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Massachusetts Institute of Technology

Cambridge, MA

MIT is a private land-grant research university in Cambridge, specialized in science and engineering.

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Tuition

$60,156

Acceptance

5%

Students

4,576

Type

University

Setting

Urban

Cost & Financial Aid

In-State Tuition

$60,156

Out-of-State Tuition

$60,156

Avg On-Campus Living

$19,390

Avg Off-Campus Living

$16,000

Financial Aid & Outcomes

CollegeScorecard · 2024

What will it actually cost?

Sticker price$79,546
Net price (after aid)$19,813

Most students pay the net price after financial aid, not the sticker price.

Net price by family income

$48k – $75k$4,621
$75k – $110k$13,696
$110k+$46,627

After graduation

Median earnings (10yr)$143,372
Median debt at graduation$14,768
Est. monthly loan payment$157

Earnings-to-debt ratio

Strong · 9.7×

Graduates earn about 9.7× their median debt every year.

Financial access

Students on Pell Grants19%

Pell Grants are federal aid for students from low-income families.

Students with federal loans7%

Share of students who borrowed to pay for school.

Student Outcomes

Graduation Rate

96%

Freshman Retention

99%

Source: CollegeScorecard (2024)

Scholarships available

Academics

Program format

On-CampusHybrid

Areas of study

EngineeringCommunicationsComputer ScienceArts & HumanitiesNatural SciencesSocial SciencesVisual & Performing ArtsBusiness

Programs

Mechanical EngineeringChemical EngineeringBiomedical EngineeringElectrical EngineeringPublic RelationsJournalismWeb DevelopmentArtificial IntelligenceHistoryMusicArt HistoryBiologyChemistryPhysicsPsychologyEconomicsSociologyTheaterGraphic DesignFilm & MediaManagementMarketing

Admissions

Acceptance rate

5%

SAT range

1510 - 1580

ACT range

34 - 36

Campus & Student Life

Total Enrollment

4,576

Undergrads

4,571

Campus Setting

Urban

City Size

Midsize City

Clubs Count

500

Sports

Available

Not transfer focusedInternational friendly

Safety & Crime Context

Campus Safety

High risk

Clery Report Year

2023

On-Campus Incidents

170

Violent Rate / 1,000

4.95

Property Rate / 1,000

4.7

Area Crime

Medium risk

Area Match

Cambridge

Violent Rate / 100k

396

Property Rate / 100k

1,549

Campus: U.S. Department of Education Campus SafetyArea: FBI Uniform Crime Report 2023

Location

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UniversitiesCommunity Colleges1 schools

Institution does not report this

Cambridge, MA 02139

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