New Mexico Institute of Mining and Technology
New Mexico Institute of Mining and Technology (New Mexico Tech) is a Public, 4 or more years school located in Socorro, NM. It is classified as Master's College and University (smaller programs) by Carnegie Classification and its highest level of offering is Doctor's degree - research/scholarship. The 2020 tuition & fees at New Mexico Institute of Mining and Technology is $8,156 for New Mexico residents and $23,524 for out-of-state students. 72% of the enrolled undergraduate students have received grant or scholarships and the average aid amount is $6,627 at New Mexico Tech. The school has a total enrollment of 1,895 and student to faculty ratio is 8 to 1 (12.50%). The average earning after 10 years of graduation is $58,500. The salary range after graduation from New Mexico Tech varies by field of study and the average salary range $53,600 to $53,600.
Directory Information
| Address | 801 Leroy Place, Socorro, NM 87801 |
|---|---|
| Phone | 800-428-8324 |
| WEB | www.nmt.edu |
| Admission | www.nmt.edu/office-of-admission |
| Online Application | https://banweb7.nmt.edu/pls/PROD/bwskalog.p_disploginnew?in_id=&cpbl=&newid= |
| Financial Aid | www.nmt.edu/financial-aid |
| Net Price Calculator | www.nmt.edu/news-archive/535-2016/5687-financial-aid-net-price-calculator |
| Veterans Tuition | www.nmt.edu/veterans-affairs |
| Disability Service | www.nmt.edu/disability-services |
| School Type | Public, 4 or more years |
| Carnegie Category | Master's College and University (smaller programs) |
| Highest Degree Offered | Doctor's degree - research/scholarship |
2020 Tuition & Fees and 2021 Estimation
For undergraduate school, its 2020 tuition and fees are $8,156 for in-state students and $23,524 for out-of-state students. For graduate programs, its 2020 tuition and fees are $7,436 for in-state students and $22,220 for out-of-state students.
The estimated 2021 tuition & fees are $8,561 for New Mexico residents and $24,851 for out-of-state students. The estimated 2021 graduate school tuition & fees are $0 for New Mexico residents and $0 for out-of-state students.
The average earning in 10 years after graduation from the school is $58,500. The average salary varies depending on the field of study where Mechanical Engineering program shows the highest salary with $53,600 after graduating from New Mexico Institute of Mining and Technology.
| In-State | Out-of-State | |
|---|---|---|
| Undergraduate | $8,156 | $23,524 |
| Graduate | $7,436 | $22,220 |
source: IPEDS, U.S. Department of Education
| In-State | Out-of-State | |
|---|---|---|
| Undergraduate | $8,561 | $24,851 |
| Graduate | $0 | $0 |
The estimation for 2020-2021 tuition costs is based on the cost change rates of last year.
2020 Key Stats
The Acceptance rate at New Mexico Institute of Mining and Technology is 23% and the yield (enrollment rate) is 75%. The average graduation rate is 56%. Total 1,895 students are attending at the school and the school offers campus housing facilities (i.e. dormitory and residence halls possessed by the school). Key academic stats for the school are listed in next table.
| Acceptance Rate » | 23% |
|---|---|
| Yield (Enrollment Rate) » | 75% |
| Graduation Rate » | 56% |
| Retention Rate | 76%(full-time) |
| Student to Faculty Ratio | 12.50% (8 to 1) |
| Student Population » | 1,895 (1,412 undergraduate) |
| Average Financial Aid » | $6,627 |
| Average Earning After 10 years of graduation | $58,500 |
| Average Salary by Field of Study | $53,600 - $53,600 |
Special Learning Opportunities and On-Campus Student Services
New Mexico Institute of Mining and Technology offers online classes (distance learning opportunities) for both undergraduate and graduate programs. Next table summarizes the special learning opportunities.
| Online Class | Undergraduate, Graduate |
|---|---|
| ROTC | No |
| Weekend/Evening College | No |
| Teacher Certification | Yes |
| Study Abroad | Yes |
New Mexico Tech provides a number of student services including remedial services, academic/career counseling services, employment services for students, Placement services for completers.
| Remedial services | Yes |
|---|---|
| Academic/career counseling service | Yes |
| Employment services for students | Yes |
| Placement services for completers | Yes |
| On-campus day care for students' children | Yes |
| Library facilities at institution | Various Library Facilities Provided |
Special Characteristics
Next table illustrates special characteristics of New Mexico Institute of Mining and Technology.
| Religious Affiliation | Not applicable |
|---|---|
| Has Hospital | No |
| Offer Medical Degree | No |
| Board/Meal Plan | Yes |
| Dormitory Capacity | 807 |
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