Admissions and Test Scores
Acceptance Rate
4.74%
SAT Average
1,553
ACT Range
34-36
Massachusetts Institute of Technology Acceptance Rate Trend
The current College Scorecard value in this local dataset is 4.74%. This means approximately 47 applicants were admitted per 1,000 who applied, based on the local dataset enrollment of 4,571 undergraduates. Historical year-by-year acceptance rate data will appear here after multi-year College Scorecard releases are imported.
Current dataset
4.74%
Current trend marker with historical import pending
Tuition, Net Price and Aid
| Metric | School value | Context | Source |
|---|---|---|---|
| Accreditation | New England Commission on Higher Education | Institutional accreditor where reported | Verify |
| In-state tuition | $60,156 | National avg: $20,567 | Verify |
| Out-of-state tuition | $60,156 | National avg: $20,567 | Verify |
| Attendance cost | $79,850 | Use with aid and net price | Verify |
| Average net price | $19,813 | State avg: $23,961. National avg: $17,506 | Verify |
| Pell grant rate | 18.96% | Federal need-based grant indicator | Verify |
| Federal loan rate | 6.57% | Share using federal loans | Verify |
What Does Massachusetts Institute of Technology Cost?
Total cost of attendance vs average net price after grants and aid, based on the local College Scorecard dataset.
Tuition
$60,156
Room and board
$19,390
Books and supplies
$880
Other expenses
$2,304
Fees and remainder
$0
Sticker price
$79,850
Average net price
$19,813
Average aid coverage
75%
$60,037 below sticker price on average
What You Pay
Based on available data, the average student at Massachusetts Institute of Technology pays approximately $19,813 per year after grants and aid. This is below the Massachusetts average of $23,961 and above the national average of $17,506.
How Affordable Is Massachusetts Institute of Technology?
Average net price after grants and scholarships, compared to Massachusetts and national averages.
Massachusetts Institute of Technology net price
$19,813
Massachusetts average
$23,961
National average
$17,506
Massachusetts Institute of Technology Tuition and Net Price Trend
The current imported dataset shows tuition at $60,156 and average net price at $19,813. A multi-year trend chart will appear here after historical College Scorecard release tables are imported.
Current tuition
$60,156
Current net price
$19,813
Current-year comparison is shown now; historical bars will replace this fallback once multi-year College Scorecard releases are imported.
Student Outcomes
Completion Rate (150% Time)
96.08%
Full-time, first-time students completing within 150% of normal time.
10-Year Earnings
$143,372
Undergraduates
4,571
10-Year Median Earnings - Massachusetts Institute of Technology vs Peers
Median earnings 10 years after enrollment. Source: College Scorecard federal dataset.
Massachusetts Institute of Technology graduates earn about 3.3x the national average 10 years after enrollment, based on schools with reported earnings data.
Who Attends Massachusetts Institute of Technology?
Undergraduates
4,571
Completion rate
96.08%
Above national average; national avg: 52.02%
Pell recipients
18.96%
Below national average; national avg: 42.32%
Federal loan rate
6.57%
Below national average; national avg: 40.83%
Completion vs national average
Pell grant recipients
Federal loan usage
Financial Aid
About 18.96% of Massachusetts Institute of Technology students receive federal Pell grants, indicating the share of students receiving this need-based aid in the local dataset. 6.57% take federal loans, which helps families understand borrowing patterns alongside net price.
Estimate Your Net Price at Massachusetts Institute of Technology
Select a family income bracket to see the average net price students in that range paid. Data comes from College Scorecard income-bracket averages when available.
Estimated net price for :
This estimate is based on College Scorecard averages for students in this income range who received federal aid. Actual amounts vary. Use Massachusetts Institute of Technology's official Net Price Calculator for a personalized figure.
Accreditation
Massachusetts Institute of Technology lists New England Commission on Higher Education as its accreditor in the local dataset. Institutional accreditation is an important trust signal and can affect federal financial aid eligibility. Accreditation means an external agency has reviewed academic quality and institutional standards, which helps families verify whether federal aid pathways such as Pell grants and federal loans may apply.
Visit AccreditorCampus and Location
Massachusetts Institute of Technology is listed at 77 Massachusetts Avenue, Cambridge, MA 02139-4301. Accreditor: New England Commission on Higher Education.
Compare Schools
Compare Massachusetts Institute of Technology with nationally comparable peer institutions across acceptance rate, tuition, net price and 10-year earnings. Click any school name to open its full profile.
| School | Accept. rate | Out-of-state tuition | Avg net price | 10-yr earnings |
|---|---|---|---|---|
| Massachusetts Institute of Technology | 4.74% | $60,156 | $19,813 | $143,372 |
| Franklin W Olin College of Engineering | 21.66% | $64,458 | $20,575 | $129,455 |
| MCPHS University | 85.21% | $38,850 | $35,084 | $125,557 |
| Babson College | 19.74% | $56,032 | $38,876 | $123,938 |
| Bentley University | 48.44% | $58,150 | $38,787 | $120,959 |
Similar Schools in Cambridge
This local cluster focuses on nearby Cambridge schools, not national peers. Use it to compare local net price, acceptance rate and enrollment options around Cambridge.
Frequently Asked Questions
What is Massachusetts Institute of Technology's acceptance rate?
Massachusetts Institute of Technology's acceptance rate in the local dataset is 4.74%.
How much is Massachusetts Institute of Technology tuition?
Massachusetts Institute of Technology's out-of-state tuition in the local dataset is $60,156.
What is Massachusetts Institute of Technology's average net price?
Massachusetts Institute of Technology's average net price in the local dataset is $19,813.
What does Massachusetts Institute of Technology cost for families earning under $30,000?
College Scorecard income-bracket data shows an average net price of $-4,129 for Massachusetts Institute of Technology students from families earning under $30,000. Actual costs vary; use the official net price calculator for a personalized estimate.
What is Massachusetts Institute of Technology's average earnings 10 years after enrollment?
The local dataset reports 10-year median earnings of $143,372 for Massachusetts Institute of Technology.
Is Massachusetts Institute of Technology accredited?
Massachusetts Institute of Technology's accreditor in the local dataset is New England Commission on Higher Education.
How many students attend Massachusetts Institute of Technology?
The local dataset lists 4,571 undergraduate students at Massachusetts Institute of Technology.
What percentage of Massachusetts Institute of Technology students receive Pell grants?
The Pell grant rate for Massachusetts Institute of Technology in the local dataset is 18.96%.
What is the federal loan rate at Massachusetts Institute of Technology?
The federal loan rate for Massachusetts Institute of Technology in the local dataset is 6.57%.
Where should I verify Massachusetts Institute of Technology data?
Use this page for comparison, then verify admissions, tuition, net price and student outcomes directly with Massachusetts Institute of Technology or the latest official federal education data.