# New Mexico Institute of Mining and Technology

> CollegeRanker Agent Insights — structured school profile for AI systems
> Source: https://www.collegeranker.com/colleges/new-mexico-institute-of-mining-and-technology

## Overview

- **Location:** Socorro, NM
- **Type:** Public
- **Setting:** Town
- **Region:** Southwest
- **Enrollment:** 995
- **Predominant Degree:** Bachelor's
- **Hispanic-Serving Institution:** Yes

With an enrollment of just 995 students, New Mexico Institute of Mining and Technology is a close-knit community that’s particularly well-suited for those passionate about fields like Engineering, Computer Science, and the Physical Sciences. The 44% acceptance rate indicates a selective process, attracting students who are ready to dive deep into their studies. If you’re looking for a place to immerse yourself in technical and scientific disciplines, this school stands out for its commitment to these areas.

Graduates from New Mexico Tech can expect solid earning potential, with a median income of $76,489 a decade after finishing their degrees. That number speaks volumes about the value of the education here, especially considering that many students graduate with a manageable median debt of $19,085. While 30% of students receive Pell Grants, indicating the presence of financial need, the overall affordability of the net price—around $9,873 after aid—makes this institution accessible for a range of students.

When it comes to thriving at New Mexico Tech, students who are self-motivated and have a genuine interest in science and technology tend to excel. The supportive environment, combined with a focus on practical skills, helps students navigate their academic journey effectively. With a graduation rate of 57%, those who stay engaged with their studies are well-positioned for successful careers after graduation.

## Admissions

| Metric | Value |
|--------|-------|
| Acceptance Rate | 44% |
| SAT Average | 1207 |
| ACT Midpoint | 26 |

## Cost & Aid

| Metric | Value |
|--------|-------|
| In-State Tuition | $9,476 |
| Out-of-State Tuition | $27,247 |
| Average Net Price | $9,873 |
| Median Debt | $19,085 |
| Pell Grant Rate | 30% |
| Federal Loan Rate | 31% |

### Net Price by Family Income

| Family Income | Net Price |
|--------------|----------|
| $0-$30K | $5,136 |
| $30K-$48K | $7,640 |
| $48K-$75K | $10,106 |
| $75K-$110K | N/A |
| $110K+ | $13,464 |

## Outcomes

| Metric | Value |
|--------|-------|
| Graduation Rate | 57% |
| Retention Rate | 77% |
| Earnings (6yr) | $54,530 |
| Earnings (8yr) | $60,432 |
| Earnings (10yr) | $76,489 |
| Debt-to-Earnings | 0.25x |
| Loan Repayment (3yr) | N/A |

## Social Mobility (Opportunity Insights)

Data source: Raj Chetty's Mobility Report Card (30M+ anonymized tax records)

| Metric | Value |
|--------|-------|
| Mobility Rate (Q1→Q5) | 399.02% |
| Success Rate (bottom 20% → top 20%) | 4767.7% |
| Students from Bottom 20% | 836.9% |
| Parent Median Income | $91,800 |

## Social Capital (Social Capital Atlas)

| Metric | Value |
|--------|-------|
| Economic Connectedness | 1.38 |
| Friending Bias | -0.05 |
| Volunteering Rate | 7.5% |
| Support Ratio | 1.00 |

## Innovation (Opportunity Insights Patent Data)

| Metric | Value |
|--------|-------|
| Inventor Rate | 3.782% |
| Total Patents | 24 |
| Total Citations | 1 |

## Top Programs

| Program | Enrollment Share |
|---------|------------------|
| Engineering | 59% |
| Computer Science & IT | 11% |
| Physical Sciences | 11% |
| Biology & Biomedical | 8% |
| Mathematics & Statistics | 5% |
| Humanities | 2% |
| Psychology | 1% |
| English & Literature | 0% |

## Rankings

This school appears in 79 CollegeRanker rankings:

- #1 in [Best Colleges in New Mexico](https://www.collegeranker.com/rankings/best-colleges-new-mexico)
- #1 in [Best Master's Programs in New Mexico](https://www.collegeranker.com/rankings/best-masters-new-mexico)
- #3 in [Best Colleges in Southwest](https://www.collegeranker.com/rankings/best-colleges-southwest)
- #3 in [Most Affordable Colleges for Mathematics](https://www.collegeranker.com/rankings/most-affordable-mathematics)
- #5 in [Most Affordable Colleges for Engineering](https://www.collegeranker.com/rankings/most-affordable-engineering)
- #5 in [Most Affordable Colleges for Physical Sciences](https://www.collegeranker.com/rankings/most-affordable-physical-sciences)
- #5 in [Most Affordable Colleges for Environmental Science](https://www.collegeranker.com/rankings/most-affordable-environmental-science)
- #5 in [Most Affordable Colleges for Mechanical Engineering](https://www.collegeranker.com/rankings/most-affordable-mechanical-engineering)
- #5 in [Most Affordable Colleges for Electrical Engineering](https://www.collegeranker.com/rankings/most-affordable-electrical-engineering)
- #5 in [Most Affordable Colleges for Civil Engineering](https://www.collegeranker.com/rankings/most-affordable-civil-engineering)
- #6 in [Best Hispanic-Serving Institutions](https://www.collegeranker.com/rankings/best-hispanic-serving)
- #6 in [Best HSI Bachelor's Programs](https://www.collegeranker.com/rankings/best-hsi-bachelors)
- #6 in [Best HSI Master's Programs](https://www.collegeranker.com/rankings/best-hsi-masters)
- #10 in [Best Colleges for Engineering](https://www.collegeranker.com/rankings/best-colleges-engineering)
- #10 in [Best Colleges for Mechanical Engineering](https://www.collegeranker.com/rankings/best-colleges-mechanical-engineering)
- #10 in [Best Colleges for Electrical Engineering](https://www.collegeranker.com/rankings/best-colleges-electrical-engineering)
- #10 in [Best Colleges for Civil Engineering](https://www.collegeranker.com/rankings/best-colleges-civil-engineering)
- #10 in [Best Bachelor's in Engineering](https://www.collegeranker.com/rankings/best-bachelors-engineering)
- #10 in [Best Bachelor's in Mechanical Engineering](https://www.collegeranker.com/rankings/best-bachelors-mechanical-engineering)
- #10 in [Best Bachelor's in Electrical Engineering](https://www.collegeranker.com/rankings/best-bachelors-electrical-engineering)
- #10 in [Best Bachelor's in Civil Engineering](https://www.collegeranker.com/rankings/best-bachelors-civil-engineering)
- #10 in [Best Master's in Engineering](https://www.collegeranker.com/rankings/best-masters-engineering)
- #10 in [Best Master's in Mechanical Engineering](https://www.collegeranker.com/rankings/best-masters-mechanical-engineering)
- #10 in [Best Master's in Electrical Engineering](https://www.collegeranker.com/rankings/best-masters-electrical-engineering)
- #10 in [Best Master's in Civil Engineering](https://www.collegeranker.com/rankings/best-masters-civil-engineering)
- #13 in [Most Affordable Colleges in New Mexico](https://www.collegeranker.com/rankings/most-affordable-colleges-new-mexico)
- #16 in [Best Public University Master's Programs](https://www.collegeranker.com/rankings/best-public-masters)
- #18 in [Most Affordable Colleges for Computer Science](https://www.collegeranker.com/rankings/most-affordable-computer-science)
- #18 in [Most Affordable Colleges for Data Science](https://www.collegeranker.com/rankings/most-affordable-data-science)
- #18 in [Most Affordable Colleges for Cybersecurity](https://www.collegeranker.com/rankings/most-affordable-cybersecurity)
- #18 in [Most Affordable Colleges for Information Technology](https://www.collegeranker.com/rankings/most-affordable-information-technology)
- #21 in [Most Affordable Colleges for Biology](https://www.collegeranker.com/rankings/most-affordable-biology)
- #21 in [Best Social Mobility Colleges for Engineering](https://www.collegeranker.com/rankings/best-mobility-engineering)
- #21 in [Best Social Mobility Colleges for Mechanical Engineering](https://www.collegeranker.com/rankings/best-mobility-mechanical-engineering)
- #21 in [Best Social Mobility Colleges for Electrical Engineering](https://www.collegeranker.com/rankings/best-mobility-electrical-engineering)
- #21 in [Best Social Mobility Colleges for Civil Engineering](https://www.collegeranker.com/rankings/best-mobility-civil-engineering)
- #21 in [Best Public Universities for Social Mobility](https://www.collegeranker.com/rankings/best-public-universities-mobility)
- #22 in [Best Small Colleges](https://www.collegeranker.com/rankings/best-small-colleges)
- #22 in [Best ROI Colleges for Engineering](https://www.collegeranker.com/rankings/best-roi-engineering)
- #22 in [Best ROI Colleges for Mechanical Engineering](https://www.collegeranker.com/rankings/best-roi-mechanical-engineering)
- #22 in [Best ROI Colleges for Electrical Engineering](https://www.collegeranker.com/rankings/best-roi-electrical-engineering)
- #22 in [Best ROI Colleges for Civil Engineering](https://www.collegeranker.com/rankings/best-roi-civil-engineering)
- #25 in [Best Colleges for Physical Sciences](https://www.collegeranker.com/rankings/best-colleges-physical-sciences)
- #25 in [Best Colleges for Environmental Science](https://www.collegeranker.com/rankings/best-colleges-environmental-science)
- #25 in [Best Bachelor's in Physical Sciences](https://www.collegeranker.com/rankings/best-bachelors-physical-sciences)
- #25 in [Best Bachelor's in Environmental Science](https://www.collegeranker.com/rankings/best-bachelors-environmental-science)
- #25 in [Best Master's in Physical Sciences](https://www.collegeranker.com/rankings/best-masters-physical-sciences)
- #25 in [Best Master's in Environmental Science](https://www.collegeranker.com/rankings/best-masters-environmental-science)
- #28 in [Best Colleges for Mathematics](https://www.collegeranker.com/rankings/best-colleges-mathematics)
- #28 in [Best Bachelor's in Mathematics](https://www.collegeranker.com/rankings/best-bachelors-mathematics)
- #28 in [Best Master's in Mathematics](https://www.collegeranker.com/rankings/best-masters-mathematics)
- #28 in [Best ROI Colleges for Mathematics](https://www.collegeranker.com/rankings/best-roi-mathematics)
- #28 in [Best Social Mobility Colleges for Mathematics](https://www.collegeranker.com/rankings/best-mobility-mathematics)
- #29 in [Colleges With the Largest Endowments Per Student](https://www.collegeranker.com/rankings/highest-endowment-per-student)
- #30 in [Best Colleges Under $20K/Year](https://www.collegeranker.com/rankings/best-colleges-under-20k)
- #30 in [Best Social Mobility Colleges for Physical Sciences](https://www.collegeranker.com/rankings/best-mobility-physical-sciences)
- #30 in [Best Social Mobility Colleges for Environmental Science](https://www.collegeranker.com/rankings/best-mobility-environmental-science)
- #32 in [Best ROI Colleges for Physical Sciences](https://www.collegeranker.com/rankings/best-roi-physical-sciences)
- #32 in [Best ROI Colleges for Environmental Science](https://www.collegeranker.com/rankings/best-roi-environmental-science)
- #33 in [Colleges With the Highest ROI](https://www.collegeranker.com/rankings/best-roi-colleges)
- #41 in [Colleges With the Highest Inventor Rate](https://www.collegeranker.com/rankings/highest-inventor-rate)
- #41 in [Best Colleges for Low-Income Inventors](https://www.collegeranker.com/rankings/innovation-for-low-income)
- #42 in [Best Colleges for Low-Income Students](https://www.collegeranker.com/rankings/best-colleges-low-income-access)
- #45 in [Highest-Paying Colleges for Mathematics](https://www.collegeranker.com/rankings/highest-paying-mathematics)
- #46 in [Highest-Paying Colleges for Physical Sciences](https://www.collegeranker.com/rankings/highest-paying-physical-sciences)
- #46 in [Highest-Paying Colleges for Environmental Science](https://www.collegeranker.com/rankings/highest-paying-environmental-science)
- #48 in [Best Colleges for Computer Science](https://www.collegeranker.com/rankings/best-colleges-computer-science)
- #48 in [Best Colleges for Data Science](https://www.collegeranker.com/rankings/best-colleges-data-science)
- #48 in [Best Colleges for Cybersecurity](https://www.collegeranker.com/rankings/best-colleges-cybersecurity)
- #48 in [Best Colleges for Information Technology](https://www.collegeranker.com/rankings/best-colleges-information-technology)
- #48 in [Best Bachelor's in Computer Science](https://www.collegeranker.com/rankings/best-bachelors-computer-science)
- #48 in [Best Bachelor's in Data Science](https://www.collegeranker.com/rankings/best-bachelors-data-science)
- #48 in [Best Bachelor's in Cybersecurity](https://www.collegeranker.com/rankings/best-bachelors-cybersecurity)
- #48 in [Best Bachelor's in Information Technology](https://www.collegeranker.com/rankings/best-bachelors-information-technology)
- #48 in [Best Master's in Computer Science](https://www.collegeranker.com/rankings/best-masters-computer-science)
- #48 in [Best Master's in Data Science](https://www.collegeranker.com/rankings/best-masters-data-science)
- #48 in [Best Master's in Cybersecurity](https://www.collegeranker.com/rankings/best-masters-cybersecurity)
- #48 in [Best Master's in Information Technology](https://www.collegeranker.com/rankings/best-masters-information-technology)
- #50 in [Colleges Where Graduates Earn Over $75K](https://www.collegeranker.com/rankings/graduates-earning-over-75k)

## Data Sources

- U.S. Department of Education College Scorecard (https://collegescorecard.ed.gov)
- Opportunity Insights Mobility Report Card (https://opportunityinsights.org/data)
- Opportunity Insights Social Capital Atlas
- Opportunity Insights Patent & Innovation Data
- NCES IPEDS

## Citation

CollegeRanker. "New Mexico Institute of Mining and Technology — School Profile." CollegeRanker.com. https://www.collegeranker.com/colleges/new-mexico-institute-of-mining-and-technology