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Note: We are currently updating our financial aid calculators to incorporate MIT’s newly announced financial aid policies.

frequently asked questions

In this section, we provide detailed explanations of special cases, common concerns, and other frequently asked questions to help explain complex processes.

All topics

Not sure where to look? Click here to explore all of our FAQs.

Applying for aid

Learn more about undergraduate financial aid, the FAFSA, or CSS Profile.

FAFSA and FAFSA Simplification

Learn more about the FAFSA and recent changes due to the FAFSA Simplification Act.

Financial aid

Get help with understanding your financial aid award.

Graduate students

Discover your options with graduate funding and loans, and other resources.

If you leave or withdraw

Understand what happens to your financial aid if you leave or withdraw.

Loans

Know what to expect when you take out a loan.

MITPay

Learn more about your student account and our online payment system.

Paying your bill

Get help with paying your bill.

Support resources

Learn about the different financial resources available if you are in need of support.

Veterans benefits

Find out how you can use your VA benefits at MIT.

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