Massachusetts Institute of Technology Overview
Located in Cambridge, Massachusetts, Massachusetts Institute of Technology is a private not-for-profit institution. The location of MIT is great for students who prefer living in an urban area.
What Is Massachusetts Institute of Technology Known For?
- Students who want to work more closely with their professors have an easier time at MIT since the student to facuty ratio is 3 to 1.
- The 1% student loan default rate at MIT is better than the national rate of 10.1%. That's a good sign that you may be able to pay off student loans easier than your peers at other schools can.
- The highest award offered at MIT is the doctor's degree.
- In 2017-2018, 99% of the faculty were full-time.
- A student who earns a bachelor's degree from MIT makes roughly $104,700 a year. This is 157% more than their peers from other colleges and universities.
- It takes the average MIT student 4.1 years to graduate. This is pretty good when compared to the national rate of 4.4 years.
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Massachusetts Institute of Technology Rankings
We have ranked MIT as #4 out of 2,587 colleges and universities in the country in our 2022 Best Colleges list. This puts it in the top 1% of all schools in the nation! It is also ranked #1 out of 72 schools in Massachusetts.
Our rankings are based on an outcomes-based approach rather than subjective ones used by other media outlets. As such, we utilize data from the Integrated Postsecondary Education Data System (IPEDS) and the College Scorecard, among other sources. Visit our rankings and methodology section to learn more.
MIT has also been awarded the following overall awards by our latest rankings.
Rank | Ranking Name | Share |
---|---|---|
#2 | Best Doctor’s Degree Schools | Tweet It - Post It |
#3 | Best Bachelor’s Degree Schools | Tweet It - Post It |
#3 | Best Master’s Degree Schools | Tweet It - Post It |
Program Level Awards
These are highlights of some of the most noteworthy awards granted to specific programs at MIT.
Awards From Around the Web
The following table lists some notable awards MIT has earned from around the web.
Rank | Ranking Name | Source |
---|---|---|
#1 | Best Physical Sciences Schools | College Factual |
#1 | Best Liberal Arts / Sciences & Humanities Schools | College Factual |
#1 | Best Mathematics & Statistics Schools | College Factual |
#1 | Best Architecture & Related Services Schools | College Factual |
#2 | Best Business Schools | Business Degree Central |
#2 | Best Business, Management & Marketing Schools | College Factual |
Where Is Massachusetts Institute of Technology?

Contact details for MIT are given below.
Contact Details | |
---|---|
Address: | 77 Massachusetts Avenue, Cambridge, MA 02139-4307 |
Phone: | 617-253-1000 |
Facebook: | http://www.facebook.com/MITnews |
Twitter: | http://twitter.com/mit |
How Do I Get Into MIT?
You can apply to MIT online at: my.mit.edu/
Admission Requirements for MIT
Submission | Required? |
---|---|
High School GPA | recommended |
High School Rank | neither required nor recommended |
High School Transcript | required |
College Prep Program | recommended |
Recommendations | required |
SAT or ACT Scores | required |
TOEFL | recommended |
How Hard Is It To Get Into MIT?
Approximately 48% of accepted students are men and 52% are women. The acceptance rate for men is 5%, and the acceptance rate for women is 12%.
Average Test Scores
About 77% of students accepted to MIT submitted their SAT scores. When looking at the 25th through the 75th percentile, SAT Evidence-Based Reading and Writing scores ranged between 730 and 780. Math scores were between 780 and 800.
Can I Afford Massachusetts Institute of Technology?
The net price is calculated by adding tuition, room, board and other costs and subtracting financial aid.
Student Loan Debt
It's not uncommon for college students to take out loans to pay for school. In fact, almost 66% of students nationwide depend at least partially on loans. At MIT, approximately 9% of students took out student loans averaging $10,070 a year. That adds up to $40,280 over four years for those students.
The student loan default rate at MIT is 1.1%. This is significantly lower than the national default rate of 10.1%, which is a good sign that you'll be able to pay back your student loans.
Massachusetts Institute of Technology Undergraduate Student Diversity

There are also 6,893 graduate students at the school.
Gender Diversity
Of the 4,234 full-time undergraduates at MIT, 52% are male and 48% are female.

Racial-Ethnic Diversity
The racial-ethnic breakdown of Massachusetts Institute of Technology students is as follows.

Race/Ethnicity | Number of Grads |
---|---|
Asian | 1,377 |
Black or African American | 282 |
Hispanic or Latino | 661 |
White | 1,066 |
International Students | 448 |
Other Races/Ethnicities | 400 |
Geographic Diversity
Massachusetts students aren't the only ones who study at Massachusetts Institute of Technology. At this time, 49 states are represented by the student population at the school.
Over 134 countries are represented at MIT. The most popular countries sending students to the school are China, India, and Canada.
Online Learning at Massachusetts Institute of Technology
The following chart shows how the online learning population at MIT has changed over the last few years.

Online Growth Rankings of MIT
The average growth rate over the last four years of online students at Massachusetts Institute of Technology was 3,988.2%. This is the #57 largest growth rate of all schools that are mostly online. This refers to all students at MIT regardless of major.
When we speak of partially online, we are referring to schools whose online population is less than 50% of its total student body. Mostly online refers to those with online populations greater than or equal to 50%.
Massachusetts Institute of Technology Undergraduate Concentrations
The table below shows the number of awards for each concentration.
References
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
- College Factual
- National Center for Education Statistics
- Image Credit: By InSapphoWeTrust under License
More about our data sources and methodologies.
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