Financing Your Education

Tuition for the academic year 2024-2025 is detailed below. The standard Cost of Attendance is set by Student Financial Services and serves as the cap for all financial aid forms, including scholarships, fellowships, and student loans. Additional living costs may vary based on personal circumstances. For more information, please visit the SFS Graduate Cost of Attendance page.

Most of our graduate students make one tuition payment before each term (August 1 for Fall and January 1 for spring). Students also can choose the MIT monthly payment plan, which allows them to pay tuition in ten installments over the course of the year. Learn more about your payment options here.

Apply Now

Academic Year 2024-2025

The cost of tuition for the MBAn program for the academic year 2024-2025 is $91,250. While you are responsible for purchasing textbooks, all required course packs are included in the tuition cost. Additionally, there is a cost of health insurance, unless waived. Learn more about submitting an insurance waiver.

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

Financing Your Education

Support typically includes personal savings, loans, fellowship/scholarship awards, government or employer sponsorship, or some combination of these. Once you are admitted to the MIT Sloan MBAn program, you will have access to detailed information about the financial aid process on our admitted student website. The process is slightly different depending on whether you are an international student, a U.S. citizen, or a permanent resident.

Domestic students or International Students with a domestic co-signer have an array of loan options, including federal subsidized and unsubsidized loans, while options for International Students with no cosigner are more limited. Please contact Sloan Student Funding at studentfunding.mitsloan@mit.edu with any questions or concerns.

Available Fellowships
A limited number of fellowships are available and are awarded to admitted candidates of all citizenships and academic backgrounds. All admitted candidates are considered for these fellowships. Fellowships are awarded to individuals with outstanding academic records, personal achievements, and professional promise. 

Assistantships
MIT Sloan appoints a number of MBAn students to teach and research assistantships that vary in workload and stipend percentage. While helping students cover their expenses, these competitive positions offer outstanding exposure to the school's educational research programs. Responsibilities may include working one-on-one with students, assisting in research, and grading assignments and examinations.