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Massachusetts Institute of Technology
Cambridge, MA
Private Nonprofit
City Setting
Extremely Selective (5% acceptance rate)
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Key Facts
5%
Accept Rate
$19,813
Avg. Net Cost
4.6K
Medium Campus
$131,633
Median Salary
96%
Graduation Rate
4-Year completion
99%
Retention Rate
Return after 1st year
26%
First-Gen Students
First in family
19%
Pell Grant Aid
Receive Federal Grants
Admissions
5%
Acceptance Rate
Extremely Selective
SAT Reading
730 - 780
200
800
SAT Math
780 - 800
200
800
ACT Composite
34 - 36
1
36
Cost & Financial Aid
Average Cost (After Aid)
$19,813
In-State Tuition
$60,156
Out-of-State Tuition
$60,156
Net price reflects average cost after financial aid
Popular Programs
Engineering
35%
Business & Marketing
2%
Financial Aid & Affordability
19%
Pell Grants
7%
Take Loans
587%
3yr Repayment
Pell Grant Recipients:
Percentage of students receiving federal Pell Grants (need-based aid)
Federal Loan Rate:
Share of students who take out federal loans
3-Year Repayment:
Rate of borrowers making progress on loan repayment
Student Outcomes
96%
Graduation Rate
4-Year completion
99%
Retention Rate
1st Year
Earnings After Graduation
$131,633
6 Years After
$143,372
10 Years After
Campus & Student Life
4.6K
Students
City
Setting
Student Profile
Gender Distribution
Men: 51%
Women: 49%
26%
First-Gen Students
1%
Part-Time Students
Avg. Family Income
$86,738
Racial/Ethnic Diversity
Asian: 35%
White: 21%
Hispanic: 15%
Other: 14%
Black: 9%
At a Glance
Institution Type
Private Nonprofit
Primary Degree
Bachelor's
Location
Cambridge, MA
Setting
City
Campus Size
Medium
Selectivity
Extremely Selective
Online Only
No
Classification
Four-year, large, primarily nonresidential
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