MIT / Financial aid
Paying for MIT
The sticker price is rarely what families pay. Here is what MIT actually costs after aid, broken down by income, with the real numbers and a calculator for your situation.
Estimate your cost
An estimate from published averages, not an offer. Always run MIT's official net price calculator and file the FAFSA/CSS Profile for your real number.
Average net price by family income
The full cost
MIT cost & aid FAQ
How much does MIT cost after financial aid?
The average family pays about $20,100 per year at MIT after grants and scholarships, against a sticker price of $85,960. Use the calculator to estimate your own net price by family income.
What does MIT cost by family income?
At MIT, the average total net price (tuition, room, board and fees, after aid) is about $4,000 per year for families earning under $30,000 and about $35,000 for families earning over $110,000. Net price rises with income because most aid is need-based.
Does MIT offer free tuition?
Yes. MIT waives tuition for families earning under $200,000 a year. That covers tuition itself; room, board and fees may still apply, so the total cost can be above zero.
Does MIT give financial aid to international students?
Need-blind for international students, meets full need. International applicants should confirm aid policies directly with MIT's financial aid office.
Does MIT meet full financial need?
Meets 100% of demonstrated need. Meeting need means the school aims to cover the gap between its cost and what your family can pay, as determined by the FAFSA and CSS Profile.
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