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Massachusetts Institute of Technology

Last updated: 2024 BLS data · Page refreshed:

Cambridge, Massachusetts 02139-4301
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Private Nonprofit Bachelor's City: Midsize
4.5%
Acceptance Rate
$62,396
In-State Tuition
$143,372
Earnings (10yr)
96.2%
Graduation Rate

Admissions

4.5%
accepted

Massachusetts Institute of Technology accepted 4.5% of applicants, making it Most Selective.

Costs & Financial Aid

Tuition at Massachusetts Institute of Technology is $62,396. After financial aid, the average net price is $20,111. About 19.3% of students receive Pell Grants.

$62,396
Tuition
$20,111
Avg Net Price
Cost Category Amount
Tuition & Fees$62,396
Room & Board (On Campus)$20,280
Books & Supplies$910
Total Cost of Attendance$82,730
Average Net Price (After Aid)$20,111
Students Receiving Pell Grants19.3%
Students Taking Federal Loans6.7%

Outcomes & Earnings

Graduates of Massachusetts Institute of Technology earn a median salary of $143,372 ten years after enrollment. The graduation rate is 96.2%. Median student debt at graduation is $14,768, with an estimated monthly loan payment of $156.

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Massachusetts Institute of Technology — graduate earnings curve (College Scorecard 2024)Line chart showing 3 data points.$143K$108K$72K$36K$06 yr8 yr10 yr6 yr: $131,633$131,6338 yr: $135,278$135,27810 yr: $143,372$143,372

Earnings After Enrollment

$131,633
6 Years
$135,278
8 Years
$143,372
10 Years
96.2%
Graduation Rate
99.1%
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)96.2%
Freshman Retention Rate99.1%
Median Student Debt$14,768
Est. Monthly Loan Payment (10yr)$156/mo
3-Year Repayment Rate91.8%

Student Body

Massachusetts Institute of Technology has 4,535 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
35.2%
White
21.3%
Hispanic
14.1%
Non-Resident
11.7%
Black
7.7%
Two or More
6.8%
Student Metric Value
Total Undergraduates4,535
Female Students37.2%
First-Generation Students25.9%
Average Age at Entry19.3
Students Over 250.9%

Salaries in Massachusetts

Explore salary data for popular occupations in Massachusetts:

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Highest Paying Jobs in Massachusetts Average Salary in Massachusetts

Other Colleges in Massachusetts

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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 4.5%, making it most selective. This means that for every 100 applicants, approximately 4 are admitted.
How much does it cost to attend Massachusetts Institute of Technology?
In-state tuition at Massachusetts Institute of Technology is $62,396. After financial aid, the average net price is $20,111.
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 96.2%. The freshman retention rate is 99.1%, 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 4,535 undergraduate students. The student body is 37.2% female. About 25.9% are first-generation college students.

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