New Mexico Institute of Mining and Technology
Socorro, NM
School Background
2022 Undergraduate Enrollment: 1,201
Graduate Enrollment: 490
Master's Colleges & Universities: Small Programs
Highest degree awarded:
Graduate
Hispanic focused instituion
Religious Affiliation:
None
Campus Details
Town: Remote (in urban cluster more than 35 miles from an urbanized area)
Four-year, small, highly residential
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full-time, selective, lower transfer-in
Applicant and Admittance Traits
2022 Admission Rate: 96.72%
Male/Female: 75% / 25% (2017)
First generation college students: 26.3% (2017)
Percentage of students who are married when enrolled: 2.4% (2017)
Percentage of students who are veterans: 3.3% (2009)
Test scores for admission: Required
Appliants applying to 2+ schools: 57.8% (2017)
Appliants applying to 3+ schools: 31.6% (2017)
Appliants applying to 4+ schools: 19.8% (2017)
Appliants applying to 5+ schools: 13.0% (2017)
Ethnicity Information
White: 47.1%
Black: 0.7%
Hispanic: 40.1%
Asian: 3.2%
American Indian/Alaska Native: 3.8%
Native Hawaiian/Pacific Islander: 0.2%
2+ races: 3.1%
Non-resident alien: 1.1%
Unknown race: 0.8%
Black: 0.7%
Hispanic: 40.1%
Asian: 3.2%
American Indian/Alaska Native: 3.8%
Native Hawaiian/Pacific Islander: 0.2%
2+ races: 3.1%
Non-resident alien: 1.1%
Unknown race: 0.8%
Costs & Fees
2022 Average Tuition & Fees (Room/Board/Books): $20,876
In-State tuition: $8,425Out-of-State tuition: $24,254
Estimated books and supplies: $800 (2022)
Estimated on-campus room & board: $8,518 (2022)
Estimated on-campus other fees: $3,450 (2022)
Estimated off-campus room & board: $8,518 (2022)
Estimated off-campus other fees: $3,450 (2022)
Average Family Income: $64,525 (2017)
Median Family Income: $39,182 (2017)
Scholarships & Financial Aid
Percentage of students receiving Pell Grant: 33.0%Percentage of students with Federal Loans: 45.3%
Median federal loan debt at graduation: $19,085 (2021)
Median federal loan payment: $202 (2021)
| Household Income | Net Cost |
|---|---|
| 0-$30k | $7,320 |
| $30k-48k | $7,566 |
| $48k-75k | $11,039 |
| $75k-110k | $15,085 |
| $110k+ | $16,229 |
Graduate Outcomes & Job Placements
4-year graduation rate: 31%6-year graduation rate: 55%
1 year post-graduation workforce participation: 92.8% (2020)
Loans
Median federal debt for graduates: $19,085 (2021)Median federal debt for non-graduates: $5,560 (2021)
Median federal debt for first-generation graduates: $11,006 (2021)
Median federal debt for Pell grant recipient graduates: $13,500 (2021)
Ability to Repay Loans
| Graduates, % of Loans in Repayment (Non-delinquent/default) |
Percentage |
|---|---|
| @1 Year | 84.6% (2015) |
| @3 year | 88.2% (2017) |
| @5 year | 82.1% (2017) |
1-year Graduate % of Loans being Repaid (Non-delinquent/default) - Pell Grant Recipients: 62.6% (2015)
1-year Graduate % of Loans being Repaid - 1st Generation Attendees: 64.3% (2015)
Earnings Power
Median earnings, 1 year post graduation: $61,201 (2020)Median earnings, 4 years post graduation: $75,001 (2020)
Popular Majors
| Type of Degree | Major | 2022 Graduates | Median Federal Debt | Median Monthly Payment | 1yr Median Earnings (monthly gross) | 4yr Median Earnings (monthly gross) |
|---|---|---|---|---|---|---|
| Doctoral Degree | Biotechnology. | 1 | ||||
| Bachelor's Degree | Mathematics. | 10 | ||||
| Master's Degree | Mathematics. | 5 | ||||
| Bachelor's Degree | Physical Sciences. | 7 | ||||
| Bachelor's Degree | Chemistry. | 2 | ||||
| Master's Degree | Chemistry. | 2 | ||||
| Doctoral Degree | Chemistry. | 2 | ||||
| Bachelor's Degree | Geological and Earth Sciences/Geosciences. | 5 | ||||
| Master's Degree | Geological and Earth Sciences/Geosciences. | 13 | ||||
| Doctoral Degree | Geological and Earth Sciences/Geosciences. | 3 | ||||
| Graduate/Professional Certificate | Geological and Earth Sciences/Geosciences. | 1 | ||||
| Bachelor's Degree | Physics. | 14 | ||||
| Doctoral Degree | Physics. | 1 | ||||
| Bachelor's Degree | Psychology, General. | 5 | ||||
| Graduate/Professional Certificate | Criminal Justice and Corrections. | 1 | ||||
| Associate's Degree | Business Administration, Management and Operations. | 2 | ||||
| Bachelor's Degree | Computer Science. | 25 | ||||
| Master's Degree | Computer Science. | 12 | ||||
| Master's Degree | Teacher Education and Professional Development, Specific Subject Areas. | 15 | $54,618 ($4,552) | |||
| Bachelor's Degree | Chemical Engineering. | 37 | $14,250 | $159 | $48,847 ($4,071) | |
| Bachelor's Degree | Civil Engineering. | 11 | ||||
| Bachelor's Degree | Electrical, Electronics and Communications Engineering. | 18 | $15,981 | $169 | $57,632 ($4,803) | |
| Master's Degree | Electrical, Electronics and Communications Engineering. | 5 | ||||
| Bachelor's Degree | Environmental/Environmental Health Engineering. | 4 | ||||
| Master's Degree | Environmental/Environmental Health Engineering. | 4 | ||||
| Bachelor's Degree | Materials Engineering | 13 | ||||
| Master's Degree | Materials Engineering | 8 | ||||
| Bachelor's Degree | Mechanical Engineering. | 73 | $19,500 | $207 | $69,469 ($5,789) | $90,393 ($7,533) |
| Master's Degree | Mechanical Engineering. | 24 | ||||
| Bachelor's Degree | Mining and Mineral Engineering. | 5 | ||||
| Master's Degree | Mining and Mineral Engineering. | 11 | ||||
| Bachelor's Degree | Petroleum Engineering. | 27 | $28,756 | $254 | $72,440 ($6,037) | $83,781 ($6,982) |
| Master's Degree | Petroleum Engineering. | 9 | ||||
| Doctoral Degree | Petroleum Engineering. | 1 | ||||
| Bachelor's Degree | Engineering-Related Fields. | 2 | ||||
| Master's Degree | Engineering-Related Fields. | 3 | ||||
| Bachelor's Degree | Rhetoric and Composition/Writing Studies. | 7 | ||||
| Associate's Degree | Liberal Arts and Sciences, General Studies and Humanities. | 2 | ||||
| Bachelor's Degree | Liberal Arts and Sciences, General Studies and Humanities. | 2 | ||||
| Bachelor's Degree | Biology, General. | 14 | ||||
| Master's Degree | Biology, General. | 2 |
Campus Resources
Average faculty salary: $81,747Full time faculty: 79%
Undergraduate student-to-faculty ratio: 10.0
School's endowment start of year: $61,109,894 (2022)
School's endowment end of year: $84,623,996 (2022)