univstats

Paying for MIT

Undergraduate$60,155
Graduate$63,393
Books & Supplies$880
On-Campus Living Costs $21,694

MIT 2024 Tuition & Fees and COA

For the academic year 2023-2024, the undergraduate tuition & fees at Massachusetts Institute of Technology is $60,155. The graduate school tuition & fees is $63,393. The Living costs besides the tuition & fees is reported as $21,694 when a student lives on campus.
Its total costs of attendance (COA) is $82,729 when a student lives on campus for the academic year 2023-2024. It includes tuition, fees, book & supplies costs, room & board, and other living expenses. The following table and chart illustrate the COA by living preferences and tuition rates.
Data source for 2024 College Cost: NCES, Last Update: March 12, 2024
MIT 2023-2024 COA
On-CampusOff-Campus
Total Costs$82,729$82,729
Tuition & Fees$60,155
Books & Supplies$880
Room & Board$19,390-
Other Expenses$2,304-
Average Financial Aid$44,422
Total Costs After Receiving Aid$38,307$38,307
***Off-campus living costs at Massachusetts Institute of Technology has not been reported. On-campus cost is used for estimation.
[Chart] 2024 Cost of Attendance

Undergraduate Tuition & Fees

For the academic year 2023-2024, the undergraduate tuition & fees is $60,155. The undergraduate tuition rates are increased by 3.74% compared to academic year 2022-2023.
2024 Undergraduate Tuition & Fees
202120222023 2024
Tuition & Fees$53,450 $55,878 $57,986 $60,155
[Chart]2024 Undergraduate Tuition & Fees

Graduate Tuition & Fees

For the academic year 2023-2024, the graduate tuition & fees is $63,393. The graduate program tuition rates are increased by 3.80% compared to academic year 2022-2023.
2024 Graduate School Tuition & Fees
202120222023 2024
Tuition & Fees$56,719 $58,967 $61,075 $63,393
[Chart] 2024 Graduate Tuition & Fees

Books & Supplies

For the academic year 2023-2024, the average costs for purchasing books and course supllies is $880. The following table and charts illustrate the changes of the books & supplies costs at Massachusetts Institute of Technology.
2024 Books & Supplies Costs
202120222023 2024
Books & Supplies $830 $840 $850 $880
[Chart] 2024 Books & Supplies Costs

Living Costs

For the academic year 2023-2024, the average costs for living costs at Massachusetts Institute of Technology is $21,694 when living on campus . The on-campus living costs are increased by 3.24% compared to academic year 2022-2023.
Living Costs
202120222023 2024
On-CampusRoom & Board $16,000$18,100$16,000$19,390
Other Expenses $2,182$2,202$2,182$2,304
[Chart] 2024 Room & Boards and other Living Costs