Financial Aid at New Mexico Tech

The average amount of financial aid is $10,530 where 83% of enrolled students have received grants or scholarship aid at New Mexico Institute of Mining and Technology. The average amount of tuition & fees is $9,058 for New Mexico residents and $26,312 for out-of-state students at New Mexico Institute of Mining and Technology.
  • Average Financial Aid: $10,530
  • Undergraduate Tuition: $26,312 ($9,058 New Mexico residents)

Explorer New Mexico Institute of Mining and Technology

All Undergraduate Student Financial Aid

For academic year 2022-2023, total 1,034 students (83% of all undergraduate students) have received grants or scholarships and the average received amount is $10,530. Grant/scholarship aid includes federal, state, local, institutional or other sources of grant aid. Next table shows the financial aid statistics for all undergraduate students by aid types at New Mexico Institute of Mining and Technology.
Financial Aid Statistics at New Mexico Institute of Mining and Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,03483%$10,530
Pell Grants40432%$5,209
Federal Student Loans50040%$5,658

Beginning Student Financial Aid

For first time, full time beginning students (freshmen), total 293 students (99% of all freshmen) have received any type of financial aid and 292 students (99% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students. The average amount of grant/scholarship aid is $10,293 and the average amount of student loan aid is $4,925. Next table shows the headcount and average received amount of financial aid by source of the aid at New Mexico Institute of Mining and Technology.
Beginning Students Financial Aid Statistics at New Mexico Institute of Mining and Technology
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid29399%-
Grants or Scholarship from All Sources29299%$10,293
Federal Grants10034%$5,524
Pell Grants9933%$5,027
Other Federal Grants6823%$804
State/Local Grants24181%$4,764
Institutional Grants27091%$4,833
Student Loans12542%$4,925
Federal Student Loans12241%$4,605
Other Student Loans52%$10,754

Grants and Scholarship Aid By Income Level

Next table shows the number of students awarded and average grants/scholarship aid amount by income level for whom paying in-state tuition rate at New Mexico Institute of Mining and Technology. The sources of grants and scholarship aid are the federal government, state/local government, or the institution (New Mexico Institute of Mining and Technology.
Financial Aid Statistics By Income Level at New Mexico Institute of Mining and Technology
Income LevelNumber of StudentsNumber of Students AwardedAverage Amount Aid Awarded
All level111111$15,138
$0-$30,0004545$17,452
$30,001-$48,0003636$16,014
$48,001-$75,0002121$11,595
$75,001-$110,00077$9,425
$110,001 or more22$4,500

Highest Tuition in New Mexico

See Colleges having the highest tuition & fees in New Mexico
Brookline College-Albuquerque (Brookline College-Albuquerque) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $88,847. The school has a total enrollment of 528 and student to faculty ratio is 18 to 1 (5.56%).
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Carrington College-Albuquerque (Carrington College-Albuquerque) is a Private, 2-4 years school located in Albuquerque, NM. The 2023 tuition & fees is $61,578. The school has a total enrollment of 377 and student to faculty ratio is 18 to 1 (5.56%).
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St. John's College (St. John's) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $38,946. The school has a total enrollment of 439 and student to faculty ratio is 8 to 1 (12.50%).
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Southwest Acupuncture College-Santa Fe (Southwest Acupuncture College-Santa Fe) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $26,997. The school has a total enrollment of 7.
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Santa Fe University of Art and Design (Santa Fe University of Art and Design) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $26,635. The school has a total enrollment of 161 and student to faculty ratio is 6 to 1 (16.67%).
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Lowest Tuition in New Mexico

See Colleges having the lowest tuition & fees in New Mexico (4 years colleges)
Navajo Technical University (Navajo Technical) is a Public, 4-years school located in Crownpoint, NM. Navajo Technical University is a tribal college.The 2023 tuition & fees is $2,402 for New Mexico residents and $4,250 for out-of-state students. The school has a total enrollment of 1,354 and student to faculty ratio is 8 to 1 (12.50%).
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Institute of American Indian and Alaska Native Culture and Arts Development (Institute of American Indian and Alaska Native Culture and Arts Development) is a Public, 4-years school located in Santa Fe, NM. Institute of American Indian and Alaska Native Culture and Arts Development is a tribal college.The 2023 tuition & fees is $5,561 for New Mexico residents and $5,801 for out-of-state students. The school has a total enrollment of 868 and student to faculty ratio is 9 to 1 (11.11%).
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Eastern New Mexico University-Main Campus (Eastern New Mexico University-Main Campus) is a Public, 4-years school located in Portales, NM. The 2023 tuition & fees is $6,863 for New Mexico residents and $8,843 for out-of-state students. The school has a total enrollment of 5,106 and student to faculty ratio is 16 to 1 (6.25%).
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University of Phoenix-New Mexico (Phoenix-New Mexico) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $9,552. The school has a total enrollment of 13 and student to faculty ratio is 5 to 1 (20.00%).
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New Mexico Highlands University (New Mexico Highlands) is a Public, 4-years school located in Las Vegas, NM. The 2023 tuition & fees is $7,260 for New Mexico residents and $12,180 for out-of-state students. The school has a total enrollment of 2,677 and student to faculty ratio is 10 to 1 (10.00%).
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Rivalry Schools to New Mexico Tech

Compare similar and rivalry schools to New Mexico Institute of Mining and Technology with admission, tuition, and more academic facts.
Urban Academy of Beauty (Urban Academy of Beauty) is a Private, Less than 2 years school located in Rio Rancho, NM. The 2023 tuition & fees is $12,000. The school has a total enrollment of 17 and student to faculty ratio is 14 to 1 (7.14%).
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Avenue Academy, A Cosmetology Institute (Avenue Academy, A Cosmetology Institute) is a Private, Less than 2 years school located in Albuquerque, NM. The 2023 tuition & fees is $10,750. The school has a total enrollment of 97 and student to faculty ratio is 20 to 1 (5.00%).
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Glitz School of Cosmetology (Glitz School of Cosmetology) is a Private, Less than 2 years school located in Las Cruces, NM. The 2023 tuition & fees is $21,100. The school has a total enrollment of 168 and student to faculty ratio is 20 to 1 (5.00%).
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Burrell College of Osteopathic Medicine (Burrell College of Osteopathic Medicine) is a Private, 4-years school located in Las Cruces, NM. The school has a total enrollment of 662.
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Aveda Institute-New Mexico (Aveda Institute-New Mexico) is a Private, Less than 2 years school located in Albuquerque, NM. The 2023 tuition & fees is $16,818. The school has a total enrollment of 145 and student to faculty ratio is 20 to 1 (5.00%).
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Paul Mitchell the School-Albuquerque (Paul Mitchell the School-Albuquerque) is a Private, Less than 2 years school located in Albuquerque, NM. The 2023 tuition & fees is $15,500. The school has a total enrollment of 167 and student to faculty ratio is 30 to 1 (3.33%).
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Brookline College-Albuquerque (Brookline College-Albuquerque) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $88,847. The school has a total enrollment of 528 and student to faculty ratio is 18 to 1 (5.56%).
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Pima Medical Institute-Albuquerque West (Pima Medical Institute-Albuquerque West) is a Private, 2-4 years school located in Albuquerque, NM. The 2023 tuition & fees is $14,700. The school has a total enrollment of 75 and student to faculty ratio is 20 to 1 (5.00%).
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Carrington College-Albuquerque (Carrington College-Albuquerque) is a Private, 2-4 years school located in Albuquerque, NM. The 2023 tuition & fees is $61,578. The school has a total enrollment of 377 and student to faculty ratio is 18 to 1 (5.56%).
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National American University-Albuquerque West (National American University-Albuquerque West) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $15,000. The school has a total enrollment of 30 and student to faculty ratio is 11 to 1 (9.09%).
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Universal Therapeutic Massage Institute (UTMI) is a Private, Less than 2 years school located in Albuquerque, NM. The 2023 tuition & fees is $12,910. The school has a total enrollment of 124 and student to faculty ratio is 14 to 1 (7.14%).
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University of Phoenix-New Mexico (Phoenix-New Mexico) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $9,552. The school has a total enrollment of 13 and student to faculty ratio is 5 to 1 (20.00%).
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Southwest University of Visual Arts-Albuquerque (Southwest University of Visual Arts-Albuquerque) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $23,044. The school has a total enrollment of 49 and student to faculty ratio is 4 to 1 (25.00%).
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Eastern New Mexico University Ruidoso Branch Community College (ENMU-Ruidoso) is a Public, 2-4 years school located in Ruidoso, NM. The 2023 tuition & fees is $1,804 for New Mexico residents and $2,644 for out-of-state students. The school has a total enrollment of 691 and student to faculty ratio is 12 to 1 (8.33%).
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Southwest Acupuncture College-Santa Fe (Southwest Acupuncture College-Santa Fe) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $26,997. The school has a total enrollment of 7.
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Luna Community College (Luna CC) is a Public, 2-4 years school located in Las Vegas, NM. The 2023 tuition & fees is $1,634 for New Mexico residents and $3,050 for out-of-state students. The school has a total enrollment of 774 and student to faculty ratio is 12 to 1 (8.33%).
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National American University-Albuquerque (National American University-Albuquerque) is a Private, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $15,000. The school has a total enrollment of 190 and student to faculty ratio is 10 to 1 (10.00%).
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St. John's College (St. John's) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $38,946. The school has a total enrollment of 439 and student to faculty ratio is 8 to 1 (12.50%).
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Vogue College of Cosmetology-Santa Fe (Vogue College of Cosmetology-Santa Fe) is a Private, Less than 2 years school located in Santa Fe, NM. The 2023 tuition & fees is $15,500. The school has a total enrollment of 68 and student to faculty ratio is 15 to 1 (6.67%).
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Mesalands Community College (Mesalands CC) is a Public, 2-4 years school located in Tucumcari, NM. The 2023 tuition & fees is $2,136 for New Mexico residents and $3,408 for out-of-state students. The school has a total enrollment of 824 and student to faculty ratio is 12 to 1 (8.33%).
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University of New Mexico-Taos Campus (UNM-Taos) is a Public, 2-4 years school located in Ranchos de Taos, NM. The 2023 tuition & fees is $2,004 for New Mexico residents and $5,004 for out-of-state students. The school has a total enrollment of 1,222 and student to faculty ratio is 36 to 1 (2.78%).
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Southwestern Indian Polytechnic Institute (SIPI) is a Public, 2-4 years school located in Albuquerque, NM. Southwestern Indian Polytechnic Institute is a tribal college.The 2023 tuition & fees is $1,095 for New Mexico residents and $1,095 for out-of-state students. The school has a total enrollment of 269 and student to faculty ratio is 7 to 1 (14.29%).
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Southwestern College (Southwestern) is a Private, 4-years school located in Santa Fe, NM. The 2023 tuition & fees is $20,036. The school has a total enrollment of 193.
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Santa Fe Community College (SFCC) is a Public, 2-4 years school located in Santa Fe, NM. The 2023 tuition & fees is $2,505 for New Mexico residents and $4,995 for out-of-state students. The school has a total enrollment of 3,266 and student to faculty ratio is 11 to 1 (9.09%).
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San Juan College (SJC) is a Public, 2-4 years school located in Farmington, NM. The 2023 tuition & fees is $1,790 for New Mexico residents and $4,985 for out-of-state students. The school has a total enrollment of 5,454 and student to faculty ratio is 12 to 1 (8.33%).
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Northern New Mexico College (Northern New Mexico) is a Public, 4-years school located in Espanola, NM. The 2023 tuition & fees is $6,400 for New Mexico residents and $14,328 for out-of-state students. The school has a total enrollment of 1,154 and student to faculty ratio is 12 to 1 (8.33%).
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University of New Mexico-Valencia County Campus (UNM-Valencia) is a Public, 2-4 years school located in Los Lunas, NM. The 2023 tuition & fees is $1,878 for New Mexico residents and $5,130 for out-of-state students. The school has a total enrollment of 1,953 and student to faculty ratio is 19 to 1 (5.26%).
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New Mexico State University-Main Campus (NMSU) is a Public, 4-years school located in Las Cruces, NM. The 2023 tuition & fees is $8,147 for New Mexico residents and $25,271 for out-of-state students. The school has a total enrollment of 14,268 and student to faculty ratio is 16 to 1 (6.25%).
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New Mexico State University-Grants (NMSU-Grants) is a Public, 2-4 years school located in Grants, NM. The 2023 tuition & fees is $2,376 for New Mexico residents and $4,272 for out-of-state students. The school has a total enrollment of 825 and student to faculty ratio is 17 to 1 (5.88%).
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Southeast New Mexico College (NMSU-Carlsbad) is a Public, 2-4 years school located in Carlsbad, NM. The 2023 tuition & fees is $1,968 for New Mexico residents and $4,008 for out-of-state students. The school has a total enrollment of 1,673 and student to faculty ratio is 13 to 1 (7.69%).
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New Mexico State University-Alamogordo (NMSU-Alamogordo) is a Public, 2-4 years school located in Alamogordo, NM. The 2023 tuition & fees is $3,000 for New Mexico residents and $6,072 for out-of-state students. The school has a total enrollment of 1,032 and student to faculty ratio is 11 to 1 (9.09%).
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University of New Mexico-Main Campus (UNM) is a Public, 4-years school located in Albuquerque, NM. The 2023 tuition & fees is $8,115 for New Mexico residents and $26,450 for out-of-state students. The school has a total enrollment of 21,953 and student to faculty ratio is 17 to 1 (5.88%).
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University of New Mexico-Los Alamos Campus (UNM-Los Alamos) is a Public, 2-4 years school located in Los Alamos, NM. The 2023 tuition & fees is $2,214 for New Mexico residents and $5,686 for out-of-state students. The school has a total enrollment of 1,009 and student to faculty ratio is 23 to 1 (4.35%).
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University of New Mexico-Gallup Campus (UNM-Gallup) is a Public, 2-4 years school located in Gallup, NM. The 2023 tuition & fees is $2,575 for New Mexico residents and $4,843 for out-of-state students. The school has a total enrollment of 2,113 and student to faculty ratio is 36 to 1 (2.78%).
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New Mexico Military Institute (NMMI) is a Public, 2-4 years school located in Roswell, NM. The 2023 tuition & fees is $6,990 for New Mexico residents and $14,042 for out-of-state students. The school has a total enrollment of 424 and student to faculty ratio is 12 to 1 (8.33%).
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New Mexico Junior College (New Mexico Junior) is a Public, 2-4 years school located in Hobbs, NM. The 2023 tuition & fees is $1,920 for New Mexico residents and $2,280 for out-of-state students. The school has a total enrollment of 2,228 and student to faculty ratio is 17 to 1 (5.88%).
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Institute of American Indian and Alaska Native Culture and Arts Development (Institute of American Indian Art) is a Public, 4-years school located in Santa Fe, NM. Institute of American Indian and Alaska Native Culture and Arts Development is a tribal college.The 2023 tuition & fees is $5,561 for New Mexico residents and $5,801 for out-of-state students. The school has a total enrollment of 868 and student to faculty ratio is 9 to 1 (11.11%).
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Eastern New Mexico University-Roswell Campus (Eastern New Mexico University-Roswell Campus) is a Public, 2-4 years school located in Roswell, NM. The 2023 tuition & fees is $2,424 for New Mexico residents and $5,616 for out-of-state students. The school has a total enrollment of 1,856 and student to faculty ratio is 24 to 1 (4.17%).
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Clovis Community College (Clovis CC) is a Public, 2-4 years school located in Clovis, NM. The 2023 tuition & fees is $1,736 for New Mexico residents and $3,224 for out-of-state students. The school has a total enrollment of 2,303 and student to faculty ratio is 17 to 1 (5.88%).
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New Mexico State University-Dona Ana (NMSU-Dona Ana) is a Public, 2-4 years school located in Las Cruces, NM. The 2023 tuition & fees is $2,718 for New Mexico residents and $6,360 for out-of-state students. The school has a total enrollment of 6,662 and student to faculty ratio is 20 to 1 (5.00%).
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De Wolff College Hair Styling and Cosmetology (DeWolff Institute) is a Private, Less than 2 years school located in Albuquerque, NM. The 2023 tuition & fees is $14,240. The school has a total enrollment of 12 and student to faculty ratio is 12 to 1 (8.33%).
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Navajo Technical University (Navajo Tech) is a Public, 4-years school located in Crownpoint, NM. Navajo Technical University is a tribal college.The 2023 tuition & fees is $2,402 for New Mexico residents and $4,250 for out-of-state students. The school has a total enrollment of 1,354 and student to faculty ratio is 8 to 1 (12.50%).
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Central New Mexico Community College (CNM) is a Public, 2-4 years school located in Albuquerque, NM. The 2023 tuition & fees is $1,934 for New Mexico residents and $8,366 for out-of-state students. The school has a total enrollment of 19,095 and student to faculty ratio is 20 to 1 (5.00%).
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Olympian Academy of Cosmetology (Olympian Academy of Cosmetology) is a Private, Less than 2 years school located in Alamogordo, NM. The 2023 tuition & fees is $16,800. The school has a total enrollment of 688 and student to faculty ratio is 18 to 1 (5.56%).
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Pima Medical Institute-Albuquerque (Pima Medical Institute-Albuquerque) is a Private, 2-4 years school located in Albuquerque, NM. The 2023 tuition & fees is $17,706. The school has a total enrollment of 690 and student to faculty ratio is 18 to 1 (5.56%).
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New Mexico Best Colleges

Check out the top colleges in New Mexico and compare them to get right decision.

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New Mexico Institute of Mining and TechnologyPublic, 4-yearsSocorro, NM

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New Mexico State University-Main CampusPublic, 4-yearsLas Cruces, NM

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Eastern New Mexico University-Main CampusPublic, 4-yearsPortales, NM

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2022-2023