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New Mexico Institute of Mining and Technology campus
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New Mexico Institute of Mining and Technology

Socorro, NM 4 year Public

In-State Tuition & Fees

$8,425

Cost of attendance at New Mexico Institute of Mining and Technology in 2022 for students from New Mexico.

See how the college's in-state sticker price compares to 4 year , public colleges in the state as well as nationally.

New Mexico's average $6,451
National average $8,573

Out-of-State Tuition & Fees

$24,254

Cost of attendance at New Mexico Institute of Mining and Technology in 2022 for the out-of-state and international students

See how the college's out-of-state sticker price compares to 4 year , public colleges in the state as well as nationally.

New Mexico's average $14,455
National average $18,862

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at New Mexico Institute of Mining and Technology was $12,471. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Visit the financial aid page for more in-depth stats and analysis of financial aids offered at NM Tech

NM Tech net price calculator

$12,471

Below is the average net price of 4 year, public colleges in New Mexico and nationwide.

New Mexico's average $10,477
National average $12,582
Below is the net price of NM Tech for the past 10 years categorized by different levels of family income brackets.
Year Average Price Change Less than $30k $30k to $48k $48k to $75k $75k to $110k over $110k
2022 $12,471 $2,363 (16%) $7,320 $7,566 $11,039 $15,085 $16,229
2021 $14,834 $74 $9,697 $12,364 $15,379 $17,961 $17,705
2020 $14,908 $267 (2%) $10,924 $12,297 $14,429 $16,795 $17,136
2019 $14,641 $900 (7%) $9,948 $11,270 $15,175 $16,103 $16,981
2018 $13,741 $410 (3%) $8,797 $13,105 $14,405 $15,642 $15,547
2017 $13,331 $842 (7%) $8,801 $10,740 $13,756 $15,278 $15,160
2016 $12,489 $700 (6%) $7,977 $10,028 $12,498 $14,018 $14,588
2015 $11,789 $1,054 (10%) $8,547 $9,956 $12,654 $12,922 $14,244
2014 $10,735 -- $7,612 $8,118 $11,687 $12,279 $14,384

Cost of Attendance Breakdown and Change History

The table below presents the breakdown of New Mexico Institute of Mining and Technology's in-state sticker price (cost of attendance) into different categories, along with their trends over the past ten years:
Year Sticker Price (COA) Cost Change Tuition & Fees Room & Board Books & Supplies
2022 $21,193 $110 $8,425 $11,968 $800
2021 $21,083 $1,847 (8%) $8,361 $12,122 $600
2020 $22,930 $520 (2%) $8,156 $13,624 $1,150
2019 $22,410 $1,065 (5%) $7,770 $13,510 $1,130
2018 $21,345 $580 (3%) $7,183 $13,056 $1,106
2017 $20,765 $664 (3%) $6,891 $12,796 $1,078
2016 $20,101 $607 (3%) $6,613 $12,422 $1,066
2015 $19,494 $732 (4%) $6,256 $12,172 $1,066
2014 $18,762 $722 (4%) $5,714 $11,994 $1,054
2013 $18,040 -- $5,496 $11,506 $1,038

Frequently Asked Questions

Here are some frequently asked questions that may help you in your college cost research.

What kind of housing and meal plans are available at NM Tech? How much does it cost?
The college provides a combined housing and meal plan at $8,518 per school year. One academic year is typically nine months, so the cost of on-campus housing and meals at NM Tech is $946 per month.
What is the average cost of textbooks and course materials per annum?
NM Tech estimates that a full-time first-year student would need approximately $800.
Are there any additional expenses, such as transportation or personal expenses, that I should consider?
Depending on living arrangement, NM Tech estimates that students would need the following amount for personal and miscellaneous expenses. This category covers additional costs that students may incur throughout the academic year, such as transportation, personal supplies, and leisure activities.
  • If living on-campus: $3,450
  • If living off-campus, with family: $3,450
  • If living off-campus, not with family: $3,450
How much is NM Tech application fees?
The application fee for undergraduate students is $15 and $16 for graduates.
Are there any payment plans or options for installment payments?
NM Tech offers the following payment plans: Prepaid tuition plan, Guaranteed tuition plan, Tuition payment plan, Other alternative tuition plan

Cost per Credit Hour

New Mexico Institute of Mining and Technology cost of courses per credit hour.
Undergraduate Programs Graduate Programs
For in-state students $293 $408
For out-of-state students $953 $1,350

Housing and Meal

NM Tech requires students to enroll in both the housing and meal plan. Here is a historical data of the housing and meal plan offered at New Mexico Institute of Mining and Technology for the past 7 years.
Year Meal price Housing price Combined price Max meal per week Dorm capacity
2022 N/A N/A $8,518 0 807
2021 N/A N/A $8,624 0 807
2020 N/A N/A $8,624 0 807
2019 N/A N/A $8,510 0 807
2018 N/A N/A $8,202 0 807
2017 N/A N/A $7,942 0 807
2016 N/A N/A $7,586 0 807

Tuition Plans

Tuition plans offered by New Mexico Institute of Mining and Technology during 2022 academic year.

  • Prepaid tuition plan
    Not Offered
  • Guaranteed tuition plan
    Not Offered
  • Tuition payment plan
    Not Offered
  • Other alternative tuition plan
    Not Offered

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