New Mexico Institute of Mining and Technology Data & Information Overview
- Admission and Acceptance
- Retention and Graduation Rates
- Student Debt
- Average Earnings
- Online Learning
- Related Schools
How Well Is New Mexico Institute of Mining and Technology Ranked?
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.
College Factual ranked New Mexico Tech as #612 out of 1,715 colleges and universities in the country on its 2021 Best Colleges list.
New Mexico Tech is also ranked #2 out of 11 schools in New Mexico.
Is It Hard to Get Into New Mexico Tech?
New Mexico Institute of Mining and Technology has a very low acceptance rate of 22%, making it one of the most selective out of all the colleges and universities in the nation. It's probably a good idea to apply to other schools in addition to New Mexico Tech just in case you don't make the cut.
Average Test Scores
About 26% 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 590 and 690. Math scores were between 600 and 700.
New Mexico Institute of Mining and Technology Faculty
Student to Faculty Ratio
The student to faculty ratio is often used to measure the number of teaching resources that a college or university offers its students. The national average for this metric is 15 to 1, but at New Mexico Tech it is much better at 11 to 1. That's good news for students who want to interact more on a personal level with their teachers.
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 61%. This is higher than the national average of 47%.
Retention and Graduation Rates at New Mexico Institute of Mining and Technology
Freshmen Retention Rate
The freshmen retention rate of 74% tells us that most first-year, full-time students like New Mexico Institute of Mining and Technology enough to come back for another year. This is a fair bit higher than the national average of 68%. That's certainly something to check off in the good column about the school.
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 20%. That's lower than the national rate of 33.3%
Average Overall Diversity at New Mexico Tech
During the 2017-2018 academic year, there were 1,324 undergraduates at New Mexico Tech with 1,178 being full-time and 146 being part-time.
New Mexico Tech Diversity Score
When calculating the overall diversity score for a school, College Factual does not just look at the percentage of women and racial-ethnic minorities*. Instead, it looks to see how good of a mixture a school has with regard to gender, ethnicity, age, and location of origin.
New Mexico Tech scored 47.00 out of 100 for overall diversity. This is about average when compared to other colleges and universities in the United States.
How Much Does New Mexico Institute of Mining and Technology Cost?overall average net price of New Mexico Tech is $14,236. 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 +|
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 62% of students took out student loans averaging $5,099 a year. That adds up to $20,396 over four years for those students.
The student loan default rate at New Mexico Tech is 5.6%. 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.
How Much Money Do New Mexico Tech Graduates Make?students who graduate with a bachelor's degree from New Mexico Tech make about $50,000 a year during their first few years of employment after graduation. This is good news for future New Mexico Tech graduates since it is 26% more than the average college graduate's salary of $39,802 per year.
Location of New Mexico Institute of Mining and Technology
Contact details for New Mexico Tech are given below.
|Address:||801 Leroy Place, Socorro, NM 87801|
New Mexico Institute of Mining and Technology Majorsstudents from 25 majors graduated from New Mexico Institute of Mining and Technology. Of these students, 285 received undergraduate degrees and 121 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|
Online Learning at New Mexico Tech
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 2017-2018, 116 students took at least one online class at New Mexico Institute of Mining and Technology. This is a decrease from the 145 students who took online classes the previous year.
|Year||Took at Least One Online Class||Took All Classes Online|
If you’re considering New Mexico Institute of Mining and Technology, here are some more schools you may be interested in knowing more about.
- Louisiana State University and Agricultural & Mechanical College
- Michigan Technological University
- Pennsylvania State University - University Park
- United States Military Academy
- University of Oklahoma Norman Campus
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
*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.
- National Center for Education Statistics
- College Scorecard
- Integrated Postsecondary Education Data System
- Image Credit: By Atomic Energy505 under License
More about our data sources and methodologies.
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