College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

Is Mines a Good School for the Money?

Below Average National Value
Above Average In-State Value
$30,118 Avg Annual Cost

Is Mines worth the money? College Factual’s value analysis weighs the quality of education against the cost. Here is the verdict.

Mines Value Ranking

Mines Best Value ranking badge
#2,638 National Value Rank
#38 Colorado Value Rank
F Value Grade

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.

Mines’s Best Value Majors

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

Colorado School of Mines Value Report

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.

Within Colorado, Mines is a Great Quality for a Fair Price

Above Average Colorado Value
#1 Colorado Quality
$30,118 Avg Annual Cost

Colorado School of Mines is ranked #1 out of #53 in Colorado for quality and #38 out of #49 for Colorado value.

State Value Ranking  38 out of 49
Overpriced
Great Value
State Value Score  53.3 out of 100
Overpriced
Great Value

Do you qualify for in-state tuition? Check the Mines financial aid page to be sure.

Below Average Value Nationwide

Below Average National Value
Top 5% National Quality
Expensive Price

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.

National Value Ranking  2,638 out of 3,211
Overpriced
Great Value
National Value Score  18.9 out of 100
Overpriced
Great Value

The Bottom Line: What Will Mines Cost?

$30,118 Avg Annual Cost (All Students)
$40,590 Sticker Price Per Year
$120,472 Est. 4-Year Cost

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.

Many Factors Affect Net Price

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.

Does This School Make Financial Sense to You?

What Mines costs you depends on how much aid you receive, so few students fit perfectly into averages.

98% Freshmen Receiving Aid
$11,139 Avg Grant / Scholarship
88% Undergrads Getting Grants

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.

How to Calculate Value

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.

References

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