Academic Fees and Living Costs

Budget

The estimated average budget for a single graduate student enrolled at MIT for the academic year of nine months is approximately $62,808. A calendar year budget is about $83,858. These figures include tuition (nine months), books and supplies, hospitalization and accident insurance fees, with an allowance for a reasonable standard of living.

The estimated living expenses assume that a student will live frugally. Little is allowed for clothing, travel, and incidental expenses. The budget does not include the purchase or maintenance of an automobile or other major items. It may be possible with careful budget planning to reduce the allowances for housing and food, but not by more than two or three hundred dollars. Round trip transportation costs and travel insurance are not included.


Certificate of Eligibility

This form, required to obtain a US visa, will not be authorized until the availability of a candidate's full financial resources is determined to the satisfaction of the International Student Advisor. Please see the International Students page for further passport and visa information.


Academic Fees and Living Costs for 2009-2010

Tuition
Academic year of 9 months
Academic year of 12 months

MIT Student Extended Insurance Plan
Calendar year of 12 months


Room and Board
Academic year of 9 months
Academic year of 12 months

 

Average TOTAL costs for
single graduate student
Academic year of 9 months
Academic year of 12 months


$37,510
$50,010



$1,656


$16,500
$22,000





$62,808
$83,858

Tuition for Special Programs

Sloan Fellows Program (12 months) $110,500
(flex options 24 months) $125,000
Sloan Visiting Fellows Contact Chanh Phan
Advanced Study Program (one semester) $21,375
Leaders for Global Operations
(all students receive
generous fellowships)


Visit LGO Website

Special Program for
Urban and Regional Studies

(9 months)
$47,225
Sloan Master's Program (9 months) $48,922
Sloan Master's of Finance Program (9 months) $57,500
(12 months) $70,000
Sloan Master's of Management Studies (9 months) $52,272
System Design and Management Program Visit SDM Website
Master of Science in Real Estate Development Program (12 months, three semesters) $57,511

Master of Engineering
in Logistics Program (MLOG)


(9 months)
$48,650