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New Mexico Institute of Mining & Technology

Socorro, NM
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Tuition & Aid
Bottom line

New Mexico Tech offers outstanding preparation in science, engineering, and technology related fields. Undergrads may have opportunities to assist professors with research projects; there are also many opportunities to gain experience while working on campus. With only 1400 total students, and just more than 300 freshmen becoming a part of the Institute every year, the school is able to provide an excellent faculty-to-student ratio of 11:1. This allows close relationships with professors, enabling students to make the most of time spent in the classroom. And fortunately for all undergrads, 99 percent of Tech’s full-time faculty has earned doctoral degrees. All of these points certainly help lead to the following fact: the annual salary of NMT graduates ranks in the top 15 percent of more than 599 universities in the nation. New Mexico Institute tries to stay ahead of the curve in many ways; for instance, The Institute for Complex Additive Systems Analysis (ICASA) opened in the late 1990s to study, research and combat cyberterrorism and computer-based crime.
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Visiting And Contact Information

Campus Station

801 Leroy Place

Socorro, NM 87801

United States

Phone: 575-835-5424

Fax: 575-835-5989

Website

Financial Aid Statistics

Average Freshman Total Need-Based Gift Aid
$6,183
Average Undergraduate Total Need-Based Gift Aid
$5,809
Average Need-Based Loan
$4,416
Average amount of loan debt per graduate
$19,880
Undergraduates who have borrowed through any loan program
46.99%
Financial aid provided to international students
Yes

Expenses per Academic Year

In-State Tuition
$6,046
Out-of-State Tuition
$16,405
Required Fees
$668
Average Cost for Books and Supplies
$1,054
Tuition / Fees Vary by Year of Study
No
Estimate Transportation for Commuters (living at home)
$3,202
Estimate Transportation for Commuters (not living at home)
$3,202
Available Aid
Financial Aid Methodology Used:Federal
Scholarships and Grants:Federal Pell
SEOG
State Scholarships / Grants
Private Scholarships
College / University Scholarships
Federal Direct Student Loan Programs:Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
Federal Family Education Loan Program (FFEL):Federal Perkins Loans
Is Institutional Employment Available (other than Federal Work Study):Yes
Direct Lender:No

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Financial Aid Application Process

Rolling Basis Notification Begins
May
1
  • Required Forms
  • FAFSA
Office Phone Number :575-835-5333

Tuition and Aid

  • Financial Aid Rating:
    88
  • In-State Tuition:
    $6,046
  • Out-of-State Tuition:
    $16,405
  • On-Campus Room and Board:
    $7,178
  • Avg % of Need Met:
    80%
  • Avg Financial Aid Package:
    $11,806.07
  • Financial Aid Application Deadline:
    Rolling Basis
  • Financial Aid Notification Date:
    Rolling Basis
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