Massachusetts Institute of Technology University, MIT Scholarships 2024
Massachusetts Institute of Technology (MIT) a famous university in the USA announced MIT scholarships for international students for the year 2024.
The Administration of Massachusetts Institute of Technology offers financial aid for Domestic Students and International Students separately. MIT Scholarships are awarded based solely on financial need and come from our endowment, donations from MIT alumni and friends, and MIT general funds. Approximately 58% of our undergraduate students receive Massachusetts Institute of Technology scholarships.
You can learn more about Higher Education Scholarships for the USA on this website at the USNWB Education Desk section.
MIT Scholarships 2024
Eligibility
Massachusetts Institute of Technology is one of seven universities in the US that is committed to cover 100% of students financial need while remaining need also included in our admissions process.
- Domestic Students
- International Students
Domestic Students
Massachusetts Institute of Technology offered great opportunities for already admitted students in the university. Massachusetts Institute of Technology special financial aid team work with students and their families to develop great plan for financial circumstances, so that you will attend MIT and cover your expenses during studying here.
How to Apply
Applying for financial aid in every university in USA is difficult, but MIT broke this cenerio and maki it easier for students. Before we can decide what your financial aid needs, we need to know what your financial situation is. To do this, we use three documents that give us a compleet details of what kind of help you will need to attend MIT affordably.
- CSS Profile: It is provided by Collage Board that is used to determine your financial need when you qualify for MIT Scholarships.
- Parental Tax Returns or Income Documentation: You will need to submit your parents’ tax returns or income documentation through the College Board’s secure IDOC Form.
- FAFSA: You will need to fill out this form to see your eligibilty for any federal or state student aid. The 2024-2025 FAFSA Form will not be available until December and the date not announced yet. Once available the domestic students should submit this as soon as possible.
International Students
International students are considered for financial aid using the same process that we use for domestic applicants. Massachusetts Institute of Technology is committed to ensure 100% of the financial needs of international students, just as we do for domestic students.
MIT special financial aid team works with international students and their families to develop great plan for financial circumstances, so that you will attend MIT and cover your expenses during studying here.
How to Apply
Applying for financial aid in every university in the US is difficult, but Massachusetts Institute of Technology has broken this scenario and made it easier for international students. Before we can determine your financial aid needs, we need to know your financial situation. To do this, we use three documents that provide us with complete details on the type of assistance you will need to get into MIT affordably.
Here is Two steps to Apply for Scholarship.
- CSS Profile: It is provided by Collage Board that is used to determine your financial need when you qualify for MIT Scholarship.
- Parental Tax Returns or Income Documentation: You will need to submit your parents’ tax returns or income documentation through the College Board’s secure IDOC Form. If your parents live outside the United States, please provide a tax return from that country, along with an English translation if possible.
DACA and undocumented students
Regardless of an applicant’s citizenship status, MIT provides generous financial assistance that meets 100% of the family’s demonstrated need – even if you are DACA or undocumented.
Apply for Financial Aid – We’re here to help.
- Undocumented students and DACA students can apply for financial aid as non-U.S. citizens. Our financial aid is need-based, meaning we award financial aid entirely based on your family’s financial circumstances, regardless of academic merit, test scores, athletic ability, or other talents.
- We will meet 100% of your expressed needs to cover the full cost of attending MIT, including tuition, fees, room and board, books, and personal expenses. You just need to apply.
- For undocumented and DACA students, your financial aid award will include only the MIT Scholarships, which is an award that you do not need to repay. It will not include any expectation that you will work or obtain any loans.
IF YOU HAVE QUESTIONS ABOUT FINANCIAL AID, YOU CAN CONTACT YOUR FINANCIAL AID COUNSELOR.
Don’t have one yet? Counselors are assigned by the first letter of your last name.
Please remember that we keep all of the information you share with us confidential.
What is CSS Profile?
- The CSS Profile is a tool provided by the College Board. We use it to determine if you qualify for a need-based MIT Scholarships.
- For the application, you will need the following:
- Your parents’ 2022 income tax returns or wage statements
- Any other records of money earned
- Current bank account balances
- Records of investments
- Records of untaxed income
- Designate MIT as one of your recipients by using our CSS code 3514 and answer all supplemental questions specific to MIT.
- If the fee presents a challenge, it may be waived by the College Board. MIT is not able to offer a fee waiver directly.
- If your parents are separated or divorced, each parent will need to complete their own CSS Profile application.
What is Parental Tax Returns or Income Documentation?
For International Students
- After submitting the CSS Profile, you will need to submit your parents’ tax returns or income documentation to the College Board’s secure Institutional Documentation Service (IDOC) for processing.
- If your parents live outside the U.S., please provide the tax return from that country, along with a translation to English if applicable.
- If your parents are separated or divorced, you will need both parents’ income documentation.
- You must submit all documents directly to IDOC. We are not able to accept anything sent directly to MIT.
For Domestic Students
- After submitting the CSS Profile, you will need to submit your parents’ tax returns or income documentation to the College Board’s secure Institutional Documentation Service (IDOC) for processing.
- If your parents do not file a tax return, please complete the Non Tax Filer Statement through IDOC and submit it along with documentation of income (W-2, 1099, or a letter from their employer outside the U.S.).
- For the application, you will need:
- Your parents’ 2022 federal (not state) tax returns along with all schedules, statements, and W-2s. Veterans of the U.S. armed forces are exempt from this step.
- If your family owns a corporation or interest in a partnership, you must send the corporation or partnership tax return through IDOC. Please note that a Schedule K-1 is insufficient data, as the complete tax returns are needed.
- If you, your parents, or other siblings are beneficiaries of an estate or trust, submit the appropriate Schedule K-1 of IRS Form 1041 or IRS Form 4970 through IDOC.
- If your parents are separated or divorced, your non-custodial parent’s tax return is required as well.
- If your parents live outside the U.S., please provide the tax return from that country, along with a translation to English if applicable.
- You must submit all documents directly to IDOC. We will be unable to accept anything sent directly to MIT.
Please note: It can take up to two weeks for the tax returns to be received by MIT.
What is FAFSA?
- Please note: The 2024–2025 FAFSA will not be available until December, and the date has not been announced. Once available, domestic students should submit it as soon as possible.
- The U.S. government determines the amount of federal student aid—grants, loans, and work-study—you qualify for using the FAFSA (Free Application for Federal Student Aid).
- For the application, you will need:
- Your parents’ 2022 federal income tax returns and W-2s
- Other records of money earned
- Current bank account balances
- Records of investments
- Records of untaxed income
- Please designate MIT Scholarships as one of your recipients using Federal Code 002178.
- If you are asked to verify your FAFSA, this means that you may need to take a few extra steps to confirm your financial information. You can learn more about verification here.
Last Date to Apply for Scholarship
The due date of your financial aid application depends on whether you are a prospective student applying for Early Action or Regular Action, or if you are a continuing student. Application deadlines are the same for both domestic and international students.
- Early Action Applicant: Complete all required documents, excluding the FAFSA, by November 30 for Early Action. Please note: The 2024-2025 FAFSA will not be available until December and the date has not been announced. Once available, domestic students should submit it as soon as possible. Our goal is to release awards in January 2024, but this may be delayed due to the FAFSA release date. We will update this page when we know what our schedule will be.
- Regular Action and transfer Applicants: The application last date is February 15. The Regular Action Awards are presented in mid-March. Transfer awards are released after admissions decisions.
- Continuing Students: The last date to apply for financial aid for the next academic year is February 15. You will receive your prize at the end of May or beginning of June.
How to view your financial aid Approval
- Current MIT students: You can view your award in our Online Financial Aid System.
- Prospective first-year students: You can access your award through the MIT Application Portal until mid-May, after this time it can be viewed in our Online Financial Aid System.
Students who are applied for financial aid and complete the CSS profile will automatically considered for an MIT Scholarships.
If you receive an MIT scholarship, we will ask you to complete an annual student information review form so that we can match you with the appropriate scholarship from the appropriate donor. Our scholarship donors are often interested in getting to know the recipients, so we may also ask you to write to your donor and thank them for their support.
How to apply
- Step 1: Fill out the CSS Profile.
- Step 2: Provide income documentation via IDOC. If your family does not file a tax return, you will need to submit a Non-Tax Filer Statement to IDOC instead.
- Step 3: We will take it from there! If we need other information from you, we will reach out directly.
Applying for admission
- Undocumented and DACA applicants submit the same application components and go through the same selection process as all other students. We welcome your application!
- Visit the admissions website for more information—we are happy to help however we can.
- If you have specific questions about the application process for undocumented students, please contact Admissions Counselor Erin Murray.
Resources for students
There are many resources available for you, both before you arrive at MIT and once you get here. You can find more information on the admissions website.