Stipend Levels and Health Insurance Rates

The MIT fiscal year runs from July 1 to June 30.

The stipend levels and health insurance rates for Fiscal 2021 have been approved. See the AY2021 Graduate Stipend Rates Memo

The graduate stipend rate will be increased by 2.9% in 2020-2021.

Stipends AY2021
RA Stipend Levels Monthly Annual (12 mo.) High Range +15% Low Range -10%
Science & Engineering Doctoral $3,378 $40,533 $46,614 $36,480
Engineering (SM Level) $3,086 $37,036 $42,591 $33,332
TA Stipend Levels        
Contact $3,458 $41,501 $47,725 $37,351
Support $3,118 $37,418 $43,031 $33,676

 

Health Insurance AY2021
Combined MIT Student Medical Plan and MIT Student Extended Insurance Plan AY2021 AY2020 $ Change % Change
Students  $3,269 $3,269 $0 0%
Student and Partner  $6,927 $6,927 $0 0%
Student and Dependent(s)  $4,389 $4,389 $0 0%
Family  $8,047 $8,047 $0 0%
MIT Student Medical Plan Only* AY2021 AY2020 $ Change % Change
Students  included with Tuition  included with Tuition  included with Tuition N/A
Student and Partner $1,584 $1,584  $0 0%
Student and Dependent(s) $792 $792  $0 0%
Family (student, partner and dependents) $2,376 $2,376  $0 0%