Massachusetts Institute of Technology

History

  • Incorporated by the Commonwealth of Massachusetts on April 10, 1861

Motto

  • Mens et manus—"Mind and Hand"

Campus

  • 168 acres in Cambridge, Massachusetts
  • 18 student residences
  • 26 acres of playing fields

Employees

  • Approximately 11,840 (including faculty)

Faculty

  • Professors (all ranks): 1,021
  • Other teaching staff: 809

Selected Honors (MIT Community, Current and Former)

  • 85 Nobel Laureates
  • 56 National Medal of Science winners
  • 28 National Medal of Technology and Innovation winners
  • 44 MacArthur Fellows

Undergraduate Majors and Minors

  • Major programs: 46
  • Minor programs: 49

Freshman Admission, Class of 2018

  • Applicants: 18,356
  • Admits: 1,447
  • Percentage admitted: 7.9%

Students, Academic Year 2014–2015

  • Total: 11,319
  • Undergraduates: 4,512
  • Women: 2,055 (46%)
  • Minorities: 2,317 (51%)
  • Graduate students: 6,807
  • Women: 2,171 (32%)
  • Minorities: 1,379 (20%)

International Students, 2014–2015

  • Undergraduates: 436
  • Graduate students: 2,748
  • Exchange, visiting, special students: 405

Undergraduate Cost, 2014–2015

  • Tuition: $44,720
  • Room and board: $13,224

Undergraduate Financial Aid, 2013–2014

  • Students attending tuition-free: 32%
  • Students awarded a need-based MIT scholarship: 56%
  • Average need-based financial aid award: $34,551

MISSION

The mission of MIT is to advance knowledge and educate students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century.

The Institute is committed to generating, disseminating, and preserving knowledge, and to working with others to bring this knowledge to bear on the world's great challenges. MIT is dedicated to providing its students with an education that combines rigorous academic study and the excitement of discovery with the support and intellectual stimulation of a diverse campus community. We seek to develop in each member of the MIT community the ability and passion to work wisely, creatively, and effectively for the betterment of humankind.