MIT Sloan Fellows MBA Program

Financing Your Education

Most students make one tuition payment before each term (June 1 for summer; August 1 for fall; and January 1 for spring). Learn more about your payment options here.

Register your Interest

Academic Year 2024-2025

  • Tuition


  • Student life fee


  • Health insurance *


  • Housing


  • Books & supplies **


  • Personal


  • Transportation


  • Computer (first year only)


  • Total first-year cost of attendance


* Cost of Health Insurance (unless waived): $3,237 ($1,349 fall/$1,888 spring).
**While you are responsible for purchasing textbooks, all required course packs are included in the tuition cost.

Note: For more detailed information regarding the cost of attendance including tuition and fees; please visit the SFS Graduate cost of attendance page and Registrar's Office Sloan Tuition page.

Applying for Financial Aid

Upon acceptance into the program, all students intending to apply for loans, including international students, must submit the MIT Graduate Information Finance Form (GIFF).

US citizens and permanent residents are also required to file the Free Application for Federal Student Aid (FAFSA). MIT's FAFSA school code is 002178.

The amount you will be authorized to borrow is set by the office of Student Financial Services and should be about the same as the amounts listed above for the student only. If you are traveling with your significant other and/or dependents, your loan limits will not necessarily cover the increased expenses detailed above. Any questions about student funding or loans, please contact MIT Sloan Student Funding, at

Additional funding sources