2022 Best Value Engineering Schools in New Mexico For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Engineering Schools in New Mexico For Those Getting Aid” ranking as one item you can use to help make this decision.

Engineering is one of the most popular majors in the nation, ranking 6th of all the majors we analyze. In 2019-2020, 200,458 degrees were awarded to students with this major. 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.

This year’s “Best Value Engineering Schools in New Mexico For Those Getting Aid” ranking analyzed 4 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.

Some of the factors we look at when determining these rankings are overall quality of the engineering program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

More Ways to Rank Engineering Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Engineering Schools in New Mexico For Those Getting Aid” list, to help you choose the best school for you.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. 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 in New Mexico For Those Getting Aid

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

Top 4 Best Value Colleges for Engineering in New Mexico (With Aid)

#1

Central New Mexico Community College

Albuquerque, New Mexico

#2 in overall quality

$3,429 Average Net Price

$29,375 Average Early-Career Earnings

You’ll be in good company if you decide to attend Central New Mexico Community College. It ranked #1 on our 2022 Best Value Engineering Schools in New Mexico For Those Getting Aid list. Albuquerque, New Mexico is the setting for this large institution of higher learning. The public school handed out ’s engineering degrees to 46 students in 2019-2020.

CNM not only placed well in this ranking. It is also #2 on our “Best Engineering Schools in New Mexico” list. The estimated yearly cost for CNM is $3,429 for new mexico engineering students with aid.

Full CNM Engineering Report

#2

New Mexico State University - Main Campus

Las Cruces, New Mexico

#3 in overall quality

$8,659 Average Net Price

$34,757 Average Early-Career Earnings

You’ll join some of the best and brightest minds around if you attend New Mexico State University - Main Campus. The school came in at #2 for the Best Value Engineering Schools in New Mexico For Those Getting Aid. Las Cruces, New Mexico is the setting for this fairly large institution of higher learning. The public school handed out ’s engineering degrees to 430 students in 2019-2020.

NMSU Main Campus also took the #3 spot in our “Best Engineering Schools in New Mexico” ranking. The estimated yearly cost for New Mexico State University - Main Campus is $8,659 for New Mexico Engineering students with aid.

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

#3

University of New Mexico - Main Campus

Albuquerque, New Mexico

#4 in overall quality

$14,446 Average Net Price

$41,938 Average Early-Career Earnings

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 in New Mexico For Those Getting Aid. UNM is a large school located in Albuquerque, New Mexico that handed out 410 ’s engineering degrees in 2019-2020.

UNM did well in our major quality rankings, too. It placed #4 on our “Best Engineering Schools in New Mexico” list. The yearly cost to attend UNM is $14,446 for New Mexico Engineering students with aid.

Full University of New Mexico - Main Campus Engineering Report

#4

New Mexico Institute of Mining and Technology

Socorro, New Mexico

#1 in overall quality

$14,595 Average Net Price

$53,600 Average Early-Career Earnings

You’ll be in good company if you decide to attend New Mexico Institute of Mining and Technology. It ranked #4 on our 2022 Best Value Engineering Schools in New Mexico For Those Getting Aid list. Located in Socorro, New Mexico, this small public school handed out 216 degrees to qualified ’s engineering students in 2019-2020.

As a testament to the quality of education offered at New Mexico Tech, the school also landed the #1 spot in our “Best Engineering Schools in New Mexico” ranking. The yearly cost to attend New Mexico Institute of Mining and Technology is $14,595 for new mexico engineering students with aid.

The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

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

• Best Value Colleges for Engineering in the Southwest Region (With Aid)
• Best Value 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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