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MIT - Massachusetts Institute of Technology
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MIT at a Glance

History

  • Incorporated by the Commonwealth of Massachusetts on April 10, 1861.

Motto

  • Mens et manus—“Mind and Hand”

Faculty

  • There are 1,018 professors of all ranks, and 720 other teaching staff.

Honors (MIT Community, Current and Former)

  • 77 Nobel Laureates
  • 52 National Medal of Science winners
  • 38 MacArthur Fellows

Freshman Admission, Class of 2015

  • Applicants: 17,909
  • Admits: 1,742
  • Percentage Admitted: 9.7%

Students, Academic Year 2011–2012

  • Undergraduate: 4,384
  • Graduate: 6,510
  • Total: 10,894

Undergraduate Cost, 2011–2012

  • Tuition: $40,732
  • Room, board, and fees: $11,775

Undergraduate Financial Aid, 2011–2012

  • Students receiving some form of financial aid: 92%
  • Students awarded an MIT scholarship: 62%
  • MIT families earning less than $75,000 annually: 29%
  • Average need-based financial aid package: $38,964