Master of Finance

How to Finance Your MIT Sloan Master of Finance Degree

The Master of Finance program offers 12-month and 18-month formats with different enrollment schedules and tuition totals. The 12-month format includes summer, fall, and spring terms, while the 18-month format includes summer, fall, spring, and a second fall term. Students who completed both 15.401 and 15.402 before entering the program may be eligible for a low-residency summer term with reduced tuition.

MIT Sloan MFin Tuition and Fees

Tuition for the MIT Sloan Master of Finance program is $96,884 for the 12-month format and $133,007 for the 18-month format for the 2026-2027 academic year. Required course packs are included in tuition; students are responsible for purchasing textbooks. Learn more about payment options.

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

Apply Now

Financing Your MIT Sloan MFin

Master of Finance students typically finance their education through personal savings, loans, fellowships or scholarships, government or employer sponsorship, or a combination of these resources. Contact the Sloan Student Funding Office at studentfunding.mitsloan@mit.edu for information about available financing options.

Research and Teaching Assistantships
Several Master of Finance students receive teaching or research assistantships through MIT Sloan. Workloads and compensation for these competitive positions vary, and responsibilities may include supporting students, assisting with faculty research, and grading assignments and examinations.

Fellowship Opportunities
A limited number of fellowships are available to admitted Master of Finance candidates of all citizenships and academic backgrounds. All admitted candidates are considered based on their academic records, personal achievements, professional promise.

Financial Aid and Student Loans
After admission to the program, all students who intend to apply for student loans, including international students, must submit the MIT Graduate Information Finance Form (GIFF) and upload their admission letter, including any MIT Sloan fellowship information, through the MIT Online Financial Aid System.

U.S. citizens and permanent residents applying for federal student loans must also submit the Free Application for Federal Student Aid (FAFSA) using MIT’s federal school code, 002178.

The maximum amount you will be authorized to borrow in student loans is set by MIT Student Financial Services (see the Graduate cost of attendance and Sloan tuition rates). If you are traveling with your significant other and/or dependents, your loan limits will not necessarily cover the increased expenses detailed above. You may have to submit an appeal to MIT Student Financial Services to request an adjustment to your maximum student loan amount based on your actual costs.  Any questions about student funding or loans, please contact the Sloan Student Funding Office at studentfunding.mitsloan@mit.edu.

Additional Scholarship and Fellowship Opportunities

Explore additional scholarships and fellowship opportunities available to help Master of Finance students finance their education. Eligibility requirements, application deadlines, and award amounts vary.