Cappex.com - College search made simple.
Dismiss notification

Interested in this school?

Please type at least the first 4 letters of the school name.

New Mexico Institute of Mining and Technology Tuition & Costs

Your Estimated Price

$15,911 Annual Cost to Attend

Cost Breakdown
$5,841 tuition
$7,942 on campus room & board
$1,078 books and supplies
$1,050 fees
(Based on stats from 2016/2017)

$29,061 Annual Cost to Attend

Cost Breakdown
$18,991 tuition
$7,942 on campus room & board
$1,078 books and supplies
$1,050 fees
(Based on stats from 2016/2017)
Estimated Net Price
Get Your Estimated Cost

Colleges like New Mexico Institute of Mining and Technology are working hard to make tuition affordable to deserving students.

Use our tool to get a quick guess about your actual costs and links to tools to get an even better estimate directly form the college.

Average Aid

$3,018 Annual Institutional Aid

Average Aid
92% of students receive aid
29% get federal aid ($4,788 avg)
75% get state aid ($3,325 avg)
74% get institn'l aid ($3,018 avg)
48% get loans ($4,987 avg)

Tuition Trends

Historical Tuition and Fees, with Projected Future Amounts

Future projections are based on past four years' data averaging 6.47% annual change in in-state tuition and fees and 5.49% change in out-of-state tuition and fees. Amounts shown are estimates only and not guaranteed. For a better estimate, contact the college directly.

Financial Aid

$1,751,968
Annual Aid Awarded
Aid/Loans
Average Amount Percent Awarded
Grant or Scholarship Aid $6,817 90%
Federal Grant Aid $4,788 29%
Pell Grants $4,363 29%
Other Federal Grants $1,764 7%
Institution Grant Aid $3,018 74%
State Grant Aid $3,325 75%
Student Loans $4,987 48%
Federal Loans $4,834 47%
Other Loans $9,040 2%

Merit Aid Available

Merit Aid

Merit Scholarships Available Amount freshman returning transfer graduate
$1,000 R n n n
- R R
- R R
$2,000 - $8,000 R n n n
$6,000 - $24,000 R
$800 R
- R
$4,000 - $16,000 R
$2,000 R n R n
$700 R
Financial Aid Timeline
Financial aid priority deadline: June 1
Financial aid deadline: -
College will notify student of financial aid decisions on or about: -
Student must reply to financial aid decision by: within 2 week(s) of notification
Financial Aid Contact Info
801 Leroy Place
Socorro, NM 87801
(800) 428-8324
http://www.nmt.edu/financial-aid-financial-aid
Costs Per Credit Hour
In State $243
Out of State $791

Reviews

Student Responses to Review Topic: Bang for the buck
  • 5
  • Quintessa from Socorro, NM
  • Dec-28-2014 I am a current student here

    New Mexico Tech is SO cheap, but a GREAT SCHOOL! I know so many students who don't even have to go in debt to attend, and graduate with a bachelors, making above $70,000 starting salary.

    Read More
  • 5
  • Matthew from Albuquerque, NM
  • May-23-2014 I am a current student here

    New Mexico Institute of Mining and Technology has the lowest cost of tuition in the state and one of the best engineering programs in the U.S.

    Read More
  • 5
  • Sarah
  • Apr-14-2014 I am a current student here

    Great price, even for non-residents. It's also possible to become a NM state resident and apply for the in-state tuition, which brings the cost of a semester down around $3000. The school has good facilities and great faculty, and students will learn a lot if they apply themselves. More than worth the price, especially with such a small school environment.

    Read More
  • 5
  • Brian from Las Vegas, NV
  • Nov-05-2013 I am a current student here

    Tech is definitely one of the best educations you can get without plunging yourself into hundreds of thousands in debt. Four years here costs about as much as a year at an Ivy League school, but you actually get a very comparable education.

    Read More