Paying for New Mexico Institute of Mining and Technology

	In-State	Out-of-State
2024 Undergraduate Tuition & Fee	$9,058	$26,312
2024 Graduate Tuition & Fee	$9,378	$27,852

The 2024 tuition & fees of New Mexico Institute of Mining and Technology (New Mexico Tech) are $9,058 for New Mexico residents and $26,312 for out-of-state students. Its tuition & fees is much higher than the average amount for similar schools' tuition of $17,983 based on out-of-state tuition rate. The tuition & fee is the same as last year (2023) at New Mexico Tech.

83% of enrolled undergraduate students have received grants or scholarships and the average aid amount is $10,530. It could cover 40.02% of full tuition amount. After receiving the financial aid, the net price is $14,670 for New Mexico residents and $31,924 for out-of-state students including tuition, fees, books & supplies costs, and living costs.

New Mexico Tech's 4-year tuition is $38,008 for New Mexico residents and $110,661 for out-of-state students, based on current tuition and change rate. The estimated 4-year COA including living costs and personal expenses is $111,592 for New Mexico residents and $184,245 for out-of-state students.

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Tuition, Fees, Living Costs, and Cost of Attendance (COA)

Undergraduate Program Tuition & Fees

For the academic year 2023-2024, the undergraduate tuition & fees at New Mexico Institute of Mining and Technology is $9,058 for New Mexico residents and $26,312 for out-of-state students. The 2024 New Mexico Tech tuition & fees are same as the last year for both undergraduate and graduate schools. Its in-state undergraduate tuition & fees is around the average amount ($8,869) and its out-of-state undergraduate tuition & fees is much higher than the average amount for similar schools' tuition of $17,983.

The 2025 estimated undergraduate tuition & fees of New Mexico Tech is $9,058 for New Mexico residents and $26,312 for out-of-state students, the same as current year.

New Mexico Tech Undergraduate Tuition & Fees
Year	In-State	Out-of-State	On Campus Room & Board, Other Expenses
2022-2023	$9,058	$26,312	$13,210
2023-2024	$9,058	$26,312	$15,342
Change % 2023-2024	0.00%	0.00%	16.14%
2024-2025	$9,058	$26,312	$17,818

Graduate Program Tuition & Fees

For graduate programs, the in-state graduate tuition & fees is $9,378 and out-of-state tuition & fees is $27,852. Its in-state graduate tuition & fees is around the average amount ($9,917) and its out-of-state graduate tuition & fees is much higher than the average amount for similar schools' tuition of $17,418.

The 2025 estimated tuition & fees at New Mexico Tech is $9,378 for New Mexico residents and $27,852 for out-of-state students , the same as current year.

New Mexico Tech Graduate Tuition & Fees
Year	In-State	Out-of-State	On Campus Room & Board, Other Expenses
2022-2023	$9,378	$27,852	$13,210
2023-2024	$9,378	$27,852	$15,342
Change % 2023-2024	0.00%	0.00%	16.14%
2024-2025	$9,378	$27,852	$17,818

Cost Per Credit Hour

The below table describes the cost per credit hour for part-time students and/or full-time students who take additional courses more than regular credit hours at New Mexico Tech. The undergraduate cost per credit hour is $319 for New Mexico residents and $1,038 for out-of-state students. The graduate tuition per credit hour is $445 for New Mexico residents and $1,471 for out-of-state students.

Per Credit Hour Charge (2023-2024)
	Year	In-State	Out-of-State
Undergraduate	2022-2023	$319	$1,038
	2023-2024	$319	$1,038
	2024-2025	$319	$1,038
Graduate	2022-2023	$445	$1,471
	2023-2024	$445	$1,471
	2024-2025	$445	$1,471

Cost of Attendance with Living Costs and Books & Supplies

The living costs including for room, board, transpiration, and other personal expenses is $15,342. The Living costs increased by 16.14% compared to the previous year for both on-campus and off-campus stay.

The New Mexico Tech's 2024 on-campus COA is $25,200 for state residents and $42,454 for out-of-state students. The off-campus COA is $25,200 for state residents and $42,454 for out-of-state students.

2024 Cost of Attendance (COA) At New Mexico Tech
	On-Campus	Off Campus
Tuition & Fees (In-State)	$9,058
Tuition & Fees (Out-of-State)	$26,312
Room & Board	$9,614	$9,614
Personal Expenses	$5,728	$5,728
Books & Supplies	$800
COA (In-State)	$25,200	$25,200
COA (Out-of-State)	$42,454	$42,454

Data source: IPEDS (integrated Postsecondary Education Dta System)

Updated with 2023-2024 tuition (Last update: 03/01/2024)

Cost estimates for 2024-2025 are based on last year's rate of change.

New Mexico Tech Tuition Charts

The following charts visualize tuition, fees, living costs, and other expenses at New Mexico Tech. You can enlarge the chart to view detailed information.

4-Years Costs of Attendance

How Much is the tuition for 4 years at New Mexico Tech?

For the entering class 2024, the estimated tuition for 4 years at New Mexico Tech is $38,008 for New Mexico residents and $110,661 for out-of-state students.

The estimation excludes the book, supplies, and living costs before receiving any financial aid. See the other tabs for estimating 4-year total costs of attendance and after financial aid. The next table shows the estimated 4-years tuition & fees for the next 5 admission years. The estimation is based on 4-years changes in tuition & fees at the school.

New Mexico Tech 4 Years Tuition & Fees Estimates
	Residency	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028 (Entering Fall 2024)	In-State	$9,232	$9,410	$9,591	$9,775	$38,008
Class of 2028 (Entering Fall 2024)	Out-of-State	$26,843	$27,384	$27,936	$28,499	$110,661
Class of 2029 (Entering Fall 2025)	In-State	$9,410	$9,591	$9,775	$9,963	$38,740
Class of 2029 (Entering Fall 2025)	Out-of-State	$27,384	$27,936	$28,499	$29,074	$112,892
Class of 2030 (Entering Fall 2026)	In-State	$9,591	$9,775	$9,963	$10,155	$39,485
Class of 2030 (Entering Fall 2026)	Out-of-State	$27,936	$28,499	$29,074	$29,660	$115,168
Class of 2031 (Entering Fall 2027)	In-State	$9,775	$9,963	$10,155	$10,350	$40,244
Class of 2031 (Entering Fall 2027)	Out-of-State	$28,499	$29,074	$29,660	$30,258	$117,490
Class of 2032 (Entering Fall 2028)	In-State	$9,963	$10,155	$10,350	$10,550	$41,019
Class of 2032 (Entering Fall 2028)	Out-of-State	$29,074	$29,660	$30,258	$30,868	$119,859

COA including Books, Living Costs and Personal Expenses

The table shows the 4-years estimation of total costs of attendance (COA). It includes the tuition & fees, books & supplies costs, room & board charges, and other living expenses.

For the students who were admitted in Fall 2024, the estimated 4-years COA is $111,592 for New Mexico residents and $184,245 for out-of-state students.

New Mexico Tech 4 Years COA
	Residency	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028 (Entering Fall 2024)	In-State	$26,229	$27,307	$28,380	$29,503	$111,592
Class of 2028 (Entering Fall 2024)	Out-of-State	$43,840	$45,281	$46,781	$48,343	$184,245
Class of 2029 (Entering Fall 2025)	In-State	$27,307	$28,436	$29,559	$30,735	$116,222
Class of 2029 (Entering Fall 2025)	Out-of-State	$45,281	$46,781	$48,343	$49,969	$190,374
Class of 2030 (Entering Fall 2026)	In-State	$28,436	$29,619	$30,795	$32,026	$121,072
Class of 2030 (Entering Fall 2026)	Out-of-State	$46,781	$48,343	$49,969	$51,662	$196,756
Class of 2031 (Entering Fall 2027)	In-State	$29,619	$30,859	$32,090	$33,379	$126,155
Class of 2031 (Entering Fall 2027)	Out-of-State	$48,343	$49,969	$51,662	$53,427	$203,401
Class of 2032 (Entering Fall 2028)	In-State	$30,859	$32,158	$33,447	$34,798	$131,482
Class of 2032 (Entering Fall 2028)	Out-of-State	$49,969	$51,662	$53,427	$55,264	$210,323

Actual COA after Receiving Financial Aid

Last year, 83% of enrolled undergraduate students have received grants or scholarship aid. It includes any financial aid from the federal government, state, local, institute, and other sources known by the institution. It excludes federal/private student loans.

After receiving the financial aid, the net price for 4 years of attending the school is $69,472 for New Mexico residents and $142,125 for out-of-state students.

New Mexico Tech 4 Years COA after Receiving Financial Aid
	Residency	Freshmen	Sophomore	Junior	Senior	4 Years Total
Class of 2028 (Entering Fall 2024)	In-State	$15,699	$16,777	$17,850	$18,973	$69,472
Class of 2028 (Entering Fall 2024)	Out-of-State	$33,310	$34,751	$36,251	$37,813	$142,125
Class of 2029 (Entering Fall 2025)	In-State	$16,777	$17,906	$19,029	$20,205	$74,102
Class of 2029 (Entering Fall 2025)	Out-of-State	$34,751	$36,251	$37,813	$39,439	$148,254
Class of 2030 (Entering Fall 2026)	In-State	$17,906	$19,089	$20,265	$21,496	$78,952
Class of 2030 (Entering Fall 2026)	Out-of-State	$36,251	$37,813	$39,439	$41,132	$154,636
Class of 2031 (Entering Fall 2027)	In-State	$19,089	$20,329	$21,560	$22,849	$84,035
Class of 2031 (Entering Fall 2027)	Out-of-State	$37,813	$39,439	$41,132	$42,897	$161,281
Class of 2032 (Entering Fall 2028)	In-State	$20,329	$21,628	$22,917	$24,268	$89,362
Class of 2032 (Entering Fall 2028)	Out-of-State	$39,439	$41,132	$42,897	$44,734	$168,203

	In-State	Out-of-State
New Mexico Institute of Mining and Technology	$9,058	$26,312
University of New Mexico-Main Campus	$8,115	$26,451
New Mexico State University-Main Campus	$8,147	$25,271
Eastern New Mexico University-Main Campus	$6,738	$8,718
Western New Mexico University	$7,868	$14,354
New Mexico Highlands University	$7,260	$12,180