How challenging is it for an international student to afford MIT without financial aid, even if accepted?
Attending the Massachusetts Institute of Technology (MIT) without financial aid can indeed be a significant financial challenge for international students. The cost of tuition, along with living expenses, books, and other fees, can amount to a substantial sum, often exceeding $70,000 per year. This figure is daunting for many students and their families, especially when considering the four-year duration of most undergraduate programs. Therefore, it’s crucial to explore all available funding options, including scholarships, grants, and education loans. Institutions like MIT do offer some need-based aid to international students, but it may not cover all expenses.
For those struggling to bridge the financial gap, seeking guidance from organizations like GyanDhan can be incredibly beneficial. GyanDhan specializes in helping students secure education loans and other financial resources, providing personalized advice and support to make higher education more accessible.