MIT/Financial Aid

How financial aid works

For undergraduates, we meet your full demonstrated financial need for all four of your undergraduate years. About 90% of our undergrads receive some type of financial aid, including scholarships, loans and jobs. All you need to do is apply. 

Many graduate students are eligible to receive one or more forms of financial assistance. These may include research or teaching appointments, employment as a resident tutor, loans, or selection as a recipient of one of various internally funded competitive fellowships.