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Update August 17:

To learn more about MIT’s changes to the fall 2020 cost of attendance as well as the Covid-era grant, please see our 2020 financial support page and our expanded FAQ page. You can also read more about the evolving policies and other key questions related to MIT’s COVID-19 response.

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?

Our goal is to have all awards updated by the first bill of the semester on August 10. If you are approved through SHARP to alter your plans, the financial aid team will revise the housing allowance on your award. We will email you at your MIT email address if/when your award has been revised.

The charges for health insurance will appear on your August bill. For detailed information about health insurance for the coming year or how to waive it, please visit the MIT Medical websiteAnd please note the deadline to waive insurance is August 27!

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