College Search
Saved Colleges List - no Colleges are selected
Saved Colleges (0)
College Directory

Massachusetts Institute of Technology

Cambridge, MA

Costs

  • Average Per Year After Aid
    $20,232
  • Students Receiving Financial Aid
    56%
  • Average Aid Package
    $64,857
  • Financial Aid Application Due
    February 15

Tuition

Average Net Price$20,232 per year
Your net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price.
Average Net Price by Household Income

<$30k

$5,347 per year

$30-48k

Not available

$48-75k

$1,918 per year

$75-110k

$13,035 per year

$110k+

$44,726 per year

Sticker Price

Tuition

$61,990 per year

Other Costs

Housing

$20,280 per year

Books and Supplies

$910 per year

Personal Expenses

$2,374 per year

Transportation

Not available

Find Scholarships Matched to Your Background.
Search and match with over thousands of scholarships available.
Check Scholarships

Financial Aid

Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.

Distribution Details

  • Students Receiving Financial Aid

    56%

  • Freshmen With Need and Received Financial Aid

    99%

  • Percent of Need Met

    100%

Aid Package Details

  • Average Aid Packages Awarded

    $64,857

  • Need-Based Scholarship or Grant Award

    Scholarships and grants don’t need to be paid back.

    $63,606

  • Need-Based Loan Amount

    Loans must be paid back.

    $2,769

  • Non-Need-Based Aid

    Not available

  • Debt at Graduation

    The typical amount of loans a student must pay back.

    $26,522

Tuition Guarantee Plans

Tuition at time of first enrollment guaranteed only to students making advance payment

Financial Aid Dates

Dates are subject to change, so confirm important deadlines by visiting the college website.
Application DueFeb 15

The last day to apply for financial aid or turn in related paperwork.

Priority Application DueFeb 15

Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.

Notification DateMar 15

When students receive a letter with the amount and types of aid the college is offering.

Response DueNot available

The deadline for students to respond to the college’s aid offer.

Next Steps

Financial Aid Office Phone Number

Phone number
(617) 258-8600

You might also be interested in…

  • United States Merchant Marine Academy

    Great Neck, NY

    • 4-year
    • Public
    • Urban
    77% graduation rate
    $5K average per year after aid
    SAT score range
    SAT score range not available

  • Wesleyan University

    Middletown, CT

    • 4-year
    • Private
    • Medium
    • Suburban
    93% graduation rate
    $21K average per year after aid
    SAT score range
    1300–1500

  • Webb Institute

    Glen Cove, NY

    • 4-year
    • Private
    • Small
    • Suburban
    89% graduation rate
    $20K average per year after aid
    SAT score range
    1430–1500

  • Colby College

    Waterville, ME

    • 4-year
    • Private
    • Small
    • Rural
    88% graduation rate
    $17K average per year after aid
    SAT score range
    1470–1530

  • Wellesley College

    Wellesley, MA

    • 4-year
    • Public
    • Small
    • Suburban
    90% graduation rate
    $21K average per year after aid
    SAT score range
    1470–1550

  • Yale University

    New Haven, CT

    • 4-year
    • Private
    • Medium
    • Urban
    98% graduation rate
    $19K average per year after aid
    SAT score range
    1500–1560

  • Dartmouth College

    Hanover, NH

    • 4-year
    • Private
    • Medium
    • Rural
    95% graduation rate
    $19K average per year after aid
    SAT score range
    1480–1560

  • Middlebury College

    Middlebury, VT

    • 4-year
    • Private
    • Small
    • Rural
    94% graduation rate
    $22K average per year after aid
    SAT score range
    1450–1530

  • Williams College

    Williamstown, MA

    • 4-year
    • Private
    • Small
    • Rural
    95% graduation rate
    $21K average per year after aid
    SAT score range
    1500–1560

  • Amherst College

    Amherst, MA

    • 4-year
    • Private
    • Small
    • Suburban
    92% graduation rate
    $21K average per year after aid
    SAT score range
    1500–1560

  • Bowdoin College

    Brunswick, ME

    • 4-year
    • Private
    • Small
    • Suburban
    94% graduation rate
    $23K average per year after aid
    SAT score range
    1470–1540

  • Bates College

    Lewiston, ME

    • 4-year
    • Private
    • Small
    • Urban
    93% graduation rate
    $27K average per year after aid
    SAT score range
    1370–1475

  • Babson College

    Babson Park, MA

    • 4-year
    • Private
    • Small
    • Suburban
    93% graduation rate
    $28K average per year after aid
    SAT score range
    1410–1500

  • Harvard University

    Cambridge, MA

    • 4-year
    • Urban
    98% graduation rate
    $19K average per year after aid
    SAT score range
    SAT score range not available

  • Columbia University

    New York, NY

    • 4-year
    • Private
    • Medium
    • Urban
    95% graduation rate
    $22K average per year after aid
    SAT score range
    1510–1560

Note: College profiles are based primarily on information supplied by the colleges themselves through participation in College Board's BigFuture College Profiles higher education data collection portal, with some data provided via federal and state agencies. Costs, dates, policies, and programs are subject to change, so please confirm important facts with college admission personnel.