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MIT is one of only six U.S. colleges with a fully need-blind undergraduate admissions policy that meets the full financial need of all students, and it continues to be focused on making the cost of an MIT education more affordable.
The most common type of aid is the MIT Scholarship. If you receive one, it is a grant that does not need to be repaid. Our scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds.
No, if you can. MIT has excellent financial aid. If your family makes less than 65K, consider applying to the QuestBridge National Match program of which MIT, CALTECH are partners. If you get matched to those schools as a finalist, you get a full ride for 4 years.
Our scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds. About 60% of our undergraduates receive MIT Scholarships.
At MIT, we admit the most talented students in the world through need-blind admissions. Once admitted, we meet your full financial need for all four years of your undergraduate career. We define financial aid as any funding that helps to finance your college expenses.
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Our scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds. About 60% of our undergraduates receive MIT Scholarships. The average MIT Scholarship was $45,146 for 2020\u20132021.
MIT Scholarship information based on family income range Income rangeApplicants who received MIT ScholarshipAverage MIT ScholarshipUnder $65,00099%$68,679$65,000\u2013 $100,00098%$61,387$100,000\u2013 $140,00097%$52,980$140,000\u2013 $175,00096%$44,4672 more rows
MIT Scholarships- How to Apply? Step 1: Apply for MIT admission. ... Step 2: Visit the MIT website. ... Step 3: Go through instructions for 'International Applicants' ... Step 4: Register. ... Step 5: Attach the necessary documents. ... Step 6: Submit the application.
for the 2021\u20132022 academic year. And for most students with family incomes under $140,000 a year (and typical assets), we ensure that scholarship funding will allow them to attend MIT tuition-free.
Our commitment to financial aid We are one of only seven colleges in the U.S. that is need-blind and full-need \u206001. for all of our undergraduate students, domestic and international. About six out of every 10 students receive MIT need-based aid.

mit financial aid application