Colorado School of Mines

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2023 Undergraduate Tuition
$18,390
4.97% growth from 2022
2023 Average Net Price
$29,785
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Acceptance Rate
59.7%
9,821 Applicants
2023 Enrolled Students
7,599
90.7% Full-Time
2023 Graduation Rate
79.4%
900 Graduates

About

Colorado School of Mines is a higher education institution located in Jefferson County, CO. In 2023, the most popular Bachelors Degree concentrations at Colorado School of Mines were Mechanical Engineering (321 degrees awarded), Computer Science (222 degrees), and Chemical Engineering (149 degrees).

In 2023, 1,979 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 32.5% of these degrees were awarded to women, and 67.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,323 degrees), 7.04 times more than then the next closest race/ethnicity group, hispanic or latino (188 degrees).

The median undergraduate tuition at Colorado School of Mines is $18,390, which is $−12,613 less than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Colorado School of Mines was 0%, corresponding to 0 out of the 823 total borrowers.

Costs

In 2023, the median undergraduate tuition at Colorado School of Mines is $18,390, which is $12,614 less than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $29,785.

In 2023, 84% of undergraduate students attending Colorado School of Mines received financial aid through grants. Comparatively, 34% of undergraduate students received financial aid through loans.

Tuition Costs

$18,390
2023 Undergraduate Tuition

In 2023, the cost of tuition at Colorado School of Mines was $18,390. The cost of tuition at Colorado School of Mines is $−12,614 less than than the overall (public and private) national average for Doctoral Universities ($31,004).

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

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Average Net Price

$29,785
2023 Value
1.22%
1 Year Growth

In 2023 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $29,785. Between 2022 and 2023, the average net price of Colorado School of Mines grew by 1.22%.

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.

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Other Student Expenses

$14,063
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $14,063 in 2023. The cost of room and board increased by 10.6% between 2022 and 2023.

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.

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Financial Aid by Income Level

84%
Undergraduates Receiving Financial Aid through Grants
34%
Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Colorado School of Mines received financial aid through grants or loans in 2023. This represents a growth of 1.2% with respect to 2022, when 83% 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.

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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%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Colorado School of Mines was 0%, which represents 0 out of the 823 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.

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Admissions

Colorado School of Mines received 9,821 undergraduate applications in 2023, which represents a 9.78% annual growth. Out of those 9,821 applicants, 5,864 students were accepted for enrollment, representing a 59.7% acceptance rate.

There were 7,599 students enrolled at Colorado School of Mines in 2023. 42% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 24.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

59.7%
Acceptance Rate in 2023
5,864
Accepted Out of 9,821

In 2023, the undergraduate acceptance rate of Colorado School of Mines was 59.7% (5,864 admissions from 9,821 applications). This is higher than the acceptance rate of 2022, which was 58%. Between 2022 and 2023, the number of applicants declined by 9.78%, while admissions declined by 7.13%.

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.

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SAT Scores

42%
Submission Percentage (2023)
605
Scores Submitted (2023)

42% of enrolled first-time students at Colorado School of Mines in 2023 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.

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Enrollment

Colorado School of Mines had a total enrollment of 7,599 students in 2023. The full-time enrollment at Colorado School of Mines is 6,893 students and the part-time enrollment is 706. This means that 90.7% 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 65.3% White, 11.6% Hispanic or Latino, 5.88% Two or More Races, 5.76% Asian, 1.36% Black or African American, 0.447% American Indian or Alaska Native, and 0.079% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are most commonly White Male (47.4%), followed by White Female (21.2%) and Hispanic or Latino Male (7.82%). Students enrolled in full-time Graduate programs are most commonly White Male (38.2%), followed by White Female (18.6%) and Hispanic or Latino Male (3.57%).

Full-Time vs Part-Time Enrollment

90.7%
Full-Time Enrollment

The total enrollment at Colorado School of Mines in 2023, both undergraduate and graduate, is 7,599 students. The full-time enrollment at Colorado School of Mines is 6,893 and the part-time enrollment is 706. This means that 90.7% of students enrolled at Colorado School of Mines are enrolled full-time compared with 77.9% 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.

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Retention Rate over Time

93%
2023 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 93%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. White
    4,963 enrolled students
  2. Hispanic or Latino
    883 enrolled students
  3. Two or More Races
    447 enrolled students

The enrolled student population at Colorado School of Mines is 65.3% White, 11.6% Hispanic or Latino, 5.88% Two or More Races, 5.76% Asian, 1.36% Black or African American, 0.447% American Indian or Alaska Native, and 0.079% 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 46.5% White, 15.9% Hispanic or Latino, and 9.78% 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, 142 students (1.87%) did not report their race.

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Graduates

In 2023, 693 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 (1,323 degrees awarded). There were 7.04 times more white recipients than the next closest race/ethnicity group, hispanic or latino (188 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (321 degrees awarded), followed by Computer Science (222 degrees) and Chemical Engineering (149 degrees).

In 2023,  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 (87 degrees), and Computer and Information Sciences and Support Services (299 degrees).

Common Jobs by Major

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 (1,149,232 people), Other managers (497,199 people), Miscellaneous engineers, including nuclear engineers (430,010 people), Civil engineers (314,662 people), and Mechanical engineers (235,711 people).

The most specialized majors at Colorado School of Mines in 2023 are Engineering (1,383 degrees awarded), Physical Sciences (87 degrees), Computer and Information Sciences and Support Services (299 degrees), Math & Statistics (46 degrees), and Engineering Technologies (40 degrees) (as of 2023).

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Highest Paying Jobs by Major

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 (87 degrees), Computer and Information Sciences and Support Services (299 degrees), Math & Statistics (46 degrees), and Engineering Technologies (40 degrees) (as of 2023).

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Common Industries by Major

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).

The most specialized majors at Colorado School of Mines are Engineering (1,383 degrees awarded), Physical Sciences (87 degrees), Computer and Information Sciences and Support Services (299 degrees), Math & Statistics (46 degrees), and Engineering Technologies (40 degrees) (as of 2023).

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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 (2023)
  1. 321 degrees awarded
  2. 222 degrees awarded
  3. 149 degrees awarded

In 2023, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 321 degrees awarded.

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

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Sex Breakdown for Common Majors

1,336
Degrees Awarded to Men
in 2023
643
Degrees Awarded to Women
in 2023

In 2023, 1,336 degrees were awarded to men at Colorado School of Mines, which is 2.08 times more than the number of degrees awarded to females (643).

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

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Most Common Male Majors

In 2023, 288 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 3.03 times more than the 95 female recipients with that same degree.

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Most Common Female Majors

In 2023, 95 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 0.33 times less than the 288 male recipients with that same degree.

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Time to Complete

67%
100% Completion Time
83%
150% Completion Time

In 2023, 67% 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.

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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 2023 at Colorado School of Mines is Male and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

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, 1.78% of graduates (16 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. White
    1,323 degrees awarded
  2. Hispanic or Latino
    188 degrees awarded
  3. Asian
    87 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,323 degrees awarded). There were 7.04 times more white recipients than the next closest race/ethnicity group, hispanic or latino (188 degrees).

3.23% of degree recipients (64 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. White Male
    909 degrees awarded
  2. White Female
    414 degrees awarded
  3. Hispanic or Latino Male
    118 degrees awarded

The most common race/ethnicity and sex grouping at Colorado School of Mines is white male (909 degrees awarded). There were 2.2 times more white male recipients than the next closest race/ethnicity group, white female (414 degrees).

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Operations

Colorado School of Mines has an endowment valued at nearly $352M, as of the end of the 2023 fiscal year. The return on its endowment was of 7.65M (2.17%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Colorado School of Mines had a total salary expenditure of 374M. Colorado School of Mines employs 106 Professors, 79 Instructors and 66 Associate professors. Most academics at Colorado School of Mines are Male Professor (84), Male Associate professor (46), and Male Instructor (43).

The most common positions for non-instructional staff at Colorado School of Mines are: Business and Financial Operations, with 201 employees, Management, with 154 employees, and Research with 120 employees.

Endowment

$352M
2023 Endowment
9.17%
growth from 2022

Colorado School of Mines has an endowment valued at about $352M, as of the end of the 2023 fiscal year. The endowment of Colorado School of Mines grew 9.17% from the previous year. The value of their endowment was $82.2M 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.

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Salary Expenditure

$147M
2023 Salaries
9.04%
growth from 2022

In 2023, Colorado School of Mines paid a median of $147M in salaries, which represents 39.3% of their overall expenditure ($374M) and a 9.04% growth from the previous year. This is compared to a 9.02% growth between 2021 and 2022, and a 3.06% growth between 2020 and 2021.

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

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Instructional Salaries

$42.9M
Instructional Salaries
349
Number of Employees

In 2023, Colorado School of Mines paid a total of $42.9M to 349 employees working as instructors, which represents 29.2% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
106 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
201 Employees

In 2023, the most common positions for instructional staff at Colorado School of Mines were Professor with 106 employees, Instructor with 79 employees, and Associate professor with 66 employees.

In 2023, the most common positions for non-instructional staff at Colorado School of Mines were Business and Financial Operations with 201 employees, Management with 154 employees, and Research with 120 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2023)
  1. Male Professor
  2. Male Associate professor
  3. Male Instructor

In 2023, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 84 employees, Male Associate professor with 46 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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