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Socorro, New Mexico

New Mexico Institute of Mining and Technology Tuition, Fees, Net Price and Financial Aid

Review New Mexico Institute of Mining and Technology tuition, fees, average net price after aid, attendance cost, financial aid signals and student outcomes from the local College Scorecard and IPEDS-derived dataset.

Out-of-state tuition

$26,312

Average net price after aid

$8,265

Total attendance cost

$22,872

Table of Contents

New Mexico Institute of Mining and Technology In-State vs Out-of-State Tuition Fees, Costs 2026

Use these cost cards as the first-pass money view before checking the detailed breakdown and official resources.

In-state tuition

$9,058

Out-of-state tuition

$26,312

Average net price

$8,265

Attendance cost

$22,872

New Mexico Institute of Mining and Technology Estimated Per-Semester Cost

Many tuition guides break annual costs into fall and spring estimates. The values below divide reported annual College Scorecard cost fields by two, so use them as planning estimates and verify the actual billing schedule with New Mexico Institute of Mining and Technology.

Tuition

Per semester: $13,156

Annual: $26,312

Room and board

Per semester: $4,807

Annual: $9,614

Books and supplies

Per semester: $400

Annual: $800

Other on-campus expenses

Per semester: $2,864

Annual: $5,728

Attendance cost

Per semester: $11,436

Annual: $22,872

New Mexico Institute of Mining and Technology Estimated Four-Year Cost

The estimates below multiply current reported annual values by four. They do not include future tuition increases, changes in housing, program fees, financial aid changes or personal expenses.

Four-year tuition estimate

$105,248

Four-year attendance estimate

$91,488

Four-year average net price

$33,060

In-State vs Out-of-State Tuition

New Mexico Institute of Mining and Technology is listed as Public in the local dataset. In-state tuition is $9,058 and out-of-state tuition is $26,312. Compare both values before estimating your bill, especially if residency status may affect pricing.

International Student and Private College Tuition Note

The local database lists New Mexico Institute of Mining and Technology as Public. Public colleges often use residency-based pricing, so international and nonresident students may face the out-of-state tuition rate. Verify residency, international student fees and aid eligibility directly with the school.

Room and Board / Total Attendance Cost

Separate mandatory fee data is not available in the local College Scorecard-derived table; use tuition, room/board, books, other expenses and attendance cost as the supported cost components.

Room and board, on campus

$9,614

Housing and meal estimate where reported.

Room and board, off campus

$9,614

Off-campus living estimate where reported.

Books and supplies

$800

Academic supply estimate.

Other expenses, on campus

$5,728

Personal and miscellaneous estimate.

Total attendance cost

$22,872

Use as the sticker-price baseline before aid.

Average Net Price After Aid

Based on available data, the average student at New Mexico Institute of Mining and Technology pays approximately $8,265 per year after grants and aid. This is below the New Mexico average of $11,878 and below the national average of $17,506.

Acceptance Rate and Outcomes

Acceptance Rate

53.96%

SAT Average

1,182

ACT Range

20-28

New Mexico Institute of Mining and Technology Acceptance Rate Trend

The current College Scorecard value in this local dataset is 53.96%. This means approximately 540 applicants were admitted per 1,000 who applied, based on the local dataset enrollment of 1,122 undergraduates. Historical year-by-year acceptance rate data will appear here after multi-year College Scorecard releases are imported.

Current dataset

53.96%

Current trend marker with historical import pending

Earlier releases Current

Tuition and Cost Breakdown

Accreditation

Higher Learning Commission

Institutional accreditor where reported.

In-state tuition

$9,058

National avg: $20,567

Out-of-state tuition

$26,312

National avg: $20,567

Attendance cost

$22,872

Use with aid and net price.

Average net price

$8,265

State avg: $11,878. National avg: $17,506.

Pell grant rate

30.87%

Federal need-based grant indicator.

Federal loan rate

35.14%

Share using federal loans.

What Does New Mexico Institute of Mining and Technology Cost?

Total cost of attendance vs average net price after grants and aid, based on the local College Scorecard dataset.

Tuition Room and board Books and supplies Other expenses Fees and remainder

Tuition

$26,312

Room and board

$9,614

Books and supplies

$800

Other expenses

$5,728

Fees and remainder

$0

Sticker price

$22,872

Average net price

$8,265

Average aid coverage

64%

$14,607 below sticker price on average

What You Pay

Based on available data, the average student at New Mexico Institute of Mining and Technology pays approximately $8,265 per year after grants and aid. This is below the New Mexico average of $11,878 and below the national average of $17,506.

How Affordable Is New Mexico Institute of Mining and Technology?

Average net price after grants and scholarships, compared to New Mexico and national averages.

New Mexico Institute of Mining and Technology net price

$8,265

New Mexico average

$11,878

National average

$17,506

New Mexico Institute of Mining and Technology Tuition and Net Price Trend

The current imported dataset shows tuition at $26,312 and average net price at $8,265. A multi-year trend chart will appear here after historical College Scorecard release tables are imported.

Current tuition

$26,312

Current net price

$8,265

Current out-of-state tuition $26,312
Current average net price $8,265

Current-year comparison is shown now; historical bars will replace this fallback once multi-year College Scorecard releases are imported.

Student Outcomes

Completion Rate (150% Time)

56.36%

Full-time, first-time students completing within 150% of normal time.

10-Year Earnings

$76,489

Undergraduates

1,122

10-Year Median Earnings - New Mexico Institute of Mining and Technology vs Peers

Median earnings 10 years after enrollment. Source: College Scorecard federal dataset.

New Mexico Institute of Mining and Technology graduates earn about 1.8x the national average 10 years after enrollment, based on schools with reported earnings data.

Who Attends New Mexico Institute of Mining and Technology?

Undergraduates

1,122

Completion rate

56.36%

Above national average; national avg: 52.02%

Pell recipients

30.87%

Below national average; national avg: 42.32%

Federal loan rate

35.14%

Below national average; national avg: 40.83%

Completion vs national average

Pell grant recipients

Federal loan usage

Financial Aid and Scholarships

About 30.87% of New Mexico Institute of Mining and Technology students receive federal Pell grants, indicating the share of students receiving this need-based aid in the local dataset. 35.14% take federal loans, which helps families understand borrowing patterns alongside net price.

Pell grant rate

30.87%

Federal loan rate

35.14%

Students with any loan

72.97%

Average net price

$8,265

Net Price by Income Bracket

Estimate Your Net Price at New Mexico Institute of Mining and Technology

Select a family income bracket to see the average net price students in that range paid. Data comes from College Scorecard income-bracket averages when available.

Estimated net price for :

This estimate is based on College Scorecard averages for students in this income range who received federal aid. Actual amounts vary. Use New Mexico Institute of Mining and Technology's official Net Price Calculator for a personalized figure.

Student Debt and Borrowing

Borrowing metrics help explain how students finance the gap between sticker price, aid and net price. Loans can make a bill payable, but they do not reduce the underlying cost like grants and scholarships.

Loan principal

$11,057

Median completer debt

$19,085

Median monthly payment

$202

Federal loan rate

35.14%

Debt and payment fields come from federal aid data where reported. Actual borrowing can vary by degree level, dependency status, aid package, family contribution and program costs.

Net Price Calculator

Use the official net price calculator for a personalized estimate. The averages on this page help with comparison, but your final price can change based on residency, aid eligibility, housing, program fees and scholarships.

Open New Mexico Institute of Mining and Technology Net Price Calculator

Financial Aid Application Steps

The sample guide uses step-by-step aid instructions. This version keeps the steps generic and accurate for the database, then points readers to official school and federal resources.

  1. 1. Complete the FAFSA when eligible

    Use the federal FAFSA form to start federal student aid eligibility. Some private or selective schools may require additional institutional forms.

    Open resource
  2. 2. Check school-specific aid requirements

    Open New Mexico Institute of Mining and Technology's official financial aid or admissions site to confirm whether CSS Profile, tax documents or institutional forms are required.

    Open resource
  3. 3. Use the net price calculator

    Compare the personalized estimate with the average net price and income-bracket values shown on this page.

    Open resource
  4. 4. Review grants, loans and payment deadlines

    Separate grant aid from loan financing and verify billing deadlines directly with the school before committing.

Payment Guide

Use these generic steps to review tuition, aid and billing before making an enrollment decision.

  1. 1. Confirm published tuition and fees

    Review New Mexico Institute of Mining and Technology's official tuition page and compare it with the tuition and attendance cost fields on this page.

  2. 2. Estimate net price after aid

    Use New Mexico Institute of Mining and Technology's official net price calculator when available, then compare the estimate with average net price and income-bracket data.

  3. 3. Review financial aid and payment options

    Check grants, scholarships, federal loans, payment plans and billing deadlines directly with the school before making enrollment decisions.

Institutional Cost Resources

These institutional context fields help explain how the school appears in the federal dataset beyond student-facing tuition. They are not a bill, but they add useful background for affordability research.

Endowment

$88,541,685

Faculty salary field

$9,806

Tuition revenue per FTE

$5,558

Instructional spend per FTE

$13,689

These fields come from federal institutional data and should be read as context, not as student charges.

Accreditation

New Mexico Institute of Mining and Technology lists Higher Learning Commission as its accreditor in the local dataset. Institutional accreditation is an important trust signal and can affect federal financial aid eligibility. Accreditation means an external agency has reviewed academic quality and institutional standards, which helps families verify whether federal aid pathways such as Pell grants and federal loans may apply.

Visit Accreditor

Campus Location and Contact

New Mexico Institute of Mining and Technology is listed at 801 Leroy Place, Socorro, NM 87801. Accreditor: Higher Learning Commission.

Address

801 Leroy Place
Socorro, NM 87801

Official website

Open school website

Admissions policy

Selective admissions policy reported

Open in Google Maps

Compare Schools

Compare New Mexico Institute of Mining and Technology with nationally comparable peer institutions across acceptance rate, tuition, net price and 10-year earnings. Click any school name to open its full profile.

New Mexico Institute of Mining and Technology
Accept. rate
53.96%
Tuition
$26,312
Net price
$8,265
10-yr earnings
$76,489
New Mexico Military Institute
Accept. rate
57.76%
Tuition
$14,042
Net price
$4,686
10-yr earnings
$57,410
New Mexico Highlands University
Accept. rate
Not available
Tuition
$12,180
Net price
$14,141
10-yr earnings
$45,937
University of the Southwest
Accept. rate
Not available
Tuition
$16,670
Net price
$19,969
10-yr earnings
$45,389
St. John's College
Accept. rate
49.46%
Tuition
$38,946
Net price
$24,351
10-yr earnings
$44,985

Frequently Asked Questions

How much is New Mexico Institute of Mining and Technology tuition?

New Mexico Institute of Mining and Technology out-of-state tuition in the local dataset is $26,312. In-state tuition is $9,058. Verify current tuition directly with the school before making enrollment decisions.

What is New Mexico Institute of Mining and Technology's average net price?

New Mexico Institute of Mining and Technology's average net price in the local dataset is $8,265. Net price reflects average cost after grants and scholarships where reported.

Does this page include all New Mexico Institute of Mining and Technology fees?

The local dataset supports tuition, room and board, books, other expenses, attendance cost, net price and aid fields. Separate mandatory fee data is not available for every school, so fees should be verified with New Mexico Institute of Mining and Technology.

What is New Mexico Institute of Mining and Technology's acceptance rate?

New Mexico Institute of Mining and Technology's acceptance rate in the local dataset is 53.96%.

How much is New Mexico Institute of Mining and Technology tuition?

New Mexico Institute of Mining and Technology's out-of-state tuition in the local dataset is $26,312.

What is New Mexico Institute of Mining and Technology's average net price?

New Mexico Institute of Mining and Technology's average net price in the local dataset is $8,265.

What is New Mexico Institute of Mining and Technology's average earnings 10 years after enrollment?

The local dataset reports 10-year median earnings of $76,489 for New Mexico Institute of Mining and Technology.

Is New Mexico Institute of Mining and Technology accredited?

New Mexico Institute of Mining and Technology's accreditor in the local dataset is Higher Learning Commission.

How many students attend New Mexico Institute of Mining and Technology?

The local dataset lists 1,122 undergraduate students at New Mexico Institute of Mining and Technology.

What percentage of New Mexico Institute of Mining and Technology students receive Pell grants?

The Pell grant rate for New Mexico Institute of Mining and Technology in the local dataset is 30.87%.

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

The federal loan rate for New Mexico Institute of Mining and Technology in the local dataset is 35.14%.

Where should I verify New Mexico Institute of Mining and Technology data?

Use this page for comparison, then verify admissions, tuition, net price and student outcomes directly with New Mexico Institute of Mining and Technology or the latest official federal education data.