MIT financial aid programs
E771091
MIT financial aid programs are comprehensive need-based funding initiatives that enable students from diverse economic backgrounds to afford an MIT education through grants, scholarships, and other support.
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
financial aid program portfolio
ⓘ
need-based financial aid system ⓘ |
| administeredBy | MIT Student Financial Services NERFINISHED ⓘ |
| alsoSupports | some graduate fellowships and assistantships (through departments) ⓘ |
| appliesTo |
MIT graduate students
ⓘ
MIT undergraduate students ⓘ |
| beneficiary | students from diverse economic backgrounds ⓘ |
| communicationChannel | MIT Student Financial Services website NERFINISHED ⓘ |
| component |
MIT Scholarship
NERFINISHED
ⓘ
federal grants ⓘ outside scholarships ⓘ state grants ⓘ student employment programs ⓘ veterans education benefits support ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| dataUsedForNeedAnalysis |
family assets
ⓘ
family income ⓘ family size ⓘ number of children in college ⓘ |
| designedTo | remove financial barriers to attending MIT ⓘ |
| eligibilityCriterion |
completion of financial aid application forms
ⓘ
demonstrated financial need based on family resources ⓘ enrollment in an MIT degree program ⓘ |
| focus | undergraduate need-based aid ⓘ |
| fundingType |
grant
ⓘ
loan (limited use) ⓘ scholarship ⓘ student employment ⓘ |
| goal | make an MIT education affordable regardless of family income ⓘ |
| includes |
emergency hardship funds (through MIT offices and funds)
ⓘ
special circumstances review process ⓘ |
| includesPolicy |
aid packages may combine grants, work, and limited loans
ⓘ
no merit-only scholarships from MIT funds ⓘ |
| objective |
increase socioeconomic diversity in the student body
ⓘ
reduce student debt burden ⓘ |
| operatedBy | Massachusetts Institute of Technology NERFINISHED ⓘ |
| policy |
meet 100% of demonstrated financial need for undergraduates
ⓘ
need-blind admission for U.S. undergraduates ⓘ |
| primaryBasis | financial need ⓘ |
| relatedTo |
MIT commitment to meet full demonstrated need
ⓘ
MIT need-blind admissions policy ⓘ |
| reviewFrequency | annually based on updated financial information ⓘ |
| typeOfSupport |
books and personal expenses coverage (via cost-of-attendance coverage)
ⓘ
housing and meal support (via cost-of-attendance coverage) ⓘ tuition assistance ⓘ |
| website | https://sfs.mit.edu ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.