Colorado School of Mines

www.mines.edu/

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2021 Undergraduate Tuition

$17,160

3.06% growth from 2020

2021 Average Net Price

$26,179

After Financial Aid

2019 Student Loan

0.571%

Default Rate

2021 Acceptance Rate

56.9%

12,022 Applicants

2021 Enrolled Students

7,187

89.6% Full-Time

2021 Graduation Rate

83.3%

835 Graduates

About

Colorado School of Mines is a higher education institution located in Jefferson County, CO. In 2021, the most popular Bachelors Degree concentrations at Colorado School of Mines were Mechanical Engineering (299 degrees awarded), Computer Science (144 degrees), and Chemical Engineering (144 degrees).

In 2021, 1,676 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 29.9% of these degrees were awarded to women, and 70.1% awarded men. The most common race/ethnicity group of degree recipients was white (1,173 degrees), 8.63 times more than then the next closest race/ethnicity group, hispanic or latino (136 degrees).

The median undergraduate tuition at Colorado School of Mines is $17,160, which is $−11,832 less than the national average for Doctoral Universities ($28,992).

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2021, the median undergraduate tuition at Colorado School of Mines is $17,160, which is $−11,832 less than the national average for Doctoral Universities ($28,992).

After taking grants and loans into account, the average net price for students is $26,179.

In 2021, 80% of undergraduate students attending Colorado School of Mines received financial aid through grants. Comparatively, 38% of undergraduate students received financial aid through loans.

Tuition Costs

$17,160

2021 Undergraduate Tuition

In 2021, the cost of tuition at Colorado School of Mines was $17,160. The cost of tuition at Colorado School of Mines is $−11,832 less than than the overall (public and private) national average for Doctoral Universities ($28,992).

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

Average Net Price

$26,179

2021 Value

5.41%

1 Year Growth

In 2021 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $26,179. Between 2020 and 2021, the average net price of Colorado School of Mines grew by 5.41%.

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

$12,431

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $12,431 in 2021. The cost of room and board increased by 2.09% between 2020 and 2021.

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

80%

Undergraduates Receiving Financial Aid through Grants

38%

Undergraduates Receiving Financial Aid through Loans

80% of undergraduate students at Colorado School of Mines received financial aid through grants or loans in 2021. This represents a growth of 5.26% with respect to 2020, when 76% 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 12,022 undergraduate applications in 2021, which represents a 0.183% annual growth. Out of those 12,022 applicants, 6,838 students were accepted for enrollment, representing a 56.9% acceptance rate.

There were 7,187 students enrolled at Colorado School of Mines in 2021. 53% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 21.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

56.9%

Acceptance Rate in 2021

6,838

Accepted Out of 12,022

In 2021, the undergraduate acceptance rate of Colorado School of Mines was 56.9% (6,838 admissions from 12,022 applications). This is higher than the acceptance rate of 2020, which was 55%. Between 2020 and 2021, the number of applicants grew by 0.183%, while admissions grew by 3.29%..

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

53%

Submission Percentage (2021)

765

Scores Submitted (2021)

53% of enrolled first-time students at Colorado School of Mines in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

Enrollment

Colorado School of Mines had a total enrollment of 7,187 students in 2021. The full-time enrollment at Colorado School of Mines is 6,439 students and the part-time enrollment is 748. This means that 89.6% 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 66.6% White, 10.4% Hispanic or Latino, 5.29% Two or More Races, 4.72% Asian, 1.1% Black or African American, 0.348% American Indian or Alaska Native, and 0.0278% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are most commonly White Male (47.8%), followed by White Female (21.2%) and Hispanic or Latino Male (7.62%). Students enrolled in full-time Graduate programs are most commonly White Male (39.4%), followed by White Female (20%) and Hispanic or Latino Male (3.23%).

Full-Time vs Part-Time Enrollment

89.6%

Full-Time Enrollment

The total enrollment at Colorado School of Mines in 2021, both undergraduate and graduate, is 7,187 students. The full-time enrollment at Colorado School of Mines is 6,439 and the part-time enrollment is 748. This means that 89.6% of students enrolled at Colorado School of Mines are enrolled full-time compared with 76.6% 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

91%

2021 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 91%. 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 (2021)

White
4,790 enrolled students
Hispanic or Latino
746 enrolled students
Two or More Races
380 enrolled students

The enrolled student population at Colorado School of Mines is 66.6% White, 10.4% Hispanic or Latino, 5.29% Two or More Races, 4.72% Asian, 1.1% Black or African American, 0.348% American Indian or Alaska Native, and 0.0278% 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 48.9% White, 15.1% Hispanic or Latino, and 9.56% 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, 193 students (2.69%) did not report their race.

Graduates

In 2021, 674 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 (1,173 degrees awarded). There were 8.63 times more white recipients than the next closest race/ethnicity group, hispanic or latino (136 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (299 degrees awarded), followed by Computer Science (144 degrees) and Chemical Engineering (144 degrees).

In 2021, 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 (1,201 degrees awarded), Physical Sciences (82 degrees), and Math & Statistics (60 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 (969,969 people), Other managers (484,756 people), Miscellaneous engineers, including nuclear engineers (398,916 people), Civil engineers (277,255 people), and Postsecondary teachers (223,363 people).

The most specialized majors at Colorado School of Mines in 2021 are Engineering (1,201 degrees awarded), Physical Sciences (82 degrees), Math & Statistics (60 degrees), Computer and Information Sciences and Support Services (182 degrees), and Engineering Technologies (58 degrees) (as of 2021).

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, Cardiovascular technologists and technicians, Surgeons, Physicians, and Securities, commodities, & financial services sales agents

The most specialized majors at Colorado School of Mines are Engineering (1,201 degrees awarded), Physical Sciences (82 degrees), Math & Statistics (60 degrees), Computer and Information Sciences and Support Services (182 degrees), and Engineering Technologies (58 degrees) (as of 2021).

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 (1,065,137 people), Architectural, engineering & related services (496,111 people), Colleges, universities & professional schools, including junior colleges (432,294 people), Construction (335,422 people), and Elementary & secondary schools (274,443 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 (2021)

Mechanical Engineering
299 degrees awarded
Computer Science
144 degrees awarded
Chemical Engineering
144 degrees awarded

In 2021, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 299 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

1,175

Degrees Awarded to Men

in 2021

501

Degrees Awarded to Women

in 2021

In 2021, 1,175 degrees were awarded to men at Colorado School of Mines, which is 2.35 times more than the number of degrees awarded to females (501).

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

Most Common Male Majors

In 2021, 279 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 3.4 times more than the 82 female recipients with that same degree.

Most Common Female Majors

In 2021, 82 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 0.294 times less than the 279 male recipients with that same degree.

Time to Complete

62%

100% Completion Time

83%

150% Completion Time

In 2021, 62% 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, 83% 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.

American Indian or Alaska Native Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Colorado School of Mines is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.9%).

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, 0.12% of graduates (1 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)

White
1,173 degrees awarded
Hispanic or Latino
136 degrees awarded
Asian
79 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,173 degrees awarded). There were 8.63 times more white recipients than the next closest race/ethnicity group, hispanic or latino (136 degrees).

1.19% of degree recipients (20 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2021)

White Male
813 degrees awarded
White Female
360 degrees awarded
Hispanic or Latino Male
101 degrees awarded

The most common race/ethnicity and sex grouping at Colorado School of Mines is white male (813 degrees awarded). There were 2.26 times more white male recipients than the next closest race/ethnicity group, white female (360 degrees).

Operations

Colorado School of Mines has an endowment valued at nearly $359M, as of the end of the 2021 fiscal year. The return on its endowment was of 8.97M (2.5%) compared to the 10.4% average return (40.5M on 388M) across all Doctoral Universities.

In 2021, Colorado School of Mines had a total salary expenditure of 229M. Colorado School of Mines employs 102 Professors, 76 Instructors and 69 Associate professors. Most academics at Colorado School of Mines are Male Professor (81), Male Associate professor (48), and Male Instructor (41).

The most common positions for non-instructional staff at Colorado School of Mines are: Business and Financial Operations, with 170 employees, Management, with 137 employees, and Research with 129 employees.

Endowment

$359M

2021 Endowment

40.5%

growth from 2020

Colorado School of Mines has an endowment valued at about $359M, as of the end of the 2021 fiscal year. The endowment of Colorado School of Mines grew 40.5% from the previous year. The value of their endowment was $28.3M lower than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

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

$124M

2021 Salaries

3.06%

growth from 2020

In 2021, Colorado School of Mines paid a median of $124M in salaries, which represents 54% of their overall expenditure ($229M) and a 3.06% growth from the previous year.

The median for similar Doctoral Universities is 234M (42.8% of overall expenditures).

Instructional Salaries

$36.4M

Instructional Salaries

320

Number of Employees

In 2021, Colorado School of Mines paid a total of $36.4M to 320 employees working as instructors, which represents 29.4% of all salaries paid.

This is compared to a median of $71M (30.3%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

102 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

170 Employees

In 2021, the most common positions for instructional staff at Colorado School of Mines were Professor with 102 employees, Instructor with 76 employees, and Associate professor with 69 employees.

In 2021, the most common positions for non-instructional staff at Colorado School of Mines were Business and Financial Operations with 170 employees, Management with 137 employees, and Research with 129 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2021)

Male Professor
Male Associate professor
Male Instructor

In 2021, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 81 employees, Male Associate professor with 48 employees, and Male Instructor with 41 employees.

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