Acceptance Rate
3.96 %
SAT Average
1,560
Tuition & Fees
$60,156
Student Population
11,858
Average Financial Aid Amount Received
$44,422
Academic Overview
Massachusetts Institute of Technology is a private (not-for-profit), four-years institute located in Cambridge, Massachusetts. It is a Research University (very high research activity) by Carnegie Classification and its highest degree is Doctor's degree - research/scholarship.
The 2024 tuition & fees is $60,156 for undergraduate students. The graduate school tuition & fees is $63,393.
The school offers both undergraduate and graduate programs and a total of 11,858 students are enrolled. The acceptance rate of undergraduate school is 3.96% and the graduation rate is 94% last year.
The salary after graduation from Massachusetts Institute of Technology varies by major programs where the average earning after 10 years is $153,600. You can check the average salary by the major programs on the area of study page.
Explore Massachusetts Institute of Technology
2024 Tuition & Fees
For undergraduate school, in the academic year 2023-2024, MIT's tuition & fees is $60,156. For graduate programs, its 2024 average tuition & fees is $63,393.
Data source for 2024 Tuition: NCES, Last Update: March 12, 2024
Undergraduate | $60,156 |
---|---|
Graduate | $63,393 |
Key Academic Statistics
The following chart illustrates the 2024 key academic statistics at MIT. The acceptance rate of MIT is 3.96% and the yield (enrollment rate) is 84.97%. The average graduation rate is 94% and no students have transferred out from the school.
The average received amount of financial aid is $44,422 and 77% of undergraduate students received grants or scholarship aid. A total of 11,858 students is attending including both undergraduate and graduate students, and the student to faculty ratio is 3 to 1.
Acceptance Rate for Massachusetts Institute of Technology is 3.96 %.
Acceptance Rate
3.96%
Graduation Rate for Massachusetts Institute of Technology is 94 %
Graduation Rate
94%
Retention Rate for Massachusetts Institute of Technology is 99 %
Retention Rate
99%
Student Population for Massachusetts Institute of Technology is 11,858
Student Population
11,858
Student to Faculty Ratio for Massachusetts Institute of Technology is 3 to 1
Student to Faculty Ratio
3 to 1
The average received amount of financial aid is $44,422 at Massachusetts Institute of Technology.
Financial Aid Amount
$44,422
Directory Information
Address | 77 Massachusetts Avenue, Cambridge, MA 02139-4307 |
---|---|
Phone | 617-253-1000 |
WEB | web.mit.edu/ |
Admission | https://mitadmissions.org/ |
Online Application | my.mit.edu/ |
Financial Aid | https://sfs.mit.edu/ |
Net Price Calculator | https://npc.collegeboard.org/app/mit |
Veterans Tuition | https://sfs.mit.edu/undergraduate-students/veterans-benefits/what-we-do/ |
Disability Service | studentlife.mit.edu/das |
Offered Degrees
MIT offers 117 major programs on-site (in-person class) only. The following table lists the number of programs by offered degree with online class availabilities.
Award Level | Total Number of Programs | Available Online Class |
---|---|---|
Bachelor's | 39 | 0 |
Master's | 41 | 0 |
Doctorate (Research) | 37 | 0 |
Special Learning Opportunities
Massachusetts Institute of Technology offers online education (distance learning opportunities) for graduate programs.
The school has ROTC, teacher certification and study abroad - opportunity which a student completes part of the college program studying in another country programs to its students.
Online Class | Graduate |
---|---|
ROTC | Army, NAVY, Air Force |
Weekend/Evening College | ✗ |
Teacher Certification | ✔ |
Study Abroad | ✔ |
Campus Housing | ✔ (Dormitory Capacity:8,000) |
Board/Meal Plan | ✔ (Typical Annual Charge: $6,810) |
Veterans Benefits
Massachusetts Institute of Technology has programs, benefits and/or services to veterans, military service members, or their families.
Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program) | ✔ |
---|---|
Credit for military training | ✔ |
Dedicated point of contact for support services for veterans, military service members, and their families | ✔ |
Recognized student veteran organization | ✔ |
Member of Servicemembers Opportunity Colleges | ✔ |
Know about Massachusetts Colleges
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- Which colleges are Member of Servicemembers Opportunity Colleges in Massachusetts?
- Which colleges accept Dual Credit in Massachusetts?