The MIT fiscal year runs from July 1 to June 30.
The stipend levels and health insurance rates for Fiscal 2022 have been approved.
Office of the Vice Chancellor, Graduate Student Stipend Letter AY2022
Office of the Vice Chancellor, Graduate Student Stipend Letter AY2023
The graduate stipend rate was increased by 3.25% for the academic year 2021-2022. In addition, a special 3% increase was implemented by the Institute beginning December 1, 2021.
The graduate stipend rate is increased by 5.5% for the academic year 2022-2023, effective June 1, 2022.
RA Stipend Levels |
Monthly |
Annual (12 mo.) |
High Range +15% |
|---|---|---|---|
Science & Engineering Doctoral |
$3,488 |
$42,486 |
$49,578 |
Engineering (SM Level) |
$3,186 |
$38,808 |
$45,286 |
TA Stipend Levels |
|||
Contact |
$3,570 |
$42,840 |
$49,266 |
Support |
$3,219 |
$38,628 |
$44,422 |
Health Insurance AY2022
Combined MIT Student Medical Plan and MIT Student Extended Insurance Plan |
AY2022 |
AY2021 |
$ Change |
% Change |
|---|---|---|---|---|
Students |
$3,089 |
$3,269 |
$180 decrease |
5.5% decrease |
Student and Partner |
$6,745 |
$6,927 |
$182 decrease |
2.6% decrease |
Student and Dependent(s) |
$4,209 |
$4,389 |
$180 decrease |
4.1% decrease |
Family |
$7,866 |
$8,047 |
$181 decrease |
2.2% decrease |
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% |
Tuition
Tuition and fees for AY2022 will be $57,986.