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Update August 17:

To learn more about MIT’s changes to the fall 2020 cost of attendance as well as the Covid-era grant, please see our 2020 financial support page and our expanded FAQ page. You can also read more about the evolving policies and other key questions related to MIT’s COVID-19 response.

Our approach to aid: Estimate your aid

Most prospective undergraduates can get an estimate of their financial aid with the net price calculator.

Use the Net Price Calculator developed by College Board to begin exploring options for financing your education.

Completing the calculator should take roughly 20 minutes. You will need to answer some basic questions about your parents’ financial situation so it might be helpful to have recent tax forms or pay stubs on hand before you begin.

Other financial aid tools, resources, and calculators can be found on the College Board’s Big Future website.