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Coronavirus update:

As of Monday, March 16, the Student Financial Services team will be working remotely. You may still reach us at or 617-258-8600 during regular office hours. Read more about our evolving policies and other key questions related to MIT’s COVID-19 response.

by the numbers

Finding fellowships


The number of graduate students supported by fellowships in 2018.

Research and teaching


The number of graduate students working as research or teaching assistants in 2018.



The percentage of doctoral recipients who graduated in 2018 with no graduate debt.

table of contents

What we do

We coordinate with you and your department and offer resources to help you with your expenses. We also help you manage student loans, federal benefits, and other forms of aid, as well as collect payments if required.

More graduate support

Most graduate students are supported by fellowships or by appointments as research or teaching assistants. More resources are coordinated by the Office of Graduate Education, an Institute-wide support and referral office for graduate students and administrators.

Key terms for graduate students

A fellowship or traineeship is an award to a graduate student that covers tuition partially or fully, and also provides a stipend to help defray living expenses.
Research and teaching assistants receive a monthly stipend as well as a full-tuition scholarship. Stipend levels are established each year by individual departments within guidelines approved by the Academic Council in discussion with the Provost.
Federal Direct PLUS Loan
A federal low-interest loan for U.S. graduate and professional students. You must be enrolled at least half time, pass a standard credit check, and may not be in default on a prior education loan to be eligible. The maximum annual loan limit is the cost of education minus financial aid received—there is no aggregate limit.
Funding basics →