The Massachusetts Institute of Technology (MIT), also referred to as MIT, is a private university which is located in Cambridge, Massachusetts. Established in 1861, its campus is spread over 166 acres in Cambridge city. MIT offers 44 undergraduate degrees across its five schools.
About 29% of the students at the university are foreign nationals. The tuition fees on average for all courses at MIT are $57,590. MIT offers need-based scholarships amounting to about $40,000 to each of its students, reducing their yearly tuition fees to about $17,590.
MIT offers Undergraduate Research Opportunity Programs (UROPs) for students pursuing their bachelor’s. Students can pursue these programs either during the summers or semesters.
MIT campus houses on its campus 20 research centers, besides more than 30 sports and other facilities.
MIT is renowned for its programs in STEM programs.
Name of Course |
Tuition fees per year (In USD) |
BS, Mechanical Engineering (Course-2) | 57,471.96 |
BS, Chemistry | 58,674.20 |
BS, Computer Science and Engineering | 58,674.20 |
BS, Business Analytics | 58,674.20 |
BS, Biological Engineering | 57,471.96 |
BS, Aerospace Engineering | 57,471.96 |
BS, Art and Design | 57,471.96 |
BS, Computer Science, Economics, and Data Science | 58,674.20 |
BS, Economics | 58,674.20 |
BS, Engineering | 58,674.20 |
BS, Nuclear Science and Engineering | 58,674.20 |
BS, Chemical Engineering | 58,674.20 |
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According to QS World University Rankings, 2023, MIT was ranked #1 globally and Times Higher Education (THE), 2022 ranked it #5 in its World University Rankings.
MIT provides on-campus as well as off-campus accommodation options. It has more than 4,600 undergraduate students, of who over 3,400 students stay in residence halls on campus or in residences approved by MIT.
The university offers on-campus housing facilities and assistance in finding off-campus housing for its students.
As of now, the university is home to about 19 residence halls for undergraduates and graduates.
All the first-year students are assured of accommodations in its 10 residence halls of different types.
Candidates who pick on-campus accommodation can reach out always to resident guides and staff housemasters for any kind of assistance.
MIT provides its students with an off-campus housing service to provide them with all the help they need to search for residences of varying types, such as condos, studios, and apartments, which cost in the range of $2,660 to $5,600.
The acceptance rate at MIT is around 6.5%.
To apply at the Massachusetts Institute of Technology, applicants need to fill up the application form, pay the application fee, and submit documents. Foreign students can make use of the online portal to apply to MIT.
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MIT University’s tuition fee for undergraduate programs is $57,590. An Indian UG student will have to be ready to bear expenses worth $79,850 per year.
The breakup of expenses for students of MIT is as follows.
Tuition fees and other expenses |
Cost per year (in USD) |
Tuition |
79,850 |
Student living fee |
367 |
Accommodation |
11,140 |
Food |
6,334 |
Books & supplies |
795 |
Personal expenses |
2,066.5 |
MIT provides assistance financially to students’ in need only. It does not provide any type of merit-based scholarships
To apply for aid at MIT, students have to follow two steps.
In the first step, they need to provide a CSS Profile, a tool of the College Board used by the university to measure if an applicant is qualified for a need-based scholarship.
In the next step, they need to provide the tax returns of parents or their income proof making use of the IDOC portal of the College Board.
MIT has a Work-Study program that allows undergraduate students an opportunity to earn money to cover a portion of their expenses and to get valuable work experience, while employees can use their resources to solve practical problems.
Every student can find on-campus work. The minimum wage students can earn is $14.25 per hour. Foreign students can work for only 20 hours per week.
MIT’s alumni can avail of various benefits and discounts, such as an online alumni directory, campus information, and career guidance mechanisms. Some other benefits that alumni can avail of are:
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