MIT Sloan Fellows MBA Program

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 students make one tuition payment before each term (June 1 for summer; August 1 for fall; and January 1 for spring). Learn more about your payment options here.

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Academic Year 2024-2025

The cost of tuition for the SFMBA program for the academic year 2024-2025 is $152,280. 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.

Applying for Financial Aid

Upon acceptance into the program, all students intending to apply for loans, including international students, must submit the MIT Graduate Information Finance Form (GIFF).

US citizens and permanent residents are also required to file the Free Application for Federal Student Aid (FAFSA). MIT's FAFSA school code is 002178.

The amount you will be authorized to borrow is set by the office of Student Financial Services and should be about the same as the amounts listed above for the student only. If you are traveling with your significant other and/or dependents, your loan limits will not necessarily cover the increased expenses detailed above. Any questions about student funding or loans, please contact MIT Sloan Student Funding, at studentfunding.mitsloan@mit.edu.

Additional funding sources