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Overview
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Admissions
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Financials
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Academic
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Campus Life
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Students
In-state
Out-of-state
Cost of Attendance :
$89,340

No data available

Tuition & Fees :
$64,730
Room & Board :
$21,264
Books & Supplies :
$910
Other Expenses :
$2,436
Scholarship Finder
Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@mit.edu
Website
Financial Aid Website
Net Price Calculator
Tap Here
Application Process
Application Deadline
January 1
Award Notification
On a rolling basis beginning March 17
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA Code is 002178 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2024-25 Financial Aid
Profile of 2024-25 Financial Aid
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Freshman
Financial Aid Applicants
828 (75.3%) of freshmen
Found to Have Financial Need
601 (72.6%) of applicants
Received Financial Aid
601 (100.0%) of applicants with financial need
Need Fully Met
601 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$69,036
Need-Based Gift
Received by 596 (99.2%) of aid recipients, average amount $67,740
Need-Based Self-Help
Received by 292 (48.6%) of aid recipients, average amount $2,815
Merit-Based Gift
Received by 15 (2.5%) of aid recipients
Not reported
All Undergraduates
Financial Aid Applicants
2,953 (65.2%) of undergraduates
Found to Have Financial Need
2,548 (86.3%) of applicants
Received Financial Aid
2,548 (100.0%) of applicants with financial need
Need Fully Met
2,548 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$68,358
Need-Based Gift
Received by 2,528 (99.2%) of aid recipients, average amount $66,931
Need-Based Self-Help
Received by 1,467 (57.6%) of aid recipients, average amount $3,065
Merit-Based Gift
Received by 33 (1.3%) of aid recipients
Not reported
All Undergraduates
2024 Graduates Who Took Out Loans
13%
Average Indebtedness of 2024 Graduates
$29,488
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Other Loans
College/University Loans
Private Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
None
Non-Need Awards
Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Creative Arts/Performance Award Areas
Not reported
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Not reported
Number of Awards
Not reported
Special Characteristics Award Areas
Veterans
Veterans' Children
Number of Awards
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$3,011
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2024-25 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2025 Peterson's LLC. All rights reserved.