New Mexico Institute of Mining and Technology tuition, cost & net price

The sticker price at New Mexico Institute of Mining and Technology is $24,967 a year for New Mexico residents. After grants and scholarships, students receiving federal aid pay $9,873 on average, and what your family pays depends mostly on income. Choose yours below.

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What your family pays
$9,873 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $24,967. College Scorecard.

Net price by family income

Average after grants and scholarships for New Mexico residents receiving federal aid. Tap your band.

College Scorecard, latest reported year

Sticker price, line by line

Per year, living on campusIn-stateOut-of-state
Tuition & fees$9,476$27,247
Housing & meals$9,614$9,614
Books & supplies$800$800
Personal & travel$5,728$5,728
Living-at-home adjustment−$651−$651
Total cost of attendance$24,967$42,738

Cost items: IPEDS 2023-24, on-campus budget. Total: College Scorecard, which averages students living on and off campus; the adjustment row reconciles the two. Out-of-state total = in-state total with out-of-state tuition.

Debt after graduation

Median federal loan debt$11,057
Loan default rate6.0%3-year rate, 2017 repayment cohort
Debt as a share of earnings 10 years out14%

College Scorecard; Urban Institute Education Data Portal

Who gets aid

Students with Pell Grants30%Federal grants for lower-income students
Grants for the average aided student$15,094Sticker price minus average net price

College Scorecard

New Mexico Institute of Mining and Technology net price compared with other New Mexico colleges

New Mexico Institute of Mining and Technology has the 6th-lowest average net price of 11 New Mexico colleges we cover. Schools around it:

RankCollegeAvg. net priceGraduationEarnings, 10 yrs
2Navajo Technical University$5,33812%$26,364
3Northern New Mexico College$7,27629%$38,112
4Western New Mexico University$8,52232%$39,095
5New Mexico State University$8,88955%$39,067
6New Mexico Institute of Mining and Technology$9,87357%$76,489
7Institute of American Indian and Alaska Native Culture and Arts Development$12,57015%$24,505
8New Mexico Highlands University$14,83826%$45,937
9University of New Mexico$15,48955%$44,792
10University of the Southwest$16,92717%$45,389

College Scorecard, latest year. Average for all aided students; your price depends on income. All New Mexico colleges →

Why New Mexico Institute of Mining and Technology costs more or less than similar schools

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
New Mexico Institute of Mining and Technology44%$9,87357%$76,489This school
Northern New Mexico College—$7,27629%$38,112
Western New Mexico University—$8,52232%$39,095
New Mexico Highlands University—$14,83826%$45,937
Navajo Technical University—$5,33812%$26,364

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

New Mexico Institute of Mining and Technology would cost you $2,597 more per year than Northern New Mexico College, on average.

  • Higher sticker price at New Mexico Institute of Mining and Technology.
  • New Mexico Institute of Mining and Technology gives aided families $2,668 more in grants, on average.
Per year, New Mexico residentNew Mexico Institute of Mining and TechnologyNorthern New Mexico CollegeDifference
Sticker price$24,967$19,702+$5,265
Average grants−$15,094−$12,426−$2,668
You pay$9,873$7,276+$2,597

“+” means New Mexico Institute of Mining and Technology costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

New Mexico Institute of Mining and Technology cost questions

How much is tuition at New Mexico Institute of Mining and Technology?

Tuition and fees are $9,476 a year for New Mexico residents and $27,247 for out-of-state students.

What is the total cost of attending New Mexico Institute of Mining and Technology?

The total cost of attendance, including housing, meals, books and personal costs, is $24,967 a year for New Mexico residents living on campus and about $42,738 for out-of-state students.

What do families actually pay at New Mexico Institute of Mining and Technology?

After grants and scholarships, students receiving federal aid pay $9,873 a year on average. Families earning $0–30k pay $5,136; $48–75k pay $10,106; $110k+ pay $13,464. These figures are for New Mexico residents.

How much debt do New Mexico Institute of Mining and Technology graduates have?

The median federal loan debt at graduation is $11,057, and 6.0% of borrowers defaulted within three years of entering repayment (2017 cohort).

Is New Mexico Institute of Mining and Technology the right fit for your family?

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Sources: U.S. Department of Education College Scorecard and IPEDS; Urban Institute Education Data Portal (ODC-By). Net price is an average for first-time, full-time students receiving federal aid, not a quote; confirm with the school's net price calculator. Back to New Mexico Institute of Mining and Technology overview