MIT Student Financial Services Financial Aid

Enrolled undergraduates –
U.S./Canadian citizens and permanent residents

For the 2014-2015 academic year

If you wish to apply for scholarship, loan and job assistance from MIT, please submit the following documents no later than April 15, 2014. We read applications in the order they are completed, so the earlier you get your application documents in to us, the earlier you will have you financial aid award letter. You can track the status of your financial aid application by checking MyMIT. Remember to keep copies of all your application documents. Also keep in mind that after you're awarded financial aid, there are additional steps you must take before your aid is disbursed. Those steps are outlined on our finalizing undergraduate awards page.


Required Documents Instructions

Free Application for Federal Student Aid (FAFSA)*

*U.S. Citizens and Permanent Residents Only

Designate MIT as one of your recipients using federal code 002178

(If you believe you will not qualify for MIT Scholarship assistance and would like to apply for federal aid only, please complete the FAFSA and email sfs@mit.edu to tell us you will not be completing the rest of the application requirements.  The email should come from the student, not from a parent.)

CSS PROFILE

Designate MIT as a recipient by using our CSS code number of 3514 and answer the CSS Supplemental Questions specific to MIT.

Non-Custodial Parent's Profile

If your parents are separated or divorced, your non-custodial parent must file this form.

Once you complete the CSS PROFILE, CSS will e-mail you application instructions, including a link to the Noncustodial Parent's PROFILE web site and login instructions, to send to your noncustodial parent.

Parents' 2013 U.S. Income Tax Returns, W-2 forms and all schedules

Canadian Citizens must submit their entire T1 General tax return and T4 statements. The "Notice of Assessment" is not sufficient data.

Submit your parents' signed 2013 tax returns directly to the College Board using their IDOC service. You will receive an email with a cover sheet and detailed instructions from CSS on how to submit these documents (Please note: emails will be sent starting in early February 2014). These must be the final returns that are submitted to the IRS; we cannot accept a draft or estimate. Please allow up to 2 weeks processing time on all documents submitted to IDOC.

If your family owns a corporation or interest in a partnership, you must send the most recent corporation or partnership tax return. Please note that a K-1 is insufficient data, as the complete taxes are needed.

If you, your parents, or other siblings are beneficiaries of an estate or trust, submit the appropriate schedule K-1 of IRS Form 1041 or IRS Form 4970 through IDOC.

If your parents are separated or divorced, your non-custodial parent's tax returns are also required.

Important: Do not send tax documents to MIT by e-mail.  We are unable to process electronic or scanned copies of U.S. and Canadian tax forms.

CSS Business/Farm Supplement

This form will only be required if we request it from you.  If your parent(s) are self-employed or have any ownership in a business, please make sure you answer those questions correctly on the CSS Profile.

Additional information

      If your family has special circumstances or unusual expenses, or you have any other information that will help us understand their financial situation more completely, please send us a letter detailing that information.

      Submit this letter as part of your IDOC packet.

    Mailing address:

    Massachusetts Institute of Technology
    Student Financial Services
    Room 11-120
    77 Massachusetts Avenue
    Cambridge, MA 02139

    Fax:

    617-253-9859


For the 2013-2014 academic year

If you wish to apply for or renew your scholarship, loan and job assistance from MIT, your financial aid application is due April 15, 2013. Financial aid award decisions are sent beginning in late-June. Remember to keep copies of all your application documents. Also keep in mind that after you are awarded financial aid there are additional steps you must take before your aid is disbursed.

Late financial aid applicants may be penalized by having some MIT Scholarship eligibility replaced by additional loan or work. If you have extenuating circumstances that will delay completion of your financial aid application, please contact your financial aid counselor before April 15 to request a deadline extension.

Required Documents Instructions

Free Application for Federal Student Aid (FAFSA) *

*U.S. Citizens and Permanent Residents only

Designate MIT as one of your recipients using federal code 002178

(If you believe you will not qualify for MIT Scholarship assistance and would like to apply for federal aid only, please complete the FAFSA and email sfs@mit.edu to tell us you will not be completing the rest of the application requirements.  The email should come from the student, not from a parent.)

CSS PROFILE

Designate MIT as a recipient by using our CSS code number of 3514 and answer the CSS Supplemental Questions specific to MIT.

Non-Custodial Parent's Profile

If your parents are separated or divorced, your non-custodial parent must file this form.

Once you complete the CSS PROFILE, CSS will e-mail you application instructions, including a link to the Noncustodial Parent's PROFILE web site and login instructions, to send to your noncustodial parent.

Parents' 2012 U.S. Income Tax Returns, W-2 forms and all schedules

Canadian Citizens must submit their entire T1 General tax return and T4 statements. The "Notice of Assessment" is not sufficient data.

Submit your parents' 2012 tax returns directly to the College Board using their IDOC service. You will receive an email with a cover sheet and detailed instructions from CSS on how to submit these documents. Please allow up to 2 weeks processing time on all documents submitted to IDOC.

If your family owns a corporation or interest in a partnership, you must send the most recent corporation or partnership tax return. Please note that a K-1 is insufficient data, as the complete taxes are needed, along with a Business/Farm Supplement.

If you, your parents, or other siblings are beneficiaries of an estate or trust, submit the appropriate schedule K-1 of IRS Form 1041 or IRS Form 4970 through IDOC.

If your parents are separated or divorced, your non-custodial parent's tax returns are also required.

Important: Do not send tax documents to MIT by e-mail.  We are unable to process electronic or scanned copies of U.S. and Canadian tax forms.

CSS Business/Farm Supplement

This form is only required if your parent(s) are self-employed or own a business. This information should be submitted on the CSS Profile. If you did not complete this section on the Profile, or if you have additional businesses to submit Business/Farm Supplements for, download and submit directly to Student Financial Services.

If your business is a Schedule C entity in your home with no assets or inventory this form is not needed. However, if you own a corporation or partnership, this form is required along with the completed corporate or partnerhship returns.

 

Additional information

    If your family has special circumstances or unusual expenses, or you have any other information that will help us understand their financial situation more completely, please send us a letter detailing that information.

    Submit this letter as part of your IDOC packet.

     
Important Sites Free Application for Federal Student Aid (FAFSA)
When you complete the FAFSA online, be sure that you and your parents obtain PIN numbers to sign electronically or submit the signature page as instructed. MIT's FAFSA Code is 002178.

CSS Profile
Apply online at the College Board website. MIT's CSS code is 3514. MIT receives your profile data electronically from CSS so you do not send copies or printouts of your application to MIT.

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