Paying for Massachusetts Institute of Technology

For academic year 2019-2020, the tuition & fees is $53,790 at Massachusetts Institute of Technology. The graduate school tuition & fees is $57,059.
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: $53,790
  • Graduate Tuition: $57,059

Explorer Massachusetts Institute of Technology

Cost of Attendance (COA)

For academic year 2019-2020, the tuition & fees is $53,790 at Massachusetts Institute of Technology. The graduate school tuition & fees is $57,059. 65 out of total 4,602 undergraduate students (1%) received financial aid(grants or scholarship) and the average amount of the aid is $44,820.
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 $73,160 before receiving financial aid and the net price with financial aid is $28,340.
Massachusetts Institute of Technology 2020 Cost of Attendance
Tuition & Fees$53,790 (2020)
Living Costs$18,550 (On-campus)
Cost of attendance
Living on Campus$73,160
Average Financial Amount$44,820
Net Price after Aid
Living on Campus$28,340

MIT 2020 Tuition & Fees

For academic year 2019-2020, the tuition & fees of Massachusetts Institute of Technology are $53,790 for undergraduate programs. The undergraduate tuition & fees are increased by 3.78% compared to previous academic year. The graduate tuition & fees are $57,059. 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

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

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

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

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 $75,441. The school has a total enrollment of 1,250 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 $58,640. The school has a total enrollment of 1,855 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 $58,578. The school has a total enrollment of 11,586 and student to faculty ratio is 9 to 1 (11.11%).
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Boston College (Boston) is a Private, 4 years school located in Chestnut Hill, MA. The 2020 tuition & fees is $57,910. The school has a total enrollment of 14,720 and student to faculty ratio is 13 to 1 (7.69%).
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Williams College (Williams) is a Private, 4 years school located in Williamstown, MA. The 2020 tuition & fees is $57,280. The school has a total enrollment of 2,149 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.
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%).
Boston Baptist College (Boston Baptist) is a Private, 4 years school located in Boston, MA. The 2020 tuition & fees is $12,600. The school has a total enrollment of 81 and student to faculty ratio is 7 to 1 (14.29%).
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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 $58,404. The school has a total enrollment of 10,257 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 $57,770. The school has a total enrollment of 25,860 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 $60,578. The school has a total enrollment of 31,077 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 $52,800. The school has a total enrollment of 8,374 and student to faculty ratio is 5 to 1 (20.00%).
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Harvard University (Harvard) is a Private, 4 years school located in Cambridge, MA. The 2020 tuition & fees is $51,925. The school has a total enrollment of 31,566 and student to faculty ratio is 7 to 1 (14.29%).
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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 17,002 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 $55,500. The school has a total enrollment of 13,433 and student to faculty ratio is 6 to 1 (16.67%).
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California Institute of Technology (Caltech) is a Private, 4 years school located in Pasadena, CA. The 2020 tuition & fees is $54,600. The school has a total enrollment of 2,233 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.

harvard-university

Harvard UniversityPrivate, 4 yearsCambridge, MA

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Massachusetts Institute of TechnologyPrivate, 4 yearsCambridge, MA

williams-college

Williams CollegePrivate, 4 yearsWilliamstown, MA

amherst-college

Amherst CollegePrivate, 4 yearsAmherst, MA

tufts-university

Tufts UniversityPrivate, 4 yearsMedford, MA

wellesley-college

Wellesley CollegePrivate, 4 yearsWellesley, MA

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