Massachusetts Institute of Technology (MIT) announced it will provide free tuition to undergraduate students from families earning less than $200,000 annually, starting in the 2025-26 academic year. For students from families earning less than $100,000, MIT will also cover other expenses such as housing, dining, fees, and an allowance for books and personal expenses.
The Massachusetts Institute of Technology announced Thursday it is offering free tuition to undergraduate students whose families earn less than $200,000 a year. For those earning less than $100,000 annually, MIT will also cover other costs including housing, dining, fees and an allowance for books and personal expenses. The offer will begin for the 2025-26 academic school year.
However, most students receive significant financial aid to attend. MIT says the median annual cost paid by an MIT undergraduate receiving financial aid was $12,938. MIT estimated that 87% of graduates from the class of 2024 finished college debt-free. The university says that there is significant value that comes with graduating from MIT. The school says the average starting salary for graduates entering industry is $126,438. The median earnings for full-time workers in the U.S.
MIT Tuition Free College Financial Aid Undergraduate
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