First founded in the European polytechnic university model in 1861, the Massachusetts Institute of Technology has become a prestigious private land-grant institution with very high research activity. Extending over one mile on the northern banks of the Charles River, MIT has a lush 168-acre urban campus in Cambridge within the booming Boston metropolitan area. Each year, MIT enrolls more than 4,500 undergraduates and 6,500 post-graduates in its scientific-based education options. Research expenditures often surpass $650 million annually, which makes MIT the federal government’s largest source of sponsored research. As an elite member of the Association of American Universities (AAU), MIT follows the motto of “Mens et Manus.”
Thanks to its illustrious history of excellence, MIT has been ranked as the 7th best university and 5th top value school nationwide by the U.S. News and World Report. In particular, 11 of MIT’s academic departments have been ranked in the top five of their specialty. With an estimated 45 percent value added to lifetime salary, Money magazine recognized MIT as the 3rd “Best College for Your Money” in 2014. Forbes magazine also distinguished the Massachusetts Institute of Technology for being the #2 “Most Entrepreneurial University” in America. On a global scale, the Times Higher Education has placed MIT as the 5th best higher learning institute worldwide.
Massachusetts Institute of Technology Accreditation Details
Last re-affirmed in 2010, the Massachusetts Institute of Technology has formal accreditation through the New England Association of Schools and Colleges (NEASC), one of the six regional bodies recognized by the Council on Higher Education Accreditation (CHEA). Several academic departments at MIT have gone the extra step to receive programmatic accreditation. For instance, business degrees meet the elite standards of the Association to Advance Collegiate Schools of Business (AACSB). Engineering and computer science degrees are approved through the Accreditation Board for Engineering and Technology (ABET). Architectural programs are accredited by the Planning Accreditation Board (PAB).
Massachusetts Institute of Technology Application Requirements
Only eight percent of applicants to MIT are admitted, so you’ll have to meet some highly selective admissions criteria to receive enrollment. Incoming first-year students must be high school graduates with a valid diploma from a state-approved school. Having a strong college prep program heavy in mathematics and science is essential. Although grade requirements aren’t published, the average high school GPA for admitted students is 4.13. Freshmen should be in the upper quartile of their graduating class. MIT freshmen also have an average composite ACT score of 34 and an average SAT score of 2220.
Undergraduate students who have completed two to four semesters at another regionally accredited college can qualify for transfer to MIT. One year each of college-level calculus, physics, and biology is required. Competitive transfer applicants will generally have a minimum overall college GPA of 3.5 with straight As in math and science. Graduate students looking to advance their education at MIT must already possess a baccalaureate degree or higher. An undergraduate GPA of 3.5 or higher is preferred, but high academic achievement doesn’t guarantee admissions. A combination of academic, personal, and professional promise is assessed.
Prior to the January 1st deadline, interested applicants should submit an application to the Massachusetts Institute of Technology with the following:
- Official high school and/or college transcripts
- Standardized testing scores (SAT, ACT, TOEFL, or GRE)
- Two teacher evaluation forms
- A brief entrance essay statement
- Payment for the $75 application fee (if not waived)
Tuition and Financial Aid
Attending the Massachusetts Institute of Technology won’t be cheap, even though the ROI gained is among the best in the United States. Full-time undergraduate students can expect a yearly rate of $45,016 in tuition and fees. On-campus room and board will add an estimated $13,224 each academic year. Undergraduates must also budget at least $1,000 per year for covering textbooks and supplies. Residential students must afford an estimated total cost of attendance of $61,030 at MIT. Graduates attending MIT full-time pay an average tuition rate of $44,720 each academic year with $2,564 in additional fees.
Each year, 91 percent of MIT students earn more than $125 million in total need-based financial aid to lower these high costs. In fact, students with a family income under $75,000 are guaranteed to receive scholarship funding for attending MIT tuition-free. Other students can borrow money through Direct Stafford, Perkins, PLUS, and private loans. International undergraduates can also borrow funding through the MIT Technology Loan. Free money is offered with the Pell Grant, FSEOG Grant, TEACH Grant, and MASS Grant. Around 56 percent of undergraduates are awarded MIT scholarships annually. Veterans benefits, campus employment, and private fellowships are also funding possibilities.
With a supreme dedication to STEM fields, MIT is a large research-oriented college offering dozens of accredited degree options across its 32 academic departments. The Massachusetts Institute of Technology is on the cutting-edge of technical research to provide opportunities for students to investigate today’s great questions in virtually any area from music to robotics. Some unique undergraduate majors at MIT include Atmospheric and Planetary Sciences, Cognitive Sciences, Archaeology, Medieval Studies, and Urban Planning. The most popular department is Electrical Engineering and Computer Science (EECS). MIT boasts a very low student-faculty ratio of 8:1 for close interaction with faculty.
The Massachusetts Institute of Technology operates on a 4-1-4 academic calendar with a fall semester, four-week Independent Activities Period, and spring semester. During the IAP, students can select from hundreds of optional seminars and lectures to supplement their degree curriculum. Each January, the famous MIT Mystery Hunt takes place as more than 40 student-led teams compete in the world’s most complex puzzlehunt competition. MIT students also engage in the clever “hacking” tradition year-round with ethical practical jokes. More than 90 percent of undergraduate students live in the university’s 12 dorms and Greek houses. MIT’s campus has a strong entrepreneurial culture that has produced 81 Nobel Prize winners, 45 Rhodes Scholars, and 34 astronauts.
Even though MIT was ranked #4 in Princeton Review’s list for “Students Study the Most” nationwide, campus life is more than just classes and homework. MIT offers over 500 recognized study activity groups, including The Tech student-run newspaper. Students can join organizations like Alpine Ski Club, Coalition Against Cancer, Global Poverty Alliance, and Mentor Connection. Through the MIT Museum, there are also 50+ public service and educational outreach programs for volunteers. With one of the broadcast NCAA Division III programs, MIT competes in the New England Athletic Conference in 31 varsity sports. Massachusetts Institute of Technology students can also avoid the Freshman 15 in the renovated 124,000-square foot Zesiger Fitness Center.