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Search Massachusetts Institute of Technology's website

Cost of Attendance

Tuition$36,140
Room & Board (On Campus)$10,860
Required Fees$250
Books & Supplies$1,150
Total Cost$48,400

Financial Aid (2006-2007)

Needs Analysis Methodology: Institutional
Undergrads who received merit-based aid: —
Average amount: $0
Determined to have financial need: 62%
Required financial aid forms:
FAFSA
CSS/Financial Aid PROFILE
Noncustodial PROFILE
Business/Farm Supplement
Parent's complete federal income tax returns form prior year and W2s

Need-Based Aid

Full-time students with financial need who received:
Percent Average
Amount
Any financial aid: 100% $29,116
Need-based scholarship/grant: 97% $27,391
Need-based loans or work-study aid: 86% $3,667
Need fully met: 100%

Available Financial Aid

Loans
Federal Direct Student Loan Program (Direct Loan):
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
Federal Family Education Loan Program (FFEL):
FFEL Subsidized Stafford Loans
FFEL Unsubsidized Stafford Loans
FFEL PLUS Loans
Federal Perkins Loans
Federal Nursing Loans
State Loans
Loans from school's funds



Financial Calculators

Looking for help understanding the financial realities of college? Our calculators can shed some light on your education finance questions.