MIT announces free tuition for families earning under $200,000. Apply now!

Highlights: MIT waives tuition fees for students with less than $200,000 family income

• The University will offer free tuition for UG students from families earning below $200,000.
• Students whose annual family income is less than $100,000 will get support for meals, housing, and other aids.
• This initiative aims to ensure the affordability and accessibility of premium institutes like MIT.
• The updated financial aid program will be effective in the fall of 2025.

 

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Free tuition at MIT for UG students

 

The Massachusetts Institute of Technology has expanded its financial aid program to facilitate undergraduate studies from less wealthy families. Under the updated changes, the university will offer free tuition to undergraduate students with an annual family income of less than $200,000.

The University is also planning to provide added support to students whose family income is less than $100,000. Such students are to receive financial provisions for housing, meals, allowance for books, and other personal necessities.

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MIT expanding access to higher education

 

The new initiative is aimed at making MIT more accessible to talented students and increase affordability of premium institutes in the US. Under the current financial aid program, MIT offers full-tuition scholarships for students whose family earnings are below $140,000. Students with annual family income less than $75,000 receive complete financial assistance from the university.

 

Students willing to study in the MIT with financial assistance are required to submit MIT’s financial aid application and tax documentation to be eligible. MIT’s President Sally Kornbluth recently commented, “To every student out there who dreams of coming to MIT: Don't let concerns about cost stand in your way."

 

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