Massachusetts Institute of Technology (MIT)

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Massachusetts Institute of Technology (MIT) is an elite, private land-grant research university in Cambridge, MA. It is known for excellence in computer science and engineering, and other STEM fields. Note that MIT has more graduate students than undergraduates.

Affordability: MIT promises to meet 100% of demonstrated need without loans. Theoretically, MIT is affordable for all students who are admitted. MIT does not award merit scholarships. According to NCES data, 6% of freshman borrowed an average of $7,235 in 2020-21.

Rankings, Recognition:

#2 research universities, U.S. News
#8 colleges and universities, CollegeSimply
#1 best colleges and universities, Niche

Popular Majors (NCES):

Computer Science
Mechanical Engineering
Math
Aerospace Engineering
Electrical Engineering
Physics
Bioengineering
Cognitive Science

Admissions, enrollment, graduation rates (NCES):

4,638 undergraduates; 7,296 graduate students
4% acceptance rate
86% enrolled
96% graduation rate