What Is the Total Cost of Attendance at Massachusetts Institute of Technology?

The total cost of attendance at Massachusetts Institute of Technology is approximately $79,850 per year, including tuition, fees, room and board, books, and personal expenses. This represents the sticker price before financial aid. The average student pays about $31,000 after aid.

What Financial Aid Is Available at Massachusetts Institute of Technology?

Massachusetts Institute of Technology offers generous need-based financial aid and evaluates applicants without considering their financial need. Many students receive grants, scholarships, and work-study opportunities that significantly reduce costs.

How Do I Apply for Financial Aid at Massachusetts Institute of Technology?

To apply for financial aid at Massachusetts Institute of Technology, students typically submit the FAFSA and may also need the CSS Profile or institutional financial aid forms depending on program requirements.

What Is the Average Student Debt at Massachusetts Institute of Technology?

Graduates of Massachusetts Institute of Technology typically leave with about $26,522 in student debt, although actual borrowing varies depending on financial aid packages and individual circumstances.

Massachusetts Institute of Technology

Cambridge, Massachusetts

Overview AdmissionRequirements Costof attendance

Total Tuition Cost$55,510

Avg. Cost after Aid$31,000

Annual cost$79,850

Average aid package$64,857

Percent receiving Aid56%

Massachusetts Institute of Technology Cost: What you'll actually pay

What you'll actually pay at Massachusetts Institute of Technology

Massachusetts Institute of Technology cost varies widely based on your family's income. Sticker price sits around $79,850 per year including tuition, housing, and fees, but most students pay far less. About 56% of undergrads receive need-based aid, and families earning under $30,000 typically pay -$4,129. Kollegio shows you personalized estimates so you can plan with confidence, not guesswork.

See your real cost in minutes

Stop wondering if Massachusetts Institute of Technology fits your budget. Use Kollegio's tools to estimate your net price based on your profile, explore scholarship matches, and compare aid packages across schools. Get clarity on what Massachusetts Institute of Technology cost looks like for students like you, without the overwhelm.

See your real cost in minutes

Breaking down the full cost of attendance

Tuition and fees

Massachusetts Institute of Technology's tuition is $55,510 annually, plus approximately $368 in fees. While the sticker price is the same for all students, financial aid packages vary based on demonstrated need.

Room and board

Housing and meal plans at Massachusetts Institute of Technology total approximately $18,100 per year. Off-campus costs vary by location, but many students find on-campus living simplifies budgeting.

Books, supplies, and personal costs

Budget approximately $880 annually for textbooks, course materials, and personal expenses. Many students reduce these costs by buying used books, using library resources, or sharing materials. Kollegio's scholarship finder can help offset these extras.

Additional costs to plan for

Cost Insights

Tuition$55,510

Fees$368

Room & Board$18,100

Books & Supplies$880

Personal/OtherN/A

Total Cost of attendance$74,858

How to make Massachusetts Institute of Technology affordable

External Scholarships

External scholarships from private organizations, community foundations, and employers can supplement Massachusetts Institute of Technology's aid package. Kollegio's scholarship finder matches you with opportunities tailored to your background, interests, and academic profile. Students often secure thousands in additional funding by applying strategically.

Work-Study and Campus Employment

Massachusetts Institute of Technology offers federal work-study and campus employment opportunities, letting students earn 3011 annually. Jobs range from library positions to research assistant roles, and many connect directly to your academic interests.

Find Scholarships That Fit

Return on Investment: Outcomes and Value

Alumni starting salary

$103.0K

Debt at graduation

$26.5K

Graduation rate

96.2%

Graduate earnings

Graduates of Massachusetts Institute of Technology earn a median salary of $102,988 within 6 years of graduation.

Graduation rate and time to degree

Massachusetts Institute of Technology's graduation rate is 96.2%, meaning excellent. Graduating on time avoids extra tuition costs and gets you into the workforce sooner.

Student debt at graduation

Student debt varies based on your financial aid package and family contribution. Use Kollegio's tools to estimate your potential costs and find scholarships to reduce borrowing.

How Kollegio helps you pay less

Scholarship finder tailored to you

Kollegio matches you with scholarships based on your background, interests, and academic profile. These aren't generic lists—they're opportunities that fit your situation. Students using the tool often find thousands in external aid that reduces their out-of-pocket costs at Massachusetts Institute of Technology.

Track deadlines and aid applications

Never miss a FAFSA deadline or scholarship due date. Kollegio organizes your financial aid timeline in one dashboard, sending reminders so you submit everything on time and maximize your aid eligibility.

Massachusetts Institute of Technology Cost: Your Questions Answered

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