Massachusetts Institute of Technology

  • low financial help rate

    Last year, 3,047 undergraduate students (68% of all students) have received grants, scholarship, and/or federal student loans at Massachusetts Institute of Technology.

    Number Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
    Grant or scholarship aid3,047 68%$126,213,136$41,422
    Pell Grants769 17%$3,380,652$4,396
    Federal Students Loans607 14%$4,018,176$6,620
  • Last year, 3,047 undergraduate students (68% of all students) have received grants, scholarship, and/or federal student loans at Massachusetts Institute of Technology.

    Number Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
    Grant or scholarship aid648 58%$28,024,514$43,248
    Federal Grant Aid184 17%$1,455,022$7,908
    Pell Grants184 17%$853,022$4,636

68% Undergraduate Students Got Financial Aid

3,047 undergraduate students (68% of all students) have received grants, scholarship, and/or federal student loans at Massachusetts Institute of Technology ( compared similar schools). The average amount of grants of scholarship aid is $41,422 and the average loan amount is $6,620.

Number Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid3,047 68%$126,213,136$41,422
Pell Grants769 17%$3,380,652$4,396
Federal Students Loans607 14%$4,018,176$6,620

First-time Full-time Undergraduate Students (Freshmen)

648 freshmen have received one or more types of financial aid at Massachusetts Institute of Technology ( compared similar schools). The average amount of federal, state, local or institutional grant aid is $43,248 and the average amount of student loans awarded to full-time first-time undergraduates is $7,530. Next table shows the financial data by type of aid at Massachusetts Institute of Technology.

Number Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid66960%--
Grant or scholarship aid648 58%$28,024,514$43,248
Federal Grants184 17%$1,455,022$7,908
Pell Grants184 17%$853,022$4,636
Other Federal Grants151 14%$602,000$3,987
State/Local Grants19 2%$37,748$1,987
Institutional Grants644 58%$26,531,744$41,198
Student Loans180 16%$1,355,311$7,530
Federal Student Loans150 13%$880,430$5,870
Other Student Loans42 4%$474,881$11,307

Massachusetts Best Colleges

CollegeEvaluator
Required to sign in to save schools/groups.