Massachusetts Institute of Technology Net Price Calculator and Real Cost Breakdown
U.S. Department of Education data Net price 2022-23 Charges 2023-24 Verified 2026-08-13 Methodology
The published cost of attendance at Massachusetts Institute of Technology is about $82,730 for 2023-24 ($60,156 tuition and fees plus housing and food, and books and supplies), and the average student paid $21,519 after grants and scholarships (2022-23 federal data). Your actual price depends mostly on family income. Use the estimator below.
Source: U.S. Department of Education IPEDS, net price 2022-23, published charges 2023-24. Retrieved 2026-08-13.
Estimate your net price
Select your household income to see the average net price students in your bracket actually paid at Massachusetts Institute of Technology (2022-23 federal data).
per year, estimated
Average net price by household income
| Household income | Average net price (2022-23) |
|---|---|
| $0 to $30,000 | Not reported |
| $30,001 to $48,000 | Not reported |
| $48,001 to $75,000 | $4,621 |
| $75,001 to $110,000 | $13,696 |
| $110,001 and up | $46,627 |
Average net price for full-time first-time undergraduates awarded grant or scholarship aid. Source: IPEDS Student Financial Aid survey, 2022-23. Retrieved 2026-08-13.
Where the aid comes from
Aid received by full-time first-time undergraduates at Massachusetts Institute of Technology in 2022-23, by source:
- 18 percent received a federal Pell Grant, averaging $5,987.
- 57 percent received institutional grants or scholarships from the school itself, averaging $55,983.
- 2 percent received state or local government grants, averaging $2,242.
- 7 percent took out federal student loans, averaging $5,206. Loans must be repaid and do not reduce the net price.
Source: IPEDS Student Financial Aid survey, 2022-23, full-time first-time undergraduates. Retrieved 2026-08-13. These figures describe a past cohort and are not an offer or estimate of aid.
Published cost vs what students actually pay
58 percent of full-time first-time undergraduates received grant or scholarship aid (2022-23 IPEDS).
That average net price is $7,543 below the Massachusetts average of $29,062 across 71 reporting 4-year institutions (IPEDS SFA 2022-23, retrieved 2026-08-13).
Is the net price rising or falling?
The average net price at Massachusetts Institute of Technology fell $9,439 over the two years ending 2022-23.
Average net price by year, 2020-21 through 2022-23, from the IPEDS Student Financial Aid survey. Retrieved 2026-08-13.
Size, retention, debt, earnings, and completion
- 4,535 degree-seeking undergraduates enrolled. Source: College Scorecard, most recent fall. Retrieved 2026-08-13.
- 99 percent of full-time first-time students returned for a second year. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- 96 percent of students complete within 150 percent of normal time. Source: College Scorecard. Retrieved 2026-08-13.
- $14,768 median federal loan debt at graduation. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- $131,633 median earnings of former students 6 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
- $143,372 median earnings of former students 10 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
Earnings, debt, retention, and completion describe past federal aid cohorts as reported by the College Scorecard. They are not a promise of any individual outcome.
Common questions about Massachusetts Institute of Technology costs
What is the real cost of Massachusetts Institute of Technology?
Published tuition and fees at Massachusetts Institute of Technology are $60,156 for 2023-24. The average net price, the full cost of attendance minus grant and scholarship aid, was $21,519 (2022-23 IPEDS Student Financial Aid data, retrieved 2026-08-13). Your price depends mostly on household income.
How much aid do students at Massachusetts Institute of Technology get?
58 percent of full-time first-time undergraduates at Massachusetts Institute of Technology received grant or scholarship aid in 2022-23 (IPEDS, retrieved 2026-08-13). The income bracket table on this page shows the average net price after that aid.
Do students at Massachusetts Institute of Technology get Pell Grants?
18 percent of full-time first-time undergraduates at Massachusetts Institute of Technology received a federal Pell Grant in 2022-23, averaging $5,987 (IPEDS Student Financial Aid data, retrieved 2026-08-13). Pell eligibility is determined by your FAFSA, not by the school.
Is Massachusetts Institute of Technology worth the cost?
Federal data reports outcomes without judging value. Median federal loan debt at graduation is $14,768. Median earnings 10 years after entry are $143,372 (College Scorecard). Compare those figures with the net price for your income bracket to judge fit for your situation.
The school's official calculator
For a personalized federal estimate including your assets and family details, use Massachusetts Institute of Technology's official net price calculator.
CollegeNPC.com is not affiliated with or endorsed by Massachusetts Institute of Technology. Data is compiled from U.S. Department of Education public datasets. For the school's official net price calculator, visit the school's site.