Massachusetts Institute of Technology
- Country: United States
- Type: Education
- Website: www.mit.edu
- Update: 05-01
Massachusetts Institute of Technology is a private school founded in 1861. It has a total undergraduate enrollment of 4,576 (Fall 2023) on a 168-acre campus located in the city. The university utilizes a 4-1-4 based academic calendar. MIT is ranked #2 in National Universities in the 2025 edition of Best Colleges. Its tuition and fees are $62,396.
The Massachusetts Institute of Technology (MIT), located in Cambridge, Massachusetts, just outside of Boston, focuses on scientific and technological research and consists of five colleges and one institute. The University spends more than $700 million annually on research, funded by government agencies such as the Department of Health and Human Services and the Department of Defense.
MIT's top-ranked graduate schools include the School of Engineering and the Sloan School of Management, in addition to strong programs in economics, biology, chemistry, earth sciences, physics, and mathematics. Freshmen are required to live on campus, and about 70% of undergraduates live on campus. Architect Steven Holl designed a dormitory, commonly known as "The Sponge." A four-week period of independent activities in January offers special classes, lectures, competitions and programs. Distinguished alumni include Apollo 11 astronaut Buzz Aldrin, former U.N. Secretary General Kofi Annan and former Federal Reserve Bank Chairman Ben Bernanke.