|
|
| | |
|
 

Massachusetts Institute of Technology

Cambridge, MA
Save School
Tuition & Aid
Bang for Your Buck
Aid from all sources totals more than $115.6 million, and 72 percent of that total is provided by MIT Scholarships. Sixty-two percent of undergraduates qualify for need-based MIT Scholarships, and the average scholarship award exceeds $32,000. MIT is one of only a few number of institutions that... More More
Bottom Line
For the fall and spring terms, MIT tuition is about $44,720. Room and board averages about $13,224per academic year, though those costs vary depending on a student’s living situation. Books run about $1,000. MIT admits students without regard to their familys’ circumstances and awards financial aid ... More More

Visiting And Contact Information

77 Massachusetts Avenue

Room 3-108

Cambridge, MA 02139

United States

Phone: 617-253-3400

Fax: 617-258-8304

Website

Financial Aid Statistics

Receiving any financial aid

Average Freshman Total Need-Based Gift Aid
$36,881
Average Undergraduate Total Need-Based Gift Aid
$37,090
Average Need-Based Loan
$3,005
Average amount of loan debt per graduate
$19,064
Undergraduates who have borrowed through any loan program
37%
Average amount of each freshman scholarship/grant package
$33,062
Financial aid provided to international students
Yes

Expenses per Academic Year

Tuition
$44,720
Required Fees
$296
Average Cost for Books and Supplies
$1,000
Tuition / Fees Vary by Year of Study
No
Available Aid
Financial Aid Methodology Used:Institutional
Scholarships and Grants:Federal Pell
SEOG
State Scholarships / Grants
Private Scholarships
College / University Scholarships
Federal Direct Student Loan Programs:Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
Federal Family Education Loan Program (FFEL):Federal Perkins Loans
College/university loans from institutional funds
Is Institutional Employment Available (other than Federal Work Study):Yes
Highest amount undergraduates earned annually from part-time on-campus work (not including Work Study):$15,509
Direct Lender:Yes

More More

Financial Aid Application Process

Financial Aid Application Deadline
February
15
Freshman Financial Aid Notification Date
April
1
  • Required Forms
  • FAFSA
    CSS/Financial Aid Profile
    Noncustodial Profile
    Business/Farm Supplement
Office Phone Number :617-258-8600

Tuition and Aid

  • Financial Aid Rating:
    92
  • Tuition:
    $44,720
  • On-Campus Room and Board:
    $13,224
  • Ugrads receiving need-based financial aid:
    75%
  • Avg % of Need Met:
    100%
  • Avg Financial Aid Package:
    $40,118
  • Financial Aid Application Deadline:
    02/15
  • Financial Aid Notification Date:
    04/01
Need help researching schools? College Recruiter is a free service