MIT Student Financial Services How will I afford an MIT education

HOW WILL I AFFORD AN MIT EDUCATION?

At first glance, MIT can look so expensive that it seems out of reach for most students. This section of the SFS web site gives you some information and strategies to make attendance financially possible for you and your family, both while you’re in school and after you graduate.

As with any budget, there are two sides: expenses and resources.

Expenses

  • Tuition and fees
  • Housing
  • Food
  • Personal expenses (books, clothing, computer, transportation, utilities, entertainment, etc.)

Resources

  • Family contribution, including students’ savings (and for undergraduate students, their parents’ earnings, savings, parent loans, etc).
  • MIT scholarships
  • Outside scholarships and grants
  • Student loans
  • Term-time work (this can include research opportunities taken for pay during the academic-year)
  • Summer work

Click on your student category for more detailed budget outlines:

Undergraduates

Graduate students

SFS NewsDates & Deadlines
 

Stay Tuned

Help us improve our website by taking this short usability survey!

 

13-14 financial aid awards are online!

Visit https://fadata.mit.edu to view your award.  If it is not posted, please look at the documents and messages tabs to see if we are missing anything from you.  All recently received documents will be reviewed as soon as possible.  Please contact us with any questions.

 
null