Massachusetts Institute of Technology

Cambridge, Massachusetts 02139-4307
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Private Nonprofit Bachelor's City: Midsize
4.0%
Acceptance Rate
$57,986
In-State Tuition
$143,372
Earnings (10yr)
95.6%
Graduation Rate

Admissions

4.0%
accepted

Massachusetts Institute of Technology accepted 4.0% of applicants, making it Most Selective.

Costs & Financial Aid

Tuition at Massachusetts Institute of Technology is $57,986. After financial aid, the average net price is $20,338. About 18.4% of students receive Pell Grants.

$57,986
Tuition
$20,338
Avg Net Price
Cost Category Amount
Tuition & Fees$57,986
Room & Board (On Campus)$18,790
Books & Supplies$850
Total Cost of Attendance$77,020
Average Net Price (After Aid)$20,338
Students Receiving Pell Grants18.4%
Students Taking Federal Loans4.4%

Outcomes & Earnings

Graduates of Massachusetts Institute of Technology earn a median salary of $143,372 ten years after enrollment. The graduation rate is 95.6%. Median student debt at graduation is $14,768, with an estimated monthly loan payment of $156.

Earnings After Enrollment

$131,633
6 Years
$135,278
8 Years
$143,372
10 Years
95.6%
Graduation Rate
99.0%
Freshman Retention
$14,768
Median Debt
Outcome Metric Value
Median Earnings (6 Years After)$131,633/yr
Median Earnings (8 Years After)$135,278/yr
Median Earnings (10 Years After)$143,372/yr
Graduation Rate (4-Year)95.6%
Freshman Retention Rate99.0%
Median Student Debt$14,768
Est. Monthly Loan Payment (10yr)$156/mo
3-Year Repayment Rate91.8%

Student Body

Massachusetts Institute of Technology has 4,638 undergraduate students. The student body is 37.2% female. About 25.9% are first-generation college students. The average age at entry is 19.3.

Demographics

Asian
34.1%
White
22.1%
Hispanic
14.8%
Non-Resident
11.0%
Black
7.8%
Two or More
7.4%
Student Metric Value
Total Undergraduates4,638
Female Students37.2%
First-Generation Students25.9%
Average Age at Entry19.3
Students Over 251.0%

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Frequently Asked Questions

What is the acceptance rate at Massachusetts Institute of Technology?
The acceptance rate at Massachusetts Institute of Technology is 4.0%, making it most selective. This means that for every 100 applicants, approximately 3 are admitted.
How much does it cost to attend Massachusetts Institute of Technology?
In-state tuition at Massachusetts Institute of Technology is $57,986. After financial aid, the average net price is $20,338.
What is the average salary after graduating from Massachusetts Institute of Technology?
Graduates of Massachusetts Institute of Technology earn a median salary of $143,372 per year, measured 10 years after enrollment. At 6 years after enrollment, the median is $131,633.
What is the graduation rate at Massachusetts Institute of Technology?
The graduation rate at Massachusetts Institute of Technology is 95.6%. The freshman retention rate is 99.0%, which measures how many first-year students return for their second year.
How many students attend Massachusetts Institute of Technology?
Massachusetts Institute of Technology has 4,638 undergraduate students. The student body is 37.2% female. About 25.9% are first-generation college students.

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