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. Every figure on this page is reported by the federal government, not supplied by the college, so it can be compared like for like against anywhere else you are looking.
These four scores answer one question: compared with similar colleges, is this one worth the money? Each runs 0 to 100 and is judged only against its peer group (4-Year Selective), so a community college is never marked down for not being Harvard. Everything is computed from federal data. Nobody can pay to move a score, and a pillar with missing data is left unscored rather than guessed.
Strong
80/100
UCD Score · 4-Year Selective
Outcomes51
Value98
Affordability66
Selectivity75
Admissions & Acceptance Rate
New Mexico Institute of Mining and Technology admits 44.5% of applicants, which makes it genuinely competitive, so your application needs to be strong.
Acceptance Rate
44.5%
Selective
SAT Range (25th–75th)
1080 – 1310
Reading + Math combined
ACT Range (25th–75th)
20 – 29
Cumulative composite
Test PolicyRequiredSAT 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
Ignore the sticker price. What matters is the net price, which is what a typical family pays here after grants and scholarships come off. At $9,873 a year on average, it sits well below what public colleges charge nationally. At that level cost is rarely the reason to rule a college out. Figures are College Scorecard 2023-24.
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.
$2,75010%percentile
$5,50025%percentile
$19,085Medianpercentile
$23,50475%percentile
$31,34690%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 students who start here finish within six years, and 77% come back after first year. Fewer than half finish in six years. Ask what support exists for students who fall behind. Source: IPEDS 2023-24.
Completion and earnings carry the most weight in this college's score, and how the UCD Score weighs each measure sets out exactly how they are combined.
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
Ten years after starting here, the median student earns $76,489 a year, above the national median. That is a healthy return for most cost levels. Source: College Scorecard 2023-24.
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
Who you would actually be sitting next to: 995 students, a small, close-knit community.
Total Enrolled
995
Part-Time
5%
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.
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.
There are 10 students for every instructor here: small classes, and staff who are likely to know your name.
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
No college is right for everyone. Here is where New Mexico Institute of Mining and Technology is likely to suit you and where it may not, based on the same figures shown above.
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
The questions families ask most about New Mexico Institute of Mining and Technology, answered straight from the federal data rather than from the college's own marketing.
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?
44.5% of applicants are admitted. Around half get in, so a solid application has a real chance. Source: College Scorecard 2023-24.
What SAT score do you need for New Mexico Institute of Mining and Technology?
Aim for 1310 or better. Half of admitted students scored between 1080 and 1310 (Reading plus Math), so anything above the top of that range makes you competitive and anything below the bottom means the rest of your application has to carry more weight. Source: IPEDS 2023-24.
What ACT score do you need for New Mexico Institute of Mining and Technology?
Aim for 29 or better. Half of admitted students scored between 20 and 29 on the composite, so the upper half of that band is where you want to land. Source: IPEDS 2023-24.
How much does New Mexico Institute of Mining and Technology cost?
Budget around $9,873 a year. That is the net price, what families typically pay once grants and scholarships come off, not the sticker price. Your own figure depends on household income, so treat this as a midpoint rather than a quote. Source: College Scorecard 2023-24.
Is New Mexico Institute of Mining and Technology worth it?
On the numbers, yes: strong return on investment. Ten years in, the median graduate earns $76,489 a year against a net price of $9,873, about 7.7 dollars of earnings for every dollar of annual cost. That ratio ignores whether you finish and what you study, which matter just as much. Source: College Scorecard 2023-24.
What is New Mexico Institute of Mining and Technology known for?
Mostly Mechanical Engineering, Computer Science, Biology. Those are the fields where it awards the most degrees, which is a better guide to where the teaching strength sits than any reputation ranking. Source: IPEDS 2023-24.
What do New Mexico Institute of Mining and Technology graduates earn?
About $76,489 a year, measured ten years after students first enrolled. Half earn more and half earn less, and what you study moves that figure far more than where you study. Source: College Scorecard 2023-24.
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?
995 students. Small enough that you will recognize faces across campus, and small enough that course choice can be limited. Source: IPEDS 2023-24.
What is the graduation rate at New Mexico Institute of Mining and Technology?
44% finish within six years. That means most students do not finish in six years. Ask the school directly what support exists for students who fall behind. Source: IPEDS 2023-24.
Is New Mexico Institute of Mining and Technology a public or private college?
It is Public. Public, so in-state students usually pay materially less than everyone else.
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?
46 different programs, most commonly Mechanical Engineering, Computer Science, Biology. If the subject you want is not among them, check the full list before applying rather than assuming it is offered.
What is the student-to-faculty ratio at New Mexico Institute of Mining and Technology?
10 students per instructor. Low enough that staff are likely to know who you are. Source: IPEDS 2023-24.
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