Undergraduates with family income below $200,000 can expect to attend MIT tuition-free starting in 2025
Newly expanded financial aid will cover tuition costs for admitted students from 80 percent of U.S. families.
MIT announces financial aid and tuition rates for the 2024–25 academic year
Financial aid increased, more than offsetting a 3.75 percent increase in tuition.
MIT announces financial aid and tuition rates for the 2023–24 academic year
Financial aid support remains strong, offsetting a 3.75 percent rise in tuition, and changes to housing, dining, and other costs.
MIT brings Campaign for a Better World to a successful finish
The effort raised more than $6 billion to spark innovation on global challenges.
MIT keeps a firm commitment to undergraduate student support for 2021-2022
Financial aid will remain robust and, after being held flat last year in response to the Covid-19 pandemic, tuition and fees will increase by 3.85 percent.
MIT announces plans for fall 2020 semester
Extensive safety protocols will undergird the return of additional students and staff to campus.
MIT continues its commitment to undergraduate student support
Financial aid will increase 7.8 percent for 2020-2021, offsetting a 3.8 percent rise in tuition and fees.
Scholarships help build an exceptional student body
A record $38 million has been raised for undergraduate financial aid in FY19.
Undergraduate financial aid remains strong
Reflecting the Institute's commitment to student support, aid will increase 4.9 percent for 2019-2020, offsetting a 3.75 percent rise in tuition and fees.
Undergraduate financial aid boosted for 2018-19
Financial aid increase of 9.6 percent to offset 3.9 percent rise in tuition and fees.
Financial aid gains to offset tuition increase for 2017-18
Tuition and fees increase of 3 percent is the smallest percentage rise since 1970.
Increase of 10.4 percent in financial aid will benefit a wide range of MIT families
Substantial rise will benefit students and families across the economic spectrum.
MIT to allocate record $103.4 million next year to ensure affordability
Undergraduate financial aid budget to grow 8.8 percent; tuition and fees will rise 3.75 percent.
Undergraduate tuition and fees to rise 3.5 percent next year
Increase to be offset by $95 million in financial-aid expenditures.