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Monday, May 6, 2024

2021: New Mexico Institute of Mining and Technology charges some of the highest tuition rates and fees for in-New Mexico students

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New Mexico Institute of Mining and Technology cost $8,425 in tuition and fees for students studying in-state, according to the latest disclosure from the National Center for Education Statistics.

This ranks New Mexico Institute of Mining and Technology as one of the five most expensive schools in New Mexico in 2021.

The amount an in-state student paid in tuition and fees was $64 more than the previous year.

Out-of-state students attending New Mexico Institute of Mining and Technology in 2021 were expected to pay $24,254, which is $64 more than the previous year.

The average cost of college has more than doubled in the 21st century, growing by more than seven percent every year. In-state students can expect to spend nearly $26,000 per year at a public, 4-year post-secondary school.

In 2020-2021 a total of $234.9 billion in financial aid was granted to help graduate and undergraduate students.

Cost of education for in-state students in New Mexico in 2021
CityInstitution NameCollege costs
SocorroNew Mexico Institute of Mining and Technology$8,425
AlbuquerqueThe University of New Mexico-Main Campus$7,905
Las CrucesNew Mexico State University-Main Campus$7,301
RoswellNew Mexico Military Institute$6,965
Las VegasNew Mexico Highlands University$6,876

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