Income Based Repayment (IBR) is a new repayment plan for the major types of federal loans made to students. Under IBR, your required monthly payment is capped at an amount that is intended to be affordable based on your income and family size. Read more.
Not sure if your family will qualify for financial aid? MIT SFS has developed an online calculator to help you determine how much financial aid your family may be eligible for! Click here for more information!

Adi 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.