Massachusetts Institute of Technology

Cambridge, massachusetts · Private nonprofit · Private Institution

Massachusetts Institute of Technology is one of the nation's most selective research universities located in Cambridge, Massachusetts. Founded in 1861, it is a private nonprofit institution with an enrollment of approximately 11,934 students. MIT is highly selective, admitting 4% of applicants, and boasts a 94% graduation rate. Graduates report exceptional median earnings of $115,000 ten years after enrollment.

4%
Acceptance Rate
$57,986
In-State Tuition
11,934
Enrollment
94%
Graduation Rate
1861
Founded
$115,000
Median Earnings
10 years after

Tuition & Costs

In-State Tuition $57,986
Out-of-State Tuition $57,986
Room & Board $18,800
Total Cost (In-State) $76,786
Total Cost (Out-of-State) $76,786

Student Outcomes

4%
Acceptance Rate
94%
Graduation Rate
98%
Retention Rate
$115,000
Median Earnings (10yr)

Top Programs

Computer Science
22%
Electrical Engineering
15%
Mechanical Engineering
12%

Frequently Asked Questions

What is MIT's acceptance rate?
Massachusetts Institute of Technology has an acceptance rate of 4%. Out of 26,914 applicants, approximately 1,077 are admitted.
How much does MIT cost?
In-state tuition is $57,986 per year. Out-of-state tuition is $57,986 per year. Room and board costs an additional $18,800.
What is the graduation rate at MIT?
Massachusetts Institute of Technology has a graduation rate of 94% and a freshman retention rate of 98%.
How much do MIT graduates earn?
The median earnings for MIT graduates 10 years after enrollment is $115,000 per year.