The Massachusetts Institute of Technology (MIT) is one of the world’s most prestigious universities, attracting top talent from across the globe. However, the cost of studying at MIT can be a significant concern for many international students. To support students financially, MIT offers various scholarships, grants, and financial aid programs to ensure that talented individuals, regardless of their financial background, have access to world-class education.
In this blog, we will explore the different types of scholarships available at MIT, the eligibility criteria, the application process, and key tips for securing financial aid.
MIT follows a need-blind admission policy for all students, including international applicants. This means that an applicant’s financial status does not affect their admission decision. However, MIT provides financial aid based on demonstrated financial need rather than academic merit.
Who Can Apply? International students who demonstrate financial need.
Coverage: MIT meets 100% of demonstrated financial need through grants and student employment opportunities.
How is Financial Need Determined? MIT assesses the family's income, assets, and other financial responsibilities to calculate the financial aid package.
In addition to MIT’s need-based aid, international students can apply for scholarships from private organizations, non-profits, and government agencies. Some notable external scholarships include:
The Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP)
The Fulbright Program
The Inlaks Shivdasani Foundation Scholarship (for Indian students)
The P.E.O. International Peace Scholarship (for female international students)
Graduate students at MIT can apply for Research Assistantships (RAs) and Teaching Assistantships (TAs), which provide:
A monthly stipend
Full or partial tuition coverage
Valuable research and teaching experience
For international students applying to the MIT Sloan School of Management, various fellowships and financial aid programs are available, such as:
Legatum Fellowship (for entrepreneurial students from emerging markets)
MIT Sloan Social Impact Fellowships
To qualify for financial aid or scholarships at MIT, international students must meet the following requirements:
Submit your Common Application or Coalition Application.
Provide academic transcripts, SAT/ACT scores (optional for some programs), essays, and recommendation letters.
International students must submit the CSS Profile to apply for financial aid.
The CSS Profile collects detailed information about family income, expenses, and assets.
Some students may need to submit additional financial documents (such as tax returns and bank statements).
Research private and government scholarships available in your home country.
Check specific deadlines and application requirements for each scholarship.
After admission, graduate students can apply for assistantships through their department.
Professors and academic advisors may assist in securing RA/TA positions.
Application Type | Deadline for Admission | Financial Aid Deadline |
---|---|---|
Early Action | November 1 | February 15 |
Regular Decision | January 5 | February 15 |
Graduate Programs | Varies by Department | Check with Department |
MIT is committed to making education accessible to international students through its need-based financial aid, assistantships, and external scholarships. By understanding the eligibility criteria, application process, and deadlines, students can improve their chances of securing financial support to study at one of the world’s leading institutions.
If you’re planning to apply for MIT scholarships, start preparing early, explore additional funding options, and ensure you meet all financial aid deadlines.