Understanding Tuition & Fees
Get a good understanding of the tuition charges associated with New Mexico Institute of Mining and Technology in order to prepare properly for 4-6 years. Check out the numbers below to know how New Mexico Tech's price measures up to other schools and if you need to plan for tuition increases.
How do Fees & Tuition at New Mexico Tech Measure Up To Other Colleges?
For nationwide, regional and statewide comparisons, look at the following table to find out how New Mexico Tech compares to other colleges.
|Tuition and Fees||Above Average||Above Average||Expensive|
|In-State Tuition and Fees||Below Average||Average||Above Average|
In-State Tuition Discount Offered
The cost of tuition and fees at New Mexico Tech is lowered dramatically for students living in New Mexico. Tuition and fees for in-state students is set at $7,183 for the 2018 - 2019 year, a 65.8% discount off the full price. Tuition is $6,133 and fees $1,050.
Out-of-state students at New Mexico Tech spent $20,991 in fees and tuition in 2018 - 2019. $1,050 was for fees, and $19,941 was tuition.
Look at the following table to find 2018 - 2019 academic year costs.
Find New Mexico Tech cost per credit hour here.
Tuition and Fees Projection
New Mexico Institute of Mining and Technology tuition and fees for out-of-state students increased at an average yearly rate of 4.7% in the last five years. Over that same period, tuition increased by 5.0% and fees increased by 0.0%. Due to this, we predict the price of tuition and fees this year will be $21,986.
At this rate, we estimate the total cost of tuition and fees for a two year degree to be $45,014 and $94,397 for a four-year degree. This doesn't cover other charges such as room and board, books, and transportation.
The following chart shows estimated future fees and tuition including residency based reductions for undergraduates at New Mexico Tech.
Take note of just how much the tuition and fees are increasing each year. At most colleges students will wind up paying a larger price for their last year of school compared to what they did for their first.
Discover our answers to common questions and get more information about college tuition and fees.