MIT Student Financial Services Loans

MIT's Code of Conduct regarding private lending and Student choice

As a responsible partner in processing and certifying of Title IV and private loans for MIT students and parents, the staff of Student Financial Services abides by the following code of conduct.  Above all else, MIT prides itself on openness and transparency; we also hold dear the freedom of student choice.

  • MIT bans any revenue-sharing arrangements with any lender, whether for institutional or personal gain.
  • MIT does not allow any officer or person involved with student loans to either solicit or accept gifts from a lender, guarantor or servicer of student loans where that gift has more than a de minimis value.
  • MIT does not allow its financial aid staff or anyone in a position of having influence over student loan decisions to consult with lenders for a financial benefit.
  • MIT will not assign a borrower's loan to a particular lender or refuse to certify any loan based on a borrower’s selection of a lender.
  • MIT will not request or accept any offer for student loan funds in exchange for: (1) a specified number of loans made or (2) a specific loan volume.
  • MIT will not accept any offer from any lender to provide call center staffing or financial aid office assistance.
  • Members of the Student Financial Services staff at MIT will not accept anything of value for serving on an advisory board, commission, or group established by a lender, guarantor, or group of lenders.
Important Sites

Loan exit counseling
If you borrowed a Federal Direct Stafford Loan, Federal Perkins Loan or Federal Direct Graduate PLUS Loan, you are required by federal law and MIT policy complete an exit interview online before graduation. If you borrowed an MIT Technology Loan, contact your loan counselor to schedule an exit interview. Required reading: the SFS loan exit counseling guide.

Loan entrance counseling
For Federal Direct Loans visit to complete loan entrance counseling and sign a master promissory note. For Federal Perkins Loans visit iPROMise to complete loan counseling and sign a master promissory note.

Campus Partners
Campus Partners handles billing and payment for Federal Perkins Loans and MIT Technology Loans. handles billing and payment for Federal Direct Loans and Graduate PLUS Loans.

Loan payment calculator

Estimate your loan payments.

Compare loans

These two printable charts can help you compare loans available to undergraduates and their families, and loans available to graduate students.

View Undergraduate loans

View Graduate loans