Massachusetts Institute of Technology

Yes, MIT offers scholarships to students for all its programs. Most of the scholarships given to them, are need-based. In fact, 58% of students pursuing undergraduate from this school are offered need-based scholarships. More than 33% of these students have received scholarship grants more than or equal to the cost of living in the USA. The international students can avail all these scholarships at MIT Engineering School going for the UG and PG programs:·         MIT Scholarships: These grants are awarded based on financial need and are available to all students who apply for financial aid and complete the CSS Profile. The median MIT Scholarship for 2023–2024 was USD 66,663. ·         MIT International Excellence Scholarship: This merit-based scholarship is available to new students and covers 20% of program tuition fees. ·         MIT Academic Achievement Scholarship: This merit-based scholarship covers 30% of program tuition fees. ·         Action, Impact, and Motivation (AIM) Scholarship: This scholarship awards up to USD 20,000 to a team of 1–2 Sloan Fellows MBA students to complete a social impact project in India. MIT also offers other financial aid options, including fellowships, federal and private loans, and external awards. Students can contact the Student Funding office at Sloan for a list of external awards specific to business school students.The university also allows students to avail of external scholarships provided by various private organizations. These scholarships help international students to get a partial or full scholarship for pursuing their studies at MIT:Scholarship NameScholarship BenefitsScholarship EligibilityFulbright-Nehru Master’s FellowshipsTuition fees | partial living expenses | Healthcare expensesMinimum 55% in bachelor’s program | At least 3+ years of work experience; Community service experienceJN Tata Endowment for Higher Education of IndiansLoan scholarship 1,00,000 and 10,00,000 INR | Additional gift worth 75,000 INR (case dependent)Over 60% in bachelor degree | Below 45 years of age | Enrolling in 2-year master’s programDebesh-Kamal Scholarship for Higher Studies1,00,000 INR for tuition feesBelow 30 years of age | Preferably beginning degree in social science or related programNarotam Sekhsaria Foundation ScholarshipsInterest-free loanOver 60% in undergraduate program | Below 30 years of ageInlaks Shivdasani Foundation ScholarshipsUp to 100,000 USDMinimum 70% in bachelors program | Below 30 years of ageKC Mahindra Education Trust ScholarshipInterest free loan of 4,00,000 to 8,00,000 INRAt least 65% in undergraduate program 

MIT stays on top of the list of any student willing to go for Higher studies in Engineering. The MS first year tuition fee at MIT can range between INR 49 L to 51 L. MS Specizlizations          First Year FeesMaster of Science Aeronautics and Astronautics            INR 51.85 LMaster of Science Program in Computational Science and Engineering            INR 49.97 LMaster of Science in Chemical Engineering Practice            INR 48.17 LMaster of Science in Nuclear Science and Engineering            INR 51.85 L 

MIT School of Engineering is a highly regarded school with great programs revolving around STEM. It stands at rank #1 in the best Engineering schools around the world, by US News and World Ranking, and it receives an A++ grade on Shiksha based on very important factors and considerations. The MIT acceptance rate in Engineering programs stands at 8%, meaning out of every 100 applicants, only 8 are given admission at their school. It is very important to stand out of the rest of the applicants all around the world, and for that these are the admission requirements for International Students for PG level of study:·         Bachelor’s Degree (GPA 3-4) in relevant Subjects·         Statement of Purpose·         Essay on why do you want to be at MIT·         Letters of Recommendation·         Creative Portfolios·         Official Transcripts of all the schools and colleges attended·         Video Statement·         Standardized Entrance Tests(GMAT/GRE)·         Any English Proficiency Test (IELTS/TOEFL/Cambridge English Test/Duolingo)For UG level of Study at MIT:·         High School (3.5 GPA) in relevant Subjects·         Statement of Purpose·         Essay on why do you want to be at MIT·         Letters of Recommendation·         Creative Portfolios·         Official Transcripts of the school attended (for credit transfer)·         Video Statement·         Standardized Entrance Tests(GMAT/GRE)·         Any English Proficiency Test (IELTS/TOEFL/Cambridge English Test/Duolingo) 

MIT school of Engineering and Harvard, both the schools are considered the best in their fields of study. Both the Schools are known to provide the world class Education to any student who manages to get into these schools. Here is a table showing difference between the both schools for a clearer picture:Basis of Difference MIT School of EngineeringHarvard TechKnown forSTEM(Science, technology, Engineering, Math)Humanities, Literature and Social Sciences, Business AdministrationAcceptance Rate8%9.5%First year tuition fee(Approx)USD 85,960 (INR 71 L)USD 61,000(INR 51 L)Placement Rate90%86%Annual PackageUSD 126,000(INR 1 Cr)USD 86,000(INR 72 L)Rankings#1#20 Note: The data given might vary on the basis of Job market, interview performance, work history, grades, and market conditions.These schools are the best Schools in the world, however MIT is known for its focus on Technological fields(STEM), on the other hand Harvard is known for its Management, Language and Literature, and Humanities programs. While the acceptance rate and the 1st year tuition fee to Harvard in Engineering programs seems higher than MIT, MIT offers higher placement rates with a better annual salary package after graduating. If a student is specifically looking for a School with high focus on Employability, and inclination towards Engineering and Technology, they should go for MIT.

Massachusetts institute of Technology is known for its specialty in providing top notch Engineering programs. The MIT School ranked #1 in the best Engineering schools of the world, according to US world and News. All of its programs are highly regarded, but these are some most popular programs at this School:MIT has been ranked first in this field by US News & World Report since 1990.·         Aerospace/Aeronautical/Astronautical engineering ·         Chemical Engineering·         Computer Engineering·         Electrical/Electronic/Communications Engineering·         Materials Engineering·         Mechanical Engineering