Verified data from IPEDS & College Scorecard

$11,551/yr

Average net price per year, what students actually pay

45% acceptance rate57% graduation rate1,622 undergrads

New Mexico Institute of Mining and Technology

Socorro, NM·Public · 4-year

GradFax Verified · Federal IPEDS data, updated July 26, 2026

Overview

This school is selective, giving a well-prepared applicant a realistic shot. Most students pay far less than the sticker price: the average student receiving aid pays $11,551 a year against a $26,354 list price, a 56% gap.

New Mexico Institute of Mining and Technology is a small-town public four-year institution located in Socorro, NM. It enrolls a small student body of approximately 1,622 undergraduate students. As a public institution, it is supported by state funding and typically offers lower tuition rates for in-state residents.

At a glance

Acceptance rate45%
SAT range1080 - 1310
Graduation rate57%
Enrollment1,622
Student:faculty9:1
Avg net price$11,551
Total cost (sticker)$26,354

Data from IPEDS, U.S. Dept. of Education.

Admissions

Acceptance rate

45%

SAT range

1080 - 1310

Acceptance rate
45%
SAT range
1080 - 1310
ACT range
20 - 29
Applications
1,544
Academic fit
Admission probability
Students like you
Application tracker
Deadline tracker
Essay prompts

Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Academics

Student:faculty

9:1

Avg class size (est.)

~23 students

Student-faculty ratio
9:1
Avg class size (est.)
~23 students
Academic calendar
Semester
Graduation rate
57%
GradFax Outcomes Index
B

Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Costs

Sticker price

$26,354

Avg net price after aid

$11,551

Sticker price$26,354
Avg net price after aid$11,551
Tuition (in-state)
$9,476
Tuition (out-of-state)
$27,247
Room & board
$16,878
Total cost of attendance (sticker)
$26,354
Avg net price after aid
$11,551
Net price calculator

Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Financial aid

Receiving financial aid

82%

Avg grant aid

$13,190

Receiving financial aid
82%
Pell grant recipients
29%
Avg grant aid
$13,190

Data from College Scorecard, U.S. Dept. of Education.

Student body

Total enrollment
1,622
Institution type
4-year
Control
Public

Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Campus life

Food near campus
Housing & living costs
Find off-campus housing

Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Location

City, state
Socorro, NM
Campus setting
Town: Remote
Distance from home
Cost of living
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Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.

Graduate programs

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Detailed graduate program data coming soon.

More about New Mexico Institute of Mining and Technology

21 reported figures shown on this page. Every one is sourced from a federal database, a verified API, or clearly labeled community data.

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New Mexico Institute of Mining and Technology profile on GradFax. Verified data from IPEDS 2024 and the U.S. Department of Education College Scorecard. Tuition, acceptance rate, enrollment, graduation rate, campus details, and financial aid data sourced from official government records.