Enrolled undergraduates –
U.S. citizens and permanent residents

For 2009-2010 enrollment

If you wish to apply for or renew your scholarship, loan and job assistance from MIT, your financial aid application is due April 15, 2009. Financial aid award decisions are sent beginning in late-June. You can track the status of your financial aid application by checking WebSIS. 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. Those steps are outlined in finalizing undergraduate awards.

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.

Free Application for Federal Student Aid (FAFSA)

As soon as possible after January 1, 2009, complete the 2009-2010 FAFSA online at www.fafsa.ed.gov.

Designate MIT as one of your recipients by using “Massachusetts Institute of Technology, Cambridge, MA 02139.” Our federal code number is 002178.

CSS Financial Aid / PROFILE Application

Complete the 2009-2010 CSS Financial Aid / PROFILE online at profileonline.collegeboard.com.

Answer the Supplemental Questions specific to MIT.

Designate MIT as a recipient by using our CSS code number of 3514.

Separated or divorced parents

If your parents are separated or divorced, you have an additional application requirement, because we ask that both your parents provide financial information so we can determine your family contribution using information from each of them.

The parent with whom you live (the custodial parent) completes the FAFSA and PROFILE.

Your other parent (the noncustodial parent) completes the Noncustodial Parent’s PROFILE.

The College Board 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. You will receive this e-mail after you complete the PROFILE indicating your parents are separated or divorced.

Both your custodial and noncustodial parent must submit federal income tax returns and, if necessary, a CSS Business/Farm Supplement as explained in the following sections.

If you believe that there are exceptional circumstances that make it difficult for your noncustodial parent to submit financial information, please contact your financial aid counselor.

Parents’ federal income tax return (including all schedules and W-2s)

Once you file your CSS PROFILE form, the College Board’s Institutional Documentation Service (IDOC) will send you instructions for submitting your parents’ 2008 federal tax returns and other supplemental forms that may be required.

Everything you submit to IDOC should be sent as one packet.

Send a signed and dated copy of all pages and schedules of your parents’ 2008 federal income tax return, including copies of all W-2s, through IDOC no later than April 15, 2009.

If your parents’ 2008 federal income return is not available by our April 15, 2009 financial aid deadline, please contact your financial aid counselor to discuss options for an extension of your deadline.

If your family owns an interest in a business corporation, submit a copy of the corporate tax return and a copy of your parents’ statement of “Shareholder’s Share of Income, Credits, Deductions, Etc.” (IRS Form 1120S and Schedule K-1) through IDOC.

If your family has income from a partnership, submit a copy of the partnership tax return and a copy of your parents’ statement of “Partner Share of Income, Credits, Deductions, Etc.”(IRS Form 1165 and Schedule K-1) through IDOC.

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.

CSS Business/Farm Supplement

If either of your parents is self-employed or owns any part of a business or farm, s/he must complete a CSS Business/Farm Supplement for each business or farm in which any interest is held.

Send the completed CSS Business/Farm Supplement through IDOC along with your parents’ federal income tax return.

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.