New Mexico Institute of Mining and Technology, NM

Public4-Year • Small • Highly ResidentialMaster's College and UniversityVery Selective • High Transfer-InMain Campus
801 Leroy Place, Socorro, NM 87801
(800) 428-8324

New Mexico Institute of Mining and Technology Rankings

Affordability77
Selectivity63
Retention37
Graduation4
Earnings59
Diversity67
1 ← Poor Great → 100

Academics

Academics at New Mexico Institute of Mining and Technology

83%Bachelor’s
17%Associate’s
-Certificate
GradHighest Degree

Share of Graduates by Field of Study

Biological and Biomedical Sciences8%
Computer and Information Sciences8%
Engineering62%
Engineering Technologies1%
English Language and Literature1%
Liberal Arts and Sciences, Humanities1%
Mathematics and Statistics5%
Natural Resources and Conservation<1%
Physical Sciences12%
Psychology1%

Admissions

Getting into New Mexico Institute of Mining and Technology

23%Admission Rate
665Median SAT Math
640Median SAT Reading
26Median ACT Composite

Typical Test Scores

SAT Math (25–75%)620–710
200 800
SAT Reading (25–75%)590–690
200 800
ACT Composite (25–75%)23–29
1 36

Cost

Cost of Attending New Mexico Institute of Mining and Technology

$8KIn-State Tuition
$22KOut-of-State Tuition
$21KAverage Total Cost
$14KAverage Net Cost

Average Net Price by Family Income

Family IncomeSchoolNMUS
$0–$30K$10K$11K$14K
$30K–$48K$11K$12K$15K
$48K–$75K$15K$14K$17K
$75K–$110K$16K$15K$19K
>$110K$17K$16K$21K

Debt

Typical Debt after New Mexico Institute of Mining and Technology

47%Receive Federal Loans
$12KMedian Federal Debt
73%Repayment Rate
$199Median Payment

Received Financial Aid

Family IncomeSchoolNMUS
$0–$30K 39%61%57%
$30K–$48K 16%18%16%
$48K–$75K 13%11%12%
$75K–$110K 16%6%9%
>$110K 16%6%11%

Student Debt

CategorySchoolNMUS
The median debt for family income between $0–$30K$12K$11K$11K
The median debt for family income between $30K–$75K$12K$11K$12K
The median debt for students with family income >$75K$13K$10K$12K
The median debt for Pell students$13K$11K$12K
The median debt for no-Pell students$11K$9K$11K
Cumulative loan debt at the 90th percentile$31K$28K$25K
Cumulative loan debt at the 75th percentile$24K$19K$18K
Cumulative loan debt at the 25th percentile$6K$5K$6K
Cumulative loan debt at the 10th percentile$3K$3K$3K

Repayment Rates

PeriodSchoolNMUS
1-year after entering repayment 66%36%43%
3-years after entering repayment 73%41%46%
5-years after entering repayment 83%46%50%
7-years after entering repayment 85%54%55%

Completion

Completion Rates at New Mexico Institute of Mining and Technology

76%Retention Rate
-Transfer Rate
22%Withdrawal Rate
52%Graduation Rate

Graduation Rates by Time Taken

Time TakenSchoolNMUS
Within 4 Years 24%23%38%
Within 6 Years 52%39%55%
Within 8 Years 52%39%56%

Graduation Rates by Ethnicity

Ethnicity and NativitySchoolNMUS
Asian 57%48%53%
Black 50%24%39%
Caucasian 57%36%52%
Hispanic or Latino 54%36%47%
Native American or Alaskan Native 33%29%40%
Non-US citizens/residents 50%36%50%
Two or more races 56%41%44%
Other race 100%39%44%

Outcomes

Outcomes after New Mexico Institute of Mining and Technology

90%Employment Rate
$44KMedian Salary
$24K25 Pctl Salary
$68K75 Pctl Salary

Employment over Time

PeriodSchoolNMUS
Employed 6 years after enrollment 90%82%85%
Employed 7 years after enrollment 92%81%84%
Employed 8 years after enrollment 85%82%84%
Employed 9 years after enrollment 89%81%83%
Employed 10 years after enrollment 87%80%83%

Distribution of Earnings after Graduation

PercentileSchoolNMUS
10th percentile of earnings$6K$5K$7K
25th percentile of earnings$24K$13K$17K
50th percentile of earnings$44K$25K$29K
75th percentile of earnings$68K$38K$43K
90th percentile of earnings$78K$55K$57K

Median Earnings over Time

PeriodSchoolNMUS
Earnings 6 years after enrollment$44K$25K$29K
Earnings 8 years after enrollment$52K$29K$32K
Earnings 10 years after enrollment$50K$31K$35K

Students

Students at New Mexico Institute of Mining and Technology

1,333Undergraduates
83%Full-time Undergrads
21Avg Entry Age
483Graduate Students

Enrollment by Gender

GenderSchoolNMUS
Female degree-seeking undergraduates 28%66%64%
Male degree-seeking undergraduates 72%34%35%

Enrollment by Race and Nativity

Race and NativitySchoolNMUS
Asian 3%1%4%
Black 2%4%18%
Caucasian 52%26%49%
Hispanic or Latino 32%46%18%
Native American or Alaskan Native 4%15%1%
Native Hawaiian or Pacific Islander <1%<1%<1%
Non-US citizens/residents 2%2%2%
Two or more races 4%2%3%
Other race 1%4%4%

Enrollment by Family Income

Family IncomeSchoolNMUS
$0–$30K 29%49%43%
$30K–$48K 19%23%18%

Location Map

Nearby Colleges

Colleges near New Mexico Institute of Mining and Technology, NM