What to Know About Tuition & Fees
Prepare financially for your college degree. Compare Massachusetts Institute of Technology's tuition charges to other typical colleges and universities. Check for tuition trends and increases to find out if you have to allocate more resources for the next 4-6 years of tuition.
How Does Massachusetts Institute of Technology Measure Up To Other Schools?
The following table outlines how MIT measures up to other schools nationally, regionally and by state.
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How Much Will Tuition & Fees Be for MIT?
In the 2019 - 2020 academic year, regular students at MIT were billed $53,790, before adjustments for financial need. Of this amount, the cost of tuition totaled $53,450. $340 was fees. Find out more about the net price.
Unfortunately, this school does not offer any discounts to students who live in state.
Fees and tuition costs quoted on this page do not include room and board, which will increase your costs. Keep in mind a lot of students obtain financial aid and scholarships which minimize the cost of college
The following table outlines the costs defined above for the 2019 - 2020 school year.
View MIT cost per credit hour here.
Are Tuition and Fees Going Up or Down?
There has been a growth of 3.7% in Massachusetts Institute of Technology fees and tuition for out-of-state students in the past 5 years. Tuition increased by 3.8% and fees increased by 2.6%. This year, students should expect to pay $55,802 if the growth keeps up.
Due to price increases, the full cost of a four-year degree from MIT will be $236,044, and the full cost of a two-year degree would be $113,690, which doesn't include additional costs for books, transportation, and room and board.
Look at what upcoming tuition and fees will be for MIT students in the following chart.
At many schools you will end up paying more for your last year of college than you will in your first. This is due to yearly price increases. It pays to be aware!
Find our answers to frequently asked questions and get additional information about college tuition and fees.
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