Colorado School of Mines

www.mines.edu

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2022 Undergraduate Tuition

$17,520

2.1% growth from 2021

2022 Average Net Price

$29,425

After Financial Aid

2019 Default Rate

0.571%

on Student Loans

2022 Acceptance Rate

58%

10,886 Applicants

2022 Enrolled Students

7,403

90.9% Full-Time

2022 Graduation Rate

81.8%

796 Graduates

About

Colorado School of Mines is a higher education institution located in Jefferson County, CO. In 2022, the most popular Bachelors Degree concentrations at Colorado School of Mines were Mechanical Engineering (304 degrees awarded), Computer Science (202 degrees), and Chemical Engineering (155 degrees).

In 2022, 1,937 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 29.5% of these degrees were awarded to women, and 70.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,319 degrees), 7.67 times more than then the next closest race/ethnicity group, hispanic or latino (172 degrees).

The median undergraduate tuition at Colorado School of Mines is $17,520, which is $−12,630 less than the national average for Doctoral Universities ($30,150).

In 2019 the default rate for borrower's at Colorado School of Mines was 0.571%, corresponding to 5 out of the 875 total borrowers.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2022, the median undergraduate tuition at Colorado School of Mines is $17,520, which is $12,630 less than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $29,425.

In 2022, 83% of undergraduate students attending Colorado School of Mines received financial aid through grants. Comparatively, 35% of undergraduate students received financial aid through loans.

Tuition Costs

$17,520

2022 Undergraduate Tuition

In 2022, the cost of tuition at Colorado School of Mines was $17,520. The cost of tuition at Colorado School of Mines is $−12,630 less than than the overall (public and private) national average for Doctoral Universities ($30,150).

This chart compares the tuition costs of Colorado School of Mines (in red) with those of other similar universities.

Average Net Price

$29,425

2022 Value

12.4%

1 Year Growth

In 2022 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $29,425. Between 2021 and 2022, the average net price of Colorado School of Mines grew by 12.4%.

This chart compares the average net price of Colorado School of Mines (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$12,714

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $12,714 in 2022. The cost of room and board increased by 2.28% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $1,500. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Colorado School of Mines (in red) with that of similar universities.

Financial Aid by Income Level

83%

Undergraduates Receiving Financial Aid through Grants

35%

Undergraduates Receiving Financial Aid through Loans

83% of undergraduate students at Colorado School of Mines received financial aid through grants or loans in 2022. This represents a growth of 3.75% with respect to 2021, when 80% of undergraduate students received financial aid.

This chart compares the average award discount at Colorado School of Mines (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

0.571%

2019 Default Rate

Number of Defaults

In 2019 the default rate for borrower's at Colorado School of Mines was 0.571%, which represents 5 out of the 875 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Colorado School of Mines received 10,886 undergraduate applications in 2022, which represents a 9.45% annual growth. Out of those 10,886 applicants, 6,314 students were accepted for enrollment, representing a 58% acceptance rate.

There were 7,403 students enrolled at Colorado School of Mines in 2022. 45% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 23.9%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

58%

Acceptance Rate in 2022

6,314

Accepted Out of 10,886

In 2022, the undergraduate acceptance rate of Colorado School of Mines was 58% (6,314 admissions from 10,886 applications). This is higher than the acceptance rate of 2021, which was 56.9%. Between 2021 and 2022, the number of applicants declined by 9.45%, while admissions declined by 7.66%.

This chart compares the acceptance rate of Colorado School of Mines (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

45%

Submission Percentage (2022)

686

Scores Submitted (2022)

45% of enrolled first-time students at Colorado School of Mines in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Colorado School of Mines had a total enrollment of 7,403 students in 2022. The full-time enrollment at Colorado School of Mines is 6,733 students and the part-time enrollment is 670. This means that 90.9% of students enrolled at Colorado School of Mines are enrolled full-time.

The enrolled student population at Colorado School of Mines, both undergraduate and graduate, is 66.9% White, 10.7% Hispanic or Latino, 5.48% Two or More Races, 5.11% Asian, 1.07% Black or African American, 0.419% American Indian or Alaska Native, and 0.054% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are most commonly White Male (47.9%), followed by White Female (21.5%) and Hispanic or Latino Male (7.57%). Students enrolled in full-time Graduate programs are most commonly White Male (39.3%), followed by White Female (19.1%) and Two or More Races Male (3.49%).

Full-Time vs Part-Time Enrollment

90.9%

Full-Time Enrollment

The total enrollment at Colorado School of Mines in 2022, both undergraduate and graduate, is 7,403 students. The full-time enrollment at Colorado School of Mines is 6,733 and the part-time enrollment is 670. This means that 90.9% of students enrolled at Colorado School of Mines are enrolled full-time compared with N/A% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Colorado School of Mines (in red) compares to similar universities.

Retention Rate over Time

94%

2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Colorado School of Mines was 94%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Colorado School of Mines had a retention rate higher than its peers.

This chart shows the retention rate over time at Colorado School of Mines (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
4,954 enrolled students
Hispanic or Latino
791 enrolled students
Two or More Races
406 enrolled students

The enrolled student population at Colorado School of Mines is 66.9% White, 10.7% Hispanic or Latino, 5.48% Two or More Races, 5.11% Asian, 1.07% Black or African American, 0.419% American Indian or Alaska Native, and 0.054% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 166 students (2.24%) did not report their race.

Graduates

In 2022, 795 fewer women than men received degrees from Colorado School of Mines. The most common race/ethnicity group of degree recipients at Colorado School of Mines is white (1,319 degrees awarded). There were 7.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (172 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (304 degrees awarded), followed by Computer Science (202 degrees) and Chemical Engineering (155 degrees).

In 2022, the most specialized majors across all degree types at Colorado School of Mines, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,383 degrees awarded), Physical Sciences (89 degrees), and Math & Statistics (56 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Colorado School of Mines are Software developers (1,052,593 people), Other managers (498,530 people), Miscellaneous engineers, including nuclear engineers (402,275 people), Civil engineers (293,265 people), and Postsecondary teachers (234,592 people).

The most specialized majors at Colorado School of Mines in 2022 are Engineering (1,383 degrees awarded), Physical Sciences (89 degrees), Math & Statistics (56 degrees), Computer and Information Sciences and Support Services (256 degrees), and Interdisciplinary Studies (58 degrees) (as of 2022).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Colorado School of Mines are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at Colorado School of Mines are Engineering (1,383 degrees awarded), Physical Sciences (89 degrees), Math & Statistics (56 degrees), Computer and Information Sciences and Support Services (256 degrees), and Interdisciplinary Studies (58 degrees) (as of 2022).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Colorado School of Mines are Computer Systems Design (1,111,828 people), Architectural, engineering & related services (508,764 people), Colleges, universities & professional schools, including junior colleges (469,675 people), Elementary & secondary schools (367,268 people), and Construction (349,612 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Colorado School of Mines.

Most Common (2022)

Mechanical Engineering
304 degrees awarded
Computer Science
202 degrees awarded
Chemical Engineering
155 degrees awarded

In 2022, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 304 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Colorado School of Mines according to their major.

Sex Breakdown for Common Majors

1,366

Degrees Awarded to Men

in 2022

571

Degrees Awarded to Women

in 2022

In 2022, 1,366 degrees were awarded to men at Colorado School of Mines, which is 2.39 times more than the number of degrees awarded to females (571).

This chart displays the sex disparity between the top 5 majors at Colorado School of Mines by degrees awarded.

Most Common Male Majors

In 2022, 291 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 4.22 times more than the 69 female recipients with that same degree.

Most Common Female Majors

In 2022, 82 degrees were awarded to men at Colorado School of Mines in Chemical Engineering, which is 0.812 times less than the 101 male recipients with that same degree.

Time to Complete

65%

100% Completion Time

84%

150% Completion Time

In 2022, 65% of students graduating from Colorado School of Mines completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 84% completed their degrees within 150% of the normal time, and 84% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Colorado School of Mines is Female and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.251% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
1,319 degrees awarded
Hispanic or Latino
172 degrees awarded
Asian
83 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,319 degrees awarded). There were 7.67 times more white recipients than the next closest race/ethnicity group, hispanic or latino (172 degrees).

3.05% of degree recipients (59 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Male
919 degrees awarded
White Female
400 degrees awarded
Hispanic or Latino Male
122 degrees awarded

The most common race/ethnicity and sex grouping at Colorado School of Mines is white male (919 degrees awarded). There were 2.3 times more white male recipients than the next closest race/ethnicity group, white female (400 degrees).

Operations

Colorado School of Mines has an endowment valued at nearly $322M, as of the end of the 2022 fiscal year. The return on its endowment was of −12.7M (−3.94%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Colorado School of Mines had a total salary expenditure of 307M. Colorado School of Mines employs 103 Professors, 76 Instructors and 72 Associate professors. Most academics at Colorado School of Mines are Male Professor (80), Male Associate professor (52), and Male Instructor (43).

The most common positions for non-instructional staff at Colorado School of Mines are: Business and Financial Operations, with 200 employees, Management, with 148 employees, and Research with 124 employees.

Endowment

$322M

2022 Endowment

10.3%

decline from 2021

This line chart shows how the endowment at Colorado School of Mines (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Salary Expenditure

$135M

2022 Salaries

9.02%

growth from 2021

In 2022, Colorado School of Mines paid a median of $135M in salaries, which represents 44% of their overall expenditure ($307M) and a 9.02% growth from the previous year. This is compared to a 3.06% growth between 2020 and 2021, and a 6.89% growth between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$39M

Instructional Salaries

329

Number of Employees

In 2022, Colorado School of Mines paid a total of $39M to 329 employees working as instructors, which represents 28.9% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

103 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

200 Employees

In 2022, the most common positions for instructional staff at Colorado School of Mines were Professor with 103 employees, Instructor with 76 employees, and Associate professor with 72 employees.

In 2022, the most common positions for non-instructional staff at Colorado School of Mines were Business and Financial Operations with 200 employees, Management with 148 employees, and Research with 124 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Associate professor
Male Instructor

In 2022, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 80 employees, Male Associate professor with 52 employees, and Male Instructor with 43 employees.

This chart shows the sex split between each academic rank present at Colorado School of Mines.

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