All Undergraduate Financial Aid

At Massachusetts Institute of Technology, 4,358 undergraduate students (100% of total 4,361 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $34,013.
Financial Aid Statistics (All Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship4,358100% $148,230,621$34,013
Pell Grants86720% $4,307,429$4,968
Federal Student Loan2937% $1,764,887$6,024

Beginning Undergraduate Students (Freshmen) Financial Aid

1,070 beginning undergraduate students (100% of total 1,070 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 $32,562.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students)
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,070100% --
Grants or Scholarships1,070100%$34,841,748$32,562
Federal Grants22121%$1,713,116$7,752
Pell Grants22121%$1,157,116$5,236
Other Federal Grants13913%$556,000$4,000
State/Local Grants111%$25,356$2,305
Institutional Grants1,070100%$33,103,276$30,938
Student Loan Aid656%$470,306$7,235
Federal Student Loans646%$327,180$5,112
Other Student Loans81%$143,126$17,891

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