How billing works

How do I view and pay for my bill?

Log in to WebSIS⁠01 WebSIS is MIT’s secure online system that allows enrolled students to view their academic, financial, and biographical records.   to access MITPay, MIT’s secure online payment system. Through MITPay, you can:

You (and any authorized users⁠02 An authorized user is a person—most often a family member, parent, or spouse—who is designated by a student to have access to their monthly bill and make payments using MITPay.   ) will receive an email notification when a new billing statement is available in MITPay, and payment is due on the 1st of the following month. See payment deadlines and requirements for more information.

Student Login → Authorized User Login →

What’s on my bill and when?

First term bill

Your first term bill is posted before the start of each term: the fall term bill is posted in mid-July and the spring term bill is posted in mid-December. Most components of the cost of attendance, such as tuition, fees, the MIT Student Health Insurance Plan (MIT SHIP)⁠03 The <a href="https://mit.myahpcare.com/">MIT SHIP</a> charge always appears on your first term bill. If you <a href="https://sfs.mit.edu/help/faq/how-do-i-submit-a-health-insurance-waiver/">submit a waiver</a> by August 15, you will not need to pay for the MIT SHIP charge on your first term bill. If your waiver is rejected, you must pay for the additional coverage on the following monthly bill. You must submit a waiver each year you wish to opt out of MIT SHIP.   , and undergraduate on-campus housing, appear on the first bill of the term.

Monthly billing statements

You are billed monthly on the 10th for any additional incidental charges or credits. Charges may include meal plans, on-campus graduate housing, TechCASH,⁠04 A spending program for MIT students, employees, and affiliates, where participants deposit money into their TechCASH account and then use their MIT ID to make purchases on and off campus.   parking, MBTA passes, and library fines are billed monthly as they are incurred.

You may see credits based on your choices as related to housing, meal plan, or the health insurance waiver.

See our breakdown of the bill for more information.

How is financial aid disbursed?

If you receive financial aid (scholarships, grants, tuition awards, fellowships, and/or student loans), we apply it equally across the number of terms in your academic year. For most students the academic year is two semesters: fall and spring. However, for some graduate students, it may be three semesters: fall, spring, and summer.

How are Veterans benefits disbursed?

Veterans tuition benefits are applied to your student account when we receive funds from the VA. This usually occurs 2 months after the start of the semester. In the interim, we apply a credit of anticipated funds to your bill — equivalent to the amount of your VA tuition benefits — so that your balance is accurate throughout the term.

If you are expecting VA tuition benefits but don’t see anticipated funds on your bill, we may not have received your VA benefits questionnaire for the semester. We send the questionnaire to your MIT email address before the start of each term, and it must be completed every semester that you wish to have benefits certified.  If you have any questions about your credit of anticipated funds or other VA benefits related questions, please contact us at VA@mit.edu

  1. WebSIS is MIT’s secure online system that allows enrolled students to view their academic, financial, and biographical records.⁠ ↑
  2. An authorized user is a person—most often a family member, parent, or spouse—who is designated by a student to have access to their monthly bill and make payments using MITPay.⁠ ↑
  3. The MIT SHIP charge always appears on your first term bill. If you submit a waiver by August 15, you will not need to pay for the MIT SHIP charge on your first term bill. If your waiver is rejected, you must pay for the additional coverage on the following monthly bill. You must submit a waiver each year you wish to opt out of MIT SHIP.⁠ ↑
  4. A spending program for MIT students, employees, and affiliates, where participants deposit money into their TechCASH account and then use their MIT ID to make purchases on and off campus.⁠ ↑