New Mexico Institute of Mining and Technology

Socorro, NM

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Acceptance Rate

54%

Enrollment

1,122

Graduation Rate

56%

Student-Faculty Ratio

8:1

Median Earnings (10yr)

$76,489

Retention Rate

77%

Admissions

SAT Range (25th–75th)1040–1290

8001600

ACT Range (25th–75th)20–28

136

Test Policy: Test Sometimes Required

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GPA*

Scale

SAT

ACT

Test-optional

Extracurriculars

LimitedExceptional

Cost & Financial Aid

In-State Tuition

$9,058

Out-of-State Tuition

$26,312

Avg Net Price

$8,265

Room & Board

$9,614

Total COA

$22,872

Median Debt

$19,085

Net Price by Family Income

$0–30,000

$3,970

$30,001–48,000

$5,067

$48,001–75,000

$8,676

$75,001–110,000

$11,907

$110,001+

$12,207

Pell Grant Rate: 31%

Federal Loan Rate: 35%

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Net Price Estimator

Estimate your actual cost after financial aid based on family income. Residency affects tuition at public universities.

Your State of Residency

Family Income

Sticker Price$35,926

Estimated Net Price$8,265 (avg)

This is a rough estimate based on published IPEDS data. Actual aid depends on your full financial profile, merit scholarships, and institutional policies.

New Mexico Institute of Mining and Technology's Official Net Price Calculator

Outcomes

Graduation Rate

56%

Median Earnings (10yr)

$76,489

Retention Rate

77%

Median Debt

$19,085

Top Programs

Engineering

54.2%

Computer Science

14.3%

Biology

9.7%

Physical Sciences

9.2%

Mathematics & Statistics

3.8%

Psychology

3.4%

Engineering Technology

1.7%

English

0.8%

Top Majors

Major	Graduates	Earnings (4yr)
Mechanical Engineering	77	$90,393
Computer Science	43	—
Electrical, Electronics and Communications Engineering	32	—
Biology, General	21	—
Chemical Engineering	20	—
Petroleum Engineering	18	$83,781
Physics	18	—
Civil Engineering	12	—
Mathematics	11	—
Geological and Earth Sciences/Geosciences	11	—
Materials Engineering	10	—
Environmental/Environmental Health Engineering	5	—
Chemistry	4	—
Rhetoric and Composition/Writing Studies	3	—
Liberal Arts and Sciences, General Studies and Humanities	2	—