MIT Student Financial Services Scholarships, grants and fellowships

Federal grants for undergraduates

MIT administers four federal grant programs you’ll automatically be considered for when you apply for financial aid each year. If you’re eligible, we include these federal grants in your aid package. 

Pell Grant
– A grant from $400 to $5,550 per year to undergraduates with the greatest financial need.

Federal Supplemental Educational Opportunity Award (Federal SEOG)
– A grant of up to $4,000 per year to undergraduates with the greatest financial need.

Since we administer the Federal SEOG program and choose the recipients, we don’t reward you by reducing your self-help; the Federal SEOG reduces your MIT scholarship.

Scholarship Spotlight

The Astronaut Scholarship Foundation was created to ensure that the United States would maintain its leadership in science and technology by supporting promising students in science and engineering. In order to be eligible for the $10,000 scholarhship, candidates must meet the following qualifications:

  • Scholarship candidates must be nominated by a faculty member. Students may not directly apply for the scholarship.
  • Scholarship nominees must be U.S. citizens.
  • Scholarship nominees must be engineering or natural or applied science (e.g. astronomy, biology, chemistry, physics, earth science, computer science) or mathematics students with intentions to pursue research or advance their field upon completion of their final degrees. Students intending to pursue a practice in professional medicine are not eligible for the scholarship. However, those intending to perform biomedical research are eligible.
  • At the time of nomination, scholarship candidates must be at least second year (sophomore) college students, have excellent grades, and have participated in lab and research work in their field. With this background, the student is fairly well committed to continuing on this course.


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