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- For the academic year 2023-2024, the undergraduate tuition & fees at Massachusetts Institute of Technology is $60,155. The graduate school tuition & fees is $63,393. The Living costs besides the tuition & fees is reported as $21,694 when a student lives on campus.
www.univstats.com/colleges/massachusetts-institute-of-technology/cost-of-attendance/
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What is MIT's annual student budget?
How are tuition rates determined?
How much does MIT cost?
Will MIT increase tuition?
Tuition for the upcoming academic year is announced in March by the MIT Corporation and based on a recommendation from Academic Council. Your tuition depends on your registration load. 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 ...
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.
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.
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.
Mar 21, 2024 · MIT’s commitment to undergraduate financial aid will remain strong for the 2024-25 academic year, increasing to an estimated budget of $167.3 million. The increase will more than offset a 3.75 percent percent rise in tuition, to $61,990 ($62,396 including fees), and other living expense increases.
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.
Tuition rates are set by the Academic Council each year in spring for the following academic year. The annual cost of attendance is the total amount we estimate it will cost a student to attend MIT for one year. We use this budget to determine financial aid for every student.
