Harvard vs. MIT

,

Should I go to Harvard University or Massachusetts Institute of Technology? Compare the two schools' costs, SAT, ACT, GPA, admissions criteria and outcomes to help you make your decision.

Harvard Comparison

Harvard University vs. Massachusetts Institute of Technology comparison
H M
Remove Remove
School Harvard MIT
Location Cambridge, MA Cambridge, MA
Students 31,566 11,574
Type Private 4 Year Private 4 Year
Religious Affiliation - -
Status Non-profit Non-profit

Costs

Tuition (In State) $46,340 $51,520
Tuition (Out of State) $46,340 $51,520
Room & Board $17,160 $15,510
Avg Net Price $17,030 $22,230
Avg Grant Aid $49,870 $43,248
% Receiving Grant Aid 56% 58%

Admission

Acceptance Rate 4.7% 6.7%
Avg High School GPA 4.04 3.96
Admissions Standards Elite Elite
Applicant Competition Extreme Extreme
ACT Range 33/35 34/36
SAT Range 1460/1580 1500/1570
Application Deadline Jan 1, 2020 Jan 1, 2020

Outcomes

Graduation Rate 97% 93%
Median Earnings (After 10 years) $136,700 $142,100
Making Student Loan Payments 70% 92%
Median Student Loan Debt $6,500 $17,316
Median Loan Payment $67 $179
Learn More Full Profile Full Profile

Comparable Facts

  • Harvard University is larger than than MIT based on total student enrollment (31,566 students vs. 11,574 students)

Harvard vs. MIT Cost Comparison

  • Massachusetts Institute of Technology is 11.2% more expensive to attend than Harvard for in-state tuition ($51,520.00 vs. $46,340.00)
  • Out of state tuition is 11.2% higher at MIT than Harvard University ($51,520.00 vs. $46,340.00)
  • The typical actual cost that students pay to attend (average net price) is less at Harvard University than MIT ($17,030 vs. $22,230)
  • Living costs (room and board or off-campus housing budget) at Massachusetts Institute of Technology are 10.6% lower than costs at Harvard University ($15,510 vs. $17,160)
  • More students receive financial grant aid at Massachusetts Institute of Technology than Harvard University (58% vs. 56%)
  • The average total grant financial aid received by Harvard University students is 15.3% larger than aid received Massachusetts Institute of Technology ($49,870 vs. $43,248)

Harvard vs. MIT Admissions Difficulty Comparison

  • The average SAT score at Massachusetts Institute of Technology (1507) is 10 points higher than at Harvard (1497)
  • Incoming Harvard students have at the same average ACT score (34) as students at MIT (34)
  • MIT has a higher acceptance rate (6.7%) than Harvard (4.7%)

Harvard vs. MIT Graduation Outcomes Comparison

  • The graduation rate at Harvard is higher that Massachusetts Institute of Technology (97% vs. 93%)
  • Graduates from Massachusetts Institute of Technology earn on average $5,400 more per year than Harvard graduates after ten years. ($142,100 vs. $136,700)
  • Harvard University students graduate with a $10,816 lower median federal student loan debt than MIT graduates. ($6,500 vs. $17,316)
  • Harvard graduates are paying $112 less per month on federal student loans than MIT graduates. ($67 vs. $179)
  • More MIT graduates are actively paying back their federal student loan debt than former Harvard students, three years after graduation. (92% vs. 70%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/