by our College Data Analytics TeamLook up current in-state and out-of-state tuition and fees at New Mexico Institute of Mining and Technology, plus how they compare to other colleges and a forward projection.
In the latest reported year, in-state undergraduate tuition and fees at New Mexico Institute of Mining and Technology amounted to $9,476 per year. For out-of-state students the comparable figure was $27,247. That gap is the in-state discount at this school.
Within that total, required fees totaled $1,582 in-state and $1,582 out-of-state; the remaining amount is tuition.
| In-State | Out-of-State | |
|---|---|---|
| Tuition | $7,894 | $25,665 |
| Fees | $1,582 | $1,582 |
| Total | $9,476 | $27,247 |
These tuition and fee numbers are for one year of attendance and do not include room and board.
Remember that a lot of students receive financial aid and scholarships that lower what they actually pay. The numbers on this page are sticker price.
How much does New Mexico Institute of Mining and Technology charge if you go part time? Check the Cost Per Credit Hour page for specifics.
To see where that lands, here is how New Mexico Institute of Mining and Technology prices compare to peer schools. Each label reflects how the school sits versus the average of that group.
| Nationwide | In NM | Similar Colleges | |
|---|---|---|---|
| Out-of-State Tuition & Fees | Average | Expensive | Expensive |
| In-State Tuition & Fees | Inexpensive | Expensive | Expensive |
Against the nationwide average, New Mexico Institute of Mining and Technology is about average on cost.
Bear in mind that aid packages often lower the real cost well below these published figures. Review the New Mexico Institute of Mining and Technology Financial Aid page for details.
Here’s how tuition at New Mexico Institute of Mining and Technology has trended over the last several reported years.
| Year | In-State Tuition | Out-of-State Tuition |
|---|---|---|
| Three Years Ago | $7,031 | $22,860 |
| Two Years Ago | $7,664 | $24,918 |
| One Year Ago | $7,664 | $24,918 |
| Most Recent Year | $7,894 | $25,665 |
This chart shows the way tuition at New Mexico Tech has moved over recent reported years.
Over the most recent year, out-of-state tuition climbed 3.0%. Carrying the same rate forward one year puts tuition + fees around $28,063 in the following year.
Most schools raise tuition gradually each year, so plan for the cost in later years to exceed today’s posted rate.
Browse answers to frequently asked questions about college tuition and fees for additional detail.
On average, in-state tuition and fees climbed each year by about 4.04%, putting next year’s in-state cost near $9,859. For out-of-state students, the average annual increase was 4.01%, putting next year’s out-of-state cost near $28,340.
Holding that rate, here is how tuition and fees could track over the next five years:
| Academic Year | In-State Tuition & Fees | Out-of-State Tuition & Fees |
|---|---|---|
| Next Year | $9,859 | $28,340 |
| In 2 Years | $10,257 | $29,477 |
| In 3 Years | $10,671 | $30,659 |
| In 4 Years | $11,102 | $31,889 |
| In 5 Years | $11,550 | $33,168 |
Plan around the full four-year total, not just a single year — four years of out-of-state cost at this pace comes to around $120,365, or close to $41,889 for in-state students.
A tuition number is just one part of the picture — financial aid can sharply lower the real price a family pays.
To learn about financial aid at New Mexico Institute of Mining and Technology, go to the New Mexico Institute of Mining and Technology Financial Aid page.
