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Update January 4: Have questions about financial aid? Check out the undergrad financial aid section of our site. Learn more about the 2020–2021 academic year by visiting our  FAQ page, financial support page for undergrads, or MIT’s COVID-19 response site.

Why does my award letter say that my net cost is the same, even though I was awarded a $5,000 Covid-era grant?

In order to award you the $5,000 Covid-era grant, we also increased the expense line in your cost of attendance. This will make it look like your total net cost is the same, even though your actual net cost is reduced by the full $5,000.

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