The Massachusetts Institute of Technology (MIT), established in 1861, is a prestigious private university located in the urban setting of Cambridge, Massachusetts. Known for its rigorous academic programs and groundbreaking research, MIT consistently ranks among the top universities globally. In the 2024 edition of Best Colleges, MIT holds the impressive position of #2 position among National Universities.
With a small student body of 4,657 undergraduates, MIT offers a close-knit community characterised by a 3:1 student-to-faculty ratio, allowing for personalised attention and mentorship. The university operates on a 4-1-4 academic calendar, which includes two regular semesters and a winter term.
Step-by-Step Guide to the University Admission Process
MIT is known for its highly selective admissions process, with an acceptance rate of just 4%. The application requires:
Financial Considerations of attending Massachusetts Institute of Technology
For the 2024-2025 academic year, the estimated cost of attending MIT is:
Despite these high costs, MIT offers substantial financial aid. The average financial aid package is $60,077, with an average need-based award of $60,345. Approximately 58% of students receive financial aid, and an impressive 99.9% of students have their full need met. The financial aid process is needs-based, with a priority application deadline of February 15. Applicants must submit the FAFSA and CSS Profile to be considered.
Conclusion
MIT is a symbol of academic brilliance and cutting-edge innovation, providing an exceptional educational experience for those ready to embrace its challenges. As one of the top private institutions in the world, the Massachusetts Institute of Technology (MIT) is renowned for its commitment to excellence and its influential role in shaping the future of technology and science.
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Also It might be of interest to explore : Harvard University Scholarships Details 2024/2025
Type of Opportunity | Scholarships and Fellowships U.S Colleges |
---|---|
Country | USA |
Open to | All |
Organizer | Massachusetts Institute of Technology (MIT) |