Colorado School of Mines

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2017 Undergraduate Tuition

$16,170

3.06% growth from 2016

2017 Average Net Price

$25,472

After Financial Aid

2016 Student Loan

1.29%

Default Rate

2017 Acceptance Rate

55.7%

10,618 Applicants

2017 Enrolled Students

6,209

91.8% Full-Time

2017 Graduation Rate

78%

686 Graduates

About

Colorado School of Mines is a higher education institution located in Jefferson County, CO. In 2016, the most popular Bachelor's Degree concentrations at Colorado School of Mines were Mechanical Engineering (241 degrees awarded), Petroleum Engineering (189 degrees), and Chemical Engineering (86 degrees).

In 2017, 1,466 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 27.5% of these degrees were awarded to women, and 72.5% awarded men. The majority of degree recipients were white (1,029 degrees), 11.7 times more than then the next closest race/ethnicity group, hispanic or latino (88 degrees).

The median undergraduate tuition at Colorado School of Mines is $16,170, which is $-10,330 less than the national average for Doctoral Universities ($26,500).

Costs

The median undergraduate tuition at Colorado School of Mines is $16,170, which is $-10,330 less than the national average for Doctoral Universities ($26,500).

After taking grants and loans into account, the average net price for students is $25,472.

In 2017, 72% of undergraduate students received federal grants, while 40% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$16,170

2017 Undergraduate Tuition

In 2017, the cost of tuition at Colorado School of Mines was $16,170. The cost of tuition at Colorado School of Mines is $-10,330 less than than the overall (public and private) national average for Doctoral Universities ($26,500).

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

$25,472

2017 Value

1.49%

1 Year Growth

In 2017 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $25,472. Between 2016 and 2017, the average net price of Colorado School of Mines grew by 1.49%.

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

$10,275

Room and Board

$1,500

Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $10,275 in 2017. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 2.34% between 2016 and 2017. 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.

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Financial Aid

Financial Aid by Income Level

72%

Of Undergraduates Receive Grants

40%

Of Undergraduates Receive Federal Loans

72% of undergraduate students at Colorado School of Mines received grants or loans in 2017. This represents a growth of 12.5% with respect to 2016, when 64% 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.

1.29%

2016 Default Rate

11

Number of Defaults

In 2016 the default rate for borrower's at Colorado School of Mines was 1.29%, which represents 11 out of the 855 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 10,618 undergraduate applications in 2017, which represents a 13.6% annual decline. Out of those 10,618 applicants, 5,916 students were accepted for enrollment, representing a 55.7% acceptance rate.

There were 6,209 students enrolled at Colorado School of Mines in 2017, and 33% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 19.2%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

55.7%

Acceptance Rate in 2017

5,916

Accepted Out of 10,618

In 2017, the undergraduate acceptance rate of Colorado School of Mines was 55.7% (5,916 admissions from 10,618 applications). This is higher than the acceptance rate of 2016, which was 40.4%. Between 2016 and 2017, the number of applicants declined by -13.6%, while admissions grew by 19.3%.

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

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SAT Scores

33%

Submission Percentage

362

Scores Submitted

33% of enrolled first-time students at Colorado School of Mines in 2017 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.

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Enrollment

Colorado School of Mines has a total enrollment of 6,209 students. The full-time enrollment at Colorado School of Mines is 5,699 students and the part-time enrollment is 510. This means that 91.8% 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 69.1% White, 7.76% Hispanic or Latino, 4.86% Two or More Races, 4.43% Asian, 1.13% Black or African American, 0.338% American Indian or Alaska Native, and 0.0483% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are majority White Male (51.8%), followed by White Female (21%) and Hispanic or Latino Male (5.87%). Students enrolled in full-time Graduate programs are majority White Male (36.3%), followed by White Female (16.7%) and Hispanic or Latino Male (2.78%).

Full-Time vs Part-Time Enrollment

91.8%

Full-Time Enrollment

The total enrollment at Colorado School of Mines, both undergraduate and graduate, is 6,209 students. The full-time enrollment at Colorado School of Mines is 5,699 and the part-time enrollment is 510. This means that 91.8% of students enrolled at Colorado School of Mines are enrolled full-time compared with 78% 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%

2017 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 (83%), 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

  1. White

    4,293

  2. Hispanic or Latino

    482

  3. Two or More Races

    302

The enrolled student population at Colorado School of Mines is 69.1% White, 7.76% Hispanic or Latino, 4.86% Two or More Races, 4.43% Asian, 1.13% Black or African American, 0.338% American Indian or Alaska Native, and 0.0483% 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 51.5% White, 13.4% Hispanic or Latino, and 9.57% 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, 60 students (0.966%) did not report their race.

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Graduates

In 2017, 660 fewer women than men received degrees from Colorado School of Mines. The majority of degree recipients at Colorado School of Mines are white (1,029 degrees awarded). There were 11.7 times more white graduates than the next closest race/ethnicity group, hispanic or latino (88 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (241 degrees awarded), followed by Petroleum Engineering (189 degrees) and Chemical Engineering (86 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 (1,179 degrees awarded), Physical Sciences (79 degrees), and Math & Statistics (32 degrees).

Workforce

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 (836,383 people), Other managers (486,240 people), Miscellaneous engineers, including nuclear engineers (361,150 people), Civil engineers (245,120 people), and Postsecondary teachers (213,811 people).

The most specialized majors at Colorado School of Mines are Engineering (1,179 degrees awarded), Physical Sciences (79 degrees), Math & Statistics (32 degrees), Engineering Technologies (40 degrees), and Computer and Information Sciences and Support Services (79 degrees).

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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 Physicians, Magnetic resonance imaging technologists, Chemists & materials scientists, Dentists, and Surgeons

The most specialized majors at Colorado School of Mines are Engineering (1,179 degrees awarded), Physical Sciences (79 degrees), Math & Statistics (32 degrees), Engineering Technologies (40 degrees), and Computer and Information Sciences and Support Services (79 degrees).

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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 (969,300 people), Architectural, engineering & related services (469,123 people), Colleges, universities & professional schools, including junior colleges (429,127 people), Construction (306,661 people), and Elementary & secondary schools (266,999 people).

The most specialized majors at Colorado School of Mines are Engineering (1,179 degrees awarded), Physical Sciences (79 degrees), Math & Statistics (32 degrees), Engineering Technologies (40 degrees), and Computer and Information Sciences and Support Services (79 degrees).

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Degrees

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

  1. 241 degrees awarded

  2. 189 degrees awarded

  3. 86 degrees awarded

In 2017, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 241 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,063

  2. 403

In 2017, 1,063 degrees were awarded to men at Colorado School of Mines, which is 2.64 times more than the number of degrees awarded to females (403).

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

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Most Common Male Majors

In 2017, 229 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 4.09 times more than the 56 female recipients with that same degree.

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Most Common Female Majors

In 2017, 56 degrees were awarded to women at Colorado School of Mines in Mechanical Engineering, which is 0.245 times less than the 229 male recipients with that same degree.

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Time to Complete

49%

100% Completion Time

77%

150% Completion Time

In 2017, 49% 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, 77% completed their degrees within 150% of the normal time, and 78% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Colorado School of Mines is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (68.1%).

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, 0.292% of graduates (2 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    1,029 degrees awarded

  2. Hispanic or Latino

    88 degrees awarded

  3. Asian

    81 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,029 degrees awarded). There were 11.7 times more white recipients than the next closest race/ethnicity group, hispanic or latino (88 degrees).

1.16% of degree recipients (17 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    761 degrees awarded

  2. White Female

    268 degrees awarded

  3. Hispanic or Latino Male

    63 degrees awarded

The most common race/ethnicity and gender grouping at Colorado School of Mines is white male (761 degrees awarded). There were 2.84 times more white male recipients than the next closest race/ethnicity group, white female (268 degrees).

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Operations

Colorado School of Mines has an endowment valued at nearly $246M, as of the end of the 2017 fiscal year. The return on its endowment was of $5.55M (2.26%), compared to the 5.91% average return ($16.9M on $287M) across all Doctoral Universities.

In 2017, Colorado School of Mines had a total salary expenditure of $348M. Colorado School of Mines employs 88 Professors, 65 Instructors, and 61 Assistant professors. Most academics at Colorado School of Mines are Male Professors (72), Male Associate professors(47), and Male Assistant professors (43).

The most common positions for non-instructional staff at Colorado School of Mines are: Business and Financial Operations, with 107 employees, Research, with 102 employees, and Service with 102 employees.

Finances

Endowment

$246M

2017 Endowment

15.9%

growth from 2016

Colorado School of Mines has an endowment valued at about $246M, as of the end of the 2017 fiscal year. The endowment of Colorado School of Mines grew 15.9% from the previous year. The value of their endowment was $40.4M 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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Government Grants and Contracts

Grants & Contracts

  1. $37.4M - Federal

  2. $19.5M - State

  3. $0 - Local

As of 2017, Colorado School of Mines received $37.4M in grants and contracts from the federal government, $19.5M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$98.3M

2017 Salaries

4.56%

growth from 2016

In 2017, Colorado School of Mines paid a median of $98.3M in salaries, which represents 28.3% of their overall expenditure ($348M) and a 4.56% growth from the previous year. This is compared to a 2.45% decline from 2015 and a 6.23% growth from 2014.

The median for similar Doctoral Universities is 215M (42.7% of overall expenditures).

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Instructional Salaries

$30.9M

Instructional Salaries

301

Number of Employees

In 2017, Colorado School of Mines paid a total of $30.9M to 301 employees working as instructors, which represents 31.4% of all salaries paid.

This is compared to a median of $61.3M (31.9%) for similar Doctoral Universities: Higher Research Activity.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

88 Employees

Business and Financial Operations

Most Common Non-Instructional Employee

107 Employees

In 2017, the most common positions for instructional staff at Colorado School of Mines were Professor with 88 employees; Instructor with 65 employees; and Instructor with 61 employees.

In 2017, the most common positions for non-instructional staff at Colorado School of Mines were Business and Financial Operations with 107 employees; Research with 102 employees; and Service with 102 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2017, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 72 employees, Male Associate professor with 47 employees, and Male Assistant professor with 43 employees.

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

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