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massachusetts institute of technology

MIT responds to Senate request for tuition, financial aid and endowment figures

March 3, 2008

The Institute has responded to a request from the US Senate Committee on Finance for information on MIT's endowment spending policies and commitment to financial aid. Senator Max Baucus and Senator Charles Grassley wrote to MIT and 135 other colleges and universities requesting information related to endowment growth and college costs. President Hockfield's response letter, and a copy of MIT's answers to the Senators' questions, are available online.

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President Hockfield’s Response Letter to Senator Baucus and Senator Grassley - March 3, 2008

MIT response to Senate Finance Committee - March 3, 2008 (PDF)

Letter to the Community on Financial Aid and the Endowment - February 29. 2008

Baucus, Grassley write to 136 colleges, seek details of endowment pay-outs, student aid - Senate Committee on Finance, Jan. 24, 2008 (PDF)

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