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 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 |