2019 Tuition, Fees, and Living Costs Analysis

UndergraduateGraduatePer Credit HourEarning After Graduation
For academic year 2018-2019, undergraduate tuition & fees at MIT is $51,832. The undergraduate 2019-2020 estimated tuition & fees at Massachusetts Institute of Technology is $53,847. The 2019 undergraduate tuition has been risen by 3.89% from the previous year. On-campus living costs increased by 6.47% from the previous year. The undergraduate tuition and fees at Massachusetts Institute of Technology are around the average amount of similar schools' tuition ($53,246 - Private (not-for-profit) Research University (very high research activity)).
2018-2019 Undergraduate Tuition & Fees
YearTuition & FeesOn Campus Room & Board, Other Expenses
2017-2018$49,892$16,538
2018-2019$51,832$17,608
Change % 2018-20193.89%6.47%
2019-2020$53,847$18,747
***The estimated 2019-2020 costs are based on the costs change rate of last year.
For graduate school, the tuition and fees are $54,976 for academic year 2018-2019. The estimated graduate school tuition & fees at MIT is $57,142 for academic year 2019-2020. The 2019 undergraduate tuition has been risen by 3.89% from the previous year. The graduate tuition and fees at Massachusetts Institute of Technology are little bit higher than the average amount of similar schools' tuition ($47,651 - Private (not-for-profit) Research University (very high research activity)).
2018-2019 Graduate Tuition & Fees
YearTuition & FeesOn Campus Room & Board, Other Expenses
2017-2018$52,892$16,538
2018-2019$54,976$17,608
Change % 2018-20193.94%6.47%
2019-2020$57,142$18,747
***The estimated 2019-2020 costs are based on the costs change rate of last year.
Below table describes the cost per credit hour for part-time students and full-time students who take additional courses more than regular credit hours at MIT.
Per Credit Hour Charge (2018-2019)
YearCost Per Credit Hour
Undergraduate2017-2018$770
2018-2019$800
2019-2020$831
Graduate2017-2018$770
2018-2019$800
2019-2020$831
Next table summarizes the average earning by years after graduation for Massachusetts Institute of Technology graduates. 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
TotalMaleFemale
6 Years After Graduation$99,600$109,400$85,600
7 Years After Graduation$122,900--
8 Years After Graduation$130,700--
9 Years After Graduation$121,400--
10 Years After Graduation$153,600$177,100$118,900

MIT 4 Years Tuition

Tuition & FeesCOAAfter Financial Aid
Based on 4-years changes on tuition & fees, we estimate 4 year tuition at MIT for future and perspective students . For the students who admit in Fall 2019, the estimated 4 year tuition is $220,469. The estimation excludes the book, supplies, and living costs and before receiving any financial aid. See the other tabs for estimating 4 year total costs of attendance and after financial aid. Next table shows the 4 year tuition & fees estimation for next 5 admission years at Massachusetts Institute of Technology.
4 Years Tuition & Fees at Massachusetts Institute of Technology
Admission YearFreshmenSophomoreJuniorSenior4 Years Total
Class of 2023Fall 2019$53,114$54,428$55,774$57,153$220,469
Class of 2024Fall 2020$54,428$55,774$57,153$58,567$225,922
Class of 2025Fall 2021$55,774$57,153$58,567$60,016$231,510
Class of 2026Fall 2022$57,153$58,567$60,016$61,500$237,236
Class of 2027Fall 2023$58,567$60,016$61,500$63,021$243,104
Below table shows the 4 year estimation of total costs of attendance (COA) at Massachusetts Institute of Technology. It includes the tuition & fees, books & supplies costs, room & board charges, and other living expenses. For the students who admit in Fall 2019, the estimated 4 year COA is $298,939. Next table shows the 4 year COA estimation for next 5 admission years at Massachusetts Institute of Technology.
4 years COA at Massachusetts Institute of Technology
Admission YearFreshmenSophomoreJuniorSenior4 Years Total
Class of 2023Fall 2019$71,988$73,785$75,633$77,534$298,939
Class of 2024Fall 2020$73,785$75,633$77,534$79,487$306,439
Class of 2025Fall 2021$75,633$77,534$79,487$81,495$314,149
Class of 2026Fall 2022$77,534$79,487$81,495$83,559$322,075
Class of 2027Fall 2023$79,487$81,495$83,559$85,679$330,220
Last year, 2,924 students ( 64.31% of enrolled undergraduate students) received the grant or scholarship aid. It includes any financial aid from federal government, state, local, institute, and other sources known by the institution. It excludes the federal/private student loans. After receiving the financial aid, the net price for 4 year is $119,659. Next table shows the 4 year COA estimation with financial aid for next 5 admission years at Massachusetts Institute of Technology.
4 years COA with Financial Aid at Massachusetts Institute of Technology
Admission YearFreshmenSophomoreJuniorSenior4 Years Total
Class of 2023Fall 2019$27,168$28,965$30,813$32,714$119,659
Class of 2024Fall 2020$28,965$30,813$32,714$34,667$127,159
Class of 2025Fall 2021$30,813$32,714$34,667$36,675$134,869
Class of 2026Fall 2022$32,714$34,667$36,675$38,739$142,795
Class of 2027Fall 2023$34,667$36,675$38,739$40,859$150,940

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2019 Tuition, Fees, and Living Cost Tables and Charts

Next tables and charts illustrate the 2019 tuition, fees, books & supplies, and living costs in detail. We provide the previous 5 years costs so that you can check the increased amounts of each cost item and estimate future year costs. In addition, you can check the financial aid amount including grant, scholarship, and federal student loans for last five years. Use left menu to explore the tuition and college costs information at Massachusetts Institute of Technology.
Tuition & Fees | Financial Aid
Massachusetts Institute of Technology 2019 Costs of Attendance
Tuition & FeesBook & SuppliesLiving Costs
Undergraduate$51,832$800 $17,608
Graduate$54,976 $800$17,608

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