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Paying your bill: Payment options

We do our best to make it easy for you and your family to pay your bill. We offer a number of different options, including a monthly payment plan for those seeking an alternative to paying in one lump sum.

There are four ways for you to pay your bill:

  • MITPay (fast, easy, and online)
  • Flywire (domestic and international wire payments)
  • Check
  • Sponsored billing

MIT does not accept cash, credit card, debit card, or direct wire payments for student accounts.

MITPay

MITPay is the best way to send electronic payments from a U.S. bank account or international Flywire payments to MIT. It’s secure, paperless, and there’s no additional charge. There are two different ways to access MITPay:

Flywire

Flywire is a third-party company partnering with MIT to streamline international payments and domestic wire transfers. With Flywire, you can monitor your payment throughout the transaction process and will receive confirmation once your payment has been sent to MIT.

Payments in excess of the determined cost of attendance for a term cannot be accepted, and will be returned in their entirety. See our policies for more details.

Please note: Wire payments may take several business days to appear on your student account.

To access Flywire, log in to MITPay.

Check

You are also welcome to pay by check. Just remember that all checks must be from a U.S. bank and be payable in U.S. dollars. We accept personal checks, as well as checks from 529 Savings Accounts, employers, or government agencies.

Please include the student’s name and MIT ID number on the check and make it payable to the Massachusetts Institute of Technology.

When sending your check, please include the billing statement if possible and mail it to one of the following addresses:

Massachusetts Institute of Technology
P.O. Box 412869
Boston, MA 02241-2869

or

Massachusetts Institute of Technology
Attn: Student Financial Services
77 Massachusetts Avenue, Room 11-120
Cambridge, MA 02139-4307

Scholarship foundation checks

If you have a check from a scholarship foundation, we ask that you send it to our office at the following address:

Massachusetts Institute of Technology
Attn: Student Financial Services
77 Massachusetts Avenue, Room 11-120
Cambridge, MA 02139-4307

All checks must be from a U.S. bank and be payable in U.S. dollars. Please include the student’s name and MIT ID number on the check.

Please note: Some organizations send the full amount of your scholarship to MIT in one lump sum. If you, or your scholarship organization, do not let us know how to distribute your award (all to one semester or split evenly between the two), the funds will be distributed evenly between the fall and spring semesters.

Sponsored billing

Sponsored billing means a qualified third party—such as a U.S. or foreign company, U.S. government department or agency, or a pre-paid college plan—is paying for your tuition and fees. If you are being reimbursed by your employer, this is not considered sponsored billing.

We accept documents through October 1 for the fall term and March 1 for the spring term.

Detailed information for both students and sponsors is available on the sponsored billing page.