Graduate student financial assistance

We know that financial stress can affect individual well-being and academic success. MIT can provide some assistance to graduate students experiencing financial hardships arising from a variety of circumstances. The following awards are not a loan, and do not need to be repaid. Funds awarded are tax-reportable income and may reduce eligibility for educational loans. If you want to explore how this would impact you, you may talk to Student Financial Services

Graduate students may be eligible for the following assistance programs:

  • MIT Grant for Graduate Students with Children
  • Graduate Student Short-Term Emergency Fund 
  • Doctoral Long-term Financial Hardship Funding

We have also created the Summer Opportunities and Resources page which offers an inventory of internships, jobs, research, and other opportunities for graduate students, undergraduates, and post-docs.

MIT Grant for Graduate Students with Children

The MIT Grant for Graduate Students with Children is a need-blind pilot that MIT is launching for the 2020-2021 academic year. All Ph.D. students whose children live with them are eligible for this grant. In addition, Master’s students enrolled in most programs that award the Master of Science, and in programs awarding the Master of Architecture or Master in City Planning, are eligible if their children live with them (see eligibility details below).

The grant may be used to cover expenses such as child care, health care, and housing. While it does not cover the bulk of child care expenses, the grant is intended to help alleviate some of the financial hardship our student parents face while allowing them flexibility to tailor child care to their needs.

Grant amounts for the 2020-2021 academic year are:

  • $2,000 for one dependent child
  • $3,000 for two dependent children 
  • $4,000 for three or more dependent children

2020-2021 application (opens July 1, 2020)

Timeline, eligibility and FAQs

Graduate Student Short-Term Emergency Fund 

Graduate Student Short-Term Emergency Funding is intended to be a resource for students in two sets of circumstances:

  1. Students who are experiencing one-time, non-recurring financial emergencies, including unexpected and unavoidable expenses, when they have exhausted all other resources.
  2. Students who have lost paid summer opportunities such as MISTI internships, industrial and government internships, special fellowships, and summer RA or TA appointments due to Covid-19. MIT is committed to assisting students in finding solutions to lost funding.

If Graduate Student Short-Term Emergency Fund disbursements are granted, they do not have to be repaid. Graduate Student Short-Term Emergency Fund disbursements may be subject to taxation based on withholding rates set by the Internal Revenue Service (IRS).

Each request will be considered individually and decisions will be made on a case-by-case basis. Requests related to a planned paid summer position that was rescinded due to Covid-19 disruption will be reviewed and resolved by the student’s school and department or program with assistance as necessary from the Provost’s Office. Other requests will be reviewed and resolved by the Office of Graduate Education.

Current  application (open now)

Eligibility and application requirements

Doctoral Long-Term Financial Hardship Funding

Student Eligibility

The Doctoral Long-Term Financial Hardship Assessment Form is used to evaluate significant financial hardships arising from ongoing circumstances that may impact a student’s long-term academic progress, health and wellbeing. Students registered in an MIT PhD program request an assessment when they have exhausted all other resources (payment plans, other personal resources).  Students on leave from MIT are not eligible to receive funding.


The information you provide will be used by counselors from Student Financial Services (SFS) to help departments/deans determine an individualized level of support for you. Your funding support will be based on your unique circumstances, including your stipend level and other income, your household’s financial situation, and number of dependents. In some cases, students will not receive MIT funds if it is determined that the needs are not critical, or that other resources can be utilized to fulfill the need.

Applications will be accepted starting June 15 for Summer 2020. Application link coming soon.


Financial support provided through long-term hardship funding does not have to be repaid. Disbursements are subject to taxation based on withholding rates set by the IRS. After you have submitted information about your financial circumstances, you can also meet individually with an SFS counselor if you feel that there is additional information that it is important for them to know that was not captured on the assessment form.