Massachusetts Institute of Technology

Cambridge, MA

privateDoctoral Universities: Very High Research Activity (R1)

Safety

D

ROI

A+

Massachusetts Institute of Technology is a mid-size private non-profit R1 doctoral research university located in Cambridge, Massachusetts, with an undergraduate enrollment of 4,535. As a Carnegie R1 doctoral research institution, it supports graduate and professional programs across a broad range of academic disciplines alongside its undergraduate curriculum, with faculty engaged in funded research programs. As an independently governed, non-profit institution relying on tuition, endowment returns, and philanthropic support, it operates within the broader Massachusetts postsecondary education landscape and is regionally accredited, making its credits and degrees eligible for federal financial aid. With a 5% acceptance rate, admission is highly selective. With fewer than 1 in 10 applicants admitted, the institution ranks among the most competitive in the country for undergraduate admission. Net price for families earning \$48,001–$75,000 averages $1,480 per year. The highest program-level earnings outcomes are in CIP 00 — 10-year median earnings among aid recipients in these fields reach $214,070. The 4-year graduation rate is 96%, 51 percentage points above the national average of 45%. Among students who received federal financial aid, 10-year median earnings are $143,372. FIRE rates the campus free speech climate at 60/100 — a mixed record on speech protections.

Acceptance Rate

4.5%

Avg Net Price

$20,111

6-yr Grad Rate

96.4%

Earnings 10yr

$143,372

The Numbers

Admissions

Acceptance Rate
4.5%
SAT Range
1520–1580
ACT Range
34–36
Enrollment
4,535
Student:Faculty
3:1

Costs & Outcomes

In-State Tuition
$62,396
Out-of-State Tuition
$62,396
Room & Board
$20,280
Students Receiving Aid
19.3%
Median Debt at Grad

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Data from U.S. Department of Education (IPEDS, College Scorecard, Clery Act), Bureau of Labor Statistics, and FIRE. Updated annually. Not affiliated with Massachusetts Institute of Technology.