Tag: Tuition-Free

  • MIT Admissions News: Financial Aid, Endowment Growth, and Community Highlights

    MIT Admissions News: Financial Aid, Endowment Growth, and Community Highlights

    MIT has recently shared a series of updates covering admissions, financial aid, endowment performance, and community recognition. The Institute reported a 14.8% return on pooled investments for 2025, bringing the endowment to $27.4 billion, while also expanding financial aid to make tuition free for undergraduates from families earning under $200,000 starting in 2025. Other noteworthy items include the 2024 Math Prize for Girls competition, the honoring of staff with Excellence Awards, and new admissions initiatives like the STARS College Network for rural students.

    Key Stories from MIT Admissions

    • MIT releases financials and endowment figures for 2025 – The Institute’s pooled investments returned 14.8% last year; endowment stands at $27.4 billion. (October 10, 2025)
    • Staff members honored with 2025 Excellence Awards, Collier Medal, and Staff Award for Distinction in Service – The MIT community celebrates their fellow staff members’ talent and dedication. (July 28, 2025)
    • Undergraduates with family income below $200,000 can expect to attend MIT tuition-free starting in 2025 – Newly expanded financial aid will cover tuition costs for admitted students from 80% of U.S. families. (November 20, 2024)
    • 2024 Math Prize for Girls at MIT sees six-way tie – Contest hosted by the Department of Mathematics attracts 274 participants. (October 31, 2024)
    • MIT releases financials and endowment figures for 2024 – The Institute’s pooled investments returned 8.9% last year; endowment stands at $24.6 billion. (October 11, 2024)
    • Q&A: Undergraduate admissions in the wake of the 2023 Supreme Court ruling – Dean of Admissions Stu Schmill provides an update on MIT’s newest incoming class. (August 21, 2024)
    • Faces of MIT: Anthony Hallee-Farrell ’13 – The senior program and technical associate for the Community Services Office has been a supporter of the MIT community since he arrived on campus as a student. (June 28, 2024)
    • From NASA to MIT to Formlabs – Audrey Chen ’24 landed an internship at NASA before she was old enough to drive. (May 21, 2024)
    • MIT announces financial aid and tuition rates for the 2024–25 academic year – Financial aid increased, more than offsetting a 3.75% increase in tuition. (March 21, 2024)
    • Forging her own path – By blending mechanical engineering, creative writing, and history studies, senior Amber Velez is discovering new ways of addressing climate change. (March 21, 2024)
    • A new record for Math Prize for Girls wins – Twelfth grader Jessica Wan three-peats, as MIT hosts the 15th competition for female middle and high school math enthusiasts. (October 30, 2023)
    • MIT releases financials and endowment figures for 2023 – The Institute’s pooled investments lost 2.9% last year; endowment stands at $23.5 billion. (October 6, 2023)
    • 3 Questions: Stuart Schmill on MIT Admissions’ participation in the STARS College Network – MIT’s dean of admissions and student financial services talks about helping rural students better understand their options for going to college. (April 4, 2023)
    • MIT announces financial aid and tuition rates for the 2023–24 academic year – Financial aid support remains strong, offsetting a 3.75% rise in tuition, and changes to housing, dining, and other costs. (March 17, 2023)
    • “MIT Illuminations,” a colorful installation and introduction to creative computation, is now open in Kendall Square – Located in the new MIT Welcome Center in Building E38, the installation expresses the dynamic, vibrant culture of MIT through the medium of programmable light. (February 14, 2023)