MIT - Financial Aid

Financial Aid Statistics At MIT

Average Amount Received	% Received Financial Aid
$44,422	77%

3,557 students (77% of total 4,638 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Massachusetts Institute of Technology (MIT). The average amount of the aid awarded is $44,422.

For the first-time, full-time beginning students (freshmen), 79% of total 1,176 enrolled students have received any kind of financial aid and its average amount of aid received is $45,591.

All Undergraduate Financial Aid

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

Beginning Undergraduate Students (Freshmen) Financial Aid

932 beginning undergraduate students (79% of total 1,176 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Massachusetts Institute of Technology. The average amount of aid received is $45,591.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - MIT
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	932	79%	-	-
Grants or Scholarships	832	71%	$37,931,652	$45,591
Federal Grants	738	63%	$2,741,184	$3,714
Pell Grants	210	18%	$1,110,900	$5,290
Other Federal Grants	738	63%	$1,630,284	$2,209
State/Local Grants	19	2%	$48,400	$2,547
Institutional Grants	647	55%	$35,142,068	$54,315
Student Loan Aid	80	7%	$1,103,368	$13,792
Federal Student Loans	71	6%	$375,132	$5,284
Other Student Loans	17	1%	$728,236	$42,837

Financial Aid Statistics At MIT

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