College Sophomore 2013-01-30T01:06:24Z
It's a need based aid. If you get in, they'll work with you and your family to make sure you can afford the education.
College Junior 2012-01-19T17:02:19Z
Strict but Helpful – They really take into consideration all of your needs and try to help you out as much as possible. However, they have a set system and are not willing to compare their offer with other institutions' offers.
College Senior 2012-01-19T15:12:08Z
Easy for people with REALLY low income. Hard for middle class to get any scholarships, so most financial aid generally comes from other programs.
College Junior 2012-01-19T06:56:21Z
Good and Easy – Most of the people I know receive a good financial aid. I received a great amount of financial aid. It is pretty much organized with most of the forms filled online. You would like to make a personal appointment with a financial aid officer since they are very helpful and will explain everything you need to know.
College Junior 2011-12-30T06:03:34Z
MIT is not a cheap school but admission is completely need-blind and financial aid is fully need-based. In my opinion, aid falls off a bit sharply at higher income brackets, but the figures given to students are always manageable and more than fair. For most prospective students, dealing with financial aid won't be too much of a hassle and the financial office and programs are quite helpful. If you are considering enrollment at MIT, finances should not be an impassible wall, though it might seem like a steep hill.
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