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MIT
facts: tuition
Tuition
for undergrads in 2000-2001 was $26,050 plus approximately $7,175 for
room and board (varies greatly depending on the student's housing and
dining arrangements). Books, materials and personal expenses (excluding
travel) were about $2,875. MIT provides financial aid to help meet these
costs, based on the calculated needs of the family. Approximately 60%
of all undergrads receive some type of financial assistance. All aid recipients
are expected to meet a portion of their need ($7,600 for 2000-01) through
a loan, part-time job, or both. Last year, the average grant and scholarship
awarded to students eligible for aid was $16,215.
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