of undergrads get a Pell Grant, the federal grant for lower-income students.
$61,734
average grant for students who got aid.
6.8%
of undergrads take a federal loan.
$14,000
median federal debt at graduation.
Questions people ask
How much does Massachusetts Institute of Technology cost for a family earning $60,000?
Families earning $48,000–$75,000 paid $4,283 a year on average after grants in 2024-25 (students who got federal aid). The sticker price is $85,960. Your own price depends on your family's finances; MIT's net price calculator gives a personal estimate.
How much does Massachusetts Institute of Technology cost for a family earning $90,000?
Families earning $75,000–$110,000 paid $8,020 a year on average after grants in 2024-25 (students who got federal aid). The sticker price is $85,960. Your own price depends on your family's finances; MIT's net price calculator gives a personal estimate.
How much does Massachusetts Institute of Technology cost for a family earning $150,000?
Families earning over $110,000 paid $50,747 a year on average after grants in 2024-25 (students who got federal aid). The sticker price is $85,960. Your own price depends on your family's finances; MIT's net price calculator gives a personal estimate.
Where these numbers come from
Admit rate and applicants: Common Data Set, fall 2025 (checked Oct 31, 2026)
GPA, early rounds and wait list: Common Data Set, fall 2025 (checked Oct 31, 2026)
Cost, pay and debt: College Scorecard, 2024-25 (checked Oct 31, 2026)