The University Network

Massachusetts Institute of Technology – Tuition & Success Analysis

Cambridge, MA

Massachusetts Institute of Technology – Snapshot


Four-Year Private University

Undergraduate Enrollment: 4,489

Average annual cost of attendance: $22,549

(National Median: $15,523)

Median student debt for loan recipients: $17,125

Campus Setting: Midsize City

Religious Affiliation: None

Visit the Massachusetts Institute of Technology Website

Massachusetts Institute of Technology Tuition based on Family Income


For a family income of $0 to $30,000 the average cost is $5,968

For a family income of $30,001 to $48,000 the average cost is $3,029

For a family income of $48,001 to $75,000  the average cost is $8,633

For a family income of $75,001 to $110,000  the average cost is $16,544

For a family income above $110,000 the average cost is $42,237


The “average cost” shown here is a NET cost and reflects the tuition cost after financial aid is taken into account, as reported by Massachusetts Institute of Technology. This average is based on the students who receive grant or scholarship aid. In-state tuition is used for public schools.

Visit the Massachusetts Institute of Technology
Financial Aid Website

Massachusetts Institute of Technology Graduate Success


Graduation rate: 92%

(National Median: 49%)

Students returning after first year: 98%

(National Median: 68%)

Median annual earnings (10 years after first attending): $104,700

(National Median: $33,028. The salary data measures salaries of students who received federal student aid. The Salary data does not break down earnings or graduation rates by major, or by state—an important consideration, since salaries can vary widely depending on geographical region. )

Percentage earning above a high school graduate (6 years after first enrolled): 87%

Massachusetts Institute of Technology Admissions

Massachusetts Institute of Technology Acceptance Rate: 8%


Half of the recent accepted students had test scores in the range of:

SAT Math: 760 to 800

SAT Critical Reading: 700 to 790

SAT Writing: 690 to 780

ACT English: 33 to 35

ACT Math: 34 to 36

ACT Writing: 8 to 10

Twenty-five percent of students accepted to Massachusetts Institute of Technology actually performed better than the range reported above.  Another twenty-five percent had scores below the reported range.

Massachusetts Institute of Technology Student Debt


Percentage of students awarded Pell Grants: 17%

Percentage of students receiving federal student loans: 16%

Typical student debt: $17,125

Typical monthly loan payment: $182

Before you take out student loans, make sure you have exhausted your scholarship search.  We have over 3 billion dollars of scholarships listed on our site.  There’s plenty of money available to help fund your education.

Scholarships for Students Residing in Massachusetts

Other Scholarships for Students Attending Massachusetts Institute of Technology

Majors at Massachusetts Institute of Technology


These are the most popular areas of study offered at Massachusetts Institute of Technology:

  • Architecture and Related Services – 1%
  • Biological and Biomedical Sciences – 8%
  • Business, Management, Marketing, and Related Support Services – 2%
  • Communication, Journalism, and Related Programs – 1%
  • Computer and Information Sciences and Support Services – 24%
  • Engineering – 44%
  • Mathematics and Statistics – 7%
  • Multi/Interdisciplinary Studies – 3%
  • Physical Sciences – 8%
  • Social Sciences – 3%

For more information about the various majors at Massachusetts Institute of Technology, visit their website.

Massachusetts Institute of Technology Diversity


Overall Composition at Massachusetts Institute of Technology

Percentage of Undergraduate Students who attend Massachusetts Institute of Technology full time:  99%

Percentage of Undergraduate Students who attend Massachusetts Institute of Technology part time:  1%

Percentage of Undergraduate Students who are twenty-five years old, or older at Massachusetts Institute of Technology:  1%

Racial Diversity Composition

American Indian/Alaska Native: 0%

Asian: 26%

Black: 6%

Hispanic: 15%

Native Hawaiian/Pacific Islander: 0%

Non-resident alien: 10%

Two or more races: 7%

Unknown: 2%

White: 35%

Massachusetts Institute of Technology Success Ratios

TUN ratios to help compare schools


Earnings to Debt Ratio: 6.1

The median earnings 10 years after start of attending school divided by the median federal debt of borrowers who graduated. TUN found an average of 2.5 based on data of 3,210 schools.

Earnings to Tuition Ratio: 4.6

The median earnings 10 years after start of attending school divided by the average annual cost of attendance that financial aid recipients incurred.  TUN found an average of 3.0 based on data of 3,337 schools.

Monthly Liquidity Ratio: 47.9

The median monthly gross earnings 10 years after start of attending school divided by the median monthly debt payment that borrowers who graduated experience with a 10-year repayment schedule. TUN found an average of 19.3 based on data of 3,210 schools.

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