by our College Data Analytics TeamSee current tuition and fees for Massachusetts Institute of Technology, plus how they stack up against other schools and where they may be headed.
In the latest reported year, tuition and fees at Massachusetts Institute of Technology ran $62,396 per year for undergraduates. There is no in-state discount at this school.
Of that total, required fees were $406; the remaining amount is tuition.
| Most Recent Reported Year | |
|---|---|
| Tuition | $61,990 |
| Fees | $406 |
| Total | $62,396 |
These tuition and fee numbers are for one year of attendance and exclude room and board.
Keep in mind that many students qualify for financial aid and scholarships that bring down the real cost they pay. The totals here are the list price.
How much does Massachusetts Institute of Technology cost for part-time students? See the Cost Per Credit Hour page to find out.
To see where that lands, here is how Massachusetts Institute of Technology costs compare against other schools. Each rating shows whether the school runs above or below that group’s average.
| Nationwide | In MA | Similar Colleges | |
|---|---|---|---|
| Tuition & Fees | Expensive | Expensive | Expensive |
Compared to colleges across the country, Massachusetts Institute of Technology is relatively pricey.
Bear in mind that aid packages often lower the real cost well below these published figures. Review the Massachusetts Institute of Technology Financial Aid page for more.
Here’s how tuition at Massachusetts Institute of Technology has shifted over recent reported years.
| Year | Tuition |
|---|---|
| Three Years Ago | $55,510 |
| Two Years Ago | $57,590 |
| One Year Ago | $59,750 |
| Most Recent Year | $61,990 |
The chart here shows how tuition at MIT has tracked over the reported years.
Most recently, tuition moved up 3.7%. Holding that rate for one more year would put tuition + fees near $64,735 next year.
Tuition generally rises year after year at most schools, so the cost in your final year will likely top today’s number.
Get answers to frequently asked questions about college tuition and fees for additional detail.
Over the reported years, tuition and fees grew at an average annual rate of 3.75%, so a year from now students could pay around $64,733.
At the same pace, the next five years of tuition and fees would project as follows:
| Academic Year | Tuition & Fees |
|---|---|
| Next Year | $64,733 |
| In 2 Years | $67,157 |
| In 3 Years | $69,672 |
| In 4 Years | $72,282 |
| In 5 Years | $74,989 |
When you map out how you’ll pay, build in these annual increases — the running four-year out-of-state total projects near $273,844.
Tuition is just the starting figure — grant aid and scholarships often reduce the actual price families pay.
For details on financial aid availability at Massachusetts Institute of Technology, visit the Massachusetts Institute of Technology Financial Aid page.
