Massachusetts Institute of Technology tuition, cost & net price

The sticker price at Massachusetts Institute of Technology is $82,730 a year. After grants and scholarships, students receiving federal aid pay $20,111 on average, and what your family pays depends mostly on income. Choose yours below.

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What your family pays
$20,111 /yr

Average after grants for all families receiving federal aid. Pick your income above.

Sticker price $82,730. College Scorecard.

Net price by family income

Average after grants and scholarships for students receiving federal aid. Tap your band.

College Scorecard, latest reported year

Sticker price, line by line

Per year, living on campusAll students
Tuition & fees$62,396
Housing & meals$19,390
Books & supplies$880
Personal & travel$2,304
Living-at-home adjustment−$2,240
Total cost of attendance$82,730

Cost items: IPEDS 2023-24, on-campus budget. Total: College Scorecard, which averages students living on and off campus; the adjustment row reconciles the two.

Debt after graduation

Median federal loan debt$12,462
Loan default rate0.3%3-year rate, 2017 repayment cohort
Debt as a share of earnings 10 years out9%

College Scorecard; Urban Institute Education Data Portal

Who gets aid

Students with Pell Grants19%Federal grants for lower-income students
Grants for the average aided student$62,619Sticker price minus average net price

College Scorecard

Massachusetts Institute of Technology net price compared with other Massachusetts colleges

Massachusetts Institute of Technology has the 16th-lowest average net price of 67 Massachusetts colleges we cover. Schools around it:

RankCollegeAvg. net priceGraduationEarnings, 10 yrs
12College of Our Lady of the Elms$17,54568%$51,540
13University of Massachusetts-Boston$17,70749%$65,865
14Williams College$17,71694%$88,665
15Harvard University$19,06698%$101,817
16Massachusetts Institute of Technology$20,11196%$143,372
17University of Massachusetts-Dartmouth$20,92752%$68,804
18Massachusetts Maritime Academy$21,58274%$82,392
19University of Massachusetts-Amherst$22,38383%$71,631
20American International College$23,27446%$53,124

College Scorecard, latest year. Average for all aided students; your price depends on income. All Massachusetts colleges →

Why Massachusetts Institute of Technology costs more or less than similar schools

SchoolAcceptanceYou'd payGraduationEarnings, 10 yrsPrice gap
Massachusetts Institute of Technology5%$20,11196%$143,372This school
Williams College8%$17,71694%$88,665
Harvard University4%$19,06698%$101,817
Amherst College9%$23,36794%$77,644
Tufts University11%$39,99894%$83,214

College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.

Why the price is different

Massachusetts Institute of Technology would cost you $2,395 more per year than Williams College, on average.

  • Lower sticker price at Massachusetts Institute of Technology, mostly from lower tuition & fees (−$6,164).
  • Williams College gives aided families $4,525 more in grants, on average.
Per year, Massachusetts residentMassachusetts Institute of TechnologyWilliams CollegeDifference
Tuition & fees$62,396$68,560−$6,164
Books & supplies$880$1,000−$120
Housing & meals$19,390$16,300+$3,090
Personal & travel$2,304$2,700−$396
Living-at-home adjustment−$2,240−$3,700+$1,460
Sticker price$82,730$84,860−$2,130
Average grants−$62,619−$67,144+$4,525
You pay$20,111$17,716+$2,395

“+” means Massachusetts Institute of Technology costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.

Massachusetts Institute of Technology cost questions

How much is tuition at Massachusetts Institute of Technology?

Tuition and fees are $62,396 a year.

What is the total cost of attending Massachusetts Institute of Technology?

The total cost of attendance, including housing, meals, books and personal costs, is $82,730 a year.

What do families actually pay at Massachusetts Institute of Technology?

After grants and scholarships, students receiving federal aid pay $20,111 a year on average. Families earning $0–30k pay $0; $48–75k pay $1,480; $110k+ pay $48,479.

How much debt do Massachusetts Institute of Technology graduates have?

The median federal loan debt at graduation is $12,462, and 0.3% of borrowers defaulted within three years of entering repayment (2017 cohort).

Is Massachusetts Institute of Technology the right fit for your family?

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Sources: U.S. Department of Education College Scorecard and IPEDS; Urban Institute Education Data Portal (ODC-By). Net price is an average for first-time, full-time students receiving federal aid, not a quote; confirm with the school's net price calculator. Back to Massachusetts Institute of Technology overview