MIT. MIT Admissions. Student Financial Services. MIT’s “sticker price” should not be a factor in your decision to apply or enroll here. The percentage of our students receiving financial aid is extraordinarily high – 90% for undergraduates and approximately 86% for graduate and professional students (click here for more financial aid statistics). MIT itself is the largest source of financial aid to our undergraduate, graduate, and professional students. At MIT, we have three guiding principles for undergraduate admissions and financial aid: We seek out and admit the most talented and promising students without regard to their family financial circumstances. Stats. MIT Description: Founded in 1861, the Massachusetts Institute of Technology usually ranks first among the country's top engineering schools.
Although the institute is best known for engineering and science, MIT's Sloan School of Management ranks among the country's top business schools. With a campus stretching along the Charles River and overlooking the Boston skyline, MIT's location is as attractive as the quality of its academic programs. The Institute's strengths in research and instruction have earned it a chapter of Phi Beta Kappa and membership in the Association of American Universities. On the social life front, MIT has an active system of fraternities, sororities and other independent living groups.