About Massachusetts Institute of Technology

Tuition, Cost, Financial Aid, Scholarships, and Admission Rates

How much does Massachusetts Institute of Technology cost?

Massachusetts Institute of Technology Cost of Attendance
In-state $48,452
Out-of-state $48,452
On-Campus Room and Board $14,210
Off-Campus Room and Board
Average Annual Cost $21,576
Average Cost by Family Income
Family Income Average Cost
Under $30,000
$30,000-$48,000
$48,000-$75,000
$75,000-$110,000
Over $110,000

Massachusetts Institute of Technology Financial Aid and Debt

92%

Students paying down their debt

$17,316

Typical Total Student Debt

$179

Typical Monthly Loan Payment

Financial Aid Breakdown for Full-time Incoming Freshman

Aid Type % Receiving Average Amount
Grant or scholarship aid 86% $37,116
Federal Grants 15% $6,860
Pell grants 15% $4,258
Other federal grants 9% $4,000
State/local goverment grant or scholarships 2% $2,390
Institutional grants or scholarships 53% $39,639
Student loan aid 17% $7,556
Federal student loans 14% $7,084
Other student loans 4% $10,485

Massachusetts Institute of Technology Scholarships: Start Earning in High School

Over 1 million high school students are earning no-essay college scholarships for their grades, activities, and other achievements.

Sign up for a free RaiseMe profile and see how much you can earn!

Micro-scholarships* Colleges Awarding Amount
Take a challenging class 265 Up to $3,000
Do community service 239 Up to $75
Have perfect attendance for a year 180 Up to $750
Visit a college campus 244 Up to $6,000
Do an extracurricular activity 237 Up to $1,000
Play a sport 129 Up to $600
Take a foreign language class 142 Up to $3,000
Attend a summer program 110 Up to $4,500

*GPA and other eligibility restrictions may apply

Massachusetts Institute of Technology Admissions

What is Massachusetts Institute of Technology's admissions rate?
Acceptance Rate 8%
Average GPA
SAT Submissions 76% of applicants
SAT Reading 700-790
SAT Math 760-800
SAT Writing 690-780
ACT Submissions 50% of applicants
Composite Score 33-35

Ready to start the application process for Massachusetts Institute of Technology?

The application fee for Massachusetts Institute of Technology is $75

Apply Here

Massachusetts Institute of Technology Campus Life

8:1

Student to Faculty Ratio

5

Forbes Ranking

84%

Four-Year Graduation Rate

93%

Six-Year Graduation Rate

Student Population

Campus Life
Total undergraduates 4680
Living on campus
Transfer Students 5%
Under Age 25 30%
Gender Balance
Men
54%
Women
46%

Student Diversity

79%
Diversity Index: Chance you’ll bump into a diverse range of students
White
35.51%
Asian
24.36%
Unknown
19.57%
Hispanic or Latino
14.85%
Black or African American
5.60%
American Indian or Alaska Native
0.09%
Native Hawaiian or Other Pacific Islander
0.02%

Massachusetts Institute of Technology Graduation Success

98%

First Year Student Retention

84%

Four-Year Graduation Rate

$94,200

Average Salary After Graduation

About Massachusetts Institute of Technology

Address

77 Massachusetts Avenue
Cambridge, MA

Type Private
Profit Status not-for-profit
Category Research Universities
Setting Midsize City
* Financial aid is only available for those who qualify