Graduate students who are U.S. citizens and permanent residents are eligible for all education loan programs. International students may borrow from private sources through the private loan programs MIT offers, but not from federal programs.
Because these loans are based on financial need, you must file a financial aid application to be considered.
You have to apply for these loans, but there are no financial need guidelines to qualify.
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
Online counseling via WebSIS is required for all first-time borrowers of Federal Direct Loans, Federal Perkins Loans and MIT Technology Loans.
Campus Partners handles billing and payment for Federal Perkins Loans and MIT Technology Loans.
StudentLoans.gov handles billing and payment for Federal Direct Loans and Graduate PLUS Loans.
Loan payment calculator
Estimate your loan payments.