Is Mines worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.
Mines is ranked #2,638 out of 3,211 schools for value nationwide, earning a value grade of F. Within Colorado, it ranks #38 of 49 for value.
Among the majors Mines offers, these rank best for value nationally.
| Major | National Value Rank |
|---|---|
| Geological & Geophysical Engineering | #2 of 2 |
| Geoscience Engineering | #2 of 2 |
| Engineering | #2 of 2 |
| General Metallurgical Engineering | #4 of 4 |
| Metallurgical Engineering | #4 of 4 |
| Mining & Mineral Engineering | #9 of 9 |
| Mining Engineering | #9 of 9 |
| Computational & Applied Mathematics | #10 of 15 |
| Engineering & Applied Physics | #13 of 18 |
| Engineering Physics | #13 of 18 |
Read the full Mines value report below — how it ranks within its state, how it ranks nationwide, what a degree actually costs, and whether it makes financial sense.
Colorado School of Mines is ranked #1 out of #53 in Colorado for quality and #38 out of #49 for Colorado value.
Do you qualify for in-state tuition? Check the Mines financial aid page to be sure.
Colorado School of Mines is ranked #2,638 out of 3,211 for value nationwide.
Based on our analysis of other colleges at similar price points, Colorado School of Mines is overpriced for the quality of education it provides.
Averaged across all students — those who receive aid and those who pay full price — a year at Mines costs about $30,118. Over a standard four-year bachelor's program, that adds up to an estimated $120,472 for the degree.
| Amount | |
|---|---|
| Sticker Price (before aid) | $40,590 / year |
| Net Price (students receiving aid) | $28,690 / year |
| Average Cost (all students) | $30,118 / year |
| Estimated 4-Year Cost | $120,472 |
*The average cost weights the net price paid by aid recipients against the sticker price paid by everyone else. The 4-year figure assumes the standard bachelor's length; your actual time to graduate and price may differ.
There are many ways to lower the cost of a college education. Consider in-state tuition, transfer credits, or finishing your degree faster. Learn more about Mines net price and the factors that affect it.
What Mines costs you depends on how much aid you receive, so few students fit perfectly into averages.
Here is how the estimated 4-year cost of a Mines degree breaks down by aid group, against its national value ranking.
| Nationwide Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $162,360 | — | — |
| All Students | $120,472 | #2,638 | F |
| Only Students Receiving Aid | $114,760 | — | — |
| In-State Value by Aid Group | Avg Degree Cost | Value Rank | Value Grade |
|---|---|---|---|
| Students with No Aid | $162,360 | — | — |
| All Students | $120,472 | #38 | C |
| Only Students Receiving Aid | $114,760 | — | — |
*College Factual publishes a single overall value ranking (the All Students row). The cost rows show what each aid group pays toward the same degree.
You can also see how the average net price at Mines shifts with family income:
| Family Income | Avg Net Price / Year |
|---|---|
| $0–$30K | $19,231 |
| $30K–$48K | $19,616 |
| $48K–$75K | $25,347 |
| $75K–$110K | $30,370 |
| Over $110K | $33,931 |
About 88% of Mines undergraduates receive grant or scholarship aid, averaging $11,139 per year. Get more details on the Mines financial aid you may qualify for.
College Factual calculates value by comparing the average Mines cost of a degree against other schools of a similar quality. If the school is priced fairly for the educational quality it provides, it receives a fair ranking; if it is underpriced, it earns a good or excellent value.
Read the full Best for the Money Ranking Methodology.