Overview
The Massachusetts Institute of Technology, more commonly referred to as MIT, is a private research university that focuses on scientific and technological research. Located on 166 acres of land in Cambridge, MA, MIT maintains five schools hosting 30 departments, as well as dozens of makerspaces, a wind tunnel, a glass lab, a research nuclear reactor, and more. Home to an array of research centers, such as the Koch Institute of Integrative Cancer Research and MIT Media Center, more than 85% of undergraduates participate in research initiatives. Students can also take advantage of MIT’s virtual experiential learning programs, such as collaborating with people around the world to tackle global poverty through D-Lab. MIT offers living-learning communities, gender-inclusive housing, Greek life, and more on campus, which features more than 3,500 works of contemporary art.
Acceptance Rate:
5%
Average Net Price:
$19,998
Campus Setting:
Small city
Average GPA
4.0
Average ACT Composite
36
Average SAT Composite
1547
Tuition, Cost & Aid
Affordability & Cost
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $62,396 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $62,396 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $20,280 |
| Books and Supplies | $910 |
Average Net Price By Family Income
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
100%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
19%
Average Aid Per Year
$58,331
19%
Average Federal Grant Aid Per Year
$8,846
Average Institution Grant Aid Per Year
$55,983
Students receiving state aid Students receiving federal aid
2%
Average State Grant Aid Per Year
$2242
18%
Average Federal Grant Aid Per Year
$8,846
Average Grant & Scholarship By Family Income
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$166,051,344
Total Non-Need-Based Scholarships/Grants
$2,544,950
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
8%
Average Loan Amount Per Year
$12,071
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$10,728
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$119
Students receiving federal loans
7%
Average Federal Loans Per Year
$5,206
Average Other Loans Per Year
$27,203
Admissions
Key Admissions Stats
Institution Type
Private
- Not for Profit
- Coed
Need Blind
This school does not consider an applicant’s financial situation when deciding admission
Level of Institution
4 Year
Campus Setting
Small city
26904
Students Applied
4%
Transfer Acceptance Rate
19
Transfer Students Admitted
Admissions Requirements
SAT
Yes
ACT
Yes
Transcript
Yes
Test Optional
Yes
SAT Subject Tests
Yes
AP Course Credit
Yes
Dual Enrollment
No
Important Deadlines
| Application Type | Application Deadline | Reply Deadline |
|---|---|---|
| Early Action Acceptance is not binding, but student will receive admissions decision earlier. | November 1 | |
| Fall Regular Decision | January 1 | May 1 |
Application Fee
$75
Fee waivers availableApplications Accepted
Admitted Student Stats
31%
Submitting ACT
83%
Submitting SAT
Average ACT Composite: 36
Average SAT Composite: 1547
SAT Percentiles
Math
Reading
4.0
Average GPA
Students Enrolled By Class Rank
Admissions Resources
For International Student Services: visit page
For Students with Disabilities: visit page
For Veteran Services: visit page
Academics
Key Academic Stats
Highest Degree Offered
Doctorate
Total Number of Students
11,920
Total Number of Undergrads
4,576
0
100
88%
Graduate in 4 Years US National: 28%
0
100
96%
Graduate in 6 Years US National: 52%
Student:Faculty Ratio
3:1
US National: 21:1Non Traditional Learning
- Online Classes
- Summer Sessions
- Combined Institution Double Degree Programs
Learning Options
- ROTC Army
- ROTC Air Force
- Study Abroad
- Teacher Certification Offered
Classroom Sizes
Degrees and Majors
MAJORS
53
Faculty Overview
0
100
88%
Faculty With Terminal Degree US National: 36%
Gender
Ethnicity
Campus Life
Key Campus Stats
Student Gender
Residency
Size of Town
Small city
US States Represented
54
Countries Represented
107
Ethnicity
Percent of First Generation Students
26%
Student Organizations
450
LGBTQIA Student Resource Groups
Yes
On Campus Women's Center
No
Cultural Student Resource Groups
Yes
Housing
0
100
92%
Undergrads Living on Campus
On-campus living required of freshman
Yes
Disability Housing Available
Yes
0
100
93%
Freshman Living on Campus
Athletics
Divisional Sports Nickname
Engineers
School Colors
cardinal red and silver gray
Varsity Athletics Association
NCAA
Varsity Athletics Conference Primary
New England Women's & Men's Athletic Conference
Total Male Athletes
369
Total Female Athletes
293
Intramural Sports
20
Sports Club
9
Sports Team (Men)
- Baseball
- Basketball
- Crew-Rowing
- Fencing
- Football
- Golf
- Ice Hockey
- Rifle
- Soccer
- Swimming
- Tennis
- Track and Field
- Volleyball
- Water Polo
- Squash
- Sailing
Sports Team (Women)
- Basketball
- Crew-Rowing
- Field Hockey
- Lacrosse
- Rifle
- Soccer
- Swimming
- Tennis
- Track and Field
- Volleyball
Massachusetts Institute of Technology Athletics: visit page
Campus Safety
24-HR security patrol
Yes
Campus emergency phones
Yes
24-HR escort safety rides
Yes
Mobile campus emergency alert
Yes
After Graduation
Post Grad Stats
Average Salary
6 years after graduation
$153,600
Top 5 Cities
Boston
San Francisco
New York
Washington
Los Angeles
Top 5 Employers
MIT
Google
Apple
Microsoft
IBM
Top 5 Sectors
Business Development
Engineering
Education
Research
Information Technology
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$10,728
Loan Default Rate
1%
National: 8%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$119
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