Financial Aid
Tuition, fees, and financial assistance information for New Mexico Institute of Mining and Technology
In-State Tuition
$7,664
Out-of-State Tuition
$24,918
Average Net Price
$9,133
Price Difference
-$1,469
Avg. financial aid
Tuition & Fees
Annual tuition for residents of NM
Annual tuition for non-residents
Average amount students pay after grants and scholarships
Net Price by Family Income
Average net price for students receiving Title IV federal financial aid (2022-23)
$0 - $30,000
$3,970
$30,001 - $48,000
$5,067
$48,001 - $75,000
$8,676
$75,001 - $110,000
$11,907
Over $110,000
$12,207
Financial Aid Overview
For first-time, full-time undergraduate students (2022-23)
Students Receiving Any Financial Aid
296 of 299 students
Grants & Scholarships
Recipients
295 (99%)
Average Award
$13,507
Federal Pell Grants
Recipients
101 (34%)
Average Award
$5,295
Aid by Source
State & Local Grants
267 recipients (89%)
$8,247 avg
Institutional Grants
254 recipients (85%)
$4,307 avg
Student Loans
Federal student loan data for all undergraduates (2022-23)
Total Borrowers
428
35% of students
Average Loan Amount
$5,508
Financial Aid Resources
Net Price Calculator
Estimate your actual cost after financial aid
Financial Aid Office
Learn about available aid programs and apply
FAFSA Information
Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.
Apply for FAFSA →Payment Plans Available
Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:
- Monthly payment plans
- Deferred payment options
- Employer tuition assistance programs
Quick Links
Need Help?
Contact the financial aid office for personalized assistance with:
- Scholarship opportunities
- Grant eligibility
- Work-study programs
- Payment plan options
Phone
8004288324Federal School Codes
Use these codes when applying for federal financial aid