The sticker price for MIT is 70,596, but this is not the amount most students pay. The school stands by the fact that students should get into MIT by merit and not held back by lack of financial resources. Admissions are need-blind, meaning they will not take a student’s financial situation into account when deciding acceptance, and the school offers financial aid only on the basis of need, not a measure of merit. If you belong at MIT, MIT will help you attend.
The university also has programs such as Income Based Repayment. Average debt for completers is $18,859. In addition, about 20% of students receive grants from the federal government.
Complete the form below to request more information on admissions and financial aid from Massachusetts Institute of Technology