Frequently Asked Questions
- How will financial aid and the Covid-era grant work in Spring 2021?
- How are my housing and meal plan impacted if I take a leave of absence mid-semester?
- What happens if I move to campus mid-semester?
- What happens if I leave campus before November 22?
- I’m not eligible to work an hourly paid position; does this affect my expected MIT work contribution?
- I’m an undergraduate student living abroad; can I do remote paid work?
- What happens to my financial aid if I stay at MIT for more than the standard number of semesters?
- I’m staying on campus until November 22. Will I receive a refund for housing and dining costs after I leave campus in November?
- If I am allowed to stay on campus after November 22, how will the additional housing/dining charges impact my payment plan?
- If I’m not on campus will I still have to pay for the extended health insurance?
- When will you update my financial aid award with my actual room and board? Will my financial aid be updated with new health insurance and room and board allowances if I am on campus for both semesters or not at all?
- My expected parent and student contribution did not change after my financial aid award was recalculated. How come?
- Will the Covid-era Grant be applied on top of the net cost or does my award already take the grant into account for the fall term?
- How can I figure out how much I actually need to pay to MIT?
- On my financial aid award, there is $12,000 listed for Room & Board as a direct cost. Is this for both semesters, including the indirect charge for my off-campus semester?
- Why does my award letter say that my net cost is the same, even though I was awarded a $5,000 Covid-era grant?
- I will not be living on campus after November 22; will I get a refund on my housing and dining costs?
- I am not able to leave campus in November due to extenuating circumstances; will I be able to stay on campus?
- I have already received a financial aid award. Will my aid change?
- When will I receive my revised financial aid award?