Regional university
#6 Best value colleges in the West in AmericaNew Mexico Institute of Mining and Technology
Socorro, NM · Public · 4-year
Your real cost
Average price after aid $9,873 a year
Median debt at graduation: $19,085 (all students)
Estimate your own price · the college’s net price calculator
Rankings
Where this college places on our top lists. Lists are worked out from official data and our own research; places in the top quarter of each list are shown. See every list
In America
- Colleges with the best earnings for the price in America#11 of 681
- Best value colleges in America#15 of 674
- Colleges that pay for themselves fastest in America#15 of 598
- Most affordable colleges with strong academics in America#18 of 690
- Best value colleges in the West in America#6 of 103
- Lowest net price for middle-income families in America#67 of 682
Show 10 more
- Best small colleges in America#130 of 906
- Colleges with the most faculty per student in America#105 of 704
- Best colleges for business in America#255 of 1,563
- Best colleges for psychology in America#278 of 1,418
- Best colleges in America#363 of 1,829
- Best colleges for biology and pre-med in America#281 of 1,358
- Colleges with the lowest student debt in America#146 of 684
- Most selective colleges in America#150 of 683
- Best colleges for mathematics in America#276 of 1,215
- Best colleges for chemistry in America#281 of 1,162
In New Mexico
Academic Excellence
Each measure counts for the share shown.
- Graduation rate 35% of scoreThis measure counts for 35% of the Academic Excellence score.57%
- First-year retention 20% of scoreThis measure counts for 20% of the Academic Excellence score.77%
- Entering students' test scores 15% of scoreThis measure counts for 15% of the Academic Excellence score.SAT 1,207 · ACT 24.5
- Student-to-faculty ratio 15% of scoreThis measure counts for 15% of the Academic Excellence score.9 to 1
- Instructional spending per student 15% of scoreThis measure counts for 15% of the Academic Excellence score.$13,319
Bars show points on each measure’s scale. How Academic Excellence is computed.
Source: College Scorecard (College Scorecard, most recent cohorts (data release 06/10/2026))
What families pay, by income
Average yearly price after grants and scholarships, for students who receive federal aid.
| Family income | Price after aid |
|---|---|
| Up to $30,000 | |
| $30,001–$48,000 | |
| $48,001–$75,000 | |
| $75,001–$110,000 | |
| Over $110,000 |
Full cost of attendance before aid: $24,967 a year.
Use the college’s net price calculator for your own estimate.
Cost and value
Federal data: what families pay after aid, what graduates earn, and what they owe.
| Undergraduate students Fall enrollment (IPEDS) | 1,227 |
|---|---|
| Men and women Undergraduates, fall 2023 (College Scorecard) | Men 72% · Women 28% |
| First-generation students Share of students who are first-generation, by the College Scorecard’s definition | 26% |
| First-year students from another state Of first-time students whose home is a U.S. state, fall 2023 (IPEDS) | 2% |
| Total students | 1,713 |
| Average net price (per year) After grants and scholarships, for students receiving federal aid | $9,873 |
| Cost of attendance (per year) | $24,967 |
| Median federal debt at graduation | $19,085 |
| Graduation rate First-time, full-time students finishing within 150% of normal time | 57% |
| Graduation rate for Pell grant recipients Finishing within 6 years (College Scorecard) | 43% |
| Graduation rate for first-generation students Finishing within 6 years (College Scorecard) | 39% |
| Borrowers paying down their loans within 3 years Borrowers who repaid at least $1 of principal within 3 years (College Scorecard) | 73% |
| First-year retention | 77% |
| Median earnings 10 years after entry | $76,489 |
| Admission rate | 44% |
| Application fee Undergraduate application fee, 2023–24 (IPEDS) | $15 |
| Students receiving Pell grants | 30% |
| Average SAT | 1207 |
|---|---|
| SAT reading & writing | 550–660 |
| SAT math | 530–650 |
| ACT composite | 20–29 |
| Test policy | Required |
Value: Exceptional · Top 2% (how it’s computed)
Sources: College Scorecard · IPEDS College Navigator · Net price calculator
College Scorecard, most recent cohorts (data release 06/10/2026); IPEDS 2024-25 directory and institutional characteristics; fall 2023 enrollment.
Earnings by major
Median earnings of bachelor’s graduates a few years after finishing, by major (College Scorecard).
| Major | Median earnings |
|---|---|
| Electrical engineering | |
| Mechanical engineering | |
| Computing and information science | |
| Petroleum Engineering | |
| Chemical Engineering | |
| Biology |
Also offered (no earnings published yet): Business administration, Chemistry, Civil engineering, Computer science, Engineering-Related Fields, Environmental/Environmental Health Engineering, Geology and earth science, Information science, Liberal arts, Materials Engineering, Mathematics, Mining and Mineral Engineering, Natural resources and conservation, Physical Sciences, Physics, Psychology, Writing and rhetoric.
What students study most
Share of bachelor’s degrees by field, first majors in 2023–24 (IPEDS).
| Field | Share of degrees |
|---|---|
| Engineering | |
| Computer and information sciences | |
| Physical sciences | |
| Biology | |
| Mathematics and statistics |
Campus life
| Setting | Town |
|---|---|
| Part-time undergraduates | 5% |
| Undergraduates aged 25 and older | 13% |
| On-campus room and board (per year) | $10,350 |
| Study abroad | Offered |
| Students per faculty member | 9 to 1 |
| Faculty who are full-time | 83%Of instructional faculty, fall 2023 (College Scorecard) |
| Endowment per student | $59,825Endowment at the end of fiscal year 2023, per full-time-equivalent student (IPEDS) |
| Dorm space | For about 66% of studentsCampus beds divided by undergraduate enrollment. Not how many students live on campus (IPEDS) |
| Nearest airport with scheduled flights | Albuquerque International Sunport (ABQ)About 69 miles away in a straight line (OurAirports) |
| Town population | 8,4812020–2024 five-year estimate (U.S. Census Bureau) |
| Nearest city of 250,000 people or more | AlbuquerqueAbout 73 miles away in a straight line (U.S. Census Bureau) |
| Average temperature in January | 38°F1991–2020 normal, from SOCORRO, NM US, about 1 miles away (NOAA) |
| Average temperature in July | 77°F1991–2020 normal, from SOCORRO, NM US, about 1 miles away (NOAA) |
Federal data (IPEDS and College Scorecard).
Campus safety reports
On-campus crimes reported in 2024, per 1,000 students.
| Category | This campus | U.S. rate |
|---|---|---|
| Rape | 0.00 | 0.07 |
| Robbery | 0.00 | 0.01 |
| Aggravated assault | 1.23 | 0.04 |
| Burglary | 1.85 | 0.08 |
| Motor vehicle theft | 0.62 | 0.15 |
Numbers reflect what each campus reported. They differ with campus size and how reporting is done, so compare with care. U.S. rate: total reported offenses divided by total students at every institution in the report.
Questions families ask
- What is New Mexico Institute of Mining and Technology’s Compass Score?
- Excellent (grade A-). It ranks in the top 20% of rated colleges. The grade comes from outcomes (40%: graduation, retention and earnings), entering students (40%: test scores and selectivity), cost (15%: debt and price after aid) and teaching (5%: class size), all from federal data.
- How much does New Mexico Institute of Mining and Technology cost after financial aid?
- The average net price is $9,873 a year for students who receive federal aid, after grants and scholarships. What your family pays depends on income; the college’s net price calculator gives your own estimate.
- How hard is it to get into New Mexico Institute of Mining and Technology?
- New Mexico Institute of Mining and Technology admitted 44% of applicants in the most recent federal data.
- How do New Mexico Institute of Mining and Technology’s graduates do?
- 57% of first-time, full-time students graduate within six years; the median earnings of former students ten years after entry are $76,489; the median federal debt at graduation is $19,085.
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About this school’s data
- IPEDS unit ID 187967
- Carnegie classification: Master's university (small programs)
- Accreditation: Higher Learning Commission (U.S. Department of Education DAPIP)
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