- The Inkwell
- Massachusetts
- Massachusetts Institute of Technology
Cambridge, MACity: midsizeZIP 02139Founded 1861
- Sector
- Private nonprofit
- Founded
- 1861
- Motto
- mens et manus
- Carnegie class
- Doctoral: very high research activity (R1)
- Highest degree
- Graduate degree
- Federal aid since
- 1965
- Website
- web.mit.edu
MassachusettsPrivate nonprofit
Massachusetts Institute of Technology
Massachusetts Institute of Technology is a private nonprofit university in Cambridge, Massachusetts, with 4,535 undergraduates. It admits 4.5% of applicants, graduates 96% within six years and costs $14,815 a year after aid.
96%graduate
Admission rate4.5%
Retention99%
4-year graduation86%
Pell Grant share24%
Federal loans6.8%
$14,815net price / year
4.5%admission rate
1560average SAT
96%graduate in 6 years
$152,553median earnings, 10 yrs
$14,000median debt
#3 of 1,704 for earnings#489 of 1,739 for lowest net price#21 of 1,738 for graduation rate#7 of 1,552 for selectivity
what it costs
Cost and net price
Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.
Published cost
- Cost of attendance
- $85,960tuition, fees, housing, books, per year
- Tuition & fees, in-state
- $64,730
- Tuition & fees, out-of-state
- $64,730
- Average net price
- $14,815national median $19,980
Net price by family income
$0–30,000—
$30,001–48,000—
$48,001–75,000$4,283
$75,001–110,000$8,020
$110,001+$50,747
getting in
Admissions and test scores
Admission
- Admission rate
- 4.5%national median 77%
- Average SAT
- 1560
- SAT reading, middle 50%
- 740–780
- SAT math, middle 50%
- 780–800
- ACT composite, middle 50%
- 34–36
Against the national median
Admission rate · this college4.5%
Admission rate · U.S. median77%
Retention · this college99%
Retention · U.S. median76%
Graduation · this college96%
Graduation · U.S. median55%
Pell share · this college24%
Pell share · U.S. median39%
after enrolling
Graduation, earnings and debt
Completion
- Graduation rate, 6 years
- 96%within 150% of normal time
- Graduation rate, 4 years
- 86%
- First-year retention
- 99%
- Award within 8 years, all students
- 97%
Earnings and debt
- Median earnings, 6 years after entry
- $137,488
- Median earnings, 10 years after entry
- $152,553middle 50%: $93,337–$248,423
- Median debt at graduation
- $14,000
- 3-year loan default rate
- 0%
Earnings ten years after entry
Upper quarter$248,423
Median, Massachusetts Institute of Technology$152,553
Lower quarter$93,337
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here
Students and faculty
Undergraduates
- Degree-seeking undergraduates
- 4,535
- Part-time
- 1.0%
- Women / men
- 48% / 52%
- Average age at entry
- 19.3
- First-generation students
- 26%
- Pell Grant recipients
- 24%
Faculty and resources
- Student-to-faculty ratio
- 3 : 1
- Full-time faculty
- 99%
- Average faculty salary
- $24,177 / month
- Instructional spending per student
- $99,057
- Endowment, end of year
- $24,572,716,000
Race and ethnicity, undergraduates
White21%
Hispanic14%
Black7.7%
Asian35%
Two or more races6.8%
U.S. nonresident12%
American Indian / Alaska Native0.2%
Unknown3.0%
15 fields of study
Most popular fields
Share of bachelor’s degrees awarded, by broad field (CIP family).
Computer & information sciences35%
Engineering27%
Mathematics & statistics10%
Multi/interdisciplinary studies9.8%
Physical sciences6.7%
Biological & biomedical sciences4.1%
Architecture2.3%
Business & management2.3%
keep comparing
Similar colleges
Private nonprofit colleges in Massachusetts
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Bentley University Waltham, MA | $38,969 | 88% | $126,427 |
| Suffolk University Boston, MA | $40,008 | 58% | $75,345 |
| Merrimack College North Andover, MA | $39,219 | 69% | $74,412 |
| Emerson College Boston, MA | $49,215 | 80% | $67,317 |
| Wentworth Institute of Technology Boston, MA | $30,134 | 63% | $94,995 |
| Worcester Polytechnic Institute Worcester, MA | $43,885 | 90% | $113,513 |
Same Carnegie class, similar price
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Columbia University in the City of New York New York, NY | $15,370 | 95% | $109,430 |
| University of California-Berkeley Berkeley, CA | $14,538 | 94% | $100,212 |
| University of California-Los Angeles Los Angeles, CA | $14,659 | 93% | $88,581 |
| University of Michigan-Ann Arbor Ann Arbor, MI | $14,362 | 93% | $92,832 |
| Vanderbilt University Nashville, TN | $15,497 | 93% | $99,080 |
| University of Chicago Chicago, IL | $16,776 | 95% | $103,872 |
Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 166683. Founding year, motto and memberships: Wikidata Q49108.