Massachusetts Institute of Technology (MIT, M.I.T.)
Private nonprofit four-year university in Cambridge, MA that costs an average of $14,815 a year after financial aid, admits 4.5% of applicants and graduates 96% of full-time students.
Net price / year
$14,815
Acceptance rate
4.5%
Graduation rate
96%
Earnings after 10 yrs
$152,553
Private nonprofitMidsize city4,535 undergraduates
Cost of MIT, M.I.T.
| Total cost of attendance (per year) | $85,960 |
|---|---|
| Tuition and fees, in-state | $64,730 |
| Housing and food (on campus) | $21,264 |
| Books and supplies | $910 |
| Average net price after aid | $14,815 |
Net price by family income
| Family income | Average net price / year |
|---|---|
| $48,001–75,000 | $4,283 |
| $75,001–110,000 | $8,020 |
| $110,001+ | $50,747 |
Net price is what students actually pay after grants and scholarships. Get your own estimate with MIT, M.I.T.'s net price calculator ↗.
Admissions
| Acceptance rate | 4.5% |
|---|---|
| Average SAT | 1,560 |
| SAT reading (25th–75th percentile) | 740–780 |
| SAT math (25th–75th percentile) | 780–800 |
| ACT composite (25th–75th percentile) | 34–36 |
| Test scores | Required |
Graduation, earnings and debt
| Graduation rate | 96% |
|---|---|
| First-year retention | 99% |
| Median earnings 6 years after enrolling | $137,488 |
| Median earnings 10 years after enrolling | $152,553 |
| Rank in Massachusetts (earnings) | 1st of 65 similar colleges |
| Median debt of graduates | $14,000 |
| Typical monthly loan payment | $159 (10-year plan) |
| Students with Pell grants | 24% |
| Students with federal loans | 6.8% |
Majors and programs at MIT, M.I.T.
Earnings one year after graduation and median debt, by program. Click a program for details and comparisons.
Bachelor's degree programs (39)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Computer Science | 755 | $171,815 | $10,000 |
| Economics | 27 | $154,591 | — |
| Electrical, Electronics, and Communications Engineering | 158 | $150,863 | $15,000 |
| Mathematics | 312 | $141,075 | — |
| Management Sciences and Quantitative Methods | 85 | $119,177 | — |
| Chemical Engineering | 90 | $103,310 | — |
| Liberal Arts and Sciences, General Studies and Humanities | 20 | $95,803 | — |
| Aerospace, Aeronautical, and Astronautical/Space Engineering | 114 | $94,732 | — |
| Mechanical Engineering | 247 | $94,095 | $15,000 |
| Biomedical/Medical Engineering | 103 | $73,378 | — |
| Anthropology | — | — | — |
| Applied Mathematics | 40 | — | — |
| Architecture | 21 | — | — |
| Biology | 60 | — | — |
| Biomathematics, Bioinformatics, and Computational Biology | 45 | — | — |
| Chemistry | 54 | — | — |
| City/Urban, Community, and Regional Planning | 21 | — | — |
| Civil Engineering | 8 | — | — |
| Climate Science | 1 | — | — |
| Cognitive Science | 110 | — | — |
| Communication and Media Studies | 6 | — | — |
| Computer and Information Sciences | 41 | — | — |
| Drama/Theatre Arts and Stagecraft | 4 | — | — |
| Economics and Computer Science | 101 | — | — |
| English Language and Literature | 7 | — | — |
| Environmental/Environmental Health Engineering | 12 | — | — |
| Geological and Earth Sciences/Geosciences | 9 | — | — |
| History | 2 | — | — |
| Linguistic, Comparative, and Related Language Studies and Services | 12 | — | — |
| Materials Engineering | 47 | — | — |
| Mathematics and Computer Science | 50 | — | — |
| Music | 20 | — | — |
| Neurobiology and Neurosciences | 30 | — | — |
| Nuclear Engineering | 19 | — | — |
| Philosophy | 9 | — | — |
| Physics | 149 | — | — |
| Political Science and Government | 9 | — | — |
| Rhetoric and Composition/Writing Studies | 5 | — | — |
| Science, Technology and Society | 2 | — | — |
Master's degree programs (38)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Management Sciences and Quantitative Methods | 1,561 | $210,825 | $41,000 |
| Electrical, Electronics, and Communications Engineering | 186 | $173,300 | — |
| Mechanical Engineering | 280 | $170,342 | — |
| Systems Engineering | 377 | $152,712 | $62,750 |
| Civil Engineering | 58 | $91,572 | — |
| City/Urban, Community, and Regional Planning | 113 | $89,910 | $38,500 |
| Architectural Sciences and Technology | 103 | $66,822 | — |
| Aerospace, Aeronautical, and Astronautical/Space Engineering | 114 | — | — |
| Applied Mathematics | 260 | — | — |
| Architecture | 23 | — | — |
| Astronomy and Astrophysics | 2 | — | — |
| Atmospheric Sciences and Meteorology | 1 | — | — |
| Biology | 2 | — | — |
| Biomathematics, Bioinformatics, and Computational Biology | 18 | — | — |
| Biomedical/Medical Engineering | 7 | — | — |
| Business/Commerce | — | — | — |
| Chemical Engineering | 63 | — | — |
| Chemistry | 6 | — | — |
| Cognitive Science | 37 | — | — |
| Communication and Media Studies | 3 | — | — |
| Computer and Information Sciences | 36 | — | — |
| Computer Science | 501 | — | — |
| Economics | 53 | — | — |
| Economics and Computer Science | 17 | — | — |
| Environmental/Environmental Health Engineering | 26 | — | — |
| Geological and Earth Sciences/Geosciences | 12 | — | — |
| Journalism | 15 | — | — |
| Linguistic, Comparative, and Related Language Studies and Services | 2 | — | — |
| Materials Engineering | 9 | — | — |
| Mathematics | — | — | — |
| Neurobiology and Neurosciences | 1 | — | — |
| Nuclear Engineering | 34 | — | — |
| Operations Research | 13 | — | — |
| Physics | 1 | — | — |
| Political Science and Government | 7 | — | — |
| Radio, Television, and Digital Communication | 45 | — | — |
| Real Estate Development | 60 | — | — |
| Science, Technology and Society | 8 | — | — |
Doctoral degree programs (33)
| Program | Graduates (2 yrs) | Earnings after 1 yr | Median debt |
|---|---|---|---|
| Chemical Engineering | 69 | $155,655 | — |
| Electrical, Electronics, and Communications Engineering | 103 | $144,305 | — |
| Biology | 76 | $102,599 | — |
| Chemistry | 97 | $98,523 | — |
| Aerospace, Aeronautical, and Astronautical/Space Engineering | 85 | — | — |
| Architectural Sciences and Technology | 8 | — | — |
| Architecture | 8 | — | — |
| Astronomy and Astrophysics | 4 | — | — |
| Atmospheric Sciences and Meteorology | 6 | — | — |
| Biomathematics, Bioinformatics, and Computational Biology | 15 | — | — |
| Biomedical/Medical Engineering | 88 | — | — |
| City/Urban, Community, and Regional Planning | 21 | — | — |
| Civil Engineering | 16 | — | — |
| Cognitive Science | 11 | — | — |
| Computer and Information Sciences | 26 | — | — |
| Computer Science | 154 | — | — |
| Economics | 37 | — | — |
| Environmental/Environmental Health Engineering | 15 | — | — |
| Geological and Earth Sciences/Geosciences | 41 | — | — |
| Linguistic, Comparative, and Related Language Studies and Services | 14 | — | — |
| Management Sciences and Quantitative Methods | 32 | — | — |
| Materials Engineering | 50 | — | — |
| Mathematics | 45 | — | — |
| Mechanical Engineering | 100 | — | — |
| Neurobiology and Neurosciences | 33 | — | — |
| Nuclear Engineering | 25 | — | — |
| Operations Research | 26 | — | — |
| Philosophy | 12 | — | — |
| Physics | 83 | — | — |
| Political Science and Government | 25 | — | — |
| Radio, Television, and Digital Communication | 30 | — | — |
| Science, Technology and Society | 10 | — | — |
| Systems Engineering | 11 | — | — |
Similar colleges in Massachusetts
| College | City | Net price / yr | Acceptance | Earnings |
|---|---|---|---|---|
| Bentley University | Waltham | $38,969 | 45% | $126,427 |
| Suffolk University | Boston | $40,008 | 82% | $75,345 |
| Merrimack College | North Andover | $39,219 | 70% | $74,412 |
| Emerson College | Boston | $49,215 | 51% | $67,317 |
| Worcester Polytechnic Institute | Worcester | $43,885 | 60% | $113,513 |
| Wentworth Institute of Technology | Boston | $30,134 | 91% | $94,995 |
| Brandeis University | Waltham | $30,606 | 41% | $85,519 |
| Massachusetts College of Pharmacy and Health Sciences | Boston | $43,891 | 85% | $103,156 |
About MIT, M.I.T.
| Type | Private nonprofit four-year university |
|---|---|
| Location | Cambridge, MA |
| Setting | Midsize city |
| Undergraduates | 4,535 |
| Student-to-faculty ratio | 3 to 1 |
| Accreditor | New England Commission on Higher Education |
| Website | web.mit.edu ↗ |
Frequently asked questions
What is MIT, M.I.T.'s acceptance rate?
Massachusetts Institute of Technology admits 4.5% of applicants, making it highly selective. Admitted students average 1,560 on the SAT.
How much does MIT, M.I.T. cost per year?
The full cost of attendance is $85,960 a year (tuition and fees: $64,730). After grants and scholarships the average student pays $14,815 a year.
How much do MIT, M.I.T. graduates earn?
Former students earn a median of $152,553 a year, 10 years after first enrolling — 1st of 65 similar colleges in Massachusetts. The best-paid bachelor's program is computer science ($171,815 a year after graduation).
What is MIT, M.I.T.'s graduation rate?
96% of full-time students graduate within six years, and 99% of first-year students return for a second year.