$20,996/yr
Average net price per year, what students actually pay
Massachusetts Institute of Technology
Cambridge, MA·Private · 4-year
GradFax Verified · Federal IPEDS data, updated July 26, 2026
Overview
This school is most selective, so admission takes a strong academic record. Most students pay far less than the sticker price: the average student receiving aid pays $20,996 a year against a $85,960 list price, a 76% gap. 96% of students graduate, well above the national average.
Massachusetts Institute of Technology is a urban private four-year institution located in Cambridge, MA. It enrolls a mid-sized student body of approximately 11,886 undergraduate students. As a private institution, it sets its own tuition and operates independently of state funding.
At a glance
Data from IPEDS, U.S. Dept. of Education.
Admissions
Acceptance rate
5%
SAT range
1520 - 1580
Academic fit
Admission probability
Students like you
Application tracker
Deadline tracker
Essay prompts
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Academics
Student:faculty
3:1
Avg class size (est.)
~8 students
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Costs
Sticker price
$85,960
Avg net price after aid
$20,996
Net price calculator
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Financial aid
Receiving financial aid
64%
Avg grant aid
$58,429
Data from College Scorecard, U.S. Dept. of Education.
Student body
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Campus life
Food near campus
Housing & living costs
Find off-campus housing
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Location
Distance from home
Cost of living
Data from IPEDS, U.S. Dept. of Education. Verify current figures with the school.
Graduate programs
Search grad programs →Detailed graduate program data coming soon.
More about Massachusetts Institute of Technology
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20 reported figures shown on this page. Every one is sourced from a federal database, a verified API, or clearly labeled community data.