Colorado School of Mines

www.mines.edu/

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2020 Undergraduate Tuition

$16,650

0% growth from 2019

2020 Average Net Price

$27,675

After Financial Aid

2018 Student Loan

0.732%

Default Rate

2020 Acceptance Rate

55%

12,044 Applicants

2020 Enrolled Students

6,744

91.1% Full-Time

2020 Graduation Rate

84.2%

840 Graduates

About

Colorado School of Mines is a higher education institution located in Jefferson County, CO. In 2020, the most popular Bachelor's Degree concentrations at Colorado School of Mines were Mechanical Engineering (313 degrees awarded), Computer Science (125 degrees), and Chemical Engineering (104 degrees).

In 2020, 1,590 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 28.1% of these degrees were awarded to women, and 71.9% awarded men. The most common race/ethnicity group of degree recipients was white (1,103 degrees), 9.35 times more than then the next closest race/ethnicity group, hispanic or latino (118 degrees).

The median undergraduate tuition at Colorado School of Mines is $16,650, which is $−11,913 less than the national average for Doctoral Universities ($28,563).

Costs

The median undergraduate tuition at Colorado School of Mines is $16,650, which is $−11,913 less than the national average for Doctoral Universities ($28,563).

After taking grants and loans into account, the average net price for students is $27,675.

In 2020, 76% of undergraduate students attending Colorado School of Mines received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.

Tuition Costs

$16,650

2020 Undergraduate Tuition

In 2020, the cost of tuition at Colorado School of Mines was $16,650. The cost of tuition at Colorado School of Mines is $−11,913 less than than the overall (public and private) national average for Doctoral Universities ($28,563).

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

Average Net Price

$27,675

2020 Value

3.05%

1 Year Growth

In 2020 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $27,675. Between 2019 and 2020, the average net price of Colorado School of Mines grew by 3.05%.

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

$12,177

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $12,177 in 2020. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 9.5% between 2019 and 2020. 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

76%

Undergraduates Receiving Financial Aid through Grants

39%

Undergraduates Receiving Financial Aid through Loans

76% of undergraduate students at Colorado School of Mines received financial aid through grants or loans in 2020. This represents a growth of 1.33% with respect to 2019, when 75% 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.

0.732%

2018 Default Rate

Number of Defaults

In 2018 the default rate for borrower's at Colorado School of Mines was 0.732%, which represents 6 out of the 820 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 12,044 undergraduate applications in 2020, which represents a 2.45% annual growth. Out of those 12,044 applicants, 6,620 students were accepted for enrollment, representing a 55% acceptance rate.

There were 6,744 students enrolled at Colorado School of Mines in 2020, and 83% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 17.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55%

Acceptance Rate in 2020

6,620

Accepted Out of 12,044

In 2020, the undergraduate acceptance rate of Colorado School of Mines was 55% (6,620 admissions from 12,044 applications). This is higher than the acceptance rate of 2019, which was 53.1%. Between 2019 and 2020, the number of applicants grew by 2.45%, while admissions grew by 6.09%.

This chart compares the acceptance rate of Colorado School of Mines (in red) with that of other similar universities.

SAT Scores

83%

Submission Percentage

971

Scores Submitted

83% of enrolled first-time students at Colorado School of Mines in 2020 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 has a total enrollment of 6,744 students. The full-time enrollment at Colorado School of Mines is 6,144 students and the part-time enrollment is 600. This means that 91.1% 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 67.9% White, 10.2% Hispanic or Latino, 4.88% Two or More Races, 4.52% Asian, 0.979% Black or African American, 0.386% American Indian or Alaska Native, and 0.0297% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are most commonly White Male (48.6%), followed by White Female (21.2%) and Hispanic or Latino Male (7.79%). Students enrolled in full-time Graduate programs are most commonly White Male (40.7%), followed by White Female (19.4%) and Hispanic or Latino Male (2.69%).

Full-Time vs Part-Time Enrollment

91.1%

Full-Time Enrollment

The total enrollment at Colorado School of Mines, both undergraduate and graduate, is 6,744 students. The full-time enrollment at Colorado School of Mines is 6,144 and the part-time enrollment is 600. This means that 91.1% of students enrolled at Colorado School of Mines are enrolled full-time compared with 76.5% 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

92%

2020 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 92%. Compared with the full-time retention rate at similar Doctoral Universities (85%), 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

White
4,580
Hispanic or Latino
685
Two or More Races
329

The enrolled student population at Colorado School of Mines is 67.9% White, 10.2% Hispanic or Latino, 4.88% Two or More Races, 4.52% Asian, 0.979% Black or African American, 0.386% American Indian or Alaska Native, and 0.0297% 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 50% White, 15% Hispanic or Latino, and 9.69% 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, 169 students (2.51%) did not report their race.

Graduates

In 2020, 698 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 (1,103 degrees awarded). There were 9.35 times more white graduates than the next closest race/ethnicity group, hispanic or latino (118 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (313 degrees awarded), followed by Computer Science (125 degrees) and Chemical Engineering (104 degrees).

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 (1,221 degrees awarded), Physical Sciences (80 degrees), and Math & Statistics (48 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 (878,518 people), Other managers (473,051 people), Miscellaneous engineers, including nuclear engineers (375,587 people), Civil engineers (263,344 people), and Postsecondary teachers (216,913 people).

The most specialized majors at Colorado School of Mines are Engineering (1,221 degrees awarded), Physical Sciences (80 degrees), Math & Statistics (48 degrees), Computer and Information Sciences and Support Services (179 degrees), and Engineering Technologies (36 degrees).

Highest Paying Jobs by Major

Surgeons

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

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 (995,957 people), Architectural, engineering & related services (483,301 people), Colleges, universities & professional schools, including junior colleges (418,359 people), Construction (317,822 people), and Elementary & secondary schools (263,033 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

Mechanical Engineering
313 degree-majorss awarded
Computer Science
125 degree-majorss awarded
Chemical Engineering
104 degree-majorss awarded

In 2020, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 313 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

1,144

Degrees Awarded to Men

in 2020

446

Degrees Awarded to Women

in 2020

In 2020, 1,144 degrees were awarded to men at Colorado School of Mines, which is 2.57 times more than the number of degrees awarded to females (446).

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

Most Common Male Majors

In 2020, 299 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 3.6 times more than the 83 female recipients with that same degree.

Most Common Female Majors

In 2020, 83 degrees were awarded to women at Colorado School of Mines in Mechanical Engineering, which is 0.278 times less than the 299 male recipients with that same degree.

Time to Complete

59%

100% Completion Time

80%

150% Completion Time

In 2020, 59% 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, 80% completed their degrees within 150% of the normal time, and 81% 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.

Black or African American Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Colorado School of Mines is Male and Black or African American (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (72.4%).

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% of graduates (0 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
1,103 degrees awarded
Hispanic or Latino
118 degrees awarded
Two or More Races
88 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,103 degrees awarded). There were 9.35 times more white recipients than the next closest race/ethnicity group, hispanic or latino (118 degrees).

1.07% of degree recipients (17 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic

White Male
780 degrees awarded
White Female
323 degrees awarded
Hispanic or Latino Male
87 degrees awarded

The most common race/ethnicity and sex grouping at Colorado School of Mines is white male (780 degrees awarded). There were 2.41 times more white male recipients than the next closest race/ethnicity group, white female (323 degrees).

Operations

Colorado School of Mines has an endowment valued at nearly $256M, as of the end of the 2020 fiscal year. The return on its endowment was of $7.49M (2.93%), compared to the 3.43% average return ($10.5M on $307M) across all Doctoral Universities.

In 2020, Colorado School of Mines had a total salary expenditure of $218M. Colorado School of Mines employs 99 Professors, 76 Instructors, and 72 Associate professors. Most academics at Colorado School of Mines are Male Professors (81), Male Associate professors(50), and Male Instructors (42).

The most common positions for non-instructional staff at Colorado School of Mines are: Business and Financial Operations, with 156 employees, Research, with 147 employees, and Management with 133 employees.

Endowment

$256M

2020 Endowment

1.6%

growth from 2019

Colorado School of Mines has an endowment valued at about $256M, as of the end of the 2020 fiscal year. The endowment of Colorado School of Mines grew 1.6% from the previous year. The value of their endowment was $50.8M 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.

Government Grants and Contracts

Grants & Contracts

$55.6M - Federal
$22.2M - State
$0 - Local

As of 2020, Colorado School of Mines received $55.6M in grants and contracts from the federal government, $22.2M from state grants and contracts, and $0 from local grants and contracts.

Salary Expenditure

$120M

2020 Salaries

6.89%

growth from 2019

In 2020, Colorado School of Mines paid a median of $120M in salaries, which represents 55.2% of their overall expenditure ($218M) and a 6.89% growth from the previous year. This is compared to a 9.49% growth from 2018 and a 4.38% growth from 2017.

The median for similar Doctoral Universities is 238M (42.6% of overall expenditures).

Instructional Salaries

$34.9M

Instructional Salaries

314

Number of Employees

In 2020, Colorado School of Mines paid a total of $34.9M to 314 employees working as instructors, which represents 29.1% of all salaries paid.

This is compared to a median of $70.3M (29.6%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

99 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

156 Employees

In 2020, the most common positions for instructional staff at Colorado School of Mines were Professor with 99 employees; Instructor with 76 employees; and Instructor with 72 employees.

In 2020, the most common positions for non-instructional staff at Colorado School of Mines were Business and Financial Operations with 156 employees; Research with 147 employees; and Management with 133 employees.

Instructors by Academic Rank and Sex

Most Common Demographic

Male Professor
Male Associate professor
Male Instructor

In 2020, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 81 employees, Male Associate professor with 50 employees, and Male Instructor with 42 employees.

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