2022 Best Value Master’s Degree Colleges for Engineering in New Mexico (With Aid)

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid” ranking as one item you can use to help make this decision.

With 200,458 degrees handed out in 2019-2020, engineering is the 6th most popular major in the United States. In 2017-2018, engineering graduates who were awarded their degree in 2015-2017, earned an average of $64,888 and had an average of $23,564 in loans still to pay off.

Across New Mexico, there were 1,141 engineering graduates with average earnings and debt of $59,136 and $20,111 respectively. At the master’s degree level specifically, there were 276 engineering graduates with average earnings and debt of $46,864 and $37,250 respectively.

This year’s “Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid” ranking analyzed 3 colleges that offered a degree in engineering. This ranking identifies schools with high-quality engineering programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the engineering program at the school. Check out our ranking methodology for more information.

More Ways to Rank Engineering Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid

The colleges and universities below are the best for new mexico master’s degree engineering students with aid.

Top 3 Best Value Master’s Degree Colleges for Engineering in New Mexico (With Aid)

#1

New Mexico State University - Main Campus

Las Cruces, New Mexico

#1 in overall quality

$18,275 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid that were part of this year’s ranking, New Mexico State University - Main Campus landed the #1 spot on the list. New Mexico State University - Main Campus is located in Las Cruces, New Mexico and, has a fairly large student population. In 2019-2020, this school awarded 100 masters’s engineering degrees to qualified students.

In addition to being on our new mexico master’s degree engineering students with aid list, NMSU Main Campus has also earned the #1 rank in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico State University - Main Campus are $18,275.

Full NMSU Main Campus Engineering Report

#2

New Mexico Institute of Mining and Technology

Socorro, New Mexico

$25,602 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #2 on our 2022 Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid list. New Mexico Tech is located in Socorro, New Mexico and, has a small student population. In 2019-2020, this school awarded 36 masters’s engineering degrees to qualified students.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #0 spot in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at New Mexico Institute of Mining and Technology are $25,602.

Read more about Engineering at New Mexico Institute of Mining and Technology

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#2 in overall quality

$19,890 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of New Mexico - Main Campus. The school came in at #3 for the Best Value Engineering Schools for a Master’s in New Mexico For Those Getting Aid. UNM is located in Albuquerque, New Mexico and, has a large student population. In 2019-2020, this school awarded 140 masters’s engineering degrees to qualified students.

In addition to being on our new mexico master’s degree engineering students with aid list, UNM has also earned the #2 rank in our “Best Engineering Master’s Degree Schools in New Mexico” ranking. Average graduate tuition and fees at University of New Mexico - Main Campus are $19,890, but some majors have different tuition rates.

Read more about Engineering at University of New Mexico - Main Campus

• Best Value Master’s Degree Colleges for Engineering in the Southwest Region (With Aid)
• Best Value Master’s Degree Colleges for Engineering (With Aid)

Notes and References

References

• The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
• Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

Credits

• Credit for the banner image above goes to Petty Officer 3rd Class Declan Barnes.

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