About New Mexico Institute of Mining and Technology
The financial picture looks promising for families willing to invest in technical education. Students pay an average net price of $8,265 after aid, while families earning under $30,000 pay just $3,970. Graduates earn a median of $76,489 ten years after leaving school, making the typical debt load of $19,085 manageable with monthly payments around $202. The 94% employment rate reflects strong industry connections and demand for Tech graduates.
Men outnumber women at 71% to 29%, typical for engineering schools. About 41% of students are Hispanic and 86% come from New Mexico, creating a tight-knit community where everyone knows the campus traditions. The 56% six-year graduation rate reflects the challenging coursework, but those who persist join the ranks of well-paid technical professionals.
Academics & Faculty
Source: College Scorecard / U.S. Department of Education
- Student-to-Faculty Ratio
- 10:1
- Full-Time Faculty
- 81.0%
- Graduation Rate (4-year)
- 55.6%
- Graduation Rate (6-year)
- 56.4%
- Retention Rate
- 76.9%
- Median Earnings (10 years)
- $76,489
- Carnegie Classification
- Master's University (Small)
Popular Programs by Earnings
| Program | Level | Median Earnings |
|---|---|---|
| Petroleum Engineering. | Bachelor | $75,204 |
| Mechanical Engineering. | Bachelor | $66,045 |
Campus Life
With 71% male enrollment, the gender ratio skews heavily toward men in this engineering-focused environment. The small size means the 10:1 student-faculty ratio translates to actual relationships with professors. Weekends often involve outdoor activities like hiking in the nearby mountains or exploring old mining sites. Students blow off steam at the annual 49ers celebration and participate in underground research projects. The isolation builds strong bonds among students who share late nights in labs working on explosive research or robotics projects. Many students embrace the quirky culture of a place where building rockets or studying earthquakes counts as normal weekend activities.
- Setting
- Town-Remote
- Housing Capacity
- 807 beds
- Calendar System
- Semester
- Study Abroad
- Available
- Founded
- 1889
Campus Safety (2023)
6 total reported incidents. Source: Clery Act / U.S. Department of Education
| Offense | On Campus | Residential | Noncampus | Public Property |
|---|---|---|---|---|
| Dating Violence | 1 | 1 | 0 | 0 |
| Domestic Violence | 1 | 1 | 0 | 0 |
| Stalking | 2 | 0 | 0 | 0 |
Climate & Weather
- January Avg
- 21°–52°F
- July Avg
- 60°–90°F
- Annual Precipitation
- 16.6"
- Annual Snowfall
- 15.9"
Student Demographics
- Men
- 71.4%
- Women
- 28.6%
- White
- 45.3%
- Black
- 0.7%
- Hispanic
- 41.2%
- Asian
- 2.5%
- In-State Students
- 85.9%
- Pell Grant Recipients
- 30.9%
Location
- Address
- Socorro, New Mexico 87801
After College
Source: College Scorecard / U.S. Department of Education
- Median Earnings (10 years)
- $76,489
- Median Earnings (5 years)
- $83,712
- Mean Earnings (6 years after entry)
- $49,000
- Loan Repayment Rate
- 72.7%
- Monthly Loan Payment
- $202/mo
- Median Debt at Graduation
- $19,085
Frequently Asked Questions
What is the acceptance rate at New Mexico Institute of Mining and Technology?
New Mexico Tech admits 74% of applicants, making it moderately selective for a specialized engineering school. The small enrollment of just 1,122 students creates an intimate learning environment focused on science and technology fields.
How much does New Mexico Institute of Mining and Technology cost after financial aid?
Students pay an average net price of $8,265 after aid, with low-income families paying just $3,970. The median debt of $19,085 is reasonable given that graduates earn a median of $76,489 ten years after graduation.
What is the student-faculty ratio at New Mexico Institute of Mining and Technology?
The school maintains a 10:1 student-faculty ratio, ensuring close mentorship in technical fields. This small-scale environment has produced notable alumni including Hilton Hotels founder Conrad Hilton and Apollo 17 astronaut Harrison Schmitt.
What are the job prospects for New Mexico Institute of Mining and Technology graduates?
An impressive 94% of graduates find employment, reflecting strong industry demand for New Mexico Tech's engineers and scientists. The median starting salary of $60,931 grows over time, with graduates earning $83,712 after five years.
Where is New Mexico Institute of Mining and Technology located and what is campus life like?
The campus sits in Socorro, a remote town that houses 807 students in on-campus housing. With 86% of students coming from New Mexico and a 77% retention rate, the isolated desert location creates a tight-knit community of future miners and researchers.
Is New Mexico Institute of Mining and Technology diverse in terms of gender and ethnicity?
The student body is 71% male, reflecting the school's focus on traditionally male-dominated STEM fields. However, 41% of students are Hispanic, making it one of the more ethnically diverse technical institutes in the region.