In average, 78% of full-time first-time beginning undergraduate students (freshmen) have received grants and/or scholarships at Mit vs Salem State. The average financial aid amount received is $33,286. For all undergraduate students, 67.50% received grants/scholarship and the average aid amount is $31,953
The average tuition & fees for the schools is $12,338 for state residents and $40,964 for out-of-state students. The average cost of attendance (COA) including tuition & fees, book & supplies, and living costs for Mit vs Salem State is $62,657 and, after receiving financial aid, the actual cost is down to $29,371.
Mit vs Salem State: Financial Aid Comparison
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Financial Aid Comparison Table
| School Name | Tuition & Fees |
Beginning Undergraduate Students (Freshmen) | All Undergraduate Students |
|---|
| Percent Receiving Aid | Average Amounts | Percent Receiving Aid | Average Amounts |
|---|
|
Massachusetts Institute of TechnologyCambridge, MA | $62,396 | 58.00% | $58,331 | 64.00% | $55,629 |
|---|
|
Salem State UniversitySalem, MA | $19,531 ($12,338) | 98.00% | $8,241 | 71.00% | $8,277 |
|---|
| Average | $40,964 ($12,338) | 78% | $33,286 |
68% | $31,953 |
|---|
*The tuition data is updated with academic year 2024-2025 data from IPEDS (Integrated Postsecondary Education Data System) (Last Update: January 2, 2025). The financial aid information is based on the IPEDS data for the academic year 2024-2025.