At Massachusetts Institute of Technology, 3,557 undergraduate students (77% of total 4,638 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $44,422.
Financial Aid Statistics (All Undergraduate Students) - MIT
Type of Aid | Number Receiving Aid | Percent Receiving Aid |
Total Amount of Aid Received | Average Amount of Aid Received |
Grant or Scholarship | 3,557 | 77% |
$158,009,295 | $44,422 |
Pell Grants | 855 | 18% |
$4,519,391 | $5,286 |
Federal Student Loan | 206 | 4% |
$1,283,341 | $6,230 |