Admissions is competitive as the New Mexico Tech acceptance rate is 23%. According to the New York Times, a low-income student who graduates from New Mexico Tech has a 48% chance of becoming a wealthy adult – making NMT #10 in the nation for best chances of leaping upward in class. Part-Time Tuition & Fees at New Mexico Institute of Mining and Technology, Including Predicted Increases. New Mexico Goes Big On Free College: New Plan Would Pay Tuition For All Residents At Two-Year And Four-Year Colleges Michael T. Nietzel Senior Contributor Opinions expressed by Forbes … New Mexico Tech’s low public-university tuition keeps their excellent programs available to more students, and the success is evident. New Mexico State University in Las Cruces, N.M. The state is unveiling a proposal to make in-state tuition free at its public colleges and universities. Review current and predicted part-time tuition and fees for New Mexico Tech, as well as how these costs for attending New Mexico Tech compare to regional and nationwide averages. It is a small institution with an enrollment of 1,294 undergraduate students. 72% of the enrolled undergraduate students have received grant or scholarships and the average aid amount is $6,627 at New Mexico Tech. Popular majors include Mechanical Engineering, Mining and Petroleum Engineering, and Chemical Engineering. New Mexico Institute of Mining and Technology is a public institution that was founded in 1889. Find out how to pay for New Mexico Institute of Mining and Technology, including information on tuition, loans, scholarships, and other forms of financial aid. New Mexico Tech announces free tuition for at-need New Mexico freshman students beginning Fall 2020. New Mexico Tech is a highly rated public college located in Socorro, New Mexico. The New Mexico Institute of Mining and Technology (a.k.a.New Mexico Tech, and formerly known as the New Mexico School of Mines) is a public university in Socorro, New Mexico.. New Mexico Tech offers over 30 bachelor of science degrees in technology, the sciences, engineering, management, and technical communication, as well as graduate degrees at the masters and doctoral levels. The 2020 tuition & fees at New Mexico Institute of Mining and Technology is $8,156 for New Mexico residents and $23,524 for out-of-state students.