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Overview
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Admissions
Financials active icon
Financials
Academic inactive icon
Academic
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Campus Life
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Students
In-state
Out-of-state
Cost of Attendance :
$92,760

Installment Plan Available

Tuition & Fees :
$67,140
Room & Board :
$22,194
Books & Supplies :
$930
Other Expenses :
$2,496
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
Methodology For Awarding Institutional Aid
Institutional Methodology
Forms Required Cost
FAFSA Code is 002178 Free
Business/Farm Supplement Free
CSS/Financial Aid Profile $25 for first college, $16 each additional
Profile of 2025-26 Financial Aid
Profile of 2025-26 Financial Aid
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Freshman
Financial Aid Applicants
921 (79.7%) of freshmen
Found to Have Financial Need
700 (76.0%) of applicants
Received Financial Aid
700 (100.0%) of applicants with financial need
Need Fully Met
700 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$74,969
Need-Based Gift
Received by 696 (99.4%) of aid recipients, average amount $73,398
Need-Based Self-Help
Received by 356 (50.9%) of aid recipients, average amount $2,613
Merit-Based Gift
Received by 15 (2.1%) of aid recipients
Not reported
All Undergraduates
Financial Aid Applicants
3,083 (67.6%) of undergraduates
Found to Have Financial Need
2,626 (85.2%) of applicants
Received Financial Aid
2,626 (100.0%) of applicants with financial need
Need Fully Met
2,626 (100.0%) of aid recipients
Average Percent of Need Met
100%
Average Award
$72,593
Need-Based Gift
Received by 2,604 (99.2%) of aid recipients, average amount $71,120
Need-Based Self-Help
Received by 1,592 (60.6%) of aid recipients, average amount $2,984
Merit-Based Gift
Received by 42 (1.6%) of aid recipients
Not reported
All Undergraduates
2024 Graduates Who Took Out Loans
13%
Average Indebtedness of 2024 Graduates
$41,297
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
$2,641
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 © 2026 Peterson's LLC. All rights reserved.