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Coronavirus update:

As of Monday, March 16, the Student Financial Services team will be working remotely. You may still reach us at or 617-258-8600 during regular office hours. Read more about our 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.