technology offers 46 distinct programs. The most popular include Mechanical Engineering, Computer Science, Biology.

What is the student-to-faculty ratio at New Mexico Institute of Mining and Technology?

The student-to-faculty ratio at New Mexico Institute of Mining and Technology is 10:1, per IPEDS 2023-24 data.