We offer a number of different payment options to make it easy for you and your family to pay your bill.
You can pay your bill via the payment options listed below.
MIT does not accept cash, credit card, or debit card payments.
E-payment via MITPay
Most students and families pay for MIT through MITPay, which can be configured to withdraw directly from a U.S. bank account via ACH transfer. It’s secure, paperless, and there’s no additional charge.
You can pay in a lump sum or enroll in our zero-interest Monthly Payment Plan, which spreads the bill out over five equal installments.
Student Login → Authorized User Login →
Wire transfer
Two options to pay for MIT through wire transfer are accessible through MITPay. MIT students can use either service; we suggest reviewing the different fees, exchange rates, and any wire fees associated with your bank.
Flywire
Flywire provides a fee-free wire transfer service for domestic and international payments in U.S. dollars. Log in to MITPay to access the external link to Flywire on the left-side menu.
TransferMate
TransferMate provides a wire transfer service in the local currency of nearly any country; domestic payments incur a $20 fee. It is directly integrated into MITPay as a payment option.
Check
While most families prefer to pay via e-payment or wire transfer, we do accept personal or organizational checks when needed. Checks must be from a U.S. bank, be payable in U.S. dollars, and include your full name and MIT ID number.
For the fastest resolution, mail your check directly to our financial processor’s P.O. Box:
Massachusetts Institute of Technology
P.O. Box 412869
Boston, MA 02241-2869
If you must send a check via a parcel service that won’t deliver to a P.O. Box (e.g., FedEx), you may address it to:
Massachusetts Institute of Technology
Attn: Student Financial Services
77 Massachusetts Avenue, Building E17-294
Cambridge, MA 02139-4307
Scholarship foundation checks
If you have a check from a scholarship foundation, we ask that you send it to our office at the following address:
Massachusetts Institute of Technology
Attn: Student Financial Services
77 Massachusetts Avenue, Building E17-294
Cambridge, MA 02139-4307
Please note: Some organizations send the full amount of your scholarship to MIT in one lump sum. If you or your scholarship organization do not let us know how to distribute your award (all to one semester or split evenly between the two), the funds will be distributed evenly between the fall and spring semesters.
Sponsored billing
Sponsored billing means a qualified third party — such as a U.S. or foreign company, U.S. government department or agency, or a pre-paid college plan — is paying for your tuition and fees. If you are being reimbursed by your employer, this is not considered sponsored billing.
If a qualified third party has agreed to pay all or part of your tuition and fees, you and your sponsor will need to submit documentation before the payment deadline: October 1 for the fall term and March 1 for the spring term.
Details and instructions for both students and sponsors can be found on the Sponsored Billing page.