How billing works

How do I view and pay for my bill?

You can view and pay for your bill in MITPay, MIT’s secure online payment system. Your MITPay student account is automatically created after you set up your Kerberos account (i.e., your MIT email address).

Via MITPay, you can:

Students access MITPay via WebSIS⁠01 WebSIS is MIT’s secure online system that allows enrolled students to view their academic, financial, and biographical records.   , while authorized users⁠02 An authorized user is a person—most often a family member, parent, or spouse—who is designated by a student to have access to their monthly bill and make payments using MITPay.   have a separate login.

Student Login → Authorized User Login →

What’s on my bill and when?

Your first term bill is posted before the start of each term. Most components of the cost of attendance, such as tuition, fees, the Student Health Insurance Plan, and undergraduate on-campus housing, appear on the first bill of the term. The fall term bill is typically posted in mid-July; the spring term bill is typically posted in mid-December.

Additional incidental charges or credits are billed monthly on the 10th. Charges may include meal plans, on-campus graduate housing, TechCASH,⁠03 A spending program for MIT students, employees, and affiliates, where participants deposit money into their TechCASH account and then use their MIT ID to make purchases on and off campus.   parking, MBTA passes, and library fines are billed monthly as they are incurred. You may see credits based on your choices as related to housing, meal plan, or the health insurance waiver.

Payments are due on the 1st of the following month. You (and any authorized users) will receive an email notification when a new statement is available in MITPay. Updated statements are posted to your account each month, but you can view your real-time balance at any time in MITPay.

See Payment deadlines and requirements and Payment options for more information.

How is financial aid disbursed?

If you receive financial aid (scholarships, grants, tuition awards, fellowships, and/or student loans), we apply it equally across the number of terms in your academic year. For most students the academic year is two semesters: fall and spring. However, for some graduate students, it may be three semesters: fall, spring, and summer.

How are Veterans benefits disbursed?

Veterans tuition benefits are applied to your student account when we receive funds from the VA. This usually occurs 2 months after the start of the semester. In the interim, we apply a credit of anticipated funds to your bill — equivalent to the amount of your VA tuition benefits — so that your balance is accurate throughout the term.

If you are expecting VA tuition benefits but don’t see anticipated funds on your bill, we may not have received your VA benefits questionnaire for the semester. We send the questionnaire to your MIT email address before the start of each term, and it must be completed every semester that you wish to have benefits certified.  If you have any questions about your credit of anticipated funds or other VA benefits related questions, please contact us at VA@mit.edu.

  1. WebSIS is MIT’s secure online system that allows enrolled students to view their academic, financial, and biographical records.⁠ ↑
  2. An authorized user is a person—most often a family member, parent, or spouse—who is designated by a student to have access to their monthly bill and make payments using MITPay.⁠ ↑
  3. A spending program for MIT students, employees, and affiliates, where participants deposit money into their TechCASH account and then use their MIT ID to make purchases on and off campus.⁠ ↑