Massachusetts Institute of Technology, , Cambridge, Massachusetts

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Massachusetts Institute of Technology

Company Name: Massachusetts Institute of Technology
Status: Active
State: Massachusetts
County: Middlesex
City/town: Cambridge
Post: 02138
Phone: (617)253-1000
Fax: unknown
Email: unknown
FICE code:002178
OPE ID code:217800
Date Approved:2003-01-24
Web site:
Review: The Massachusetts Institute of Technology (MIT) is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research. Founded in 1861 in response to the increasing industrialization of the United States, the Institute adopted the European polytechnic university model and emphasized laboratory instruction from an early date. MIT's early emphasis on applied technology at the undergraduate and graduate levels led to close cooperation with industry but curricular reforms under Karl Compton and Vannevar Bush in the 1930s re-emphasized basic scientific research. MIT was elected to the Association of American Universities in 1934 and researchers were involved in efforts to develop computers, radar, and inertial guidance in connection with defense research during World War II and the Cold War. Post-war defense research contributed to the rapid expansion of the faculty and campus under James Killian. The current 168-acre (68.0 ha) campus opened in 1916 and extends over 1 mile (1.6 km) along the northern bank of the Charles River basin. In the past 60 years, MIT's educational disciplines have expanded beyond the physical sciences and engineering into fields like biology, economics, linguistics, political science, and management. MIT enrolled 4,299 undergraduates and 6,267 graduate students for 2010В–2011. It employs around 1,000 faculty members. 76 Nobel Laureates, 50 National Medal of Science recipients, and 38 MacArthur Fellows are currently or have previously been affiliated with the university. MIT has a strong entrepreneurial culture and the aggregated revenues of companies founded by MIT alumni would be the eleventh largest economy in the world. MIT managed $718.2 million in research expenditures and an $8.0 billion endowment in 2009. The Engineers sponsor 33 sports, most teams of which compete in the NCAA Division III's New England Women's and Men's Athletic Conference; the Division I rowing programs compete as part of the EARC and EAWRC.

Massachusetts Institute of Technology, Complete Academic Data

Type: Private not-for-profit- 4-year or above
Carnegie Classification: Research Universities (very high research activity)
Student to Faculty Ratio: 8:1
Total Student Population (Graduate + Undergraduate): 10,384
Undergraduate Population: 4,232
Percent Admitted: 11.0%
SAT Composite Range: 1410-1560
Enrollment by Gender, Male: 63%
Enrollment by Gender, Femail: 37%
Enrollment by Race/Ethnicity, Asian/Native Hawaiian/Pacific Islander: 17.0%
Enrollment by Race/Ethnicity, Black or African American: 4.0%
Enrollment by Race/Ethnicity, Hispanic/Latino: 8.0%
Enrollment by Race/Ethnicity, White: 35.0%
Attendance Status, Full-Time: 98.4%
Attendance Status, Part-Time: 1.6%

Massachusetts Institute of Technology, Complete Tuition Data

In-State Tuition: $39,212
Out of State Tuition: $39,212
Books and Supplies: $1,050
Total Annual Cost: $53,210

Massachusetts Institute of Technology, Complete Financial Aid Data

Percent of Student Receiving Any Financial Aid: 86.0%
Percent of Student Receiving Any Grants: 70.0%
Total Grant Aid Received by Student Body: $87,511,420
Undergraduate Application Fee: $75

Massachusetts Institute of Technology, Complete Student Life Data

Calendar System: Four-one-four plan
Campus Housing Offered: Yes
Photo Massachusetts Institute of Technology
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