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New Mexico Institute of Mining and Technology

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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.

1,135 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

Can I Afford New Mexico Tech?

$7,664 In-State Tuition
47% Take Out Loans
1.7% Loan Default Rate
For the <nil> academic year, 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 $8,332 $8,332
On Campus Other Expenses $4,878 $4,878

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 47% of students took out student loans averaging $5,310 a year. That adds up to $21,240 over four years for those students.

The student loan default rate at New Mexico Tech is 1.7%. 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.

New Mexico Institute of Mining and Technology Undergraduate Student Diversity

1,135 Full-Time Undergraduates
31% Women
51% Racial-Ethnic Minorities*
There are 1,244 undergraduate students at New Mexico Tech, with 1,135 being full-time and 109 being part-time.

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There are also 490 graduate students at the school.

Gender Diversity

Of the 1,135 full-time undergraduates at New Mexico Tech, 69% are male and 31% 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 38
Black or African American 6
Hispanic or Latino 461
White 531
International Students 13
Other Races/Ethnicities 86

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

142 Took All Classes Online
661 Took At Least One Class Online
98.7% Avg Growth Over 4 Years
In 2020-2021, 661 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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Online Growth Rankings of New Mexico Tech

The average growth rate over the last four years of online students at New Mexico Institute of Mining and Technology was 98.7%. This is the #338 largest growth rate of all schools that are only partially online. This refers to all students at New Mexico Tech regardless of major.

When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.

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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