Massachusetts Institute of Technology

Cambridge, MA, USA

Tuition, Cost & Financial Aid

Affordability and Cost

Average Net Price
$22,230
Calculate your net cost
Tuition
In-State Tuition
$53,790
Out-of-State Tuition
$53,790
Additional Costs
Room and Board
$16,390
Books and Supplies
$820

Financial Stats

0
100
100%
Need Met
Students Receiving Financial Aid
58%
Average Aid Per Year
$43,248
% Students Receiving Grants
58%
Total Needs Based Scholarships/Grants
$130,225,282
Students Borrowing Loans
16%
Average Loan Amount Per Year
$7,530
Loan Default Rate
1%
US National: 7%
Average Debt at Graduation
$17,125
Median Monthly Loan Payment
$182

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