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Update November 2:
To learn more about the 2020–2021 academic year please see our 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.

table of contents

Our response to Covid-19

We understand that with these turbulent times come academic, professional, and personal costs. Through additional financial supports, MIT continues to help the graduate student community during a challenging period.

What we do

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

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.

by the numbers

Finding fellowships

36%

The percentage of first-year graduate students supported by fellowships in 2019.

Research and teaching

3,370

The number of graduate students working as research or teaching assistants in 2019.

Debt-free

94%

The percentage of doctoral recipients who graduated in 2020 with no graduate debt.

Key terms for graduate students

Fellowship
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.
Stipend
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 →