- The Inkwell
- New Mexico
- New Mexico Institute of Mining and Technology
Socorro, NMTown: remoteZIP 87801Founded 1889
- Sector
- Public
- Founded
- 1889
- Carnegie class
- Master's: small programs
- Highest degree
- Graduate degree
- Federal aid since
- 1966
- Website
- www.nmt.edu
New MexicoPublic
New Mexico Institute of Mining and Technology
New Mexico Institute of Mining and Technology is a public college in Socorro, New Mexico, with 995 undergraduates. It admits 44% of applicants, graduates 55% within six years and costs $20,862 a year after aid.
55%graduate
Admission rate44%
Retention77%
4-year graduation34%
Pell Grant share33%
Federal loans22%
$20,862net price / year
44%admission rate
1207average SAT
55%graduate in 6 years
$71,723median earnings, 10 yrs
$13,892median debt
#356 of 1,704 for earnings#933 of 1,739 for lowest net price#844 of 1,738 for graduation rate#204 of 1,552 for selectivity
what it costs
Cost and net price
Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.
Published cost
- Cost of attendance
- $26,354tuition, fees, housing, books, per year
- Tuition & fees, in-state
- $10,112
- Tuition & fees, out-of-state
- $31,683
- Average net price
- $20,862national median $19,980
Net price by family income
$0–30,000$17,145
$30,001–48,000$17,614
$48,001–75,000$19,161
$75,001–110,000$24,081
$110,001+$26,354
getting in
Admissions and test scores
Admission
- Admission rate
- 44%national median 77%
- Average SAT
- 1207
- SAT reading, middle 50%
- 550–660
- SAT math, middle 50%
- 530–650
- ACT composite, middle 50%
- 20–29
Against the national median
Admission rate · this college44%
Admission rate · U.S. median77%
Retention · this college77%
Retention · U.S. median76%
Graduation · this college55%
Graduation · U.S. median55%
Pell share · this college33%
Pell share · U.S. median39%
after enrolling
Graduation, earnings and debt
Completion
- Graduation rate, 6 years
- 55%within 150% of normal time
- Graduation rate, 4 years
- 34%
- First-year retention
- 77%
- Award within 8 years, all students
- 60%
Earnings and debt
- Median earnings, 6 years after entry
- $63,617
- Median earnings, 10 years after entry
- $71,723middle 50%: $43,430–$112,446
- Median debt at graduation
- $13,892
- 3-year loan default rate
- 0%
Earnings ten years after entry
Upper quarter$112,446
Median, New Mexico Institute of Mining and Technology$71,723
Lower quarter$43,430
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here
Students and faculty
Undergraduates
- Degree-seeking undergraduates
- 995
- Part-time
- 5.4%
- Women / men
- 28% / 72%
- Average age at entry
- 21.2
- First-generation students
- 26%
- Pell Grant recipients
- 33%
Faculty and resources
- Student-to-faculty ratio
- 9 : 1
- Full-time faculty
- 83%
- Average faculty salary
- $10,264 / month
- Instructional spending per student
- $13,319
- Endowment, end of year
- $96,663,539
Race and ethnicity, undergraduates
White46%
Hispanic41%
Black1.0%
Asian2.0%
Two or more races3.2%
U.S. nonresident3.2%
American Indian / Alaska Native3.6%
Native Hawaiian / Pacific Islander0.2%
Unknown0.3%
11 fields of study
Most popular fields
Share of bachelor’s degrees awarded, by broad field (CIP family).
Engineering46%
Computer & information sciences17%
Physical sciences12%
Biological & biomedical sciences12%
Mathematics & statistics5.1%
Psychology2.8%
Liberal arts & humanities2.3%
Business & management1.4%
keep comparing
Similar colleges
Public colleges in New Mexico
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| New Mexico Highlands University Las Vegas, NM | $18,315 | 30% | $48,104 |
| Institute of American Indian and Alaska Native Culture and Arts Development Santa Fe, NM | $11,199 | 18% | $26,385 |
| Western New Mexico University Silver City, NM | $6,328 | 44% | $41,452 |
| Eastern New Mexico University-Main Campus Portales, NM | $5,238 | 39% | $44,198 |
| New Mexico State University-Main Campus Las Cruces, NM | $6,313 | 54% | $43,922 |
| University of New Mexico-Main Campus Albuquerque, NM | $19,966 | 54% | $50,072 |
Same Carnegie class, similar price
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Eastern Connecticut State University Willimantic, CT | $20,502 | 54% | $60,748 |
| Greenville University Greenville, IL | $20,905 | 52% | $49,304 |
| St. Thomas Aquinas College Sparkill, NY | $21,253 | 53% | $65,466 |
| Stephens College Columbia, MO | $19,741 | 57% | $46,625 |
| North Greenville University Tigerville, SC | $22,235 | 54% | $47,090 |
| Bushnell University Eugene, OR | $19,624 | 58% | $58,808 |
Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 187967. Founding year, motto and memberships: Wikidata Q1052208.