MIT – Massachusetts Institute of Technology
Jul 13th, 2009 | By Samuel | Category: Need Blind AdmissionsAbout Financial aid
MIT’s “sticker price” should not be a factor in your decision to apply or enroll here. The percentage of our students receiving financial aid is extraordinarily high – 89% for undergraduates and approximately 82% for graduate and professional students (click here for more financial aid statistics). MIT itself is the largest source of financial aid to our undergraduate, graduate, and professional students, providing almost $224 million in fiscal 2007.
At MIT, we have three guiding principles for undergraduate admissions and financial aid:
- We seek out and admit the most talented and promising students without regard to their family financial circumstances.
- We award undergraduate aid on the basis of financial need only. This means that we don’t offer any merit or athletic scholarships.
- We meet the full need of each undergraduate for all four years.
Click here for information about financial aid for graduate students.
Approximately 89 percent of MIT undergraduates receive some type of financial aid (scholarships, loans and term-time jobs) from some source (MIT, federal, state, or private). This includes need-based and merit-based aid from non-MIT sources.
The largest source of undergraduate financial aid is an MIT scholarship – money that you don’t have to pay back or earn. MIT scholarships are based on your family’s ability to contribute towards the price of your education. These scholarships come from a variety of MIT sources, including endowed funds, gifts donated by alumni/ae and friends, and general Institute funds.
Applying for aid
If you’re interested in applying for need-based financial aid, you need to apply each year, regardless of whether you’re a prospective or enrolled student. The steps and deadlines for applying for financial aid vary according to your enrollment status, so select your category below:
Deadline for all materials:
February 15 – all prospective undergraduates (freshmen and transfers)
April 15 – enrolled undergraduates; prospective and enrolled graduate students
[...] MIT, Massachusetts Institute of Technology in Massachusetts [...]
My name is Serkalem Solomon. I am a fourth year Mechanical Engineering student in Mekelle University which is found in Ethiopia. I am highly motivated if you give me a scholarship opportunity at your University.
Best regards,
My name is Liele Getachew .I am an undergraduate from a school known as Yenegew sew found in Ethiopia. I am a promising student hoping to study the most complicated lesson you MIT’s have to offer . The harder the better.But it’s a shame that i missed your financial aid give away. I was hoping if you can postponed the deadline or make an exception . I will not disappoint you or the MIT legacy.
Dear
How are you? I am very fine except longing for you. I am a 25 year young Ethiopian(Habesha) having a Bsc degree in Medical Radiological Technology from the biggest ethiopian University(Addis Ababa University). I have been teaching Radiography students for the past 3 years in Harar Health science college & Adama University. Throughout my experience i was so interested in the medical equipment part & i hoped if i got & learn Medical engineering that i can be more succesfull & will be very happy. so, your interesting friend(the writer of this letter) is asking you that is there a way? easy way (free)? full scho? to learn Medical Enginnering?
I love you.