MIT Scholarship
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MIT Scholarship

Need Based
Scholarship
United States of America
Provided by Massachusetts Institute of Technology

Eligibility Criteria

  • Admission to an undergraduate program at MIT.
     
  • Other Requirements:
    • Demonstrated financial need as assessed by MIT Student Financial Services
    • Submission of the CSS Profile for financial aid consideration
    • Annual completion of the Student Information Review Form for scholarship matching​

Application Process

  • Submit an application to an undergraduate program at MIT.
  • Complete the CSS Profile through the College Board.
  • Submit any additional required documents as specified by MIT Student Financial Services.
  • All students who apply for financial aid and complete the CSS Profile are automatically considered for the MIT Scholarship.
  • If awarded, complete the Student Information Review Form annually.
  • Provide a thank-you note to the scholarship donor, if requested.​
     
  • Documents Required:
    • Completed CSS Profile.
    • Student Information Review Form (annually, if awarded).
    • Additional financial documents as requested by MIT Student Financial Services​.

Scholarship Benefits

  • Funding Coverage:
    • Scholarship amounts vary based on financial need; the median MIT Scholarship was $66,663 for the 2023–2024 academic year.
    • Covers tuition and may include additional expenses such as housing, meals, and personal costs, depending on individual financial need.​
       
  • Duration of Funding:
    • Awarded annually, with the possibility of renewal each year based on continued financial need and completion of required documentation.​
       
  • Extra Benefits:
    • An additional $2,000 grant for low-income first-year students to assist with the transition to college, covering expenses like bedding, winter clothing, and other essentials. This grant is divided equally between the fall and spring semesters.​

Additional Details

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Fields of Study
Open to all
Coverage
Full Tuition Waiver + Other Expenses
Deadline
Program Deadline Applies
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Scholarship Details

TypeNeed Based
FundingScholarship
Country United States of America

Universities

Massachusetts Institute of Technology