New Mexico Institute of Mining and Technology

Socorro, NM

publicMaster's Colleges & Universities: Small Programs

Safety

B

ROI

A+

New Mexico Institute of Mining and Technology is a small public master's university located in Socorro, New Mexico, with an undergraduate enrollment of 995. The institution offers master's-level programs across multiple professional and academic fields alongside its undergraduate curriculum, serving students seeking advanced credentials in applied disciplines. As a public institution primarily funded through state appropriations and federal grants, it operates within the broader New Mexico postsecondary education landscape and is regionally accredited, making its credits and degrees eligible for federal financial aid. With a 44% acceptance rate, admission is moderately selective. Admission is competitive but accessible, with 44% of applicants receiving offers each year. Net price for families earning \$48,001–$75,000 averages $10,106 per year. Families earning under $30,000 average $5,136/year — substantially lower. The highest program-level earnings outcomes are in CIP 00 — 10-year median earnings among aid recipients in these fields reach $70,333. The 4-year graduation rate is 57%, 12 percentage points above the national average of 45%. Among students who received federal financial aid, 10-year median earnings are $76,489.

Acceptance Rate

44.5%

Avg Net Price

$9,873

6-yr Grad Rate

60.0%

Earnings 10yr

$76,489

The Numbers

Admissions

Acceptance Rate
44.5%
SAT Range
1080–1310
ACT Range
20–29
Enrollment
995
Student:Faculty
9:1

Costs & Outcomes

In-State Tuition
$9,476
Out-of-State Tuition
$27,247
Room & Board
$10,350
Students Receiving Aid
29.5%
Median Debt at Grad

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Data from U.S. Department of Education (IPEDS, College Scorecard, Clery Act), Bureau of Labor Statistics, and FIRE. Updated annually. Not affiliated with New Mexico Institute of Mining and Technology.