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

What is tuition insurance?

Some students choose to take out optional tuition insurance coverage in case they need to withdraw for medical reasons. MIT offers tuition insurance through GradGuard, a third-party vendor that works with the Institute. Please note: The deadline to enroll is the day before classes begin each semester.

This is absolutely optional, but some of our students do take advantage of the protection.

Plans can provide coverage for tuition and fees, including housing and dining charges if applicable. You are eligible for up to a 100% refund—depending upon the policy you choose—if you withdraw due to a medical reason including mental health conditions. Information on the tuition insurance plan is available at GradGuard.com/Tuition/MIT.

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