How much will an MIT undergraduate degree cost me, and how much can financial aid reduce it?
MIT's full cost of attendance for 2026-27 is USD 92,760, with tuition at USD 66,720. MIT meets 100 percent of demonstrated need. Families earning under USD 200,000 with typical assets typically attend tuition-free, and those under USD 100,000 pay nothing toward the degree.
MIT's full cost of attendance for 2026-27 is USD 92,760 (approx INR 89.11 L), with tuition alone at USD 66,720 (approx INR 64.10 L). The price most families actually pay is far lower, because MIT meets 100 percent of demonstrated financial need.
MIT cost and aid for 2026-27
| Item | Details |
|---|---|
| Full cost of attendance (tuition, housing, food, fees) | 92,760 (approx INR 89.11 L) |
| Tuition alone | 66,720 (approx INR 64.10 L) |
| Family income under USD 200,000 a year | Typically tuition-free with typical assets |
| Family income under USD 100,000 a year | Nothing paid toward the degree |
| Median price paid by scholarship recipients | 10,268 (approx INR 9.86 L) |
Things to keep in mind
- Aid is based on demonstrated need, so your family's financial details drive the outcome
- Living costs in a city like Boston add to your overall budget, so plan them separately from tuition
- Check scholarships for Indian students in the USA early, as aid can change your real cost a lot
My Advice
Do not rule MIT out because of the sticker price. Work out your family's income against the aid bands above, use MIT's own aid estimator if it is available, and shortlist a few other schools with strong aid so you are not relying on one outcome.
This information is available on: sfs.mit.edu
Looking for a specific course in the USA?
We will find the universities that offer it, and whether you will get in.
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