MIT To Be Tuition-Free In 2025 For Students From Income Group Below $200,000

Study in US: The newly expanded financial aid at MIT starting in 2025 will cover 80% of US students admitted to the institute.

Massachusetts Institute of Technology (MIT) announced that in the fall of 2025, undergraduates from family incomes below $200,000 will be able to attend MIT tuition-free. The new limit includes 80% of American households. Moreover, the families whose parents' income is below $100,000 will be required to pay nothing for education at MIT. Their tuition, housing, fees, dining, and allowances for personal expenses and books will also be covered.

MIT President Sally Kornbluth said, “MIT’s distinctive model of education — intense, demanding, and rooted in science and engineering — has profound practical value to our students and to society. As the Wall Street Journal recently reported, MIT is better at improving the financial futures of its graduates than any other U.S. college, and the Institute also ranks number one in the world for the employability of its graduates.”

“The cost of college is a real concern for families across the board,” Kornbluth adds, “and we’re determined to make this transformative educational experience available to the most talented students, whatever their financial circumstances. So, to every student out there who dreams of coming to MIT: Don’t let concerns about cost stand in your way," added Sally Kornbluth.

Till now, the $200,000 threshold was $140,000 for tuition-free attendance and the $100,000 threshold was $75,000.

Students Ability To Pay Fees Is Not Part Of MIT Admission Process

In the US, out of only nine colleges, MIT is also such an institute which does not consider applicants' ability to pay tuition as part of the admissions process. It also does not expect students from low-income groups to take loans. It does not provide admissions advantages to children of donors or alumni.

Stu Schmill, MIT’s dean of admissions and student financial services says, “We believe MIT should be the preeminent destination for the most talented students in the country interested in an education centered on science and technology, and accessible to the best students regardless of their financial circumstances."

Schmill, who graduated from MIT in 1986 commented, “With the need-based financial aid we provide today, our education is much more affordable now than at any point in the past. Even though the ‘sticker price’ of MIT is higher now than it was when I was an undergraduate.”

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