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Update August 17:

To learn more about MIT’s changes to the fall 2020 cost of attendance as well as the Covid-era grant, please see our 2020 financial support page and our expanded FAQ page. You can also read more about the evolving policies and other key questions related to MIT’s COVID-19 response.

Covid-19 resources

We are actively working to make information available to you as soon as we have it. Please check this page regularly for the most recent updates.

Latest update from SFS

If campus offices close, we plan to continue working remotely, so you can still contact us at 617-258-8600 or sfs@mit.edu and we will answer your questions. We are still here to help!

FAQs

What happens if I cannot work to pay my term-time contribution?

We are still working out how we will accommodate students who are not able to work to meet their student contributions. We will update this page when we have a policy in place.

You may also contact your financial aid counselor to talk through your individual circumstance.

Will I receive a refund for housing and dining for the rest of the semester?

We are still in discussions about what will happen with student charges. We will update this page as soon as we have a policy in place.

Will this have an effect on my federal aid (VA benefits, Pell Grants, student loans, etc.)?

The U.S. Department of Education has indicated that as long as students are enrolled and working toward their degree, Federal Pell Grants, Federal Work Study, SEOG, and Direct Stafford Loans should not be impacted.

MIT has been in contact with the Department of Veterans Affairs to inquire about the potential effects to those students receiving GI Bill benefits, and we expect to receive guidance soon. Please refer back to this page regarding any updates to GI Bill benefits.

What if I have general questions about financial aid or my bill?

We are still here to help! If you have questions, please feel free to contact us at 617-258-8600 or sfs@mit.edu. Our customer service and financial aid counselors will be able to help you with any questions you may have.