MIT Tuition & Fees for 2018-2019 Academic Year: How US Students Can Apply for Financial Aid?

Massachusetts Institute of Technology has revealed the tuition and fees information for the 2018-2019 academic year. In the event of full tuition payment in Fall/Spring terms, the subjects taken for academic credit during the January Independent Activities Period (IAP) will also be covered.

 

MIT application and registration procedures require the coverage of multiple Miscellaneous Fees. Prospective students interested in getting more information about tuition rates and pro-ration, should contact Peter Hayes, Associate Registrar. Contact your Student Financial Services Counselor for Customer Service in case assistance with your MITPAY Student Account is needed.

 

MIT Tuition Rates for 2018-2019 Academic Year

 

 

Summer Term

Fall/Spring Term

Full Tuition (Undergraduate and Graduate students)

$17,155

$25,760

Per Unit Charge

$540

$800

Pro-rated Tuition

(for graduates who complete their thesis early and to any students who withdraw during a term)

Summer 2018

Fall 2018

Spring 2019

Minimum Charge, Undergraduate

(covers up to 6 units of registration, see Light Load Tuition information)

$3,120

$4,800

Minimum Charge, Undergraduate when registered for SB Thesis Only

(see Light Load Tuition information)

$1,620

(covers 3 units of registration)

$1,600

(covers 2 units of registration)

Off-campus internship tuition (35% maximum tuition charge for programs approved by the Provost)

$2,160

$9,015

Non-resident doctoral candidate - First three semesters

N/A

$1,290

Non-resident doctoral candidate - Fourth and subsequent semesters

N/A

$3,865

Non-Institute Visiting Students

N/A

Fall - $1,500

Spring - $1,200

Center for Real Estate - SM Program

$18,867

$28,301

System Design and Management and Integrated Design and Management Programs

Consult Program Office

Supply Chain Management: Master's Program in Logistics

$74,200 (academic year)

Supply Chain Management: Five-month Blended Program

N/A

$44,520

 

How To Apply for Financial Aid at MIT?

 

MIT SFS Services portal contains all necessary information about financial aid options for US students. The following types of aid are available:

About 56% of undergraduate applicants receive MIT scholarships that average $38,871 per student. MIT undergraduates can apply for need-based scholarships and grants from MIT as well as those provided by the federal and state governments. Also, they are eligible for need-based or merit-based scholarships and grants provided by private sources. Need-based MIT scholarships do not require repayment. Check the Financial Aid section to learn more about application deadlines.

 

See Also:

 

BEST Loan Forgiveness Programs for US Teachers: How to Apply. Part 2. (INFOGRAPHICS)

 

BEST Loan Forgiveness Programs for US Teachers: How to Apply. Part 1. (INFOGRAPHICS)

 

How to Become One of 20,000 Students to Get $1.6B Gates Millenium Scholarship and Earn a Degree?