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.
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