Acceptance Rate
4.11 %
2023 Tuition & Fees
$57,986
Student Population
11,934
Average Financial Aid Amount Received
$34,013
Graduation Rate
96 %
Academic Overview
The 2023 tuition & fees is $57,986 for undergraduate students. The graduate school tuition & fees is $61,075.
The school offers both undergraduate and graduate programs and a total of 11,934 students are enrolled. The acceptance rate of undergraduate school is 4.11% and the graduation rate is 96% 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
2023 Tuition & Fees
For undergraduate school, in the academic year 2022-2023, MIT's tuition & fees is $57,986. For graduate programs, its 2023 average tuition & fees is $61,075.
Data source for 2023 Tuition: NCES
| Undergraduate | $57,986 |
|---|---|
| Graduate | $61,075 |
Key Academic Statistics
The following chart illustrates the 2023 key academic statistics at MIT. The acceptance rate of MIT is 4.11% and the yield (enrollment rate) is 86.23%. The average graduation rate is 96% and no students have transferred out from the school.
The average received amount of financial aid is $34,013 and 100% of undergraduate students received grants or scholarship aid. A total of 11,934 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 4.11 %.
Acceptance Rate
4.11%
Graduation Rate for Massachusetts Institute of Technology is 96 %
Graduation Rate
96%
Retention Rate for Massachusetts Institute of Technology is 99 %
Retention Rate
99%
Student Population for Massachusetts Institute of Technology is 11,934
Student Population
11,934
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 $34,013 at Massachusetts Institute of Technology.
Financial Aid Amount
$34,013
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/student/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 Degree | 39 | 0 |
| Master's Degree | 41 | 0 |
| Doctor's degree - research/scholarship | 37 | 0 |
Special Learning Opportunities
Massachusetts Institute of Technology offers online education (distance learning opportunities) for graduate programs. The school provides 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:6,280) |
| Board/Meal Plan | ✔ (Typical Annual Charge: $6,550) |
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 | ✔ |
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