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Massachusetts Institute of Technology

Cambridge, MA
web.mit.edu/student
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Median SAT/ACT
1500/34
Enrollment
4,476
MIT is one of the world’s most respected science schools, and with good reason. For one, consider its notoriously competitive selection process—about 25% of students got perfect scores on their math SAT. Then there’s the grueling workload, which includes physics, biology, chemistry, and calculus as required courses. And, of course, MIT’s professors are world class, with nine Nobel Prize winners currently on the faculty. All that hard work reaps rewards, as the 91% of Techies who graduate tend to do very well. Those who go straight into the workforce report earning 17% more than students from similar schools. While the school isn’t exactly a bargain, it’s one of the less expensive private schools and generous with aid: 60% of students get financial aid. As a result, the average loan debt upon graduation was about $13,600. MIT has a highly diverse student body, with no one ethnic group making up a majority. The urban campus in Cambridge gives students access to nightlife and the cultural activities of nearby Boston. Techies are known for creative nerdy fun like playing Quidditch or experimenting in the Laboratory for Chocolate Science.
Costs
Est. Full Price 2016–17
$63,500
% of students who get financial aid
56%
Estimated price for students who receive aid
$26,300
Average price for low-income students
$5,913
Financial Aid
% of students who get need-based aid
56%
% of need met
100%
% of students who get merit aid
N/A
Average merit grant
N/A
Student Success
Est. graduation rate
91%
Average time to degree
4.1 years
Average student debt
$13,645
Average salary within 5 years
$74,800
Admissions
Acceptance rate
8%
Median SAT/ACT Score
1500/34
Average student debt
$13,645
SAT/ACT required?
yes
Key Deadlines
Early decision
N/A
Regular application
Jan 1
Financial aid
N/A

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations.

Massachusetts Institute of Technology also appears onSee What Students Have to Say
I absolutely love my school and I wouldn't change it at all! It's probably the most stressful, hard, and demanding thing I've done up to now but that's what I love about it! It's a challenge and it really is intense but the people I've met, my friends, help me through it all and I love that! The community at MIT is amazing too, there are so many different people on campus both mainstream and off-stream(I guess that's how you say it?) but that makes everyday much better in an open and accepting campus.
Although I am only a freshman, I truly love it here. The course load is heavy, but there are amazing people here that are always willing to help, which lightens some of the load. I love the classes I have taken so far, and they are all very engaging. The people here are what makes me love MIT the best. They make the campus feel like home.
Although it is a challenging place to be, I have found a home at MIT with crazy-smart, caring people who all want to change the world. I think the thing that best characterizes MIT students is the desire to do something great, something beyond the ordinary. It is an extraordinary place to be.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations.

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