New Mexico Institute of Mining and Technology, NM

Public 4-Year • Small • Highly Residential Master's College and University Very Selective • High Transfer-In Main Campus
place
801 Leroy Place, Socorro, NM 87801
phone
(800) 428-8324
phonelink

New Mexico Institute of Mining and Technology Rankings

Affordability77
Selectivity63
Retention37
Graduation4
Earnings59
Diversity67
1 ← Poor Great → 100

Academics

Academics at New Mexico Institute of Mining and Technology

83% Bachelor’s
17% Associate’s
- Certificate
Grad Highest Degree

Share of Graduates by Field of Study

Biological and Biomedical Sciences8%
Computer and Information Sciences8%
Engineering62%
Engineering Technologies1%
English Language and Literature1%
Liberal Arts and Sciences, Humanities1%
Mathematics and Statistics5%
Natural Resources and Conservation<1%
Physical Sciences12%
Psychology1%

Admissions

Getting into New Mexico Institute of Mining and Technology

23% Admission Rate
665 Median SAT Math
640 Median SAT Reading
26 Median ACT Composite

Typical Test Scores

SAT Math (25–75%)620–710
200 800
SAT Reading (25–75%)590–690
200 800
ACT Composite (25–75%)23–29
1 36

Cost

Cost of Attending New Mexico Institute of Mining and Technology

$8K In-State Tuition
$22K Out-of-State Tuition
$21K Average Total Cost
$14K Average Net Cost

Average Net Price by Family Income

Family Income School NM US
$0–$30K $10K $11K $14K
$30K–$48K $11K $12K $15K
$48K–$75K $15K $14K $17K
$75K–$110K $16K $15K $19K
>$110K $17K $16K $21K

Debt

Typical Debt after New Mexico Institute of Mining and Technology

47% Receive Federal Loans
$12K Median Federal Debt
73% Repayment Rate
$199 Median Payment

Received Financial Aid

Family Income School NM US
$0–$30K 39% 61% 57%
$30K–$48K 16% 18% 16%
$48K–$75K 13% 11% 12%
$75K–$110K 16% 6% 9%
>$110K 16% 6% 11%

Student Debt

Category School NM US
The median debt for family income between $0–$30K $12K $11K $11K
The median debt for family income between $30K–$75K $12K $11K $12K
The median debt for students with family income >$75K $13K $10K $12K
The median debt for Pell students $13K $11K $12K
The median debt for no-Pell students $11K $9K $11K
Cumulative loan debt at the 90th percentile $31K $28K $25K
Cumulative loan debt at the 75th percentile $24K $19K $18K
Cumulative loan debt at the 25th percentile $6K $5K $6K
Cumulative loan debt at the 10th percentile $3K $3K $3K

Repayment Rates

Period School NM US
1-year after entering repayment 66% 36% 43%
3-years after entering repayment 73% 41% 46%
5-years after entering repayment 83% 46% 50%
7-years after entering repayment 85% 54% 55%

Completion

Completion Rates at New Mexico Institute of Mining and Technology

76% Retention Rate
- Transfer Rate
22% Withdrawal Rate
52% Graduation Rate

Graduation Rates by Time Taken

Time Taken School NM US
Within 4 Years 24% 23% 38%
Within 6 Years 52% 39% 55%
Within 8 Years 52% 39% 56%

Graduation Rates by Ethnicity

Ethnicity and Nativity School NM US
Asian 57% 48% 53%
Black 50% 24% 39%
Caucasian 57% 36% 52%
Hispanic or Latino 54% 36% 47%
Native American or Alaskan Native 33% 29% 40%
Non-US citizens/residents 50% 36% 50%
Two or more races 56% 41% 44%
Other race 100% 39% 44%

Outcomes

Outcomes after New Mexico Institute of Mining and Technology

90% Employment Rate
$44K Median Salary
$24K 25 Pctl Salary
$68K 75 Pctl Salary

Employment over Time

Period School NM US
Employed 6 years after enrollment 90% 82% 85%
Employed 7 years after enrollment 92% 81% 84%
Employed 8 years after enrollment 85% 82% 84%
Employed 9 years after enrollment 89% 81% 83%
Employed 10 years after enrollment 87% 80% 83%

Distribution of Earnings after Graduation

Percentile School NM US
10th percentile of earnings $6K $5K $7K
25th percentile of earnings $24K $13K $17K
50th percentile of earnings $44K $25K $29K
75th percentile of earnings $68K $38K $43K
90th percentile of earnings $78K $55K $57K

Median Earnings over Time

Period School NM US
Earnings 6 years after enrollment $44K $25K $29K
Earnings 8 years after enrollment $52K $29K $32K
Earnings 10 years after enrollment $50K $31K $35K

Students

Students at New Mexico Institute of Mining and Technology

1,333 Undergraduates
83% Full-time Undergrads
21 Avg Entry Age
483 Graduate Students

Enrollment by Gender

Gender School NM US
Female degree-seeking undergraduates 28% 66% 64%
Male degree-seeking undergraduates 72% 34% 35%

Enrollment by Race and Nativity

Race and Nativity School NM US
Asian 3% 1% 4%
Black 2% 4% 18%
Caucasian 52% 26% 49%
Hispanic or Latino 32% 46% 18%
Native American or Alaskan Native 4% 15% 1%
Native Hawaiian or Pacific Islander <1% <1% <1%
Non-US citizens/residents 2% 2% 2%
Two or more races 4% 2% 3%
Other race 1% 4% 4%

Enrollment by Family Income

Family Income School NM US
$0–$30K 29% 49% 43%
$30K–$48K 19% 23% 18%

Location Map

Nearby Colleges

Colleges near New Mexico Institute of Mining and Technology, NM