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New Mexico Institute of Mining and Technology

New Mexico Institute of Mining and Technology Trade Programs

New Mexico Institute of Mining and Technology is a public institution situated in Socorro, New Mexico. The surrounding location of Socorro is ideal for students who enjoy the charms of a college town.

1,103 Full-Time Undergraduates
$7,664 Avg In-State Tuition

Where Is 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

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Can I Afford New Mexico Tech?

$7,664 In-State Tuition
42% Take Out Loans
0.4% Loan Default Rate
In a recent term, part-time New Mexico Tech students paid $319 per credit hour if they lived in-state. Out-of-state students paid $1,038 per credit hour. The costs for full-time students are given in the table below.

In State Out of State
Tuition $7,664 $24,918
Fees $1,394 $1,394
Books and Supplies $800 $800
On Campus Room and Board $9,614 $9,614
On Campus Other Expenses $5,728 $5,728

Student Loan Debt

Almost 66% of college students who graduated with the class of 2018 took out student loans, but that percentage varies from school to school. 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 0.4%. 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.

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New Mexico Institute of Mining and Technology Undergraduate Student Diversity

1,103 Full-Time Undergraduates
30% Women
40% Racial-Ethnic Minorities*
There are 1,229 undergraduate students at New Mexico Tech, with 1,103 being full-time and 126 being part-time.

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There are also 457 graduate students at the school.

Gender Diversity

Of the 1,103 full-time undergraduates at New Mexico Tech, 70% are male and 30% are female.

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Racial-Ethnic Diversity

The racial-ethnic breakdown of New Mexico Institute of Mining and Technology students is as follows.

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Race/Ethnicity Number of Grads
Asian 43
Black or African American 8
Hispanic or Latino 307
White 617
International Students 15
Other Races/Ethnicities 113

Geographic Diversity

New Mexico students aren't the only ones who study at New Mexico Institute of Mining and Technology. At this time, 13 states are represented by the student population at the school.

Over 40 countries are represented at New Mexico Tech. The most popular countries sending students to the school are China, India, and Nepal.

Online Learning at New Mexico Institute of Mining and Technology

112 Took All Classes Online
474 Took At Least One Class Online
In 2022-2023, 474 students took at least one online class at the school.

The following chart shows how the online learning population at New Mexico Tech has changed over the last few years.

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New Mexico Institute of Mining and Technology Trade School Concentrations

The table below shows the number of awards for each concentration.

Major Bachelor’s TOTAL
Industrial & Management Engineering 2 2
TOTAL 2 2

New Mexico Institute of Mining and Technology Trades

In a recent academic period, New Mexico Institute of Mining and Technology awarded 6 undergraduate degrees. The table below shows the number of awards by award type for each trade program. Basic certificates are awards that are completed in less than a year, and undergraduate certificates are those awards that take between one and four years.

Major Basic Certificates Undergrad Certificates Associate’s Bachelor’s
Engineering-Related Fields 0 0 0 2
Total 0 0 0 6

References

*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.

More about our data sources and methodologies.

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