Massachusetts Institute of Technology (MIT) Scholarships 2025: Amount and Eligibility

The Massachusetts Institute of Technology (MIT) provides 100% of demonstrated financial need through scholarships. For the 2025-2026 academic year, MIT estimates offering $170 million USD in need-based aid, up from $167.3 million USD in the previous year. MIT scholarships are funded by general funds, the endowment, and gifts from alumni. 6 out of 10 students receive need-based aid, and while exact figures for Indian students are unavailable, they can also apply for external scholarships like the Inlaks Shivdasani Foundation and Fulbright-Nehru Fellowships. The annual cost of MIT is $85,960 USD (approx. ₹72,90,000 INR), but with financial aid, this cost is reduced by up to 60%. The average MIT scholarship is expected to be $63,146 USD (approx. ₹52,75,538.88 INR), and 86% of graduates complete their education debt-free.

• MIT offers $170 million USD in need-based aid for 2025-2026.
• Annual cost of MIT programs is $85,960 USD (₹72,90,000 INR).
• 86% of graduates graduate debt-free.
• Indian students can apply for external scholarships like Inlaks and Fulbright-Nehru Fellowships.

Also Check: Massachusetts Institute of Technology Programs

MIT Scholarship by Family Income Range

Massachusetts Institute of Technology financial aid options are also awarded on the basis of family income range. To study in USA and avail an MIT scholarship, you need to provide your family’s annual income range. The details of Massachusetts Institute of Technology international students scholarship according to their income range are given below:

Note: USD 1 = INR 84.81 as on Dec 14^th 2024

MIT Scholarships for Undergraduate Programs

Around 58% of undergraduate students at MIT receive need-based financial aid. Notably, 33% of scholarship recipients receive grants that cover their full cost of studying at MIT. The following factors are considered when determining eligibility for MIT scholarships for Indian students:

• Number of people in the family
• Number of children attending college
• Permanent residence status
• Total parent income (both taxed and untaxed)
• Taxes paid
• Unreimbursed medical expenses
• Private school tuition for younger siblings
• Total family assets

MIT Scholarships for Postgraduate Students

For postgraduate programs at MIT, scholarships are primarily decentralized and managed by individual graduate departments. While some programs offer partial tuition fee waivers, most graduate students receive support through fellowships.

• Graduate fellowships provide partial or full tuition coverage, along with a living stipend to help cover living expenses in the U.S. The fellowship amount can go up to $4,000 USD (approximately ₹3,34,180.40 INR).

• Graduate students also have the opportunity to apply for research assistantships (RAs) and teaching assistantships (TAs). The stipend for these roles varies depending on the department and the specific responsibilities.

• For some graduate programs, MIT also provides need-based scholarships, with the amount depending on the student's financial need and the specific program they are applying to.

• Fellowships, assistantships, and other forms of aid may be considered "earned income" for tax purposes.

These financial support options are crucial for international students seeking to pursue graduate programs at MIT, helping to reduce the overall cost of education.

How to Apply for MIT scholarships

If you are applying for financial aid at the Massachusetts Institute of Technology (MIT), follow these steps to ensure your eligibility:

1. CSS Profile:
   The CSS Profile, a tool from Collegeboard, is used to determine eligibility for MIT scholarships. To complete the 2024-2025 profile, you will need to provide the following documents:

   • Parent’s income tax statements
   • Records of any other money earned
   • Current bank account balances
   • Records of investments
   • Untaxed income records

   Applicants will also need to answer supplementary questions within the CSS Profile. The CSS Profile code for MIT is 3514.

2. Parental Tax Return or Income Documentation:
   After submitting the CSS Profile, applicants must provide their parents’ tax return statements to Collegeboard's secure IDOC (Institutional Documentation Service) for processing.

Application Deadlines for MIT Scholarships (Undergraduate):

• Early Action: November 30, 2024
• Regular Action: February 15, 2025
• Continuing Students: February 15, 2025

Make sure to submit all documents and forms on time to be considered for MIT’s need-based financial aid.

External Scholarships for International Students

While domestic students are entitled to federal grants and scholarships, such is not possible for international students. If they are unable to secure MIT scholarships and grants, then students need to depend on external scholarships, grants, or loans. These scholarships, funded by trusts, corporate firms, and the government, allow students to higher education in USA. Given below are some external Massachusetts Institute of Technology scholarships for Indian students: 

Massachusetts Institute of Technology recommends every Indian or other international applicants to fill out an annual student information review form. This helps the university authorities to match the right scholarship from the right donor. With the right scholarship, you will be able to study coviniently for the MIT degrees.

FAQs

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