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Undergraduates with family income below $200k will be tuition-free at MIT
Undergraduates with family income below $200,000 can expect to attend MIT tuition-free starting next fall, thanks to newly expanded financial aid. Eighty percent of American households meet this income threshold.
And for the 50 percent of American families with income below $100,000, parents can expect to pay nothing at all toward the full cost of their students’ MIT education, which includes tuition as well as housing, dining, fees, and an allowance for books and personal expenses. As noted earlier: Starting next fall, for families with income below $100,000, with typical assets, parents can expect to pay nothing for the full cost of attendance, which includes tuition, housing, dining, fees, and allowances for books and personal expenses. For families with income from $100,000 to $200,000, with typical assets, parents can expect to pay on a sliding scale from $0 up to a maximum of around $23,970, which is this year’s total cost for MIT housing, dining, fees, and allowances for books and personal expenses.
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