Massachusetts Institute of Technology

MIT understands how difficult it is to make ends meet, especially as a college student trying to manage finances, life, and academics all at once. Their Manage Your Money page provides students with banking tips and information and tax information and tips. You can also find a handy budgeting worksheet along with budgeting articles and tips.

Other financial resources for students

This college also offers MIT Student Life Mobile app which provides links and information to all types of great financial and other resources on campus. It is available on GooglePlay and the Apple Store. Discounted public transportation passes for the MBTA can be purchased.

Each student is assigned a Tech Cash Account, which is a student debit card linked to your MIT ID card that allows you to purchase items such as laundry, snacks, books, meals, and more!

Summer Housing Grants are available for students to apply for to help subsidize the cost of summer housing.

Financial Assistance Resources offered by the Office of Student life

Office of Student Life offers services such as:

ARM Coalition (Accessing Resources at MIT) help alleviate student hardships by connecting students to resources at MIT. This organization helps with everything from basic living expenses to travel to books, supplies, activity expenses and help searching for jobs on and off-campus. In addition, they offer guidance and advice for faculty, staff, and students. Their guidance and services also include help with childcare, health, dental and medical expenses in the form of services, referrals, and reduced fees. The resources on this site are endless.

Emergency support fund requests help students work through unforeseen emergencies such as a trip home, emergency weather-related clothing, or other needs that a student may have unexpectedly.

SwipeShare Food Resources is a program where students can get food resource help and utilize it in many of the dining halls on campus. Students can also donate some of their meals into the SwipeShare program. The meals (or swipes) are requested and, if approved, will be added to your student ID card to be used in the dining halls.

Resources for graduate students

Paying for graduate school can be tricky. Prospective graduate students can see how funding works to get a better idea of how to fund their education. In addition,Graduate Student Life resources offers a variety of resources through its offices. Some of these resources include: Leadership training to graduate residence halls executive boards

• Crisis response and support
• Family food grants
• Swipe Share
• Community resource information
• Programs for resident graduate students’ children
• Cooking and nutrition classes

Massachusetts Institute of Technology’s student organizations and centers host a variety of events throughout the year to help subsidize and keep student costs down for household items, clothing, transportation and other necessities. This include:

The APO Ride Board to post and take advantage of ride sharing opportunities to reduce the cost of transportation.

Choose to Reuse is a program and event held on the third Thursday of each month.

Clothing Service Program hosts a "Fall Fashion Free For All" annually where students can get needed items for their wardrobes at no cost.

Free Food Email List is a list that you can opt into to be made aware of leftovers from events at the college.