MIT Student Financial Services Scholarships, grants and fellowships

Scholarships and grants

Scholarships, grants and fellowships are types of funding you receive for your education that you don’t have to pay back. The main differences lie in the criteria used to award this gift aid and which students are eligible to receive them. In general, scholarships and fellowships are awarded based on academic merit and grants on financial need. Scholarships are awarded to undergraduate and graduate students, grants are awarded primarily to undergraduates, and fellowships primarily to graduate students. The most important thing for you to know about gift aid is how to apply for it.  

Undergraduates

You’re automatically considered for MIT scholarships and federal grants when you apply for MIT undergraduate financial aid. You have to apply separately for state grants and scholarships and outside or private scholarships. Click on a link below for more information.

Graduate students

For graduate students, a fellowship or traineeship is an award that covers full or partial tuition, and also provides a stipend to help defray living expenses. A scholarship covers full or partial tuition only. Although most graduate scholarships and fellowships are made on the basis of academic merit, financial need is a factor in some instances.

MIT receives funds from individual donors and corporations for fellowships and scholarships.  In addition, government agencies and foundations offer fellowships that they award either directly to outstanding students for use at institutions of their choice or, in a few cases, to institutions to administer on behalf of students.

If you’re an applicant to MIT graduate programs seeking financial support from any of the fellowships, traineeships, or scholarships administered by MIT, included those granted by national agencies and foundation, you just check the appropriate items on the regular Graduate Application for Admission and Financial Aid.  If you’re admitted to an advanced degree program, you are automatically considered for any awards for which you are eligible.

If you are a currently enrolled graduate student seeking financial support you should consult with the appropriate department.

The MIT Graduate Students Office (GSO) is the best source of information about appointments to the research or teaching staffs, internal and external fellowships, study-abroad grants, and employment as a graduate resident tutor.

If you’re a U.S. citizen, another useful source of information on external graduate scholarships and fellowships is Students.gov.

Other MIT offices

These MIT offices are resources for scholarships, grants, and fellowships for all students, although they’re primarily targeted to those already enrolled at MIT.

Offices for study-abroad funding:

Room 11-320
617-253-4971 (phone)
617-253-9859 (fax)
finaid@mit.edu

Monday, Tuesday, Thursday, Friday –
9 a.m. to 5 p.m.
Wednesday – 10 a.m. to 5 p.m.

SFS NewsDates & Deadlines
 

Stay Tuned

Medical Insurance Waiver

The MIT Student Extended Insurance Plan waiver deadline is Sept. 30, 2009. Click here for more information.

SFS Elevator Maintenance

From June 29 to September 11, 2009 the Bldg 11 elevator will be out of service. Families and students can access the Financial Aid & Student Employment Office on the 3rd floor via stairwells. To accommodate those that are unable to use stairs, we will have an office on the first floor available. Please inquire at the front desk in the SSC if you require these accommodations. We apologize for the inconvenience this may cause.

MIT Financial Aid Calculator

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!

MIT Re-states its Commitment to Financal Aid

With the daily volatility in the marketplace and growing uncertainty about the effects of the credit crisis on the economy, it is important to restate MIT's bedrock commitment to meeting the financial need of our undergraduate students. This fundamental principle of our financial aid policy remains unchanged. (read more)

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