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FAQ / Veterans benefits
Do I need to verify my enrollment monthly with the VA?
If you are using Post-9/11 GI Bill benefits, including the monthly housing allowance, you are required to verify your enrollment with the VA ... addition to submitting the Initial Notification of Enrollment for Veteran -
FAQ / Veterans benefits
How many MIT units are in a VA credit?
For enrollment certification purposes, three MIT units equal one VA credit (i.e. 48 MIT units = 16 VA credits). Units are not rounded up, so if you are registered for 50 MIT units, your VA credit hours would be 16 -
Glossary
Loan servicer
The agency employed by a lender to service student loans. Servicing can include billing, collecting and posting payments, processing requests for deferment, forbearance and cancellation, and responding to -
Glossary
Creditworthy
A term used to describe an individual whose track record of timely repayments on debts indicates that he or she is likely to continue to manage future credit obligations well. -
Glossary
MIT Technology Loan (Tech Loan)
A low-interest loan for international undergraduates. Tech Loans require a creditworthy co-signer and are offered by, and repaid to, MIT. -
Glossary
Institutional Documentation Service (IDOC)
A service offered by the College Board that allows families applying for financial aid to submit documents such as federal tax returns and W ... online for participating schools. -
Glossary
Repayment schedule
An overview of the borrower’s monthly payment, due dates, interest rate, total repayment amount, and length of time for repaying the loan. -
FAQ / Veterans benefits
How will my Veterans benefits affect my MIT Scholarship?
. For explanations and examples of how Veterans benefits may affect your ... MIT considers Veterans benefits to be outside scholarships, and they must be accounted for in your financial aid offer. They are first used to -
Glossary
College Scholarship Service (CSS)
association that offers services in the areas of college admissions, assessment, guidance, financial aid, and enrollment. The CSS provides the financial aid services, including the CSS Profile and the Institutional Documentation -
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Glossary
Military scholarships
Reserve Office Training Corps (ROTC) scholarships available from the U.S. Army, U.S. Navy, and U.S. Air Force for students who are ... tuition, fees, books and supplies, and pay a subsistence allowance. -
FAQ / Veterans benefits
I’ve received my Certificate of Eligibility (COE) from the VA, and I will be enrolling at MIT. What are my next steps?
Submit your COE and MIT’s Initial Notification of Enrollment for Veteran's Benefits (NOE) to Student Financial Services in person, by mail, or fax. Unfortunately, we are unable to accept the NOE via email. -
Glossary
Need blind
schools in the U.S. that is need blind and meets full need for all students, foreign and domestic. -
Glossary
Federal Student Financial Aid
provide grants, loans, and work-study funds from the federal government to ... available at studentaid.gov. Federal student aid for MIT undergraduates ... Opportunity Grants Iraq and Afghanistan Service Grants Federal Direct -
Glossary
CSS Profile
An online financial aid application produced by College Board’s College Scholarship Service (CSS) and used by private institutions such as MIT to offer their institutional financial aid. -
Glossary
Student contribution
The amount that a student can reasonably be expected to contribute toward their own educational expenses. For undergraduates, the student contribution is a combination of the summer savings expectation and student -
Glossary
Co-borrower
A person other than the borrower who, by signing a loan promissory note as a backup, agrees to assume responsibility for repayment if the ... -signer and endorser. -
FAQ
I am not able to live at home. What do I do?
If you are experiencing significant hardship and need to move on campus, you should reach out to Student Support Services at s3-support@mit.edu and one of their deans will be in touch with you. If you have an existing -
FAQ / If you leave or withdraw
What do I do when I am ready to return to MIT?
If you plan to return to MIT, you must first contact Student Support Services. You must be current on all your student account and student loan obligations and you must file your financial aid renewal application by the