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Paying your bill: Payment deadlines and requirements

Your bill is due at the beginning of each term, with additional incidental charges billed monthly. Learn more about important deadlines and requirements below.

Important deadlines

Components of the annual student budget are billed twice each year.

  • July 10: Fall bill is available for viewing
  • August 1: Fall bill is due
  • December 10: Spring bill is available for viewing
  • January 1: Spring bill is due

Other deadlines

You are billed monthly by the 10th of the month for any additional charges you incur—this may include graduate student on-campus housing, TechCash, library fines, or medical charges. Payment is always due on the 1st of the following month.

As a courtesy to our students and their authorized users, we send email reminders each time a billing statement is generated. Student reminders go to the official MIT email address on record.

Meeting payment deadlines

When students register for any class at MIT the student agrees to the Student Financial Responsibility Agreement in which the student accepts full responsibility to pay all tuition, fees and other associated costs01 The fine print: MIT may assess late charges, suspend registration and access to various student services (libraries, dining, computing resources, Institute housing, etc.), withhold a degree, and charge collection costs and fees if all charges are not paid. MIT and its agents and contractors will contact a student using current directory or future contact information, including any cellular phone number(s), email address(es), or wireless device(s), regarding a student’s account(s) and/or student loan(s).   assessed as a result of registration and/or receipt of services.

Please contact your Counselor for Customer Service to resolve any unanticipated financial problems.

Returned checks

If a payment is returned by your bank, we will require a new payment immediately and we will charge your student account with a $30 fee. Your bank may also charge you for the returned check.

Unpaid balance

A student who fails to make satisfactory arrangements for payment will have a registration or degree hold imposed and a hold fee of $100 will be charged to the student account. The balance due, including the hold fee, must be paid in full before a hold will be released.

As a courtesy to you and your family, we send notifications throughout the term to students with past due bills who have not made satisfactory arrangements.

Withdrawal

If you leave or withdraw from MIT, you are still responsible for paying the full amount due on your MITPAY statement, or making satisfactory payment arrangements with the Assistant Director for Student Account Collection (ewolcott@mit.edu). Should your account be sent to an outside agency, you may be reported to credit bureau agencies and may be responsible for any collection fees, including reasonable attorney’s fees that we incur in such collection efforts.

  1. The fine print: MIT may assess late charges, suspend registration and access to various student services (libraries, dining, computing resources, Institute housing, etc.), withhold a degree, and charge collection costs and fees if all charges are not paid. MIT and its agents and contractors will contact a student using current directory or future contact information, including any cellular phone number(s), email address(es), or wireless device(s), regarding a student’s account(s) and/or student loan(s). back to text