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  1. As the steward of your registration, the Registrar’s Office assesses tuition. Some key points to remember: Payment of full tuition in the fall or spring terms also covers subjects taken for academic credit during the Independent Activities Period (IAP) in January.

  2. The annual student budget, or cost of attendance, is the total amount we estimate it will cost a student to attend MIT for one year. It includes costs that are billed by MIT, such as tuition, housing, food, and estimates for other expenses, such as books, supplies, and personal expenses.

  3. The cost of attendance for the 2023–2024 academic year is $82,730.This number is actually much lower than what it costs MIT to educate students. For more detailed information regarding the cost of attendance, including specific costs for tuition and fees, books and supplies, housing and food as well as transportation, please visit the SFS ...

  4. Students with family incomes under $ 140,000 (and typical assets) attend MIT tuition-free. For more detailed information about financial aid and the cost of attendance, visit the SFS website Massachusetts Institute of Technology

  5. The full price of an MIT education is $85,960 for the 2024–2025 academic year. However, most students pay far less than that. We offer full-need financial aid, which means we meet 100% of your demonstrated financial need for all four years of your undergraduate career.

  6. The table below reflects standard undergraduate tuition rates for the 2024-2025 academic year. Amounts are per term, unless noted. Payment of full tuition in the fall or spring terms also covers subjects offered for academic credit during the Independent Activities Period (IAP) in January.

  7. All undergraduates attend MIT at a significant discount to the true cost of an MIT education. The actual cost of an MIT education is about twice the annual tuition. Even those students who pay full tuition do not pay the total cost.

  8. Mar 17, 2023 · MIT’s undergraduate financial aid for 2023-24 will increase to an estimated $164.1 million. The increase will offset a 3.75 percent rise in tuition and changes in housing, dining, and other estimated costs. The estimated average MIT scholarship for students receiving financial aid next year is $61,247.

  9. MASSACHUSETTS INSTITUTE OF TECHNOLOGY. Cambridge, Massachusetts 02139. Registrar’s Office, 5-117 . Phone (617) 258-6406 Fax (617) 253-7459. March 30, 2022. SCHEDULE OF FEES 2022-2023. 2022 Summer Session – 2022SU. graduate students in qualifying pr. Tuition for Continuing Graduate Students: 2022SU.

  10. Mar 21, 2024 · The 2024-25 undergraduate financial aid program will continue prior enhancements, including making MIT tuition-free for families who have typical assets and whose incomes are below $140,000, and providing additional financial aid dollars that will reduce the amount paid by most families.

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