PRIVATE NON-PROFIT · GRADUATE

Massachusetts Institute of Technology

Also known as: MIT, M.I.T.

📍 Cambridge, Massachusetts🏛️ Urban Setting👥 4,535 Undergrads🔗 web.mit.edu

Overview

Massachusetts Institute of Technology is an medium private non-profit research university in Cambridge, Massachusetts. It enrolls about 4,535 undergraduate students with an acceptance rate of 5%. Graduates earn a median of $143,372 ten years after entry.

Quick Stats

Acceptance Rate

Very Selective

SAT Avg

1,560

740–780

Net Price

$20,111

After avg. aid

Grad Rate (6yr)

96%

Retention

99%

First-year, FT

Median Earnings

$143,372

10 yrs after entry

Admissions

Very Selective

Acceptance Rate

4.5%

SAT Average

1,560

ACT Composite

34–36

Test Policy

Required

SAT Score Range (Middle 50%)

EBRW (Reading & Writing)

200740 – 780 (mid 50%)800

Math

200780 – 800 (mid 50%)800

ACT Score Range (Middle 50%)

Composite

134 – 36 (mid 50%)36

Cost & Financial Aid

In-State Tuition

$62,396

Annual + fees

Out-of-State

$62,396

Annual + fees

Cost of Attendance

$82,730

Total annual

Avg. Net Price

$20,111

After aid

Net Price by Family Income

Family Income	Avg. Net Price
$0 – $30,000	-$2,533
$30,001 – $48,000	$93
$48,001 – $75,000	$1,480
$75,001 – $110,000	$11,555
$110,001 +	$48,479

Financial Aid Snapshot

% with federal loans

6.7%

Academics & Programs

Massachusetts Institute of Technology offers programs across 16 fields. Top by degrees awarded:

Engineering

32.3%

Computer & Information Sciences

31.1%

Mathematics & Statistics

10.7%

Interdisciplinary Studies

9.4%

Physical Sciences

7.2%

Biological & Biomedical Sciences

4.7%

Architecture

1.5%

Business, Management & Marketing

1.4%

Outcomes

6-Year Grad Rate

96%

On-Time (4yr)

83%

Retention (FT)

99%

% Earning >$25K

91%

10 yrs after entry

Median Earnings After Entry

6 years

$131,633

8 years

$135,278

10 years

$143,372

Graduation Rate by Race

Asian

98.8%

White

95.1%

Hispanic

Diversity

Race & Ethnicity

White

21.3%

Black or African American

7.7%

Asian

35.2%

Hispanic / Latino

14.1%

Two or more races

6.8%

International

11.7%

Gender

Women

48.2%

Men

51.8%

Background

Frequently Asked Questions

Is Massachusetts Institute of Technology hard to get into?

Very Selective — the acceptance rate is 5%. Admitted students average an SAT of 1560.

How much does Massachusetts Institute of Technology cost?

In-state tuition is $62,396, and out-of-state is $62,396. Average net price after financial aid is $20,111.

What is Massachusetts Institute of Technology known for?

Most popular programs include Engineering, Computer & Information Sciences, Mathematics & Statistics.

What's the graduation rate at Massachusetts Institute of Technology?

The 6-year graduation rate is 96%, and 99% of first-year, full-time students return for their second year.

Data source: U.S. Department of Education.