MIT Student Financial Services How will I afford an MIT education

STUDENT BUDGET WORKSHEET

Expenses _________ Resources _________  
Tuition and fees _________ MIT scholarship _________  
Housing _________ Term-time work _________  
Meals _________ Student loan(s) _________ (enter net amount after subtracting any fees)
 
Books and school supplies _________ Outside scholarship(s) _________  
Local transportation _________ Payment from current resources to MIT – fall _________  
_______________ _________ Payment from current resources to MIT – spring _________  
_______________   _______________ _________  
_______________   _______________ _________  
_______________   _______________ _________  
A. Total expenses: _________ B. Total resources: _________  
         
C. Net amount to finance (A minus B): _________    

Now enter the amount from line C into the payment options calculator to see what your family’s approximate average monthly payments would be by using various financing options that combine loans and the MIT Monthly Payment Plan.

 
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