MIT Student Financial Services How will I afford an MIT education

TAX-FREE STUDENT LOAN REPAYMENT ASSISTANCE

Loan repayment programs provide student loan repayment assistance to participants on the condition that those participants provide certain services, generally primary health services, in areas where shortages of these services exist. Student loan repayment assistance you receive under the following programs is tax free:

  • National Health Service Corps (NHSC) Loan Repayment Program
  • State programs eligible for funds under the Public Health Service Act
  • Law School/LRAP

More information

IRS Publication 970 – Tax Benefits for Education (chapter 5)

Student Stories Fausto Morales
Class of '12

Fausto is one of thousands of students who are paying much less than MIT's "sticker price" - because we meet every student's full financial need.

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Outside scholarships

There are hundreds of outside private scholarships for every type of student.

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