Skip to content ↓
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.

Cost and affordability: Estimate your cost

Most prospective undergraduates can get an estimate of their financial aid with one of two useful tools.

MyinTuition Quick College Cost Estimator

The Quick College Cost Estimator provides a quick estimate based on six questions. For a more in-depth review and to determine Pell eligibility you will need to use the Net Price Calculator.

Net Price Calculator

The Net Price Calculator will give you an in-depth estimate as to what your financial aid may look like. It will take roughly 20 minutes to complete.

Please note

Both tools are designed for first-time, full-time students. They will not be accurate for international students or federally independent students.

Results may be less accurate for families who are divorced or separated, and families who have ownership in a business. Special circumstances are considered on a case-by-case basis once you apply for financial aid.

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