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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.

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.