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Types of aid: MIT Scholarships

The most common type of aid is the MIT Scholarship. If you receive one, it is a grant that does not need to be repaid.

Our scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds. 58% of our undergraduates receive MIT Scholarships that average $45,542 per student.

All students who apply for financial aid and fill out the CSS Profile01 The online financial aid application from the College Board’s College Scholarship Service (CSS). It is used by many private colleges and universities, like MIT, to award financial aid.   are automatically considered for an MIT Scholarship.

We also ask students to fill out an annual Student Information Review Form so that we can match you with the right scholarship from the right donor. Our scholarship donors often take an interest in learning about the recipients, so we may ask you to write to yours and thank them for their support.

  1. The online financial aid application from the College Board’s College Scholarship Service (CSS). It is used by many private colleges and universities, like MIT, to award financial aid. back to text