| Screen last updated on: September 10, 2007 |
The financial aid information below is valid for the 2007 academic year.
|
| Financial aid officer: |
Elizabeth Hicks,
Director of Student Financial Services |
| Contacting the office: |
617 253-4971
617 258-8301 (fax)
finaid@mit.edu |
| FAFSA number: |
002178 |
|
| Undergraduate tuition: |
$34,750; $34,750 out-of-state |
| Additional required fees: |
$236 |
| Book fees: |
$1,114 |
| Miscellaneous expenses: |
$1,700 |
| Other expenses: |
personal expenses |
| Combined room and board expenses: |
$10,400 - $10,400 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | February 15 | no | February 15 |
| CSS/Financial Aid PROFILE | February 1 | yes | N/A |
| Noncustodial (Divorced/Separated) Parent's Statement | February 8 | yes | N/A |
| Business/Farm Supplement | February 8 | no | N/A |
| tax forms, other financial documentation | February 8 | no | N/A |
|
| Date award notification begins: |
March 15 |
| Applied for financial aid: |
 | |
| 84% | of first-year students |
| 75% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 83% | of first-year students |
| 90% | of full-time undergraduates |
| 83% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 100% | of first-year students |
| 99% | of full-time undergraduates |
| 97% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 70% | of first-year students |
| 74% | of full-time undergraduates |
| 63% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 0% | of first-year students |
| 0% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 100% | for first-year students |
| 100% | for full-time undergraduates |
| 100% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $31,331 | for first-year students |
| $29,519 | for full-time undergraduates |
| $25,634 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $28,997 | for first-year students |
| $26,673 | for full-time undergraduates |
| $24,670 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $3,444 | for first-year students |
| $4,136 | for full-time undergraduates |
| $3,383 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $2,174 | for first-year students |
| $2,553 | for full-time undergraduates |
| $2,500 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 0% | of first-year students |
| 0% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $0 | for first-year students |
| $0 | for full-time undergraduates |
| $0 | for part-time undergraduates |
|
| Students who received a non-need-based athletic award: |
| |
| 0% | of first-year students |
| 0% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Average non-need-based athletic award: |
| |
| $0 | for first-year students |
| $0 | for full-time undergraduates |
| $0 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
| Percent of students who received aid that participated in Federal Work Study: |
17% |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- Federal Perkins Loans
- College/University Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
45% |
| Average student debt upon graduation: |
$17,956 |
| Types of payment plans: |
|
- school's own payment plan(s)
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- ROTC scholarships
|
|
| Percent of scholarship aid awarded to out-of-state students: |
0% |
|
|
Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.
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