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The Colorado School of Mines is an institution primarily devoted to science and engineering. Their single-minded approach is designed to create top-notch professionals dedicated to energy, the Earth, and its environment. Mines has also developed a wide range of interdisciplinary programs in areas such as geochemistry, advanced energy systems, nuclear science, and quantitative biosciences and engineering.
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Overview of Colorado School of Mines
If that weren't enough, Mines students can opt for one of five minors in the Division of Humanities, Arts and Social Sciences. Though students may round out their STEM education with a pre-designed minor that focuses on politics, culture, sustainability, or music, they may also pursue a customized minor of their own.
When they're not studying hard to become tomorrow's technology leaders, Mines students pursue extra-curricular activities such as athletics. The campus supports a full array of club and intramural sports for men and women.
The modern, fully equipped Student Recreation Center provides ample opportunities for students to get in shape, engage in friendly competitions, or simply lounge and study with friends. There are also co-ed options for cyclists, tennis players, and skiers. Others may prefer perfecting their climbing on the climbing wall, swimming laps for health, or using the other work-out resources including a full range of fitness machines.
General Information
School Type | Public |
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Campus Setting | Suburb: Large |
Campus Housing | Yes |
Student Faculty Ratio | 15:1 |
Graduation Rate | 80% |
Year Founded | 1874 |
Student Enrollment
Total Students6,325
4,952
1,373
Undergraduate Student
Male 1,486
Female 3,466
Graduate Student
Male 412
Female 961
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Top Rankings For Colorado School of Mines
Admissions
APPLICATIONS12,661
ACCEPTANCE6,204
Acceptance Rate49%
Enrollment 1,179
Admissions | |
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Application Fee | $45 |
High School GPA | Required |
High School Rank | Recommended |
High School Transcripts | Required |
College Prep Courses | Required |
Recommendations | Recommended |
SAT/ACT | Required |
TOEFL (Test of English as a Foreign Language) | Required |
Application Deadline | May 1 |
Common Application Accepted | No |
Tuition Cost & Financial Aid
Given the outstanding quality of academics at Mines, it's a pleasant surprise to see that they are a public institution. Thus, the cost for in-state students presents a terrific value. This savings also extends to all students who live in states that participate in the Western Undergraduate Exchange. They pay $19,000 for in-state tuition and $14,000 for on-campus room and board. Off-campus students pay a bit less, on average, for an apartment in Golden, which averages around $10,000.
Though this is a long-term value for Mines students, it's important to cut the up-front costs with financial aid. Of all full-time beginning undergraduate students, 81% receive grants or scholarships that average $11,800 per student. When all students are accounted for, 3,600 receive grants or scholarships which average $11,000 per student per year. Of the total student body, 1,900 take out federal student loans averaging $5,200.
Average net price | 2017-2018 |
---|---|
Net Price | $25,767 |
Average Total Aid | $10,829 |
Students Receiving Financial Aid | 91% |
Room & Board | $14,211 |
Sticker Price
- Tuition In-State - $19,062
- Tuition Out-of-State - $39,762
- Books and Supplies - $1,500
- Room & Board - $14,211
- Other - $1,879
Academics
Colorado's School of Mines is an excellent academic institution. This is borne out by their stellar retention rates, graduation percentages, and class sizes. When students arrive on campus for their first year their enthusiasm is reflected in the fact that 92% of all full-time students return for a second year. An astonishing 100% of all part-time students return to campus to continue their education. Thus, first-year students show evidence that they are pleased with the quality of education, campus resources, and their fellow students, too.
The high retention rate between the first and second years is also reflected in high graduation numbers. Not only do students find that their peers return in high numbers for a second year, but 83% stay on and graduate and only 5% transfer out. Thus, the Colorado School of Mines is shown to provide a solid academic foundation, on top of an intense loyalty among students.
The strong morale at Mines may be at least partially founded in the favorable class sizes. When students have greater access to their professors, their performances improve and their overall academic experience is considered in a more favorable light. Since Mines boasts a terrific average student-to-teacher ratio of 15 to 1, students can easily access their academic mentors. Furthermore, smaller classes can facilitate more independent research projects.
Retention
Rate
4 year
Graduation
Rate
6 year
Graduation
Rate
Student Population Total
Student Population 6,325
4,952
1,373
Most Popular Programs & Majors
(# of Diplomas Awarded by Subject)
All Engineering Majors | 945 Total Graduates / 85% |
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Mechanical Engineering | 327 Graduates |
Petroleum Engineering | 110 Graduates |
Chemical Engineering | 90 Graduates |
Bioengineering and Biomedical Engineering | 74 Graduates |
Electrical and Electronics Engineering | 73 Graduates |
All Computer Information Science Majors | 102 Total Graduates / 9% |
Computer Science | 102 Graduates |
Mathematics and Statistics | 38 Total Graduates / 3% |
Computational and Applied Mathematics | 37 Graduates |
Mathematics, General | 1 Graduates |
All Physical Sciences | 17 Total Graduates / 2% |
Chemistry, General | 17 Graduates |
All Social Science Majors | 6 Total Graduates / 1% |
Economics, General | 6 Graduates |
All Other Diplomas | 0 |
Outcome & Salary
An education from Mines represents an excellent investment. The return on that investment (ROI) is reflected in the high salaries of their alumni. The top earners from Mines hold bachelor's degrees in computer science and they report a median income of $73,000. On the lower end, alumni with a bachelor's degree in general engineering report a median income of $59,000. these salary figures don't reflect other forms of compensation that can include bonuses, healthcare, and sometimes loan-repayment assistance.
Furthermore, Mines graduates are sure to use their outstanding undergraduate diplomas to land in top graduate programs at Mines or elsewhere. Thus, they are sure to reap greater returns and even more career satisfaction.
Graduates Salary | |
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College Grads Early Career Salary | $75,600 |
College Grads Average Salary | $77,000 |
College Grads Mid Career Salary | $139,600 |
Return on Investment (ROI) | |
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10 Year Salary Earnings Potential | $700,000 |
20 Year Salary Earnings Potential | $2,166,000 |
Cost of Education (Net Price) 4 Year | $103,068 |
10 Year Projected ROI | $596,932 |
20 Year Projected ROI | $2,062,932 |
No College Education Salary Comparison | |
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National Average Salary | $38,792 |
10 Year Projected Income | $387,920 |
20 Year Projected Income | $775,840 |
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