Massachusetts Institute of Technology Tuition and Fees 2023-2024
Want to know the estimated living expenses and the total amount the Massachusetts Institute of Technology accepts as tuition fees before planning for your enrollment at this top US university?
If yes, we have published detailed information regarding the estimated living expenses and the tuition costs for undergraduate and graduate degree programs at the Massachusetts Institute of Technology.
And the estimated cost of attendance at the Massachusetts Institute of Technology is based on a number of factors including fees, tuition, books, supplies, personal items, dining, and housing for a full-time student attending both spring and fall semesters.
The amount many students will pay each year will be greatly reduced if they apply for financial aid. MIT grants play a significant role in the financial aid packages.
So what does it cost to attend the Massachusetts Institute of Technology? How much is the MIT tuition and fees per academic year? How much is the Massachusetts Institute of Technology tuition for international students? How much does it cost to go to the Massachusetts Institute of Technology for 4 years?
The figures below provide an estimated cost to attend the Massachusetts Institute of Technology for the 2023-2024 academic year. Below is the estimated cost of attendance.
Massachusetts Institute of Technology Tuition and Fees 2023-2024
| EXPENSE | COST | DESCRIPTION |
|---|---|---|
| Tuition | $57,590 | We subsidize it down to this rate even though it actually costs MIT nearly twice as much to offer undergraduates access to the faculty and cutting-edge research facilities. This also offers cost-free access to all MIT Medical services, including specialist care, mental health, and urgent care visits at no extra cost. |
| Student life fee | $396 | This helps fund student sports and fitness center, organizations, and clubs. Your unrestricted use of the gym, exercise classes, activities sponsored by student organizations, and excursions are all included in this charge. |
| Housing | $11,980 | Although living on campus is a requirement for all first-year students, the cost of resident halls and living arrangements varies. You will be charged $5,990 for half of the most costly double room on campus in July, and the school will make adjustments in September depending on your exact housing costs. |
| Meals | $6,810 | There is a variety of eating plans available, including self-catering, however, for the purposes of determining your eligibility for financial aid, we estimate $6,810 annually for meals. |
| Books & supplies | $850 | Depending on the student, this out-of-pocket cost may differ. But these figures are used to determine if you qualify for financial aid. |
| Personal expenses | $2,224 | Personal expenses also vary depending on the student. But these figures are used to determine your financial aid eligibility. We put things like laundry, clothes, and other bills into consideration. |
| Total | $79,850 | Approximately 90% of students receive some type of financial aid. |
Massachusetts Institute of Technology Undergraduate tuition
Undergraduate standard tuition rates for the 2023–2024 school year are shown in the table below. These amounts are per term.
| Fall and spring 2023-2024 | |
|---|---|
| Full regular tuition | $28,795 |
| Light load tuition | $890/unit (minimum of $5,340) |
| SB thesis only tuition | $890/unit (minimum of $1,780; maximum of $28,795) |
| Off-campus internship tuition | $10,080 (35% of maximum tuition charge) |
| Early withdrawal | |
| Summer 2023 | |
|---|---|
| Six or fewer units | $3,720 |
| Six or more units | $620/unit (maximum of $19,895) |
| SB thesis only tuition | $1,860 (minimum charge; three units) |
| Off-campus internship tuition | $620/unit (maximum of $2,480) |
Massachusetts Institute of Technology Graduate tuition
Graduate standard tuition rates for the 2023–2024 school year are shown in the table below. These amounts are per term.
| Fall and spring 2023-2024 | |
|---|---|
| Full regular tuition | $28,795 |
| Doctoral students approved for non-resident tuition | $1,440 for first three semesters; $4,430 for subsequent semesters |
| Off-campus internship tuition | $10,080 (35% of maximum tuition charge) |
| Early thesis or withdrawal | |
| Summer 2023 | |
|---|---|
| Full regular tuition | $19,895 |
| Six or fewer units | $620/unit (minimum of $3,720) |
| Six or more units | $620/unit (maximum of $19,895) |
| Off-campus internship tuition | $620/unit (maximum of $2,480; covers 4 to 12 units) |
For more information on living expenses, tuition costs, and financial aid programs for graduates and undergraduates, visit the official school portal at https://sfs.mit.edu.
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