7%

Acceptance Rate

$48,459

Avg.Financial Aid

002178

FAFSA Code

About Massachusetts Institute of Technology (MIT)

Type Control of Institution - Public/Private

Private

Not-For-Profit

4 Years

Student Population Number of Students attending College

11,574

Website

web.mit.edu/

Accreditation Accreditation is the process by which the quality of learning at various educational institutions are evaluated. Read More.

CIHE

Religious Affiliation Indicates religious affiliation (denomination) for private not-for-profit institutions that are religiously affiliated.

Not applicable

On Campus Housing Does the institution provide on-campus housing?

Yes

Massachusetts Institute of Technology, which is located in Cambridge, MA is a private university. Massachusetts Institute of Technology covers an area of 166 acres. In 1861, Massachusetts Institute of Technology was founded. Keeping the pursuit of research, innovation, and excellence at the center, Massachusetts Institute of Technology has been imparting quality education to its students. The motto of the varsity is Mens et Manus (Latin) and its official colors are cardinal red and silver gray. In addition to over 4,530 undergraduate students, MIT also boasts of over 6,990 students in its postgraduate courses, taking the total enrollment to over 11,520 (Fall 2019). To teach various courses to the students, the school has employed a total of 1,074 faculty. At Massachusetts Institute of Technology, around 99% of the students are 24 and under. And, when it comes to gender distribution at the varsity, around 47% of the students are females and 53% are males. Finally, at MIT around 30% are Asian, 29% are white, and 15% belong to Hispanic ethnicity. The college has produced several achievers in its 159 years of existence and some of the notable alumni are Dawson Engler (Professor), Paul Krugman (Commentator, Journalist), Charles Koch (Businessperson, Industrialist), and James Woods (Television producer, Film Producer). Massachusetts Institute of Technology's sporting teams are affiliated to NCAA Division III – NEWMAC, NEFC, Pilgrim League, and Division I – EARC and EAWRC (rowing). Like several universities in the country, athletics play an important part here as well. Taking into account all the undergraduate and graduate degrees, including both residential and online, MIT offers around 103 programs. The university also has a long list of accreditations. It has been accredited by AACSB (Association to Advance Collegiate Schools of Business), ABET (Accreditation Board for Engineering and Technology, Inc.), CSAB (Computing Sciences Accreditation Board), and NAAB (National Architectural Accrediting Board). The total endowment of the Massachusetts Institute of Technology is around $18 billion (2020).

Location & Contact

Address

77 Massachusetts Avenue

Contact

Email: N/A
Phone: 6172531000
Fax:
Request Info

Rankings

The rankings provided by Forbes and US News are trusted everywhere, as long as US universities are concerned. Massachusetts Institute of Technology has been ranked at the 4th position among other universities by Forbes. It is to be noted that Forbes decides on the rankings of the college based on common metrics like acceptance rate, endowment, benefits, and SAT scores, among others.

Admissions

Application Deadline Deadline for application submissions. Please contact the school for more details.

1-Jan

Acceptance Rate Percentage of applicants who are accepted in an Institution.

7%

SAT Range

1500 - 1570

ACT Range

34 - 36

Application Fee

$75

SAT/ACT

Recommended

High School GPA

Recommended

Accept Common App

None

Admission to MIT is difficult. However, the university is selective in taking in students. Candidates are required to fill the form and submit a fee of $75, as part of the admission process at MIT. As per the past trends, the SAT score of a student must lie in the range of 1510-1570 to improve her chances. The average ACT score at Massachusetts Institute of Technology is 35. However, those getting an ACT score less than 34 might also be offered admission. The candidates can apply for the courses online. However, in case they need information or want to feel the vibes, they visit the school's office at 77 Massachusetts Avenue, Cambridge, Massachusetts 02139-4307. They can also call them at (617) 253-1000.

Annual Cost to Attend

Net Price Cost of attendance minus any grants and scholarships received.

$18,971

Average Annual Cost

$51,520

Books And Supplies

$800

Other Fees

$312

Room And Board The charges for an academic year for rooming accommodations and meals for a typical student.

$15,510

Budget For Other Expenses

$2,098

Total One Year Cost

$70,240

The next two things to keep in mind before applying to MIT are the tuition fees and the cost of living during the course tenure. The annual full-time cost of attendance comes out to be approximately $73,160. This cost includes the average annual tuition cost ($53,790), books and supplies ($820), room and boarding ($16,390), and budget for other expenses ($2,160). Students can also explore numerous financial aid options offered by the university.

Academics

Highest Degree Offered The highest degree offered by the Institution.

Doctor's degree

Student:Faculty Ratio

3:1

Full-Time Retention Rate Percent of the that re-enrolled at the institution as either full- or part-time in the current year.

99%

Part-Time Retention Rate Percent of the that re-enrolled at the institution as either full- or part-time in the current year.

N/A

Academic Calendar

Four-one-four plan

Research Funding per Student

$129,522

Faculty Overview

73%

Male Professors

27%

Female Professors

Non-traditional Learning

Evening Degree Programs

Teacher Certification

Distance Education

Study Abroad

Majors

Computer Science

378 Graduates

Mechanical Engineering

169 Graduates

Mathematics

112 Graduates

Electrical, Electronics and Communi...

75 Graduates

Physics

68 Graduates

Aerospace, Aeronautical and Astrona...

55 Graduates

Chemical Engineering

54 Graduates

Biomedical/Medical Engineering

49 Graduates

Biology, General

44 Graduates

Materials Engineering

33 Graduates

Neurobiology and Neurosciences

25 Graduates

Biomathematics, Bioinformatics, and...

24 Graduates

Mathematics and Computer Science

24 Graduates

Economics

23 Graduates

Management Sciences and Quantitativ...

22 Graduates

Chemistry

21 Graduates

Nuclear Engineering

17 Graduates

Civil Engineering

11 Graduates

Business/Commerce, General

10 Graduates

Communication and Media Studies

10 Graduates

Liberal Arts and Sciences, General...

10 Graduates

Architecture

9 Graduates

Environmental/Environmental Health...

8 Graduates

Political Science and Government

8 Graduates

Geological and Earth Sciences/Geosc...

7 Graduates

City/Urban, Community and Regional...

6 Graduates

English Language and Literature, Ge...

6 Graduates

Drama/Theatre Arts and Stagecraft

4 Graduates

Philosophy

3 Graduates

Rhetoric and Composition/Writing St...

3 Graduates

Anthropology

2 Graduates

Finance and Financial Management Se...

2 Graduates

Linguistic, Comparative, and Relate...

2 Graduates

Music

2 Graduates

History

1 Graduates

Science, Technology and Society

1 Graduates

More

Student Body

Undergraduate Students

4,602

Socio-Economic Diversity Percent of full-time, first-time students receiving an income-based Federal Pell Grant intended for low-income students.

17%

Full-time

99%

Part-time

1%

Students Gender

Male

54%

US National: 44%

Female

46%

US National: 56%

LGBTQIA STUDENT RESOURCE GROUPS

ON CAMPUS WOMEN'S CENTER

Race/Ethnicity

31% White

2% Unknown

6% Black

15% Hispanic

7% Two or more races

11% Non Resident alien

28% Asian

0% American Indian/Alaska native

0% Native Hawaiians/Pacific islander

Geographic Density

Geographic Density

High

0%

Unknown Location

84%

Out Of State

7%

In State

9%

Foreign

Economic Diversity

36% percentage of students who recieved an income-based Federal Pell Grant intended for low-income students.

Median Household Income

$77,426 per year

Campus Life

Housing

The students can reside on campus and 100% of Freshman Live On-Campus.

On Campus Housing Available

Yes

Freshmen Required to Live on Campus

No

Freshmen Live on Campus

100%

Undergrads in College Housing

94%

Averege Housing Cost

$9,890/year

Campus Food

The institution has several dining and meal plan options available to students and the average meal plan cost is around $5,620/year.

Meal Plan Available

Yes

Average Meal Plan Available

$5,620/year

Athletes

Division Sports Nickname

Beaver

School Colors

cardinal red and silver gray

Varsity Athletics Association

NCAA

Varsity Athletics Conference Primary

New England Women's & Men's Athletic Conference

Total Male Athletes

369

Total Female Athletes

293

Intramural Sports

24

Sports Club

38

Sports Team (Men)

Baseball

Basketball

Crew-Rowing

Fencing

Football

Golf

Ice Hockey

Rifle

Soccer

Swimming and Diving

Tennis

Track and Field

Volleyball

Water Polo

Squash

Sailing

Sports Team (Women)

Basketball

Crew-Rowing

Field Hockey

Lacrosse

Rifle

Soccer

Swimming and Diving

Tennis

Track and Field

Volleyball

Campus Safety

24-Hour Security Patrol

Yes

Campus Emergency Phones

Yes

24-Hour Escort Safety rides

Yes

Mobile Campus Emergency Alert

Yes

Students who want to enjoy the campus and lodging life can benefit from the on-campus housing facility provided by MIT. The normal expense for on-campus housing is $16,390 per year. The students at Massachusetts Institute of Technology have several dining and meal plan options to choose from. Moreover, the average meal plan costs around $5,620 per year. To ensure the safety and security of students, the college has a number of campus safety and security measures in place. Some of these features include 24-hr security patrol, campus emergency phones, 24-hr escort safety rides and mobile campus emergency alert. The number of female and male students at the college are 53% and 47%, respectively.

After Graduation

Median Earnings 6 Years After Graduation

$82,200/year

Median Earnings 10 Years After Graduation

$104,700/year

Median Total Debt After Graduation The median cumulative federal debt of undergraduate borrowers who graduated.

$0$100,000

$8,219

$14,482

Typical Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 4.53% interest rate.

$85 - 150

Outcomes 8 Years of Attending

Show data for students who

and started their studies

Out of 7,811 students

30% Graduated

10% Still Enrolled

15% Transfer

1% Withdraw

Financial Aid

Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid.

60%

Average Aid Per Year

$48,459

Students Receiving Federal Grants

20%

Average Aid Per Year

$8,225

Students Receiving State Aid

2%

Average Aid Per Year

$2,265

Students Receiving Institutional Grants

60%

Average Aid Per Year

$46,080

Average Grant & Scholarship by Family Income

Aid awarded based on the family income.

Income

Average Amount

< $30K

$59,849

$30K - $48K

$64,087

$48K - $75K

$64,492

$75K - $110K

$58,127

> $110K

$26,673

Total Needs based Scholarships/Grants

$130,225,282

Total Non-Needs based Scholarships/Grants

$3,499,690

In case the students at Massachusetts Institute of Technology face any financial issues concerning the fees and cost of living, and find the same to be high, they can seek help from the financial aid department of the varsity. It focuses on settling the issues that students face, and candidates can be assisted with scholarships, grants, and student loans. At the college, the average federal grant comes to be around $8,159, whereas the financial aid is $47,150. The students at the college are provided with state aid and institutional aid. The state aid stands at $2,349, while the institutional aid is $47,150. The total need-based scholarships/grants offered at MIT based on students' financial needs add up to $130,225,282 per year. Meanwhile, the total non-need-based scholarships/grants in a year come to around $3,499,690.

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