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Nine months tuition and fees for 2017 2018 are $49,892. In addition, undergraduate room and board is approximately $14,720 depending on the students housing and dining arrangements. Books and personal expenses are about $2,818.
Selected Undergraduate Financial Aid Statistics, 2016 2017
** Cost of attendance minus MIT scholarships averaged across all undergraduates.
Average need-based MIT scholarship $42,801
Average need-based financial aid award $49,317
Students awarded a need-based MIT scholarship 57%
Students attending tuition-free 35%
Class of 2016 graduates with no student loan debt 71%
Average student loan debt for those who borrowed $19,819
Average term-time earnings for those who worked $3,496
Doctoral Student Support, by Type and School, 2016-2017
RA FE TA Other or none
Architecture and Planning 52% 17% 19% 11%
Engineering 60% 20% 8% 11%
Humanities, Arts, and Social Sciences 26% 35% 19% 19%
Management 42% 39% 16% 4%
Science 48% 34% 15% 2%
Doctoral Total 53% 26% 12% 9%