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New Mexico Institute of Mining and Technology Data & Information Overview

1 award Ranking Badges
Fair Price Value for Your Money
74% Acceptance Rate
Get the facts about New Mexico Institute of Mining and Technology. Learn how it ranks, what majors it offers, how diverse it is, and much more. If you’re interested in learning more about a particular stat, just click on its tile to go to a new page that covers the topic more in-depth. Also, you can jump to any section of this page by clicking one of the links below.

How Well Is New Mexico Institute of Mining and Technology Ranked?

#1,299 Best Colleges in Nation
#7 Best Colleges in NM
General Mechanical Engineering Highest Ranked Major

2025 Rankings

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.

New Mexico Institute of Mining and Technology was awarded 1 badge in the 2025 rankings. The highest ranked major at the school is general mechanical engineering.

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Overall Quality

College Factual ranked New Mexico Tech as #1,299 out of 2,152 colleges and universities in the country on its 2025 Best Colleges list.

New Mexico Tech also holds the #7 spot on the Best Colleges in New Mexico ranking.

See all of the rankings for New Mexico Institute of Mining and Technology.

Is It Hard to Get Into New Mexico Tech?

74% Acceptance Rate
35% Of Accepted Are Women

Acceptance Rate

The acceptance rate at New Mexico Institute of Mining and Technology is 74%. That's higher than the rate at many schools, but still low enough to be considered somewhat selective. If you want to get in, you'll need good grades and to be able to show that New Mexico Tech is a good fit for you.

Learn more about New Mexico Institute of Mining and Technology admissions.

New Mexico Institute of Mining and Technology Faculty

9 to 1 Student to Faculty
80% Full Time Teachers

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 9 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 80%. This is higher than the national average of 47%.

Full-Time Faculty Percent  80 out of 100
0
100

Retention and Graduation Rates at New Mexico Institute of Mining and Technology

75% Freshmen Retention
30% On-Time Graduation Rate

Freshmen Retention Rate

The freshmen retention rate of 75% 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.

Freshmen Retention Rate  75 out of 100
0
100

Graduation Rate

The on-time graduation rate is the percent of first-time, full-time students who get their bachelor's degree with four years. At New Mexico Tech this rate is 30%, which is about average when compared to the national rate of 33.3%.

On-Time Graduation Rate  30 out of 100
0
100

Find out more about the retention and graduation rates at New Mexico Institute of Mining and Technology.

New Mexico Institute of Mining and Technology Undergraduate Student Diversity

1,103 Full-Time Undergraduates
40.3% Racial-Ethnic Minorities*
30.1% Percent Women

During the 2017-2018 academic year, there were 1,229 undergraduates at New Mexico Tech with 1,103 being full-time and 126 being part-time.

How Much Does New Mexico Institute of Mining and Technology Cost?

$5,441 Net Price
42% Take Out Loans
$19,700 Total Student Loans
The overall average net price of New Mexico Tech is $5,441. 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 +
$3,127$4,565$8,984$11,154$16,079

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 42% of students took out student loans averaging $4,925 a year. That adds up to $19,700 over four years for those students.

The student loan default rate at New Mexico Tech is 1.0%. 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.

Get more details about paying for New Mexico Institute of Mining and Technology.

How Much Money Do New Mexico Tech Graduates Make?

$76,489 Avg Salary of Grads
High Earnings Boost
The pay for some majors is higher than others, but on average, students who graduate with a bachelor's degree from New Mexico Tech make about $76,489 a year during their first few years of employment after graduation. This is good news for future New Mexico Tech graduates since it is 55% more than the average college graduate's salary of $49,219 per year.

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See which majors at New Mexico Institute of Mining and Technology make the most money.

Location of New Mexico Institute of Mining and Technology

New Mexico State
1,103 Full-Time Undergraduates
Town Campus Setting
Located in Socorro, New Mexico, New Mexico Institute of Mining and Technology is a public institution. The charming, small-town atmosphere of Socorro draws many to the area.

Get more details about the location of New Mexico Institute of Mining and Technology.

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Contact details for New Mexico Tech are given below.

Contact Details
Address:801 Leroy Place, Socorro, NM 87801
Phone:800-428-8324
Website:www.nmt.edu/

New Mexico Institute of Mining and Technology Majors

28 Majors With Completions
620 Undergraduate Degrees
620 Graduate Degrees
During the most recent year for which we have data, students from 28 majors graduated from New Mexico Institute of Mining and Technology. Of these students, 620 received undergraduate degrees and 620 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 MajorsBachelor’s DegreesAverage Salary of Graduates
Mechanical Engineering61$57,424
Computer Science37NA
General Biology26NA
Electrical Engineering22$73,300
Chemical Engineering21$57,215
Civil Engineering20NA
Geological & Earth Sciences19NA
Physics16NA
Materials Engineering15NA
Petroleum Engineering14$42,325

Learn more about the majors offered at New Mexico Institute of Mining and Technology along with which ones have the highest average starting salaries.

Online Learning at New Mexico Tech

28% Take At Least One Class Online
7% Take All Classes Online

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 2022-2023, 474 students took at least one online class at New Mexico Institute of Mining and Technology. This is a decrease from the 661 students who took online classes the previous year.

YearTook at Least One Online ClassTook All Classes Online
2022-2023474112
2021-2022661142
2020-20211,548386
2018-201911671

Learn more about online learning at New Mexico Institute of Mining and Technology.

If you’re considering New Mexico Institute of Mining and Technology, here are some more schools you may be interested in knowing more about.

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

Footnotes

*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.

References

More about our data sources and methodologies.

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