Paying for Massachusetts Institute of Technology

For academic year 2019-2020, the tuition & fees is $53,450 at Massachusetts Institute of Technology. The graduate school tuition & fees is $56,719.
The living costs including room, board, and other expenses are $18,550 when a student lives on campus at Massachusetts Institute of Technology.

  • Undergraduate Tuition: $53,450
  • Graduate Tuition: $56,719

Explorer Massachusetts Institute of Technology

Cost of Attendance (COA)

For academic year 2019-2020, the tuition & fees is $53,450 at Massachusetts Institute of Technology. The graduate school tuition & fees is $56,719. 64 out of total 4,361 undergraduate students (1%) received financial aid(grants or scholarship) and the average amount of the aid is $50,864.
The living costs including room, board, and other expenses are $18,550 when a student lives on campus at Massachusetts Institute of Technology. The total cost of attendance (COA) is $72,820 before receiving financial aid and the net price with financial aid is $21,956.
Massachusetts Institute of Technology 2020 Cost of Attendance
Tuition & Fees$53,450 (2020)
Living Costs$18,550 (On-campus)
Cost of attendance
Living on Campus$73,160
Average Financial Amount$50,864
Net Price after Aid
Living on Campus$22,296

MIT 2020 Tuition & Fees

For academic year 2019-2020, the tuition & fees of Massachusetts Institute of Technology are $53,450 for undergraduate programs. The undergraduate tuition & fees are increased by 3.78% compared to previous academic year. The graduate tuition & fees are $56,719. The graduate tuition & fees are increased by 3.79% compared to previous academic year.
2019-2020 Tuition & fees at Massachusetts Institute of Technology
UndergraduateGraduate
TuitionFeesTuitionFees
2015-2016$46,400$304$46,400$2,872
2016-2017$48,140$312$48,140$3,108
2017-2018$49,580$312$49,580$3,312
2018-2019$51,520$312$51,520$3,456
2019-2020$53,450$340$53,450$3,609
2020-2021$53,450-$53,450$3,269

MIT 2020 Living Costs

For academic year 2019-2020, the living costs are $16,389 when a student lives on-campus housing facilities (i.e. dormitory, school owned apartments, etc.) at Massachusetts Institute of Technology. On-campus living costs are increased by 5.35% compared to previous academic year.
2019-2020 Living Costs at Massachusetts Institute of Technology
Living On-Campus
Room & BoardOther Expense
2015-2016$13,730$1,816
2016-2017$14,210$1,816
2017-2018$14,720$1,818
2018-2019$15,510$2,098
2019-2020$16,390$2,160
2020-2021$16,000$2,182

MIT 2020 Tuition per Credit Hour

For academic year 2019-2020, the tuition per credit hour at Massachusetts Institute of Technology is $830 for undergraduate programs. The undergraduate tuition per credit hour are increased by 3.75% compared to previous academic year. the tuition per credit hour for graduate programs is $830 at Massachusetts Institute of Technology. The graduate tuition per credit hour are increased by 3.75% compared to previous academic year.
2019-2020 Tuition per Credit Hour Massachusetts Institute of Technology
UndergraduateGraduate
2015-2016$725$725
2016-2017$750$750
2017-2018$770$770
2018-2019$800$800
2019-2020$830$830
2020-2021$860$860

MIT 2020 Book & Supply Costs

For academic year 2019-2020, The average books & supplies cost at Massachusetts Institute of Technology is $820. The book & supply costs are increased by 2.50% compared to previous academic year.
2019-2020 Costs for Books & Supplies Massachusetts Institute of Technology
Books & Supplies Costs
2015-2016$1,000
2016-2017$1,000
2017-2018$1,000
2018-2019$800
2019-2020$820
2020-2021$830

MIT Alternative Tuition Plans

Massachusetts Institute of Technology offers alternative tuition plans including Tuition payment plan.
Alternative Tuition Plans offered by Massachusetts Institute of Technology
Tuition guaranteed plan
Prepaid tuition plan
Tuition payment plan
Other alternative tuition plan

Highest Tuition in Massachusetts

See Colleges having the highest tuition & fees in Massachusetts
MGH Institute of Health Professions (MGH Institute of Health Professions) is a Private, 4 years school located in Boston, MA. The 2020 tuition & fees is $78,241. The school has a total enrollment of 1,269 and student to faculty ratio is 10 to 1 (10.00%).
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Amherst College (Amherst) is a Private, 4 years school located in Amherst, MA. The 2020 tuition & fees is $60,890. The school has a total enrollment of 1,745 and student to faculty ratio is 7 to 1 (14.29%).
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Tufts University (Tufts) is a Private, 4 years school located in Medford, MA. The 2020 tuition & fees is $60,862. The school has a total enrollment of 12,219 and student to faculty ratio is 10 to 1 (10.00%).
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Boston College (Boston) is a Private, 4 years school located in Chestnut Hill, MA. The 2020 tuition & fees is $60,202. The school has a total enrollment of 14,934 and student to faculty ratio is 14 to 1 (7.14%).
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Bard College at Simon's Rock (Simon's Rock) is a Private, 4 years school located in Great Barrington, MA. The 2020 tuition & fees is $60,019. The school has a total enrollment of 343 and student to faculty ratio is 6 to 1 (16.67%).
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Lowest Tuition in Massachusetts

See Colleges having the lowest tuition & fees in Massachusetts (4 years colleges)
Massachusetts General Hospital Dietetic Internship (Massachusetts General Hospital Dietetic Internship) is a Private, 4 years school located in Boston, MA. The 2020 tuition & fees is $7,550. The school has a total enrollment of 22.
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William James College (William James) is a Private, 4 years school located in Newton, MA. The 2020 tuition & fees is $10,625. The school has a total enrollment of 805 and student to faculty ratio is 7 to 1 (14.29%).
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National Graduate School of Quality Management (National Graduate School of Quality Management) is a Private, 4 years school located in Falmouth, MA. National Graduate School of Quality Management is a completely online college that all programs/degrees are offered via distance education.The 2020 tuition & fees is $11,810. The school has a total enrollment of 268 and student to faculty ratio is 10 to 1 (10.00%).
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New England College of Business and Finance (New England College of Business and Finance) is a Private, 4 years school located in Boston, MA. New England College of Business and Finance is a completely online college that all programs/degrees are offered via distance education.The 2020 tuition & fees is $12,120. The school has a total enrollment of 1,237 and student to faculty ratio is 13 to 1 (7.69%).
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University of Phoenix-Massachusetts (Phoenix-Massachusetts) is a Private, 4 years school located in Braintree, MA. The 2020 tuition & fees is $12,318. The school has a total enrollment of 4 and student to faculty ratio is 3 to 1 (33.33%).
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Rivalry Schools to MIT

Compare similar and rivalry schools to Massachusetts Institute of Technology with admission, tuition, and more academic facts.

Brown University (Brown) is a Private, 4 years school located in Providence, RI. The 2020 tuition & fees is $60,584. The school has a total enrollment of 9,948 and student to faculty ratio is 6 to 1 (16.67%).
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University of Pennsylvania (UPenn) is a Private, 4 years school located in Philadelphia, PA. The 2020 tuition & fees is $60,042. The school has a total enrollment of 26,552 and student to faculty ratio is 6 to 1 (16.67%).
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Columbia University in the City of New York (Columbia University) is a Private, 4 years school located in New York, NY. The 2020 tuition & fees is $60,532. The school has a total enrollment of 30,135 and student to faculty ratio is 6 to 1 (16.67%).
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Princeton University (Princeton) is a Private, 4 years school located in Princeton, NJ. The 2020 tuition & fees is $48,502. The school has a total enrollment of 7,853 and student to faculty ratio is 4 to 1 (25.00%).
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Harvard University (Harvard) is a Private, 4 years school located in Cambridge, MA. The 2020 tuition & fees is $53,968. The school has a total enrollment of 30,391 and student to faculty ratio is 5 to 1 (20.00%).
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University of Chicago (Chicago) is a Private, 4 years school located in Chicago, IL. The 2020 tuition & fees is $59,298. The school has a total enrollment of 17,834 and student to faculty ratio is 5 to 1 (20.00%).
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Yale University (Yale) is a Private, 4 years school located in New Haven, CT. The 2020 tuition & fees is $57,700. The school has a total enrollment of 12,060 and student to faculty ratio is 4 to 1 (25.00%).
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California Institute of Technology (Caltech) is a Private, 4 years school located in Pasadena, CA. The 2020 tuition & fees is $56,862. The school has a total enrollment of 2,240 and student to faculty ratio is 3 to 1 (33.33%).
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Massachusetts Best Colleges

Check out the top colleges in Massachusetts and compare them to get right decision.

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All data used in our site is from IPEDS (The Integrated Postsecondary Education Data System), U.S. Department of Education, academic year 2019-2020