Massachusetts Institute of Technology

Cambridge, MA 02139-4307

Overview

Admission

Massachusetts Institute of Technology is one of the most selective institutions in its admission process in the U.S. In Fall 2016, it received 19,020 applications and only 1,511 students were granted admission. Massachusetts Institute of Technology is at the #6 spot (in a scale of 1 to 100) in terms of admission difficulty out of 1,781 4 year colleges in the U.S.

Among other admission requirements, applicants must submit ACT or SAT test scores in order to get their application considered. In Fall 2016, 50% of the enrollees submitted ACT scores and 76% submitted SAT scores.

Tuition & Fees

In 2016-2017 academic year, Massachusetts Institute of Technology's tuition was $48,140 for all students regardless of residency (79.7% more expensive than the national average tuition of a typical 4-year private institution)

Follow the link below to learn more about additional cost components such as books and supplies, room and board and other expenses.

Financial Aid

In 2016-2017 academic year, 86% of Massachusetts Institute of Technology's full-time freshman students were awarded some type of financial aid. 15% of the students received need based financial assistance from the federal government with an average amount of $4,544 (which is 3.3% above the national average.)

The total number of federal student loan recipients at Massachusetts Institute of Technology in 2016-2017, was 153, which is 14% of the total eligible students. The average loan amount given out to these students was $6,319 (which is 7.2% above the national average.)

Student Body

In Fall 2016, Massachusetts Institute of Technology has enrolled a total of 11,376 students (11,183 students full-time and 193 on a part-time basis). Out of the total 11,376 students, 20 of those students were transfer students. The gender ratio of the new enrollee was 61% men and 39% women and 4,524 students were enrolled for undergraduate programs and 6,852 for graduates studies.

The institution also enrolled 49 students for distance studies.

Majors

Listed below are the 10 largest majors offered at Massachusetts Institute of Technology.

Graduation & Dropout Rates

Graduation rate is a key indicator of an institution's education quality and the level of academic and financial support provided to students.

The following section details graduation and dropout rates of Massachusetts Institute of Technology full-time students who started class in 2010 and graduated or dropped out prior to August 31, 2016.

The above graduation rate is the percentage of students who graduated within 150% of the normal graduation time. For a 4 year degree program, 150% of 4 years is 6 years and for a 2-year program 150% is 3 years.

Earnings After College

The typical median income of Massachusetts Institute of Technology graduates 6 years after enrollment is $79,800. Last year, out of the total 1,023 graduates who entered the institution 6 years ago, 941 were reported to have been employed. On the same note, out of 1,012 graduates, who enrolled 10 years ago, 911 were employed.