Colorado School of Mines

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2019 Undergraduate Tuition
$16,650
0% growth from 2018
2019 Average Net Price
$26,856
After Financial Aid
2017 Student Loan
1.79%
Default Rate
2019 Acceptance Rate
53.1%
11,756 Applicants
2019 Enrolled Students
6,628
92.5% Full-Time
2018 Graduation Rate
80.2%
761 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 (327 degrees awarded), Petroleum Engineering (110 degrees), and Computer Science (102 degrees).

In 2019, 1,595 degrees were awarded across all undergraduate and graduate programs at Colorado School of Mines. 30.5% of these degrees were awarded to women, and 69.5% awarded men. The most common race/ethnicity group of degree recipients was white (1,098 degrees), 10.5 times more than then the next closest race/ethnicity group, hispanic or latino (105 degrees).

The median undergraduate tuition at Colorado School of Mines is $16,650, which is $−11,850 less than the national average for Doctoral Universities ($28,500).

Costs

The median undergraduate tuition at Colorado School of Mines is $16,650, which is $−11,850 less than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $26,856.

In 2019, 75% of undergraduate students received federal grants, while 39% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$16,650
2019 Undergraduate Tuition

In 2019, the cost of tuition at Colorado School of Mines was $16,650. The cost of tuition at Colorado School of Mines is $−11,850 less than than the overall (public and private) national average for Doctoral Universities ($28,500).

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Average Net Price

$26,856
2019 Value
4.23%
1 Year Growth

In 2019 Colorado School of Mines had an average net price — the price paid after factoring in grants and loans — of $26,856. Between 2018 and 2019, the average net price of Colorado School of Mines grew by 4.23%.

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

$11,121
Room and Board
$1,500
Books and Supplies

The average yearly cost of room and board at Colorado School of Mines was of $11,121 in 2019. During the same period, the average yearly cost of books and supplies was $1,500. The cost of room and board increased by 6.07% between 2018 and 2019. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

75%
Of Undergraduates Receive Grants
39%
Of Undergraduates Receive Federal Loans

75% of undergraduate students at Colorado School of Mines received grants or loans in 2019. This represents a growth of 1.35% with respect to 2018, when 74% 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.
1.79%
2017 Default Rate
15
Number of Defaults

In 2017 the default rate for borrower's at Colorado School of Mines was 1.79%, which represents 15 out of the 837 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 11,756 undergraduate applications in 2019, which represents a 7.15% annual decline. Out of those 11,756 applicants, 6,240 students were accepted for enrollment, representing a 53.1% acceptance rate.

There were 6,628 students enrolled at Colorado School of Mines in 2019, and 81% of first-time enrollees submitted SAT scores with their applications.

Colorado School of Mines has an overall enrollment yield of 20.5%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

53.1%
Acceptance Rate in 2019
6,240
Accepted Out of 11,756

In 2019, the undergraduate acceptance rate of Colorado School of Mines was 53.1% (6,240 admissions from 11,756 applications). This is higher than the acceptance rate of 2018, which was 49.2%. Between 2018 and 2019, the number of applicants declined by −7.15%, while admissions grew by 0.193%.

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

81%
Submission Percentage
1,034
Scores Submitted

81% of enrolled first-time students at Colorado School of Mines in 2019 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 6,628 students. The full-time enrollment at Colorado School of Mines is 6,131 students and the part-time enrollment is 497. This means that 92.5% 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 67.4% White, 9.28% Hispanic or Latino, 4.84% Two or More Races, 4.39% Asian, 0.951% Black or African American, 0.317% American Indian or Alaska Native, and 0.0604% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Colorado School of Mines in full-time Undergraduate programs are most commonly White Male (48.2%), followed by White Female (21.6%) and Hispanic or Latino Male (6.96%). Students enrolled in full-time Graduate programs are most commonly White Male (39.1%), followed by White Female (18.2%) and Hispanic or Latino Male (2.91%).

Full-Time vs Part-Time Enrollment

92.5%
Full-Time Enrollment

The total enrollment at Colorado School of Mines, both undergraduate and graduate, is 6,628 students. The full-time enrollment at Colorado School of Mines is 6,131 and the part-time enrollment is 497. This means that 92.5% of students enrolled at Colorado School of Mines are enrolled full-time compared with 77.6% 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.

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Retention Rate over Time

92%
2019 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 (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
    4,464
  2. Hispanic or Latino
    615
  3. Two or More Races
    321

The enrolled student population at Colorado School of Mines is 67.4% White, 9.28% Hispanic or Latino, 4.84% Two or More Races, 4.39% Asian, 0.951% Black or African American, 0.317% American Indian or Alaska Native, and 0.0604% 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 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 150 students (2.26%) did not report their race.

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Graduates

In 2019, 623 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 (1,098 degrees awarded). There were 10.5 times more white graduates than the next closest race/ethnicity group, hispanic or latino (105 degrees).

The most common Bachelor's Degree concentration at Colorado School of Mines is Mechanical Engineering (327 degrees awarded), followed by Petroleum Engineering (110 degrees) and Computer Science (102 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 (1,227 degrees awarded), Physical Sciences (96 degrees), and Math & Statistics (59 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 (1,031,515 people), Other managers (458,666 people), Miscellaneous engineers, including nuclear engineers (386,624 people), Civil engineers (285,135 people), and Mechanical engineers (221,686 people).

The most specialized majors at Colorado School of Mines are Engineering (1,227 degrees awarded), Physical Sciences (96 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (129 degrees), and Engineering Technologies (48 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 Surgeons, Other financial specialists, Lawyers, & judges, magistrates, & other judicial workers, Cardiovascular technologists and technicians, and Physicians

The most specialized majors at Colorado School of Mines are Engineering (1,227 degrees awarded), Physical Sciences (96 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (129 degrees), and Engineering Technologies (48 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 (1,052,836 people), Architectural, engineering & related services (492,567 people), Colleges, universities & professional schools, including junior colleges (426,830 people), Construction (335,321 people), and Elementary & secondary schools (263,362 people).

The most specialized majors at Colorado School of Mines are Engineering (1,227 degrees awarded), Physical Sciences (96 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (129 degrees), and Engineering Technologies (48 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. 327 degree-majorss awarded
  2. 110 degree-majorss awarded
  3. 102 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Colorado School of Mines was Mechanical Engineering with 327 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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Gender Breakdown for Common Majors

1,109
Degrees Awarded to Men
in 2019
486
Degrees Awarded to Women
in 2019

In 2019, 1,109 degrees were awarded to men at Colorado School of Mines, which is 2.28 times more than the number of degrees awarded to females (486).

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 2019, 320 degrees were awarded to men at Colorado School of Mines in Mechanical Engineering, which is 4.05 times more than the 79 female recipients with that same degree.

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Most Common Female Majors

In 2019, 79 degrees were awarded to women at Colorado School of Mines in Mechanical Engineering, which is 0.247 times less than the 320 male recipients with that same degree.

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Time to Complete

55%
100% Completion Time
78%
150% Completion Time

In 2019, 55% 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, 78% completed their degrees within 150% of the normal time, and 79% 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.
Asian Female
Highest Graduation Rate (92.3%)

The student demographic with the highest graduation rate at Colorado School of Mines is Female and Asian (92.3% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (69.1%).

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, 0.263% 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
    1,098 degrees awarded
  2. Hispanic or Latino
    105 degrees awarded
  3. Two or More Races
    88 degrees awarded

The most common race/ethnicity at Colorado School of Mines is white (1,098 degrees awarded). There were 10.5 times more white recipients than the next closest race/ethnicity group, hispanic or latino (105 degrees).

0.878% of degree recipients (14 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    770 degrees awarded
  2. White Female
    328 degrees awarded
  3. Hispanic or Latino Male
    76 degrees awarded

The most common race/ethnicity and gender grouping at Colorado School of Mines is white male (770 degrees awarded). There were 2.35 times more white male recipients than the next closest race/ethnicity group, white female (328 degrees).

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Operations

Colorado School of Mines has an endowment valued at nearly $252M, as of the end of the 2019 fiscal year. The return on its endowment was of $7.3M (2.9%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Colorado School of Mines had a total salary expenditure of $238M. Colorado School of Mines employs 98 Professors, 75 Instructors, and 70 Associate professors. Most academics at Colorado School of Mines are Male Professors (80), Male Associate professors(49), and Male Instructors (40).

The most common positions for non-instructional staff at Colorado School of Mines are: Research, with 140 employees, Business and Financial Operations, with 137 employees, and Management with 123 employees.

Finances

Endowment

$252M
2019 Endowment
2.51%
decline from 2018

Colorado School of Mines has an endowment valued at about $252M, as of the end of the 2019 fiscal year. The endowment of Colorado School of Mines declined 2.51% from the previous year. The value of their endowment was $59.4M 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. $49.6M - Federal
  2. $20.7M - State
  3. $0 - Local

As of 2019, Colorado School of Mines received $49.6M in grants and contracts from the federal government, $20.7M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$112M
2019 Salaries
9.49%
growth from 2018

In 2019, Colorado School of Mines paid a median of $112M in salaries, which represents 47.1% of their overall expenditure ($238M) and a 9.49% growth from the previous year. This is compared to a 4.38% growth from 2017 and a 4.56% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$35.5M
Instructional Salaries
327
Number of Employees

In 2019, Colorado School of Mines paid a total of $35.5M to 327 employees working as instructors, which represents 31.6% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
98 Employees
Research
Most Common Non-Instructional Employee
140 Employees

In 2019, the most common positions for instructional staff at Colorado School of Mines were Professor with 98 employees; Instructor with 75 employees; and Instructor with 70 employees.

In 2019, the most common positions for non-instructional staff at Colorado School of Mines were Research with 140 employees; Business and Financial Operations with 137 employees; and Management with 123 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Colorado School of Mines was Male Professor with 80 employees, Male Associate professor with 49 employees, and Male Instructor with 40 employees.

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

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