Massachusetts Institute of Technology.
College

Massachusetts Institute of Technology

Cambridge, MA4 year degree
$49,892
Tuition
7%
Acceptance rate

About Massachusetts Institute of Technology

Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts. The institute is a land-grant, sea-grant, and space-grant university, with an urban campus that extends more than a mile (1.6 km) alongside the Charles River. The institute also encompasses a number of major off-campus facilities such as the MIT Lincoln Laboratory, the Bates Center, and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. Founded in 1861 in response to the increasing industrialization of the United States, MIT adopted a European polytechnic university model and stressed laboratory instruction in applied science and engineering. It has since played a key role in the development of many aspects of modern science, engineering, mathematics, and technology, and is widely known for its innovation and academic strength.As of October 2020, 97 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists have been affiliated with MIT as alumni, faculty members, or researchers. In addition, 58 National Medal of Science recipients, 29 National Medals of Technology and Innovation recipients, 50 MacArthur Fellows, 80 Marshall Scholars, 41 astronauts, and 16 Chief Scientists of the U.S. Air Force have been affiliated with MIT. The university also has a strong entrepreneurial culture and MIT alumni have founded or co-founded many notable companies. MIT is a member of the Association of American Universities (AAU).

Highlights

  • Offers bachelor's, master's, and doctoral degrees
  • 4,489 students
  • 3.05 faculty staff per student
  • Campus housing available
  • web.mit.edu/

Notable programs at Massachusetts Institute of Technology

Biology
Most popular degree

The most popular degrees are Biology, Neuroscience, Cognitive Science, Business, Finance, Mass Communication and Media Studies, Computer Science, and Mathematics.

Acceptance Rates

7%
Acceptance Rate in 2017
1532
Avg SAT Scores in 2017

1,452 students out of 20,247 applicants were accepted into Massachusetts Institute of Technology. They had an average SAT score of 1532. 72% of people submitted their SAT score along with their applications while 55% chose to submit their ACT score.

Tuition and costs

$49,892
Undergraduate tuition (2017)

In 2017, the cost of tuition at Massachusetts Institute of Technology was $49,892. After taking into account the costs of books and supplies, room and board, and general living expenses, the average cost for students was $67,430.

Financial aid available at Massachusetts Institute of Technology

68%
Of undergrads receive grants
14%
Of undergrads receive federal loans

68% of undergraduate students at Massachusetts Institute of Technology received grants or loans in 2017.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of tuition, room, board, book, supplies, and other living expenses.

Average student living expenses at Massachusetts Institute of Technology

$14,720
Room & board
$1,000
Books & supplies

The average yearly cost of room and board at Massachusetts Institute of Technology was of $14,720 in 2017. During the same period, the average yearly cost of books and supplies was $1,000.

Diversity at Massachusetts Institute of Technology

Ethnic Mix, 2017

Student Gender Mix, 2017