Socorro, New Mexico · Public
Petroleum Engineering at New Mexico Institute of Mining and Technology
Use this school-and-field page as a fit screen, not a department ranking. It combines the 4.4% share of reported awards or completions in this field with $9,873 school-wide net price and $76,489 school-wide ten-year earnings before you compare peer schools.
Program snapshot
4.4% of reported awards or completions are in this field, a measurable award concentration in federal data.
This major
- Award concentration
- 4.4% of awards
- Schools reporting awards
- 29
Admissions
- Acceptance rate (school)
- 44.5%
- Graduation rate
- 57.1%
Cost
- Avg net price (school)
- $9,873/yr
- 4-year cost (est.)
- $39,492
- Median debt
- $19,085
Outcomes
- Median earnings 10y
- $76,489/yr
- ROI grade (school)
- A+
The percentage is the share of this school's reported awards or completions attributed to the field. It is not the share of enrolled students, a student headcount, or proof of department quality. College Scorecard price and earnings on this page are school-wide, not major-specific. Verify current credentials and department outcomes with the school.
Evidence used here: federal awards/completions share (4.4%), school-wide average net price ($9,873), school-wide ten-year median earnings ($76,489), and peer averages from 29 schools reporting awards in this field. Evidence not included: program enrollment, department-level salary, placement rate, course quality, licensure eligibility, certification, or exam pass-rate outcomes.
School-level value among reporting colleges
Compared with 29 colleges reporting awards in this field.
The answer is a school-level value-screen grade of A+, not a verified department verdict. Award concentration is 2.8x the national average award concentration; school-wide net price is lower than the peer average ($8,166 below), and school-wide ten-year median earnings are higher than the peer average ($11,437 above). Together, those school-level evidence points place New Mexico Institute of Mining and Technology in the top 10% of this value ranking among colleges reporting awards in the field.
See the national program hub →Comparable programs
Peer schools below report awards in the same field and are sorted by school-level value grade.
Stanford University Stanford, CA · 0.1% of reported awards · $13,807 net A+ 
Missouri University of Science and Technology Rolla, MO · 1.3% of reported awards · $16,298 net A University of Alaska Fairbanks Fairbanks, AK · 0.7% of reported awards · $10,892 net A 
The University of Texas Permian Basin Odessa, TX · 1.6% of reported awards · $12,723 net A 
University of Houston Houston, TX · 0.4% of reported awards · $14,276 net A Texas A&M University-Kingsville Kingsville, TX · 0.8% of reported awards · $12,090 net B University of Wyoming Laramie, WY · 0.9% of reported awards · $13,599 net B Questions about this program
What does the share of awards mean?
Petroleum Engineering accounts for 4.4% of the awards or completions reported for New Mexico Institute of Mining and Technology. That award concentration is higher than at 86% of schools in this field set and is 2.8x the national average award concentration. It does not estimate how many students are currently enrolled in the program.
How should I read the cost number?
New Mexico Institute of Mining and Technology's average net price is $9,873 per year, about $39,492 over four years. That is $8,166 below the $18,039 peer average, before your own aid package changes the final bill.
Are the earnings major-specific?
No. The $76,489 median earnings figure is school-wide ten years after entry. It is $11,437 above the $65,052 average among schools reporting this field, so treat it as an outcomes proxy rather than a department guarantee.
What should I compare next?
Start with award concentration, net price after aid, graduation rate, location, and whether the department publishes placement or licensure outcomes. EduGradify places New Mexico Institute of Mining and Technology #3 of 29 on its school-level value rank among colleges reporting awards in this field.