How can my family make a payment if we do not have a U.S. bank account?
Most families opt to pay online, but you may also pay by check, Flywire, or TransferMate. You can learn more about how to pay internationally here.
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Paying your bill FAQs
See all Paying your bill questions- How do I pay my bill?
- When will I get my bill and when is it due?
- Can I pay my bill with a credit or debit card?
- I forgot my MITPay authorized payer username and/or password. How do I retrieve them?
- I plan to waive health insurance. Do I need to pay for it until the waiver is processed?
- When will my loans be reflected on my account?
- I thought I already signed up for direct deposit. Why do I have to do it again?
- When will my bill be updated to show my recent payment?
- Who do I contact about one of the charges on my bill?
- I have a negative balance on my bill. What does this mean?
We offer a number of different options, including a monthly payment plan for those seeking an alternative to paying in one lump sum. Visit the payment options page for details.
We will email you in mid-July for the fall term bill that is due on August 1, and mid-December for the spring term bill that is due January 2. Most term charges such as tuition, student life fee, MIT Student Health Insurance Plan, and on-campus housing appear on the first bill of each term. Other charges such as lab fees, parking, or MBTA passes are billed monthly as they are incurred. Updated statements are posted to your account on or around the 10th of each month.
MIT does not accept cash, credit card, or debit card payments for student accounts. Learn more about your payment options here.
Unfortunately, we do not have the permission to reset usernames or passwords for authorized users.
If you have forgotten your username, you will need to have your student reset your access to their account.
If you have forgotten your password, you can change it by clicking the “forgot password” link, which will send an email with instructions on how to reset your password. If no email has been received, we advise you to check your spam folder.
As long as you have submitted the health insurance waiver by the deadline, you do not need to pay for health insurance. More information on the Student Health Insurance Plan is available from MIT Health.
After you have completed the necessary loan requirements, your federal loans will disburse to your student account once your term registration becomes official, usually within the first two weeks of the term. Federal loans will be split evenly between all registered terms for the academic year. The amount of your federal loan will always be slightly more than the amount disbursed to your student account due to federal loan origination fees.
Private loan funds are received from your third-party lender and therefore the date the funds are sent to MIT is determined by your lender. Most private lenders will notify you that your funds have been sent to MIT.
If your financial aid exceeds your charges, or your account is overpaid, you may be eligible for a refund, available after registration, which can be used for your out-of-pocket expenses, such as books and supplies. You must sign up for direct deposit in MITPay before requesting these funds.
To be paid for employment at MIT you must also sign up for Payroll Direct Deposit in Atlas.
MITPay and Atlas are two unique systems; you must fill out both direct deposit forms to receive their corresponding services.
Online payments made through MITPay are reflected in your student account immediately. Payments made via check, Flywire, or TransferMate, are updated upon receipt. Bills are updated monthly around the 10th of each month.
The charges on your student account originate from different MIT departments. SFS is responsible for billing you for those charges. For a question about a specific charge please contact the MIT department where the charge originated. The department contact information is listed on your MITPay statement on the same line as the charge.
A negative balance indicates that your bill was overpaid and that you may be eligible for a refund. You may only receive your refund after the semester starts and your anticipated credits are disbursed to your student account.