Your acceptance to MIT Sloan is based on a needs-blind admissions process. If you are accepted, MIT Student Financial Services will work with you to determine your needs and help you with a financial aid package.
Once you are admitted to the MIT Sloan MBA program, you will gain access to detailed information about the financial aid process on our admitted students’ website. The process is slightly different depending on whether you are an international student, a U.S. citizen or permanent resident.
U.S. Citizen or Permanent Resident
The first step for domestic students is to file the Free Application for Federal Student Aid (FAFSA). MIT's FAFSA Title IV school code is 002178.
Then, submit the MIT Graduate Loan Application, which may be downloaded from the "Get a Loan" section of the Student Financial Services website. Based on the information provided in the Graduate Loan Application, MIT Student Financial Services determines your financial aid package and loan eligibility. After you receive your financial aid award letter, you may select your educational loan providers and apply for loans. U.S. citizens are eligible for all loan programs, including federal subsidized and unsubsidized loans. The MIT Student Financial Services site has more detailed information about subsidized and unsubsidized federal loan options for domestic students and private educational loans.
International students need to submit the MIT Graduate Loan Application, which may be downloaded from the "Get a Loan" section of the Student Financial Services website. Based on the information provided in the Graduate Loan Application, MIT Student Financial Services determines your financial aid package and loan eligibility. After you receive your financial aid award letter, you may select your educational loan providers and apply for loans. The MIT Student Financial Services website has more detailed information about private educational loans for international students.
“At MIT Sloan you have a lot of opportunities to explore entrepreneurship. Especially in a place like Kampala where you have a lot of development, entrepreneurship can be very exciting.”
“The conditions in the neighborhoods we were visiting were different than what we realized before getting there. Beyond that, what was surprising was that there weren’t surprises!”
“For 35 years, we’ve been studying how companies get value from information. … We try to help organizations take a more holistic view of what they are trying to do.”
“I knew about American business, but not enough about what’s really become a global economy. … You can read about it all you want, but there’s no substitute for being there and seeing the context and seeing how completely different these [other countries] are.”
“It was really rewarding that they wanted to know what we thought. We left there being fairly certain that they will do some of the things that we suggested.”
“These companies are really excited to work with MIT students.They reach out to the community to set up these projects and are great to work with. They give us access to all their resources and are very open to us.”
“I love being in a place that is such a nexus of people and ideas — people coming to learn something new and to define themselves. Being a part of that process is a real honor and a real gift.”
“You could talk about watershed management and conservation of energy all you want. But until you put numbers to it and financial analysis to it, you’re not going to get much done. I came to business school to speak that language, speak with people in terms of numbers, financial numbers so that I can get projects done.”
“The assistant to the CEO was like our host mom while we were there. She arranged our housing for us, she took us out to her friend’s game farm, and we got driven around in 4x4s. She was just wonderful to meet, and we developed a personal as well as professional relationship with her.”
“One of the reasons I came to Sloan was because I wanted to be at a top MBA institution worldwide. But I also wanted access to working with the latest innovations and the highest technology that was coming out of the MIT labs.”
“We’re very interdisciplinary. Among the faculty in the group are an economist, a political scientist, a sociologist, and an industrial relations specialist. We’ve always made a big effort to be open to a variety of perspectives, but also to go beyond being open to them, to want to bring them in, because it makes for a richer environment.”
“We are very much an action-learning environment. The way to learn leadership is not only through reading cases, not only through learning theory — in fact we don’t want people to regurgitate the theory. We want people to take theory and to live it, use it.”
"The relationships that we forged helped us to turn out a better project. We were able to test our hypotheses with the people that we spoke with every single day. And really, I think the friendships that you develop really propel the work that you’re doing."
“Because of the diversity of our backgrounds, when we hit the ground in Tanzania it almost was a natural play where different people assume different roles.”
“If I were to rate the four semesters of the MBA program, the first one is the toughest. Fortunately, the program is structured so students work together through that period.”