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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.

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.