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Colleges / Massachusetts Institute of Technology

About MIT

MIT Early Decision Results Release Date 2021

MIT will release their Early Decision results on Wednesday December 15th. Share results and connect with other early applicants in the MIT Community discussion.

Good luck to all early applicants!

Massachusetts Institute of Technology Overview

Massachusetts Institute of Technology is a private, nonprofit school in an urban setting in Cambridge, Massachusetts. MIT was founded in 1861 and now enrolls around 11,254 students a year, including 4,361 undergrads. MIT provides on-campus housing for students.

There are many ways for students to get involved at MIT! Love music or performing? Join a campus band, sing in a chorus, or perform with one of MIT's theater groups.

Interested in journalism or communications? MIT students can write for the campus newspaper, host a radio show or be a producer for the student-run television channel.

Thinking of pledging? MIT has fraternities and sororities.

Planning to play sports? MIT has many options for athletes. See them all and learn more about life at MIT on the Student Life page.

Learn more about life at MIT on the Student Life page.

Mark your calendar! January 1, 2022 is the final deadline to submit an application for Fall. Regular decision applicants for Fall 2022 should hear from MIT by March 20.

2021 MIT Facts At-A-Glance
Academic Calendar 4-1-4 (2 long terms separated by a month-long mini-term)
Overall Acceptance Rate 7%
Early Decision Acceptance Rate 0%
Early Action Acceptance Rate 7%
Applicants Submitting ACT scores 7%
Applicants Submitting SAT scores 77%
Tuition $55,510

Is MIT a Good School?

Different people have different ideas about what makes a "good" school. Admissions criteria, acceptance rate and average GPA are good indicators of how selective an institution is, but they don't say much about the quality of the education or the student experience. There are a few statistics that can give you a good idea of how satisfied students are and how well a school supports its students.

Let's take a closer look at to get a better idea of what MIT offers and if it could be a good fit for you.

2021 Acceptance Rate for Massachusetts Institute of Technology

It is extremely difficult to get into MIT. Around 7% of applicants get into MIT each year. In 2021, just 1,457 out of the 20,075 students who applied were accepted.

Retention and Graduation Rates at MIT

Retention is the number of students that stay enrolled at a school over time. This is a way to get a sense of how satisfied students are with their school experience, and if they have the support necessary to succeed in college.

About 98% of students who start at MIT return the next year. Around 96% of students who started at MIT earn their Bachelor's degrees within six years. Compare this to the average six-year graduation rate for colleges and universities in the U.S., which is around 61% for public schools and 67% for private.

Job Outlook MIT Graduates

Job placement statistics for recent graduates can give you a sense of the return on investment a school offers. Within six months of graduating, 51% of graduates receive at least one full-time job offer.

MIT's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and support students. MIT's endowment was valued at $18.4 billion in 2021, compared to a national average of $905 million. The school spends $81,731 for each full-time student enrolled.

Tuition and Financial Aid at MIT

Cost is another important factor when choose a college. Some colleges may have high tuition, but do a better job at meeting students' financial need. MIT meets 100% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student is around $54,052 a year.

Graduates in the class of 2021 had an average of $22,735 in student loans per borrower. For context, compare this number with the average national debt, which is around $36,000 per borrower.

The 2022-2023 FAFSA Opened on October 1st, 2021

Some aid is awarded on a first-come, first-served basis, so fill out the FAFSA asap. Visit the FAFSA website to apply for student aid. Remember, the first F in FAFSA stands for FREE! No one should ever pay to fill out the FREE Application for Federal Student Aid, (FAFSA), so don't give your money (or info!) to any website that claim you do.

Learn more about Tuition and Financial Aid at MIT. Based on this information, how does MIT sound? Remember, a school that is perfect for one person may not be the right school for someone else! So ask yourself: Is MIT a good school for you?

If Massachusetts Institute of Technology seems like a school you want to apply to, click the heart button to save it to your college list.

Still Exploring Schools?

To learn more about MIT, choose from the options below:


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MIT Community Forums

Then use the college admissions predictor to calculate your chances of getting admitted to some of the most popular schools in the U.S.

Where is MIT?

MIT is located in the urban setting of Cambridge, Massachusetts, less than an hour from Boston.

If you want to see MIT for yourself, plan a visit. The best way to reach campus is to take Interstate 93 to Cambridge, or book a flight to the nearest airport, Logan International.

You can also take a virtual campus tour to get a sense of what MIT and Cambridge are like without leaving home.

Considering Colleges in Massachusetts?

See a full list of colleges in Massachusetts and save your favorites to your college list.

College Info

77 Massachusetts Avenue Cambridge, MA 02139-4307

Campus Setting: Urban

MIT Application Deadline

First-Year Applications are Due

Jan 1

Transfer Applications are Due

Mar 15

The deadline for Fall first-year applications to MIT is Jan 1.

The deadline for Fall transfer applications to MIT is Mar 15.

Check the school website for more information about deadlines for specific programs or special admissions programs


Wondering what your chances are of getting into Massachusetts Institute of Technology?

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MIT ACT Scores


ACT Range

34 - 36

Estimated Chance of Acceptance by ACT Score

ACT Score

Estimated Chance

36 and Above


34 to 36


34 and Less


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MIT SAT Scores


Composite SAT Range

Not available


Math SAT Range

780 - 800


Reading SAT Range

730 - 780

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MIT Tuition & Fees

Tuition & Fees


In State


Cost Breakdown
In State
State Tuition

Student Life

Wondering what life at MIT is like? There are approximately 11,254 students enrolled at MIT, including 4,361 undergraduate students and 6,893 graduate students. 97% percent of students attend school full-time.


Full Time


Part Time

© 2021 College Confidential / Concentrical LLC, Data provided by IPEDs and Peterson's Databases, © 2020 Peterson's LLC.

Quick Facts

Total Enrollment


Campus Setting


Acceptance Rate


Tuition and Fees

In State




Fall Freshmen
Application Deadline

Jan 1
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