Welcome to MIT Student Financial Services
Resources for students and families
How can we help you today?
At SFS, our combined office provides financial aid, collects payments, coordinates jobs, and advises on financial literacy. If you have a question about money while you’re here, come to us first.
Affording your education
Our goal is to help you understand your options and select the best ones for you and your family. We award need-based financial aid from MIT and coordinate the receipt of aid from other sources.
Billing and repayment
We understand that everyone’s situation is different. We work with you and provide counseling on available financing options. We also offer resources to help you improve your financial literacy and make good choices.
We strive to provide accurate, friendly, and timely customer service to all of our students and their families. If you need to talk to someone—contact us and we’ll help you out.
By the numbers
Average MIT scholarship
The average need-based scholarship for undergraduates with need in 2018–2019.
The percentage of MIT undergraduates who don’t pay tuition due to our need-based aid.
The percentage of undergraduates who graduated from MIT debt-free in 2019.
The average starting salary for a graduating MIT senior entering industry in 2018.
We’re here for you
We know an education at MIT is an investment you and your family need to consider carefully. We’re here to help. Feel free to reach out to the Student Financial Services team if you have any questions about financial aid or billing.