New Mexico Institute of Mining and Technology

New Mexico Institute of Mining and Technology is a public college in Socorro, NM. Its average net price is $20,862 a year - and the price families actually pay swings a lot by income, as the receipt below shows.

Compare This College

Money

Tuition and room and board for the 2025-26 academic year

Average Net Price by Family Income

Family IncomeAverage Net Price
$0 to $30,000$17,145
$30,001 to $48,000$17,614
$48,001 to $75,000$19,161
$75,001 to $110,000$24,081
$110,001 and up$26,354
$10,112Tuition 2025-26, In-State
$31,683Tuition 2025-26, Out-of-State
$20,862Average Net Price
$10,350Room and Board 2025-26, On-Campus
$1,000Books and Supplies
$5,728Other Expenses
33.3%Students on Pell Grants
22.2%Students With Federal Loans

Admissions

44.5%Acceptance Rate
550 to 660SAT Reading, Middle Half
530 to 650SAT Math, Middle Half
20 to 29ACT, Middle Half

Outcomes

HorizonMedian Earnings
6 years after entry$63,617
8 years after entry$69,315
10 years after entry$71,723
55.2%Graduation Rate
77.0%Retention Rate
$13,892Median Debt at Graduation

Campus Facts

Socorro, NMLocation
Remote townSetting
995Undergraduate Enrollment
PublicControl

Programs and What They Pay

Each figure prints the sample size behind it. A college figure appears only when at least 30 graduates sit behind it; smaller programs show the national median for the major instead. Read Why We Show Sample Sizes.

MajorMedian EarningsMedian Debt
Biology$36,562 National median for this major n=68,911Not published
Business Administration, Management and Operations$55,206 National median for this major n=168,652Not published
Chemical Engineering$80,826 National median for this major n=8,603Not published
Chemistry$47,486 National median for this major n=10,597Not published
Civil Engineering$72,789 National median for this major n=15,339Not published
Computer Engineering$83,729 National median for this major n=11,252Not published
Computer Science$70,762 National median for this major n=44,537Not published
Computer Science$80,182 National median for this major n=35,263Not published
Electrical, Electronics, and Communications Engineering$82,431 National median for this major n=15,396Not published
Engineering-Related Fields$73,960 National median for this major n=1,712Not published
Environmental Conservation$40,925 National median for this major n=16,925Not published
Environmental/Environmental Health Engineering$68,044 National median for this major n=1,601Not published
Geological and Earth Sciences/Geosciences$45,534 National median for this major n=4,652Not published
Information Science/Studies$65,798 National median for this major n=10,113Not published
Liberal Arts$42,801 National median for this major n=38,048Not published
Materials Engineering$75,940 National median for this major n=1,055Not published
Mathematics$52,843 National median for this major n=13,762Not published
Mechanical Engineering$68,152 Small program - rough guide n=40$11,297 Small program - rough guide n=46
Mining and Mineral Engineering$84,934 National median for this major n=169Not published
Petroleum Engineering$91,915 National median for this major n=586Not published
Physical Sciences, General$49,783 National median for this major n=276Not published
Physics$52,079 National median for this major n=4,999Not published
Psychology$37,251 National median for this major n=100,431Not published
Rhetoric and Composition/Writing Studies$35,087 National median for this major n=7,289Not published

Explore Further

All Colleges in New Mexico Biology Business Administration, Management and Operations Chemical Engineering Chemistry Civil Engineering Computer Engineering Computer Science Computer Science Electrical, Electronics, and Communications Engineering Engineering-Related Fields Environmental Conservation Environmental/Environmental Health Engineering Geological and Earth Sciences/Geosciences Information Science/Studies Liberal Arts Materials Engineering Mathematics Mechanical Engineering Mining and Mineral Engineering Petroleum Engineering Physical Sciences, General Physics Psychology Rhetoric and Composition/Writing Studies