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New Mexico Institute of Mining and Technology Data & Information Overview

86 awards Ranking Badges
Fair Price Value for Your Money
97% Acceptance Rate
If you want to know more about New Mexico Institute of Mining and Technology, such as what majors does it offer, how diverse it is, how well it ranks, and more, this is your one-stop resource.
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How Well Is New Mexico Institute of Mining and Technology Ranked?

#690 Best Colleges in Nation
#3 Best Colleges in NM
Computer Science Highest Ranked Major

2024 Rankings

College Factual analyzes over 2,000 colleges and universities in its annual rankings and ranks them in a variety of ways, including most diverse, best overall quality, best for non-traditional students, and much more.

New Mexico Institute of Mining and Technology was awarded 86 badges in the 2024 rankings. The highest ranked major at the school is computer science.

Explore Best Ranked Schools for You

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Overall Quality

College Factual ranked New Mexico Tech as #690 out of 2,217 colleges and universities in the country on its 2024 Best Colleges list. This is an improvement over the previous year, when New Mexico Tech held the #919 spot on the Best Overall Colleges list.

New Mexico Tech also holds the #3 spot on the Best Colleges in New Mexico ranking.

See all of the rankings for New Mexico Institute of Mining and Technology.

Is It Hard to Get Into New Mexico Tech?

97% Acceptance Rate
40% Of Accepted Are Women
43% Submit SAT Scores

Acceptance Rate

The acceptance rate at New Mexico Institute of Mining and Technology is 97%, which is higher than many other schools to which you may be applying. But don't think getting into New Mexico Tech is a sure thing. The admissions staff is still going to review your application to see if you are a good fit for the school.

Average Test Scores

About 43% of students accepted to New Mexico Tech submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 550 and 660. Math scores were between 560 and 660.

SAT Reading and Writing Scores for New Mexico Institute of Mining and Technology  ( 550 to 660 )
200
800

SAT Math Scores for New Mexico Institute of Mining and Technology  ( 560 to 660 )
200
800
New Mexico Tech received ACT scores from 46% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 23 and 29.

ACT Composite Scores for New Mexico Institute of Mining and Technology  ( 23 to 29 )
1
36

Learn more about New Mexico Institute of Mining and Technology admissions.

New Mexico Institute of Mining and Technology Faculty

10 to 1 Student to Faculty
78% Full Time Teachers

Student to Faculty Ratio

The student to faculty ratio at New Mexico Tech is an impressive 10 to 1. That's quite good when you compare it to the national average of 15 to 1. This is a good sign that students at the school will have more opportunities for one-on-one interactions with their professors.

Percent of Full-Time Faculty

Another measure that is often used to estimate how much access students will have to their professors is how many faculty members are full-time. The idea here is that part-time faculty tend to spend less time on campus, so they may not be as available to students as full-timers.

The full-time faculty percentage at New Mexico Institute of Mining and Technology is 78%. This is higher than the national average of 47%.

Full-Time Faculty Percent  78 out of 100
0
100

Retention and Graduation Rates at New Mexico Institute of Mining and Technology

76% Freshmen Retention
27% On-Time Graduation Rate

Freshmen Retention Rate

New Mexico Institute of Mining and Technology has a freshmen retention rate of 76%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.

Freshmen Retention Rate  76 out of 100
0
100

Graduation Rate

When we say that a student has graduated on time, we mean that they have finished their bachelor's degree within four years. The on-time graduation rate at New Mexico Tech is 27%. That's lower than the national rate of 33.3%

On-Time Graduation Rate  27 out of 100
0
100

Find out more about the retention and graduation rates at New Mexico Institute of Mining and Technology.

New Mexico Institute of Mining and Technology Undergraduate Student Diversity

1,103 Full-Time Undergraduates
40.3% Racial-Ethnic Minorities*
30.1% Percent Women

During the 2017-2018 academic year, there were 1,229 undergraduates at New Mexico Tech with 1,103 being full-time and 126 being part-time.

How Much Does New Mexico Institute of Mining and Technology Cost?

$14,836 Net Price
47% Take Out Loans
$21,240 Total Student Loans
The overall average net price of New Mexico Tech is $14,836. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.

Net Price by Income Group for New Mexico Tech

$0-30 K $30K-48K $48-75 $75-110K $110K +
$9,697 $12,364 $15,379 $17,961 $17,705

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of New Mexico Tech, see our tuition and fees and room and board pages.

Student Loan Debt

It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At New Mexico Tech, approximately 47% of students took out student loans averaging $5,310 a year. That adds up to $21,240 over four years for those students.

The student loan default rate at New Mexico Tech is 6.0%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for New Mexico Institute of Mining and Technology.

How Much Money Do New Mexico Tech Graduates Make?

$64,650 Avg Salary of Grads
High Earnings Boost
Yearly salaries vary depending on what you major in, but on average, bachelor's degree recipients from New Mexico Tech make around $64,650 per year during the early years of their employment. This is good news for future New Mexico Tech graduates since it is 52% more than the average college graduate's salary of $42,485 per year.

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See which majors at New Mexico Institute of Mining and Technology make the most money.

Location of New Mexico Institute of Mining and Technology

New Mexico State
1,103 Full-Time Undergraduates
Town Campus Setting
Located in Socorro, New Mexico, New Mexico Institute of Mining and Technology is a public institution. The charming, small-town atmosphere of Socorro draws many to the area.

Get more details about the location of New Mexico Institute of Mining and Technology.

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Contact details for New Mexico Tech are given below.

Contact Details
Address: 801 Leroy Place, Socorro, NM 87801
Phone: 800-428-8324
Website: www.nmt.edu/
Facebook: http://www.facebook.com/newmexicotech
Twitter: http://www.twitter.com/newmexicotech

New Mexico Institute of Mining and Technology Majors

25 Majors With Completions
213 Undergraduate Degrees
132 Graduate Degrees
During the most recent year for which we have data, students from 25 majors graduated from New Mexico Institute of Mining and Technology. Of these students, 213 received undergraduate degrees and 132 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular Majors Bachelor’s Degrees Average Salary of Graduates
Mechanical Engineering 47 $66,375
Electrical Engineering 29 $61,496
Computer Science 23 NA
Chemical Engineering 19 $38,910
Petroleum Engineering 15 $70,180
Physics 11 NA
Environmental Engineering 9 NA
General Biology 9 NA
Civil Engineering 9 $48,135
Mathematics 9 NA

Learn more about the majors offered at New Mexico Institute of Mining and Technology along with which ones have the highest average starting salaries.

Online Learning at New Mexico Tech

38% Take At Least One Class Online
8% Take All Classes Online

Online learning is becoming popular at even the oldest colleges and universities in the United States. Not only are online classes great for returning adults with busy schedules, they are also frequented by a growing number of traditional students.

In 2020-2021, 661 students took at least one online class at New Mexico Institute of Mining and Technology. This is a decrease from the 1,548 students who took online classes the previous year.

Year Took at Least One Online Class Took All Classes Online
2020-2021 661 142
2019-2020 1,548 386
2018-2019 171 75
2017-2018 116 71
2016-2017 145 74

Learn more about online learning at New Mexico Institute of Mining and Technology.

If you’re considering New Mexico Institute of Mining and Technology, here are some more schools you may be interested in knowing more about.

Curious on how these schools stack up against New Mexico Tech? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

More about our data sources and methodologies.

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