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FAQ / Applying for aid

Why am I being asked to verify my FAFSA?

When you complete your FAFSA, you may receive a message that says ... the information you reported on your FAFSA before you can receive ... will not have any impact on your financial aid. We will reach out to you

Undergraduate students / Types of aid

Outside scholarships and financial aid

allows MIT to maximize available funds for the families that need it most ... have its own application process). Any aid from a source other than MIT ... ’s financial aid is need based. This means that we offer aid entirely based on

Undergraduate students / Cost and affordability

Computer purchases

a loan for a computer and include the amount you are looking to borrow ... contribution on your financial aid, you may be able to use a portion of your ... . Please attach a screenshot and price of the computer you want to purchase

Forms / Undergraduate financial aid forms

Undergraduate student loan request form

This form is for federal loans for U.S. citizens and permanent residents, and MIT Technology loans for international students. If you need ... when making your request about desired loan programs and amounts

Find a job / For students

Working at MIT

during the academic year—and most of our students do. They work on campus ... may qualify for an exemption. You must still meet the other SNAP eligibility requirements to be eligible for benefits. You may apply for SNAP

FAQ / Graduate students

How will summer housing billing work for grad students?

For graduate students living on campus for the summer, you will be billed monthly for housing. You can view your monthly bill on MITPay ... , you may be placed on registration hold. If you have questions about any

Find a job

For students

redirect

Undergraduate students

Apply for aid

Graduate students

Support for graduate students

FAQ / FAFSA and FAFSA Simplification

What is FAFSA Simplification?

Congress recently passed laws to simplify the completion of the Free Application for Federal Student Aid (FAFSA). Applying for federal aid will now be easier for students and families as a result of a more streamlined

Glossary

Collection costs

Expenses charged to an individual whose account is in collection for failure to bring the account current.

Manage your money / How we can help

Who we are

[intro]Hi! We work with current MIT students to help them learn the basics of budgeting and money management. We look forward to working with you while you're at MIT.[/intro]

Forms

Veterans forms

Initial Notification of Enrollment for Veteran’s Benefits Submit your ... Services to enroll in Veterans Benefits. If you are enrolling in a non-degree program please do not submit this form. Send an email to va@mit.edu and we

FAQ / Paying your bill

How will summer housing billing work for undergrads?

For undergrads living on campus for the summer, you will see the ... , July, and August. You can view your current account balance on MITPay ... , you may be placed on registration hold. If you have questions about any

Manage your money

Glossary

Institutional Methodology (IM)

A formula used by many colleges, universities, graduate and professional schools, and private scholarship programs, including MIT, to determine an applicant’s need and eligibility for private, nonfederal student

FAQ / Loans

Why is my student loan not credited to my account?

program you may need to complete the requirements by signing a promissory note and completing entrance loan counseling. Check with a member of the financial aid delivery team for more information on these requirements.

FAQ / Graduate students

What is the price to attend for graduate students?

Tuition is subsidized for all MIT students. The price of graduate degree programs varies by program and can be found under the specific area of study on the registrar's website.

Glossary

Free Application for Federal Student Aid (FAFSA)

The FAFSA is an online application for all federal student aid, including grants, loans, and work-study. The FAFSA gathers the information required to determine need and eligibility according to the Federal

Forms / Undergraduate financial aid forms

Outside award reply form

, or benefits you will receive for the coming academic year. Upon receipt, your financial aid offer will be updated. We will contact you if we ... one outside award to report, you will need to submit the form for each