Massachusetts Institute of Technology

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

Massachusetts Institute of Technology Campus, Cambridge, MA
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 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.

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
2023 Tuition & Fees
[Chart] 2022-2023 Tuition & Fees

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
Graduation Rate for Massachusetts Institute of Technology is 96 %
Graduation Rate
Retention Rate for Massachusetts Institute of Technology is 99 %
Retention Rate
Student Population for Massachusetts Institute of Technology is 11,934
Student Population
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

Directory Information

Directory Information
Address77 Massachusetts Avenue, Cambridge, MA 02139-4307
Online Applicationmy.mit.edu/
Financial Aidhttps://sfs.mit.edu/
Net Price Calculatorhttps://npc.collegeboard.org/student/app/mit
Veterans Tuitionhttps://sfs.mit.edu/undergraduate-students/veterans-benefits/what-we-do/
Disability Servicestudentlife.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.
Offered Major Programs
Award LevelTotal Number of ProgramsAvailable Online Class
Bachelor's Degree390
Master's Degree410
Doctor's degree - research/scholarship370

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.
Special Learning Opportunities
Online ClassGraduate
ROTCArmy, 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.
Veterans Benefits
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