Program areas at MIT
Sponsored research: mit's cambridge, ma campus provides a fertile setting for research that has spawned a host of scientific breakthroughs and technological advances. Primarily sponsored by federal grants and contracts, research at mit aims to develop innovative solutions to the world's most daunting challenges. From addressing the energy needs of tomorrow to improving cancer therapies and more, mit's research efforts are enhanced through creative collaborations in interdisciplinary labs and with leading research institutes and consortia around the world.
Scholarships and fellowships: mit's undergraduate financial aid program ensures that an mit education is accessible to all qualified candidates regardless of their financial resources. Mit remains dedicated to providing financial aid to meet the full cost of an mit education, based on the needs of the family. In 2022-2023, approximately 58% of all undergraduates received some type of need-based financial aid from mit. Financial aid for graduate students includes fellowships, traineeships, teaching and research assistantships, and loans.
Instruction, unsponsored research, and other: mit is committed to providing a world-class education to our approximately 4,700 undergraduates and approximately 7,200 graduate students. The focus of instruction is not only scientific and technical, but includes a strong humanities component and emphasizes creative problem solving. Mit's six schools and colleges (science; engineering; humanities, arts & social sciences; architecture & planning; management; and computing) create the foundation of a rigorous mit education, which is heightened by service to communities around the world. Other expenditures (including grants) incurred, and revenues generated in connection with mit's other program services related to various activities in furtherance of and in support of mit's exempt mission included but were not limited to such things as fees and services (for example, medical department, Technology licensing office), auxiliary enterprises (for example, housing, dining), and other miscellaneous program service revenue.