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Massachusetts Institute of Technology | MIT

Cambridge, MassachusettsPrivate

What are Massachusetts Institute of Technology | MIT’s Tuition and Fees?

What does it cost to attend Massachusetts Institute of Technology | MIT? Below we’ve mapped out the tuition, fees, and room and board that will help you understand how much you will pay for Massachusetts Institute of Technology | MIT. We’ve also included financial aid information to help you pay for college. If you’d like to get a personal estimated cost of attendance based on your situation, use our free cost calculator.

Your estimated net cost
$ ? / year
In-state
$82,730
Out-of-state
$82,730

What does it cost to attend Massachusetts Institute of Technology | MIT?

Net Price Breakdown

The Net Price is the estimated cost after the average aid amount is applied to the total amount.

Published costs and averages can be misleading: they don’t fully account for your family’s finances (for financial aid) or your academic profile (for scholarships).

Want to see your personalized net cost after financial aid and scholarships?

Sticker Price Breakdown

The sticker price is the advertised price of the school. You may not have to pay the full sticker price if you get financial aid or scholarships.

Type
Annual Cost
In-state tuition
$59,750

In-state fees
$406

Out-of-state tuition
$59,750

Out-of-state fees
$406

Room and board
$22,574

Grants

Grants can be given out by the federal government, your state, or the college and are based on your financial need. Grants do not need to be repaid.

% of undergraduates that receive Pell grants
18%

Merit scholarships

Scholarships are awarded based on your your financial need or academic achievements. They do not need to be repaid but you may have to reapply for them each year.

Student loans

Student loans are sums of money given to students to help them pay for college now. You must pay this money back later with interest.

% of full-time first-time undergraduates awarded federal student loans
6%
Avg. amount of federal student loans awarded to full-time first-time undergrads
$5,284

Work-study

Work-study is when you work during the school year, typically an on-campus job. The money you make pays a part of the tuition. It’s a great opportunity, but it’s not free.

open_in_newLearn more about how it works and what types of jobs are available