<p>Hello. I'm deeply interested in attending the Massachusetts institute of technology (MIT) in a few years. My family receives an annual income of less than fifty thousand dollars a year, so how much financial aid in grants would I be entitle to receive from MIT? Thank you.</p>
<p>If your family earns less than $75,000/year, MIT will cover your entire tuition. You may even get aid to cover some of your living expenses. [MIT</a> - Student Financial Services](<a href=“MIT Student Financial Services”>MIT Student Financial Services)</p>
<p>Thanks! 
Does this particular financial aid apply to both graduate and undergraduate students? Thanks again.</p>
<p>Hello, please allow me to add something to the question at hand - does the <$75,000 income = full tuition financial aid policy also apply to internation students as well? Or does the institute view international candidates solely as sources of revenue?</p>
<p>Oh never mind, found my answers in the web site.</p>
<p>
Just to undergraduates.</p>
<p>Most graduate students at MIT are funded by their departments and do not pay tuition and fees themselves. And at the graduate level, your family’s ability to contribute is no longer considered; after you earn an undergraduate degree, you are considered to be independent of your parents financially.</p>
<p>“If your family earns less than $75,000/year, MIT will cover your entire tuition.”</p>
<p>I’m so glad to hear this. This is what financial aid is for.</p>
<p>so if I decide to remain at MIT for let us say 2 years after graduating, where would be the best place where I should turn to, to seek out financial aid?</p>
<p>If you continue to attend graduate school at MIT after completing your undergraduate degree, your department and/or advisor will usually pay your tuition and fees. Depending on your department, you may have to serve as a teaching assistant or a research assistant in return.</p>
<p>The problem with great schools like MIT is not affordability but gaining admission. If you get in, they will give you money to meet demonstrated need.</p>
<p>I think that to continue at MIT after recieving a degree, you have to be accepted to graduate school.</p>
<p>Wait, if your parents are divorced, do they look at both incomes or just your primary custodial parent’s income?</p>
<p>^^ I would like to see the answer to that question. My parents are divorced too. Even though my dad pays Child Support, the expenses for me and my twin are no where equally distributed between my mom (custodial) and my dad (non-custodial).</p>
<p>MIT relies on federal forms to determine aid (FASFA and CSS Profile). I believe one or both of those forms asks for information from the noncustodial parent.</p>
<p>Do colleges such as the Georgia Institute of Technology, and Emory University offer such high grants to students who come from families with annual incomes of less than 75k?</p>