Colleges / New Mexico Institute of Mining and Technology
College · Public · Socorro, NM · Town
NMI

New Mexico Institute of Mining and Technology

Socorro, NM

Hispanic-serving
Address801 Leroy Place, Socorro, NM 87801
Price calculatorRun your numbers →
Admit rate44%
6-yr median pay$55k
Net price / yr$10k
Undergrad size995
§ I · The real read

What it's actually like.

The bet

Net price of $10k/yr for a shot at a $55k first-5-year salary. Math out whether that works for you — it does for some people, not for others.

Getting in

Admit rate of 44% means this is selective — grades, essays, and testing matter. Admitted students average SAT 1207 · ACT 26.

If you get in

995 undergrads. Tiny. Every professor will know your name.

Where you live

Town setting — self-contained, social life mostly on campus.

§ II · Cost & aid

Sticker vs. real.

Sticker cost of attendance is $25k/yr. After need-based aid, the average student pays $10k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.

Sticker · 4 yrs$100k
Before any aid.
Net · 4 yrs$39k
What the average student pays.
Typical aid$60k
Difference over 4 years — higher for lower-income households.
Payback0.7x
4-yr net price ÷ first-5-year salary. Lower is better.

Where the money goes · annual sticker.

Tuition · in-state
$9.5k
Tuition · out-of-state
$27.2k
Room & board
$10.3k
Books & supplies
$800

How students pay for it.

Pell grants30%
Share of undergrads on federal Pell grants.
Federal loans31%
Share taking out federal student loans.
Median debt · grads$19k
What the median student owes at graduation. Non-completers: $6k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes

Do people finish? Do they land?

1-yr retention77%
Watch this number.
Graduation · 6 yr57%
A meaningful chunk do not finish — ask why.
6-yr median pay$55k
Cross-major. Your major's number can be very different.
10-yr median pay$76k
Ten years out — where grads tend to land career-wise.
Transfer out30%
Share of full-time students who transfer to another school.
§ IV · Campus & identity

Setting, size, and who this school is.

Setting
Town
Control
Public
Undergrad size
995
Location
Socorro, NM
Region
Southwest (AZ, NM, OK, TX)
Carnegie class
Master's Colleges & Universities: Smaller Programs
Size & setting
Four-year · small · highly residential
Undergrad program
Four-year · full-time, selective, lower transfer-in
Accreditor
Higher Learning Commission
Also known as
New Mexico Tech
Identity
Hispanic-serving
§ · Who studies here

The student body at a glance.

  • White46%
  • Hispanic41%
  • American Indian / Alaska Native4%
  • Two or more races3%
  • International3%
  • Asian2%
  • Black1%
First-gen students26%
Share whose parents didn't complete college.
Part-time5%
Mostly a full-time student body.
Median family income$39k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 23

What you can study.

Colleges / New Mexico Institute of Mining and Technology
College · Public · Socorro, NM · Town
NMI

New Mexico Institute of Mining and Technology

Socorro, NM

Hispanic-serving
Address801 Leroy Place, Socorro, NM 87801
Price calculatorRun your numbers →
Admit rate44%
6-yr median pay$55k
Net price / yr$10k
Undergrad size995
§ I · The real read

What it's actually like.

The bet

Net price of $10k/yr for a shot at a $55k first-5-year salary. Math out whether that works for you — it does for some people, not for others.

Getting in

Admit rate of 44% means this is selective — grades, essays, and testing matter. Admitted students average SAT 1207 · ACT 26.

If you get in

995 undergrads. Tiny. Every professor will know your name.

Where you live

Town setting — self-contained, social life mostly on campus.

§ II · Cost & aid

Sticker vs. real.

Sticker cost of attendance is $25k/yr. After need-based aid, the average student pays $10k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.

Sticker · 4 yrs$100k
Before any aid.
Net · 4 yrs$39k
What the average student pays.
Typical aid$60k
Difference over 4 years — higher for lower-income households.
Payback0.7x
4-yr net price ÷ first-5-year salary. Lower is better.

Where the money goes · annual sticker.

Tuition · in-state
$9.5k
Tuition · out-of-state
$27.2k
Room & board
$10.3k
Books & supplies
$800

How students pay for it.

Pell grants30%
Share of undergrads on federal Pell grants.
Federal loans31%
Share taking out federal student loans.
Median debt · grads$19k
What the median student owes at graduation. Non-completers: $6k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes

Do people finish? Do they land?

1-yr retention77%
Watch this number.
Graduation · 6 yr57%
A meaningful chunk do not finish — ask why.
6-yr median pay$55k
Cross-major. Your major's number can be very different.
10-yr median pay$76k
Ten years out — where grads tend to land career-wise.
Transfer out30%
Share of full-time students who transfer to another school.
§ IV · Campus & identity

Setting, size, and who this school is.

Setting
Town
Control
Public
Undergrad size
995
Location
Socorro, NM
Region
Southwest (AZ, NM, OK, TX)
Carnegie class
Master's Colleges & Universities: Smaller Programs
Size & setting
Four-year · small · highly residential
Undergrad program
Four-year · full-time, selective, lower transfer-in
Accreditor
Higher Learning Commission
Also known as
New Mexico Tech
Identity
Hispanic-serving
§ · Who studies here

The student body at a glance.

  • White46%
  • Hispanic41%
  • American Indian / Alaska Native4%
  • Two or more races3%
  • International3%
  • Asian2%
  • Black1%
First-gen students26%
Share whose parents didn't complete college.
Part-time5%
Mostly a full-time student body.
Median family income$39k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 23

What you can study.