Please note:

The MIT Welcome Center and Admissions Office will be closed for winter break December 23 through January 4. We will reopen on Monday, January 5, 2026.

Does MIT provide any academic or athletic scholarships?

MIT provides financial aid on the basis of financial need only. We don’t offer money based on any measure of merit—academic, athletic, artistic, or anything else.

However, we refer to the money given directly by the Institute as an MIT Scholarship, even though we offer it based solely on financial need.

If you have further questions on financial aid, please visit the Student Financial Services website.

Afford FAQs

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  • FAQ / Afford

    How much does MIT cost?

    Detailed information about tuition and fees, housing and dining, and books and personal expenses are broken down in detail here. If you have a specific question or concern regarding financial…
  • FAQ / Afford

    What is need-blind admissions?

    MIT’s need-blind admissions process ensures that you will not be disadvantaged in the admissions process because of your financial need. Our admissions process is need-blind for all students, foreign and domestic.