All About price and manage ability: Making MIT affordable

We work closely along with families who be eligible for a educational funding to build up an affordability that is individual tailored to their monetary circumstances.

Certainly one of five

Our dedication to educational funding

Our company is certainly one of just five need-blind, full-need colleges in the U.S. ?01 Need blind means that people don’t think about your capacity to buy university into the admissions procedure; complete need means our company is dedicated to meeting 100% of demonstrated financial need with this help. Six out of each and every 10 pupils get MIT aid that is need-based. The typical price for tuition, costs, publications, materials, housing, dishes, along with other costs for pupils having an MIT Scholarship had been $22,647 in 2018–2019—that’s about just what it costs to go to a state college. As well as for pupils with household incomes under $90,000 a 12 months, we make sure that scholarship financing will let them attend mit tuition-free.

Exactly just How our aid that is financial helps

We expect you’ll award $136.3 million in MIT need-based scholarships in 2019–2020, set alongside the $127.9 million we awarded in 2018–2019. Continue reading