For the academic year 2019-2020, the undergraduate tuition & fees at MIT is $53,790.
The undergraduate estimated tuition & fees for academic year 2020-2021 is $55,822.
The 2020 undergraduate tuition has been risen by 3.78% from the previous year. On-campus living costs increased by 5.35% from the previous year. Its undergraduate tuition and fees are around the average amount of similar schools' tuition ($55,336 - Private (not-for-profit) Research University (very high research activity)).
2019-2020 Undergraduate Tuition & Fees
Year | Tuition & Fees | On Campus Room & Board, Other Expenses |
2018-2019 | $51,832 | $17,608 |
2019-2020 | $53,790 | $18,550 |
Change % 2019-2020 | 3.78% | 5.35% |
2020-2021 | $55,822 | $19,542 |
***The estimated 2020-2021 costs are based on the costs change rate of last year.
For graduate school, the tuition and fees are $57,059 for the academic year 2019-2020.
The estimated graduate school tuition & fees is $59,221 for the academic year 2020-2021.
The 2020 undergraduate tuition has been risen by 3.78% from the previous year. Its graduate tuition and fees are a little bit higher than the average amount of similar schools' tuition ($48,199 - Private (not-for-profit) Research University (very high research activity)).
2019-2020 Graduate Tuition & Fees
Year | Tuition & Fees | On Campus Room & Board, Other Expenses |
2018-2019 | $54,976 | $17,608 |
2019-2020 | $57,059 | $18,550 |
Change % 2019-2020 | 3.79% | 5.35% |
2020-2021 | $59,221 | $19,542 |
***The estimated 2020-2021 costs are based on the costs change rate of last year.
The below table describes the cost per credit hour for part-time students and/or full-time students who
take additional courses more than regular credit hours at MIT.
Per Credit Hour Charge (2019-2020)
| Year | Cost Per Credit Hour |
Undergraduate | 2018-2019 | $800 |
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2019-2020 | $830 |
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2020-2021 | $861 |
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Graduate | 2018-2019 | $800 |
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2019-2020 | $830 |
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2020-2021 | $861 |
The next table summarizes the average earning by years after graduation from the school. After 6 years of graduation, the mean earning is $99,600 and, after 10 years of graduation, the mean earning is $153,600 for Massachusetts Institute of Technology graduates.
Mean Earning After Graduation By Time
| Total | Male | Female |
6 Years After Graduation | $99,600 | $109,400 | $85,600 |
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7 Years After Graduation | $122,900 | - | - |
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8 Years After Graduation | $130,700 | - | - |
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9 Years After Graduation | $121,400 | - | - |
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10 Years After Graduation | $153,600 | $177,100 | $118,900 |