Massachusetts Institute of Technology Data & Information Overview

If you want to know more about Massachusetts Institute of Technology, such as what majors does it offer, how diverse it is, how well it ranks, and more, this is your one-stop resource. Want to dig deeper into a particular stat? Just click on its tile and you'll be taked to a more in-depth page on the figure. In addition, you can use the links below to quickly jump to any section on this page.

• Rankings
• Admission and Acceptance
• Faculty
• Retention and Graduation Rates
• Diversity
• Cost
• Student Debt
• Average Earnings
• Location
• Majors
• Online Learning
• Related Schools

How Well Is Massachusetts Institute of Technology Ranked?

2021 Rankings

In its yearly rankings, College Factual analyzes over 2,000 colleges and universities to determine which ones are the best in a variety of categories, such as overall value, quality, diversity, which schools are the best for each major, and much more.

Massachusetts Institute of Technology was awarded 144 badges in the 2021 rankings. The highest ranked major at the school is general business/commerce.

Overall Quality

According to College Factual's 2021 analysis, MIT is ranked #5 out of 1,715 schools in the nation that were analyzed for overall quality. This puts it in the top 1% of all schools in the nation!

MIT also holds the #2 spot on the Best Colleges in Massachusetts ranking.

See all of the rankings for Massachusetts Institute of Technology.

Is It Hard to Get Into MIT?

Acceptance Rate

Even if you have the best grades and high test scores, that may not be enough to get into MIT since the school has one of the most selective in the country. Its acceptance rate is a mere 7%, so there's no shame if you don't get in. Be sure to apply to other schools just in case.

Average Test Scores

About 72% of students accepted to MIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 720 and 770. Math scores were between 770 and 800.

MIT received ACT scores from 55% of accepted students. When looking at the 25th through the 75th percentile, ACT Composite scores ranged between 33 and 35.

Learn more about Massachusetts Institute of Technology admissions.

Massachusetts Institute of Technology Faculty

Student to Faculty Ratio

At MIT, the student to faculty ratio is an excellent 3 to 1. That's much better than the national average of 15 to 1. This indicates that many classes will probably be small, and students will have ample opportunites to work closely with their professors and classmates.

Percent of Full-Time Faculty

When estimating how much access students will have to their teachers, some people like to look at what percentage of faculty members are full time. This is because part-time teachers may not have as much time to spend on campus as their full-time counterparts.

The full-time faculty percentage at Massachusetts Institute of Technology is 99%. This is higher than the national average of 47%.

Retention and Graduation Rates at Massachusetts Institute of Technology

Freshmen Retention Rate

Massachusetts Institute of Technology has a freshmen retention rate of 99%. That's a good sign that full-time students like the school and their professors enough to want to stick around for another year. It's also a sign that the admissions team did a good job in choosing applicants who were a good fit for the school.

Graduation Rate

Students are considered to have graduated on time if they finish their studies within four years. At MIT the on-time graduation rate of first-time, full-time students is 82%. That is great when compared to the national average of 33.3%

Find out more about the retention and graduation rates at Massachusetts Institute of Technology.

Excellent Overall Diversity at MIT

During the 2017-2018 academic year, there were 4,602 undergraduates at MIT with 4,557 being full-time and 45 being part-time.

MIT Diversity Score

For each college and university, College Factual calculates an overall diversity score that takes four factors into account: gender, ethnicity, age, and home location of the student. Then, the schools with the best mixtures of students with respect to these factors are ranked the highest.

With an overall score of 99.83 out of 100, MIT is one of the most diverse schools in the nation.

Get more detailed information on diversity and student demographics at Massachusetts Institute of Technology.

How Much Does Massachusetts Institute of Technology Cost?

The overall average net price of MIT is $18,278. The affordability of the school largely depends on your financial need since net price varies by income group. See the table below for the net price for different income groups.

Net Price by Income Group for MIT

$0-30 K	$30K-48K	$48-75	$75-110K	$110K +
$7,581	$3,343	$2,938	$9,303	$40,757

The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.Note that the net price is typically less than the published for a school. For more information on the sticker price of MIT, see our tuition and fees and room and board pages.

Student Loan Debt

It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At MIT, approximately 11% of students took out student loans averaging $8,754 a year. That adds up to $35,016 over four years for those students.

The student loan default rate at MIT is 0.6%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.

Get more details about paying for Massachusetts Institute of Technology.

How Much Money Do MIT Graduates Make?

Yearly salaries vary depending on what you major in, but on average, bachelor's degree recipients from MIT make around $104,700 per year during the early years of their employment. That's great news for MIT students since it is 163% more than the average college graduate's salary of $39,802 per year.

See which majors at Massachusetts Institute of Technology make the most money.

Location of Massachusetts Institute of Technology

Massachusetts Institute of Technology is a private not-for-profit institution situated in Cambridge, Massachusetts. The location of MIT is great for students who prefer living in an urban area.

Get more details about the location of Massachusetts Institute of Technology.

Contact details for MIT are given below.

	Contact Details
Address:	77 Massachusetts Avenue, Cambridge, MA 02139-4307
Phone:	617-253-1000
Website:	web.mit.edu/
Facebook:	http://www.facebook.com/MITnews
Twitter:	http://twitter.com/mit

Massachusetts Institute of Technology Majors

During the most recent year for which we have data, students from 46 majors graduated from Massachusetts Institute of Technology. Of these students, 1,333 received undergraduate degrees and 2,537 graduated with a master's or doctor's degree. The following table lists the most popular undergraduate majors along with the average salary graduates from those majors make.

Most Popular Majors	Bachelor’s Degrees	Average Salary of Graduates
Computer Science	408	$118,100
Mechanical Engineering	185	$75,100
Mathematics	111	$120,300
Physics	86	$73,900
Chemical Engineering	51	$78,200
Electrical Engineering	51	$116,600
Aerospace & Aeronautical Engineering	48	$80,100
Biomedical Engineering	46	$62,600
Materials Engineering	39	$64,300
Mathematics & Computer Science	35	NA

Learn more about the majors offered at Massachusetts Institute of Technology along with which ones have the highest average starting salaries.

Online Learning at MIT

Online learning is becoming popular at even the oldest colleges and universities in the United States. Not only are online classes great for returning adults with busy schedules, they are also frequented by a growing number of traditional students.

In 2017-2018, 40 students took at least one online class at Massachusetts Institute of Technology. This is a decrease from the 44 students who took online classes the previous year.

Year	Took at Least One Online Class	Took All Classes Online
2017-2018	40	39
2016-2017	44	44
2015-2016	62	49
2014-2015	55	31
2013-2014	36	0

Learn more about online learning at Massachusetts Institute of Technology.

Related Schools

If you’re considering Massachusetts Institute of Technology, here are some more schools you may be interested in knowing more about.

• Columbia University in the City of New York
• Northwestern University
• Rensselaer Polytechnic Institute
• University of Notre Dame
• Washington University in St Louis

Curious on how these schools stack up against MIT? Pit them head to head with College Combat, our free interactive tool that lets you compare college on the features that matter most to you!

Notes and References

Footnotes

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

References

• National Center for Education Statistics
• College Scorecard
• Integrated Postsecondary Education Data System
• Image Credit: By InSapphoWeTrust under License

More about our data sources and methodologies.