http://web.mit.edu/sfs/financial_aid/financial_aid_background.html http://web.mit.edu/sfs/financial_aid/financial_aid_backgroun... MIT is actually pretty great

http://web.mit.edu/sfs/financial_aid/financial_aid_background.html http://web.mit.edu/sfs/financial_aid/financial_aid_backgroun... MIT is actually pretty great with financial aid. 76% of students receive need-based aid. ALL financial aid is need-based. Merit and abilities don't even enter into the equation. 99% of students in 0-50k income bracket get a full ride. 98% of students in 50-100k bracket get mostly covered 94% of students in 100-150k get a lot of help. The average debt upon graduation is 18k.