Financial Aid At Massachusetts Institute of Technology

3,118 students (69% of total 4,527 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 $37,116.

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Financial Aid At Massachusetts Institute of Technology

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At Massachusetts Institute of Technology, 3,118 undergraduate students (69% of total 4,527 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $37,116.

Financial Aid Statistics (All Undergraduate Students) at Massachusetts Institute of Technology
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Grant or Scholarship	3,118	69%	$115,726,328	$37,116
Pell Grants	786	17%	$3,347,132	$4,258
Federal Student Loan	704	16%	$4,986,938	$7,084

Beginning Undergraduate Students (Freshmen) Financial Aid

948 beginning undergraduate students (86% of total 1,105 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 $41,674.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) at Massachusetts Institute of Technology
Type of Aid	Number Receiving Aid	Percent Receiving Aid	Total Amount of Aid Received	Average Amount of Aid Received
Any Financial Aid	948	86%	-	-
Grants or Scholarships	585	53%	$24,379,472	$41,674
Federal Grants	171	15%	$1,173,003	$6,860
Pell Grants	171	15%	$777,003	$4,544
Other Federal Grants	99	9%	$396,000	$4,000
State/Local Grants	24	2%	$57,362	$2,390
Institutional Grants	584	53%	$23,149,107	$39,639
Student Loan Aid	189	17%	$1,428,100	$7,556
Federal Student Loans	153	14%	$966,780	$6,319
Other Student Loans	44	4%	$461,320	$10,485

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Financial Aid At Massachusetts Institute of Technology

3,118 students (69% of total 4,527 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 $37,116.