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Massachusetts Institute of Technology

77 Massachusetts Avenue 
Cambridge MA 02139 

(617) 253-1000


Estimated Cost

  • Tuition & Fees $37,782
  • Room & Board$11,360
  • Books & Supplies$1,150
  • Average Cost Per Credit HourN/A

Estimated Financial Aid

  • Percentage of Students
    Receiving Any Financial Aid
    100%
  • Average Financial Aid Package$32,129
  • Average Indebtedness at Graduation$14,148
  •   Percentage
    of Students Receiving Financial Aid
    Average Financial
    Aid Amount
    per Student

  • Federal Grants22%$6,843
  • Pell Grants14%$3,056
  • Other Federal Grants22%$4,964
  • State & Local Grants2%$2,446
  • Institutional Grants58%$26,716
  • Federal Loans42%$3,318
  • Non-Federal Loans11%$5,235

Sources: Google Maps, The National Center for Education Statistics (NCES), Wikipedia, Yahoo! Answers

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Disclosure: Not all programs are accelerated, available in all locations, or in both online and on-campus formats. The transferability of credits is subject to each school's transfer credit policy. Financial aid including grants, scholarships and loans may be available to those who qualify. Program lengths and outcomes vary according to each institution's specific curriculum and employment opportunities are not guaranteed. CompareTopSchools is a consumer information site that offers free ratings and recommendations of colleges and universities. We are an advertising-supported service and receive compensation from many of the schools that appear on our site. Compensation may impact which schools we rate and recommend and where those schools appear. CompareTopSchools takes into consideration several proprietary rules to determine how and where schools appear on our website. All opinions expressed on this site are our own, including, without limitation, our designation of a particular institution as being a "top" school.