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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.

Will the Covid-era Grant be applied on top of the net cost or does my award already take the grant into account for the fall term?

The Covid-era Grant will be applied to your net cost. It will be applied to charges on your fall term bill. If you have any portion of it left over, you will receive a refund.

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