A non-degree, customizable program for mid-career professionals.
MIT Sloan Fellows MBA Program
Financing Your Education
MIT Student Financial Services sets the estimated Graduate Cost of Attendance which serves as the cap for all financial aid forms, including scholarships, fellowships, and student loans. Additional living costs may vary based on personal circumstances.
Tuition
The tuition cost for the SFMBA program for the 2026-2027 academic year is $161,663. While you are responsible for purchasing textbooks, all required course packs are included in the tuition cost. Learn more about payment options.
Upon acceptance into the program, all students intending to apply for student loans, including international students, must submit the MIT Graduate Information Finance Form (GIFF) and upload their letter of acceptance, including any Sloan Fellowship information, to the MIT Online Financial Aid System.
US citizens and permanent residents applying for student loans and/or planning on working as teaching assistants are also required to file the Free Application for Federal Student Aid (FAFSA). MIT's FAFSA school code is 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 MIT Sloan Student Funding, at studentfunding.mitsloan@mit.edu.
Additional funding sources
If you are admitted and have a corporate sponsor, please fill out the Sloan Sponsor Information Form. Sloan Student Funding will send your sponsor their invoices based on the information you provide. Please note that you do not need to provide Sloan with any of the sponsored billing forms found on the MIT Student Financial Services website for non-Sloan-sponsored students.
A limited number of Dean's fellowships are available to MIT Sloan Fellows MBA and are awarded to admitted candidates of all citizenships and academic backgrounds. All admitted candidates are considered for these merit-based fellowships.
The Kennedy Memorial Trust provides scholarships to British post-graduates to pursue their studies at MIT and/or Harvard. The Kennedy Scholarship is an academic award used to fund a wide variety of academic programs. Scholars use the opportunity to deepen their expertise in their field. Those applying for awards must be all of the following:
British citizens at the time of application
Ordinarily resident in the UK
Wholly or mainly educated in the UK
The Nippon Foundation’s International Fellowship provides Japanese nationals working in the public or private sector with opportunities to further their studies in overseas educational institutions.
The MIT Kuo Sharper Center for Prosperity and Entrepreneurship Student Fellowship is a competitive program designed to help aspiring entrepreneurs gain a world class education at MIT in order to maximize their likelihood of success as principled, impactful leaders in emerging markets.
For those Veterans who are 100% eligible for the post-9/11 GI Bill, MIT Sloan also participates in the Yellow Ribbon program. Beginning with the 2022-2023 academic year, all eligible applicants are able to receive Yellow Ribbon award once per year, in addition to his or her post-9/11 GI Bill benefits. The standard Yellow Ribbon award is for $31,000 from Sloan plus another $31,000 in matching funds from the VA. For more information, please contact Josh DeMaio (jkdemaio@mit.edu) or visit the program website.
