Costs
In-State
Out-of-State
Since New Mexico Tech is a public university, there are different costs for in-state students and out-of-state students. The sticker price at New Mexico Tech is $21,193 for in-state students in NM, and $37,022 for out-of-state students. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
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New Mexico Institute of Mining and Technology Financial Aid
Students who are applying for financial aid at New Mexico Institute of Mining and Technology need to submit the Free Application for Federal Student Aid (or FAFSA).The FAFSA opens up on October 1st, and students should apply as soon as they can! The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for New Mexico Institute of Mining and Technology is 002654.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
Western Undergraduate Tuition Exchange
New Mexico Tech is in a state that participates in the Western Undergraduate Tuition Exchange program. That means if you are a resident of Alaska, Arizona, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington, or Wyoming, you may be eligible for discounted tuition at New Mexico Tech. Check out the full list of requirements and participating schools on their website.
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Pell Grants at New Mexico Institute of Mining and Technology
33% of students at New Mexico Institute of Mining and Technology receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to New Mexico Institute of Mining and Technology.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
New Mexico Tech students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources: