A Cambridge-based university has made a big decision to provide tuition-free education to approximately 80 percent of its incoming undergraduate students.
The Massachusetts Institute of Technology (MIT) announced on Wednesday that, beginning in the 2025–2026 academic year, undergraduates from families earning less than $200,000 annually with typical assets will be eligible to attend MIT tuition-free.
This initiative is part of MIT’s expanded financial aid program aimed at increasing accessibility for a broader range of students, according to the university, which says the new policy will increase current aid eligibility thresholds.
Additionally, families with total incomes below $100,000 with typical assets will not be expected to contribute toward their student’s MIT education, including tuition, housing, dining, fees, and an allowance for books and personal expenses….