New Mexico Institute of Mining and Technology

Socorro, NM · Public · offers Graduate degrees

Remote town

44%Acceptance rate
$9,873Average net price / year
57%Graduation rate
$76,489Median earnings 10 yrs after entry
$19,085Median debt at graduation
995Undergraduates

Cost

In-state tuition & fees
$9,476
Out-of-state tuition
$27,247
Total cost of attendance
$24,967
Room & board
$10,350
Books & supplies
$800
Average net price
$9,873

Net price by family income

$0–30k
$5,136
$30–48k
$7,640
$48–75k
$10,106
$75–110k
$14,753
$110k+
$13,464

Official net price calculator

Admissions

Acceptance rate
44.5%
Average SAT
1207
SAT reading (25–75%)
550–660
SAT math (25–75%)
530–650
ACT composite (25–75%)
20–29

Outcomes

Graduation rate
57%
First-year retention
77%
Median earnings (6 yrs)
$54,530
Median earnings (10 yrs)
$76,489
Median debt (graduates)
$19,085
3-year loan default rate
0.0%
Students with Pell grants
30%
Students with federal loans
31%

Programs: what graduates earn

8 of 61 programs have published earnings or debt data. Earnings are median salaries of graduates one year after completing the program (or the latest available year).

Bachelor's degree

ProgramGraduatesEarningsMedian debt
Electrical, Electronics, and Communications Engineering18$73,300$15,981
Mechanical Engineering50$57,424$19,500
Chemical Engineering20$57,215$15,000
Petroleum Engineering11$42,325$24,000
Computer and Information Sciences, General2$95,750$16,918
Biology, General23$48,211—

Master's degree

Students

Undergraduates
995
Graduate students
677
Part-time
5%
Women / men
28% / 72%
White
46%
Hispanic
41%
Black
1%
Asian
2%
International
3%

Faculty & school

Student–faculty ratio
9:1
Avg faculty salary
$92,376 / year
Full-time faculty
83%
Accreditor
Higher Learning Commission
Website
www.nmt.edu
Also known as
New Mexico Tech

Most popular fields

  • Natural Resources & Conservation – 1% of degrees
  • Computer & Information Sciences – 17% of degrees
  • Engineering – 46% of degrees
  • Engineering Technologies – 0% of degrees
  • English – 1% of degrees
  • Liberal Arts & General Studies – 2% of degrees

Frequently asked questions

What is the acceptance rate at New Mexico Institute of Mining and Technology?

44.5% of applicants were admitted, and admitted students averaged 1207 on the SAT.

How much does New Mexico Institute of Mining and Technology cost?

The average net price after grants is $9,873 per year; in-state tuition and fees are $9,476 and the full cost of attendance is $24,967.

How much do New Mexico Institute of Mining and Technology graduates earn?

Students who enrolled earn a median of $76,489 ten years later. See the program table above for salaries by major.

What is the graduation rate?

57% of first-time, full-time students graduate within 150% of normal time.

Source: U.S. Department of Education College Scorecard, June 2026 release.