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Update March 18: Learn more about the current academic year by visiting our FAQ page, financial support page for undergrads, or MIT’s COVID-19 response site.

What is a half-installment for the tuition shortfall payment deduction option, and how do I calculate it?

Payroll deduction occurs twice a month while payments for the tuition shortfall payment plan are due once a month. This means each payroll deduction is half of that month’s installment. Depending on when you sign up for the payroll deduction, you may need to make up a portion of the installment payment. For example, if you enroll in the payment plan mid-month, you would need to pay for the first half of the monthly installment directly. Visit our tuition shortfall page for more information.

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