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Monday, December 30, 2024

Tuition and fees at New Mexico Institute of Mining and Technology for in-state students among the highest in New Mexico in 2022

New Mexico Institute of Mining and Technology cost $9,058 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 2022.

The amount an in-state students in tuition and fees was $633 more than the previous year.

Out-of-state students attending New Mexico Institute of Mining and Technology in 2022 were expected to pay $26,312, which is $2,058 more than the previous year.

The average cost of college has more than doubled in the 21st century, growing by more than 7% every year. In-state students can expect to spend nearly $10,000 on tuition alone per year at a public, 4-year post-secondary school.Meanwhile, out-of-state tuitions averages $27,457.

In 2022-23 a total of $240.7 billion in financial aid was granted to help graduate and undergraduate students.

Cost of education for in-state students in New Mexico in 2022
CityInstitution NameCollege costs
SocorroNew Mexico Institute of Mining and Technology$9,058
AlbuquerqueThe University of New Mexico-Main Campus$8,076
Silver CityWestern New Mexico University$7,657
Las CrucesNew Mexico State University-Main Campus$7,627
Las VegasNew Mexico Highlands University$7,140

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