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Massachusetts Institute of Technology

Cambridge, MA · Private Nonprofit

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4.7%
Acceptance
1550
SAT
$69,856
Sticker Price
$4,621
Net Price*
$143,372
Earnings
<1 yrs
Payback
26,904
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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What is Massachusetts Institute of Technology's acceptance rate?

Down 2 percentage points since 2018

With a 4.7% acceptance rate, Massachusetts Institute of Technology is considered extremely selective. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Massachusetts Institute of Technology?

Massachusetts Institute of Technology received 26,904 applications in 2023, up 24% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 86% is exceptionally high for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Massachusetts Institute of Technology?

Computer Science leads as the most popular major at Massachusetts Institute of Technology. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Massachusetts Institute of Technology?

Tuition has increased by 28% since 2015. Total cost of attendance (including fees and room & board) has grown 29% from $54,238 to $69,856.

Tuition Total Cost

How much do Massachusetts Institute of Technology graduates earn by major?

Graduates in Computer Science earn among the highest salaries, with median earnings of $127,993 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Computer Science $127,993
$17,846 $160,116
Electrical, Electronics and Co... $121,226
$17,846 $160,116
Mathematics $117,572
$17,846 $160,116
Economics $110,878
$17,846 $160,116
Business/Commerce, General $94,408
$17,846 $160,116
Biomathematics, Bioinformatics... $94,408
$17,846 $160,116
Physics $84,653
$17,846 $160,116
Aerospace, Aeronautical and As... $83,177
$17,846 $160,116
This school National avg

Massachusetts Institute of Technology Admissions Statistics (2018-2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 26,904 1,274 4.7% 85.6%
2022 33,767 1,337 4.0% 85.0%
2021 33,240 1,365 4.1% 86.2%
2020 20,075 1,457 7.3% 73.4%
2019 21,312 1,427 6.7% 77.2%
2018 21,706 1,464 6.7% 76.1%
2017 20,247 1,452 7.2% 75.5%
2016 19,020 1,511 7.9% 73.5%
2015 18,306 1,519 8.3% 72.8%

Is Massachusetts Institute of Technology worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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What do Massachusetts Institute of Technology graduates earn?

Median Earnings (10 years)
$143,372
Earnings Range (10th - 90th percentile)
$30,400 $143,372 median $242,300

Earnings vary widely: the bottom 10% earn $30,400 while the top 10% earn $242,300. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$131,633
Median Debt
$14,768
6-Year Graduation Rate
96.1%

How much does Massachusetts Institute of Technology cost?

The total cost of attendance at Massachusetts Institute of Technology is approximately $69,856 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$53,450
Fees
$406
Room & Board
$16,000
Total Cost of Attendance
$69,856

What You'll Actually Pay

Low-income families may pay nothing—or even receive money back for expenses. Massachusetts Institute of Technology meets full demonstrated financial need for admitted students. This means your admission decision is need-blind, and the school commits to making attendance affordable. File the FAFSA and CSS Profile early to maximize your aid package.

$0-30k income FREE (+$4,129)
$30-48k income FREE
$48-75k income $4,621
$75-110k income $13,696
$110k+ income $46,627

Which majors pay the most?

  • Computer Science $127,993
  • Electrical, Electronics and Communications Engineering $121,226
  • Mathematics $117,572
  • Economics $110,878
  • Business/Commerce, General $94,408

Who attends Massachusetts Institute of Technology?

Massachusetts Institute of Technology enrolls 11,920 students, with 29% from outside the United States. Women make up 44% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 11,920
Retention Rate 99%
International 29%
Women 44%
Race/Ethnicity
White 23%
Asian 21%
Hispanic 10%
Black 5%

How much financial aid is available?

64% of students receive some form of financial aid at Massachusetts Institute of Technology. About 19% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 64%
Avg: $55,629 free money/year
Pell Grant Recipients 19%
Federal aid for <$60k income families
Have Federal Loans 7%
Low debt burden
School's Own Grants 57%
Avg: $55,983 from school funds

How much do professors earn?

Faculty salaries at Massachusetts Institute of Technology are above the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

This school National avg

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