How much does 4 years of MIT cost?
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2 Answers
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It can be very expensive to attend the Massachusetts Institute of Technology (MIT) for four years. Living expenses, tuition, and fees are all included in the overall cost. According to the academic year 2024–2025, MIT charges an undergraduate tuition of about $61,000 per year, plus an extra $2,200 in required fees. An additional $20,000 is usually spent on-campus living and eating, and between $83,000 to $85k is spent annually on books, supplies, personal expenses, and health insurance. In four years, that comes to about $330,000 to $340,000. MIT, however, provides substantial financial aid and is dedicated to affordability.
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Students need to consider tuition, dining, housing, and other expenses like books, supplies, and personal expenses while factoring in the total MIT cost. Check MIT fees for undergraduate students from the table given below:
Expense
Cost
Tuition
USD 59,750
Student life fee
USD 406
Housing
USD 12,380
Food
USD 7,010
Books, course materials, supplies & equipment
USD 880
Personal expenses
USD 2,304
Total
USD 82,730
Note: This budget does not include travel expenses as they will be based on personal address of a student.
Similar Questions for you
Though both universities are considered best overall as well as for their Design programs in USA but neither Stanford not MIT are part of Ivy League. Some universities that are part of Ivy League are-
· Columbia University
· University of Pennsylvania
· Yale University
Both are very good but in different areas. MIT is considered a better choice for STEM courses. Princeton University stands out for its UG Liberal Arts courses. MIT has a better global reputation. It ranks above Princeton in the world rankings given by Shiksha and QS World. Princeton ranks above MIT on a national level as part of US News rankings.
Both offer very similar chances of admission. Princeton acceptance rate is 4.6%. MIT's stands at 4.5%.
Tuition cost to pursue BTech at MIT ranges between INR 51 L and INR 53 L. Duration of course may last between 4 to 5 years based on mode of study. Students can expect tuition cost of INR 53 L for specializations such as CSE, Aerospace Engineering, CS, Electrical Engineering, etc. Students can check some popular B.Tech specializations along with tuition cost below:
MIT B.Tech program | Tuition cost |
|---|---|
Computer Science and Engineering | INR 57 L |
Aerospace Engineering | INR 57 L |
Electrical Engineering | INR 57 L |
Chemical Engineering | INR 57 L |
Biological Engineering | INR 57 L |
Students who have completed their 12 can enter MIT only if their academic record is excellent over the year. The MIT acceptance rate is 5%, as per an unofficial source. This shows they are extremely competitive during admission. After completing the 12th with excellent grades, students can apply for UG courses. They must fulfill the basic eligibility and requirements.
Massachusetts Institute of Technology offers over 100 undergraduate and more than 50 graduate courses, including various popular majors such as Engineering, Physics, Mathematics, Management, Science, and more. International students can check the MIT popular majors along with the graduation rates from the table below:
Popular Majors | Graduation rates |
|---|---|
Computer Science | 26% |
Mechanical Engineering | 8% |
Mathematics | 13% |
Electrical and Electronics Engineering | 5% |
Physics | 5% |
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