Tuition, Cost & Aid

Everyone in the academic world knows MIT and with good reason. MIT is one of the top Universities in the world. The benefits from having MIT on your resume cannot be expressed in terms of money. In the job market the allure of an MIT graduate is reliability. Proving yourself in an MIT classroom assures excellence, and employers know this.

The opportunities available are amazing. Starting from freshman year you can participate in research with professors in any field. Classes are open to all students in all departments, so even if you are not majoring in something you can still take classes in it.

MIT is expensive, but for the most part, they have good financial aid, and even if you have to pay out of pocket, I would say that MIT is one of the few schools that are worth it.

Not only do you get the experience of being at MIT, surrounded by the Institvte, but you also get name recognition, which actually is incredibly helpful.

my financial aid package was amazing. i won full-tuition merit scholarships at two schools but mit (which only has need based aid, no merit) topped even that. by far the most affordable place i applied (ignore the sticker price and wait for your aid package)

The money you pay to go to MIT isn't primarily for the academics. As with many top schools, it is for the sheer number of activities you can be involved in, the prospective internship and professional activities you can be exposed to and last but not least, the connections you can build amongst not only fellow students, but the faculty who have already achieved monumental breakthroughs and continue doing so today. Though it may be expensive, coming to MIT will pay off; the catch is that you must be able to push yourself, work hard, and ACTIVELY search for the opportunities lying around for you. Also, financial aid here is pretty good; over 58% of the student body takes on financial aid that does not need to be repaid (grants, scholarships, etc).

MIT is definitely worth its steep tuition. The education is one of the best in the world and opportunities for both students and alumni are unending. The reputation that MIT has in science, mathematical, engineering and other fields is incredible, and the alumni network helps graduating students to find almost any job they want.

When you get an education at MIT, businesses look for you. When you graduate, you will have no trouble paying off the bills that you acquired while attending.

What you get from MIT is what you make of your education. There are resources available, but it is up to you to take advantage of them. Otherwise, MIT is not worth $55k unless you have masochistic tendencies. The UROPs alone (see Tips below) validate the cost of attendance. Generally speaking, the opportunity to publish as an undergrad is dismal and often times difficult. MIT is designed to be collaborative (the problem sets are so difficult they’re nearly impossible to complete individually), and professors love help in their research, especially from whom better than an MIT student? Making it through your first year already shows competence and reliability, so remember to be assertive and outgoing because you’ve earned it.

And if you don't have the buck, financial aid is need-based so the Institute has you covered.

Sure you end up paying a lot, but for the education it is definitely worth it. People respect not only the MIT name, but the students who graduate from the institute as well and are impressed by our level of work and standards.