Massachusetts Institute of Technology

Massachusetts Institute of Technology is a private institution that was founded in 1861. It has a total undergraduate enrollment of 4,512, its setting is urban, and the campus size is 168 acres. It utilizes a 4-1-4-based academic calendar. Massachusetts Institute of Technology's ranking in the 2016 edition of Best Colleges is National Universities, 7. Its tuition and fees are $46,704 (2015-16).
MIT is located in Cambridge, Massachusetts, across the Charles River from downtown Boston. Only freshmen students are required to live on
campus, but about 70 percent of students choose to remain on campus during their four years. MIT offers housing in one of the coolest dorms in the country, commonly called "The Sponge," designed by architect Steven Holl. The MIT Engineers boast more than 30 NCAA Division III teams, and their mascot is a beaver, which MIT chose because of its "remarkable engineering and mechanical skill and its habits of industry." Each class designs a unique ring called the "Brass Rat" that is revealed during sophomore year, a tradition that dates back to 1929.
MIT focuses on scientific and technological research and is divided into five schools and one college. Among its graduate schools are the highly ranked School of Engineering and Sloan School of Management, in addition to strong programs in economics, psychology, biology, chemistry, earth sciences, physics and mathematics. Research expenditures at MIT have typically exceeded $650 million each year, with funding coming from government agencies such as the Department of Health and Human Services and Department of Defense. The "Independent Activities Program," a four-week term between fall and spring semesters in January, offers special courses, lectures, competitions and projects. Distinguished alumni include Apollo 11 astronaut Buzz Aldrin, former U.N. Secretary General Kofi Annan and Federal Reserve Bank Chairman Ben Bernanke.The essence of MIT is our appetite for problems-especially those big, intractable, complicated problems whose solutions make a permanent difference. While MIT is a research university committed to world-class inquiry in math, science, and engineering, MIT has equally distinguished programs in architecture, the humanities, management, and the social sciences. A diverse, supportive campus environment-with an incredible range of student groups and athletic and fitness opportunities-ensures that it's not all about the work. And in MIT's intensely creative atmosphere, the arts flourish in all their forms. MIT admits some of the most talented students in the world on a need-blind basis. The Institute is committed to meeting the financial need of each admitted undergraduate student through MIT scholarships; the average student scholarship was 34,551 per year in 2014. As a result, the MIT community is incredibly diverse, and organically collaborative, with students coming from many different backgrounds, across the country and around the world. Students are frequently encouraged to unite MIT's engineering excellence with public service. For example, the required senior capstone design course for mechanical engineering majors centers on making the world a better place through engineering. Recent years have focused on projects using alternative forms of energy, and machines that could be used for sustainable agriculture. Beyond academic coursework, MIT's D-Lab, Poverty Action Lab, and Public Service Center all support students and professors in the research and implementation of culturally sensitive and environmentally responsible technologies and programs that alleviate poverty and improve quality of life in low-income areas locally, nationally, and worldwide. The MIT community brings its energy and creativity outside the classroom as well with 450+ student-run groups, 33 varsity sports, 18 intramural sports, 33 club sports, and more than 60 music, theater, visual arts, writing, and dance groups. It's just a short walk across the Charles River to Boston where students can enjoy the city's fabulous restaurants or take in Boston culture. Many programs around MIT allow students to get reduced-price tickets to various events, including the Boston Symphony Orchestra, the American Repertory Theater, and Bruins, Celtics, and Red Sox games. Students get free admission daily to the Museum of Science, the Museum of Fine Arts, and all Harvard University and MIT museums.

Applying

When applying to Massachusetts Institute of Technology, it's important to note the application deadline is January 1, and the early action deadline is November 1. Scores for either the ACT or SAT test are due February 15. The application fee at Massachusetts Institute of Technology is $75. It is most selective, with an acceptance rate of 7.9 percent and an early acceptance rate of 9 percent.
For more information about the tests, essays, interviews and admissions process, visit the Applying to College knowledge center.

Academic Life

The student-faculty ratio at Massachusetts Institute of Technology is 8:1, and the school has 67.3 percent of its classes with fewer than 20 students. The most popular majors at Massachusetts Institute of Technology include: Engineering; Computer Science; Biological and Biomedical Sciences; Physical Sciences; and Mathematics, General. The average freshman retention rate, an indicator of student satisfaction, is 98 percent.

Student Life

Massachusetts Institute of Technology has a total undergraduate enrollment of 4,512, with a gender distribution of 54.5 percent male students and 45.5 percent female students. At this school, 87 percent of the students live in college-owned, -operated, or -affiliated housing and 13 percent of students live off campus. Massachusetts Institute of Technology is part of the NCAA III athletic conference.

Campus Services

Massachusetts Institute of Technology offers a number of student services including nonremedial tutoring, placement service, day care, health service, and health insurance. Massachusetts Institute of Technology also offers campus safety and security services like 24-hour foot and vehicle patrols, late night transport/escort service, 24-hour emergency telephones, lighted pathways/sidewalks, and controlled dormitory access (key, security card, etc). Of the students at Massachusetts Institute of Technology, 3 percent have cars on campus. Alcohol is permitted for students of legal age at Massachusetts Institute of Technology.

Cost and Financial Aid

At Massachusetts Institute of Technology, 59.4 percent of full-time undergraduates receive some kind of need-based financial aid and the average need-based scholarship or grant award is $39,576.
Paying for college doesn't have to be difficult or devastating. Go to the Paying for College knowledge center to get advice on raising cash and reducing costs, or use the U.S. News 529 Finder to choose the best tax-advantaged college investment account for you.