2024 MIT Scholarships

MIT net price is at $22,968.00 per year and will likely continue climbing like all colleges around the U.S. There are various ways to combat the steep rises in college tuition, and scholarships can be a key ingredient in reducing the overall cost of Massachusetts Institute of Technology (MIT) . MIT awards an average of $39,639.00 to each student, which can help alleviate some of the financial burden. However, most families will need to find other sources of funding to bridge the remaining tuition gap. In addition to the annual tuition, MIT students can expect to pay $N/A in housing costs and $N/A in meal plan costs - if you chose to live in the surrounding area of Cambridge, then those costs could be even higher.

58% of full-time students receive local or institutional grants with an average award size of $43,248.00. Furthermore, 17% of students receive federal grants with an average amount of $7,908.00.

The numbers seem bleak and, truthfully, they are for most average American families. Luckily, the scholarships below are open to Massachusetts Institute of Technology (MIT) students, with the goal of helping to afford a college education. Some scholarships may be specifically provided by MIT while others are open to MIT students, though not exclusive to Massachusetts Institute of Technology (MIT) .

How much total award money and scholarships are available for Massachusetts Institute of Technology (MIT) students?

There are scholarships totaling available to residents. You can easily browse through all scholarships below.

What types of scholarships are available for Massachusetts Institute of Technology (MIT) students?

Each scholarship below may have different requirements and guidelines. While some of the Massachusetts Institute of Technology (MIT) scholarships can only be used for specific purposes, many of them can be used for all types of expenses including supplies, tuition, room and board and more. Furthermore, this list can include Massachusetts Institute of Technology (MIT) study abroad scholarships, Massachusetts Institute of Technology (MIT) transfer scholarships, and Massachusetts Institute of Technology (MIT) merit scholarships.

Are these scholarships for MIT study abroad?

At least a few of these scholarships below can be put toward MIT study abroad. If the scholarship does not specify a specific purpose or use of funds, then it is most likely eligible. You can double-check with the scholarship provider to confirm.

What scholarships are available to MIT transfer students?

The ScholarshipPoints and Scholarship Owl scholarships, at least, are open to Massachusetts Institute of Technology (MIT) transfer students and the funds can be put toward all types of expenses. MIT transfer students face the same financial pressures as normal students, and scholarships providers are well-aware of the need for MIT transfer scholarships.

Are these MIT scholarships limited by major?

You’ll need to check each scholarship’s own guidelines to determine if it is restricted to a specific major. However, most scholarships in this database are open to all students - some scholarships may only be open to certain students based on geographic criteria or areas of interest but they should be clearly marked. Whether you’re a nursing student, honors student, engineering major, or studying another discipline, chances are you’ll find at least 1 scholarship for you.