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For more detailed information regarding the cost of attendance for the 2024–2025 academic year including tuition and fees; books and supplies; and housing, food, and transportation; please visit the undergraduate and graduate pages on the SFS website.
The cost of attendance for the 2023–2024 academic year is $82,730.This number is actually much lower than what it costs MIT to educate students. For more detailed information regarding the cost of attendance, including specific costs for tuition and fees, books and supplies, housing and food as well as transportation, please visit the SFS ...
The annual student budget, or cost of attendance, is the total amount we estimate it will cost a student to attend MIT for one year. It includes costs that are billed by MIT, such as tuition, housing, food, and estimates for other expenses, such as books, supplies, and personal expenses.
The table below reflects standard undergraduate tuition rates for the 2024-2025 academic year. Amounts are per term, unless noted. Payment of full tuition in the fall or spring terms also covers subjects offered for academic credit during the Independent Activities Period (IAP) in January.
The Institute’s undergraduate financial aid ensures that an MIT education is accessible to all qualified candidates regardless of their financial circumstances. MIT provides financial aid to meet the yearly cost of attendance based on a family’s demonstrated financial need.
The full price of an MIT education is $85,960 for the 2024–2025 academic year. However, most students pay far less than that. We offer full-need financial aid, which means we meet 100% of your demonstrated financial need for all four years of your undergraduate career.
Tuition. The table below reflects standard graduate tuition rates for the 2023–2024 academic year (which are reviewed and likely to increase next year). Graduate programs in the MIT Sloan School of Management have their own tuition rates.
