When your financial aid application is due depends on whether you are a prospective student applying for Early or Regular Action, or are a continuing student.
- Early Action applicants: November 30. Complete all required documents—excluding the FAFSA—by November 30 for Early Action. Please note: The 2024–2025 FAFSA will not be available until December, and the date has not been announced. Once it’s available, domestic students should submit it as soon as possible. We aim to release awards in January 2024 but may be delayed due to the FAFSA release date. We will update this page when we know what our timeline will be.
- Regular Action and transfer applicants: February 15. The application deadline is February 15. RA awards are released in mid-March. Transfer awards are released after admission decisions.
- Continuing students: February 15. The financial aid application deadline for the following academic year is February 15. You will receive your award in late May or early June.
Late aid applications
We understand that life happens and sometimes deadlines are missed. There is no need to ask for an extension—just submit your application as quickly as possible. Late applicants will receive their financial aid decision later than those who submit by the deadline, but we try to review all applications as quickly as possible.
There are no penalties for late applications. However, financial aid applications must be received before the end of the academic year, in order to be considered for aid in that academic year. For most students, that is mid-May. For those only attending in the fall, you must submit your aid application by mid-December. If your application isn’t completed by that time, you will not be eligible to receive either MIT or federal financial aid for that academic year.