The Institute’s pooled investments lost 5.3 percent last year; endowment stands at $24.6 billion.
Standardized tests help the Institute’s admissions team identify and assess students from all backgrounds, says MIT’s dean of admissions and student financial services.
Financial aid support remains strong, and free tuition guarantee is increased.
Former associate director succeeds founding director Lydia Snover; MIT 2022 Quality of Life Survey launches.
Financial aid will remain robust and, after being held flat last year in response to the Covid-19 pandemic, tuition and fees will increase by 3.85 percent.
Program pairs student mentors in electrical engineering and computer science with applicants from underrepresented backgrounds.
Institute’s pooled investments returned 8.3 percent last year; endowment stands at $18.4 billion.