'24 Massachusetts Institute of Technology Undergraduate Need-Based Aid (US Based)

APPLICATIONS NOW CLOSED, RE-OPENS IN AUG/SEP

Scholarship Awarding University: 

Type of degree: 
Bachelor’s

Scholarship Deadline: 
Applications for this scholarship will end on the 15th of February, 2024.

Scholarship Summary: 
MIT scholarships are awarded based solely on financial need and come from endowments, gifts from MIT alumni and friends, and MIT general funds. All students (domestic and international) who apply for financial aid and fill out the CSS profile are automatically considered for an MIT scholarship. 60% of undergraduate students will receive an MIT scholarship.

Scholarship Applicant Criteria:
To be eligible for consideration, applicants must;
i. Apply by the January 4th deadline and be admitted into MIT. 
ii. Demonstrate financial need

As a guide, about 58% of incoming undergraduates will receive MIT Scholarships.

Value of Scholarship: 
The MIT Scholarship will meet 100% of the demonstrated need of each recipient. As a guide, the average grant was  $53,997 for 2021–2022.

Scholarship Application Guide: 
To apply, fill out the following required forms;
1. FAFSA: the form you need to fill out to receive any federal or state student aid (Required for US citizens and permanent residents only). Designate MIT as one of your recipients using the Federal Code 002178
2. CSS Profile: a tool provided by the College Board that MIT uses to determine if you qualify for a need-based MIT Scholarship. Designate MIT as one of your recipients using the CSS code 3514
3. Parental tax returns or income documentation: your parents’ tax returns or income documentation must be submitted through the College Board’s secure IDOC platform.

Find more details on the MIT Financial Aid application process here.

Scholarship Website: 
Find further information on this scholarship opportunity at the MIT Freshman Scholarship Page.