New Mexico Institute of Mining and Technology

Socorro, NM · Public · Graduate degree-granting

A public institution in Socorro, New Mexico, accredited by the Higher Learning Commission, New Mexico Institute of Mining and Technology serves students across multiple degree programs. With 995 students, it is a small institution. Graduates earn a median of $76,489 ten years after enrollment, which is 88% above the national median of $40,747. The graduation rate is 56.8%. On the financial side, median graduate debt is $19,085, yielding an earnings-to-debt ratio of 4.01x. The average net price after financial aid is $9,873 per year. The most popular programs include Mechanical Engineering, Computer Science, Biology, Chemical Engineering, and Electrical Engineering.

Key Outcomes

Median Earnings (10yr)
$76,489
Graduation Rate
56.8%
Median Debt
$19,085
Average Net Price
$9,873
Earnings-to-Cost Ratio
1.94x
Earnings-to-Debt Ratio
4.01x

Admissions & Enrollment

Total Enrollment
995
Admission Rate
44.5%
Average SAT
1207
Retention Rate
77.0%

Cost

In-State Tuition
$9,476
Out-of-State Tuition
$27,247
Pell Grant Rate
29.5%
Federal Loan Rate
31.2%

Net Cost by Family Income

Income $0–$30K
$5,136
Income $30K–$48K
$7,640
Income $48K–$75K
$10,106
Income $110K+
$13,464

Student Demographics

Women
25.5%
White
45.8%
Black
1.0%
Hispanic
40.6%
Asian
2.0%
Two or More Races
3.2%

Student Loan Performance

Repayment Rate (3yr)
72.7%

Accreditations

Programs (46)

Bachelor (18)

Program Median Earnings Completers
Mechanical Engineering $98,213 50
Computer Science Not reported 32
Biology $48,211 23
Chemical Engineering $85,900 20
Electrical Engineering $117,813 18
Materials Engineering Not reported 12
Civil Engineering Not reported 11
Petroleum Engineering $95,234 11
Mathematics Not reported 9
Physics Not reported 9
Psychology Not reported 8
Chemistry Not reported 7
Mining and Mineral Engineering Not reported 4
Engineering-Related Fields Not reported 4
Liberal Arts & Sciences Not reported 4
Physical Sciences Not reported 4
Environmental Engineering Not reported 3
Computer & Information Sciences $95,750 2

Master (11)

Program Median Earnings Completers
Mechanical Engineering Not reported 23
Mining and Mineral Engineering Not reported 10
Engineering-Related Fields Not reported 10
Geological Sciences Not reported 10
Computer Science Not reported 8
Secondary Education $70,333 7
Chemical Engineering Not reported 6
Biology Not reported 6
Petroleum Engineering Not reported 5
Electrical Engineering Not reported 4
Intelligence, Command Control and Information Operations Not reported 3

Doctoral (1)

Program Median Earnings Completers
Chemistry Not reported 3

Associate (1)

Program Median Earnings Completers
Liberal Arts & Sciences Not reported 3

Graduate Certificate (2)

Program Median Earnings Completers
Teacher Education Not reported 3
Intelligence, Command Control and Information Operations Not reported 3
Show 13 additional programs with limited data
Program Level Completers
Civil Engineering Master 2
Mechanical Engineering Doctoral 2
Rhetoric & Composition Bachelor 2
Mathematics Master 2
Applied Mathematics Doctoral 2
Geological Sciences Bachelor 2
Geological Sciences Doctoral 2
Geological Sciences Graduate Certificate 2
Computer Science Doctoral 1
Materials Engineering Master 1
Materials Engineering Doctoral 1
Engineering-Related Fields Graduate Certificate 1
Chemistry Master 1

Rankings Featuring This Institution

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