| Overall Rating | Gold |
|---|---|
| Overall Score | 69.67 |
| Liaison | Julie Newman |
| Submission Date | Sept. 30, 2021 |
Massachusetts Institute of Technology
PA-8: Affordability and Access
| Status | Score | Responsible Party |
|---|---|---|
|
3.94 / 4.00 |
MIT
Office of Sustainability Director Office of Sustainability |
Percentage of need met, on average, for students who were awarded any need-based aid :
Percentage of students graduating without student loan debt:
Percentage of entering students that are low-income:
Graduation/success rate for low-income students:
A brief description of notable policies or programs to make the institution accessible and affordable to low-income students:
MIT is one of only five colleges in the U.S. that is need-blind and full-need for all undergraduate students, domestic and international. Six out of every 10 students receive MIT need-based aid. For most students with family incomes under $90,000 a year (and typical assets), MIT ensures that scholarship funding will allow them to attend MIT tuition-free. Further, MIT provides first-year students from households with income of $65K or less with a grant of $2000 to cover the one-time costs of starting/moving to college.
A brief description of notable policies or programs to support non-traditional students:
MIT offers the MIT Professional Education Advanced Study Program, which is a chance to enroll in MIT's STEM (Science, Technology, Engineering, Mathematics) classes as a non-degree student for a semester, a year, or longer. MIT also considers students who are US military veterans to be independent for financial aid purposes.
Estimated percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students:
Website URL where information about the institution’s accessibility and affordability initiatives is available:
Additional documentation to support the submission:
Data source(s) and notes about the submission:
The "graduation/success rate for low-income students" is the six-year graduation rate for the 2014 cohort of recipients of a Federal Pell Grant.
The "graduation/success rate for low-income students" is the six-year graduation rate for the 2014 cohort of recipients of a Federal Pell Grant.
The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution or simply email your inquiry to stars@aashe.org.