Financial Aid At Massachusetts Institute of Technology
| Average Amount Received | % Received Financial Aid |
|---|---|
| $34,013 | 100% |
4,358 students (100% of total 4,361 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Massachusetts Institute of Technology. The average amount of the aid awarded is $34,013.
For the first-time, full-time beginning students (freshmen), 100% of total 1,070 enrolled students have received any kind of financial aid and its average amount of aid received is $32,562.
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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Grant or Scholarship | 4,358 | 100% | $148,230,621 | $34,013 |
| Pell Grants | 867 | 20% | $4,307,429 | $4,968 |
| Federal Student Loan | 293 | 7% | $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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received |
|---|---|---|---|---|
| Any Financial Aid | 1,070 | 100% | - | - |
| Grants or Scholarships | 1,070 | 100% | $34,841,748 | $32,562 |
| Federal Grants | 221 | 21% | $1,713,116 | $7,752 |
| Pell Grants | 221 | 21% | $1,157,116 | $5,236 |
| Other Federal Grants | 139 | 13% | $556,000 | $4,000 |
| State/Local Grants | 11 | 1% | $25,356 | $2,305 |
| Institutional Grants | 1,070 | 100% | $33,103,276 | $30,938 |
| Student Loan Aid | 65 | 6% | $470,306 | $7,235 |
| Federal Student Loans | 64 | 6% | $327,180 | $5,112 |
| Other Student Loans | 8 | 1% | $143,126 | $17,891 |
Best Programs at Massachusetts Institute of Technology
Massachusetts Institute of Technology have been chosen for one of best colleges in next area of majors.
- Industrial Engineering
- Mechanical Engineering
- Management Information Systems
- Elementary Particle Physics
- Mechanical Engineering
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