MIT vs. F&M

Should I go to Massachusetts Institute of Technology or Franklin and Marshall College? Compare 50+ facts and figures about the colleges to help you determine if MIT or F&M is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Massachusetts Institute of Technology vs. Franklin and Marshall College comparison
Massachusetts Institute of Technology Franklin and Marshall College College 3 College 4
Massachusetts Institute of Technology Franklin and Marshall College
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Overview

MIT F&M
Location Cambridge, MA Lancaster, PA
Setting Midsize City Small City
Enrollment 11,858 1,990
Type Private 4 Year Private 4 Year
National Ranking #8 #56
Religious Affiliation - - - -
Status Non-profit Non-profit
Website mit.edu fandm.edu
Team Colors                    

Costs

MIT F&M
Tuition (In State) $57,590 $65,652
Tuition (Out of State) $57,590 $65,652
Room & Board $18,790 $15,040
Avg Net Price $20,232 $31,135
Avg Grant Aid $45,591 $49,177
% Receiving Grant Aid 71% 63%

Admission

MIT F&M
Admission Chances Calculate Calculate
Applied 33,767 8,923
Admitted 1,337 3,233
Acceptance Rate 4% 36.2%
Enrolled % 85% 15.1%
Avg High School GPA 3.96 -
Typical High School Grades A- -
Admissions Standards Elite Exceptional
Applicant Competition Extreme High
ACT Range 35/36 30/33
SAT Range 1530/1580 1310/1440
Submit Test Scores Required to be considered for admission Not required for admission, but considered if submitted (Test Optional)
Application Deadline Jan 1, 2024 Jan 15, 2024

Academics

MIT F&M
Student to Faculty Ratio 3:1 9:1
Popular Majors
  • Engineering (41%)
  • Computer and Information Sciences (13%)
  • Physical Sciences (10%)
  • Mathematics (8%)
  • Biology (8%)
  • Social Sciences (29%)
  • Business (12%)
  • Biology (10%)
  • General Studies (7%)
  • Psychology (7%)

Outcomes

MIT F&M
Graduation Rate 93% 85%
Median Earnings (After 10 years) $142,100 $61,900
Making Student Loan Payments 92% 88%
Median Student Loan Debt $17,316 $22,000
Median Loan Payment $179 $227

Diversity

MIT F&M
% Men 57% 47%
% Women 43% 53%
Racial Diversity Very High High
HBCU No No
% White 37% 59%
% Black 6% 6%
% Hispanic 15% 8%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 6% 2%
% International 10% 14%
% Unknown Race 2% 6%

Students

MIT F&M
% In-State 7% 25%
% Out-of-State 81% 53%

Campus

MIT F&M
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No No
Daycare Facility Yes No
Learn More Details Details

Comparable Facts

  • Massachusetts Institute of Technology is larger than than F&M based on total student enrollment (11,858 students vs. 1,990 students)

MIT vs. F&M Cost Comparison

Which college is more expensive, MIT or F&M?

  • Franklin and Marshall College is 14% more expensive to attend than MIT for in-state tuition ($65,652.00 vs. $57,590.00)
  • Out of state tuition is 14% higher at F&M than Massachusetts Institute of Technology ($65,652.00 vs. $57,590.00)
  • The typical actual cost that students pay to attend (average net price) is less at Massachusetts Institute of Technology than F&M ($20,232 vs. $31,135)
  • Living costs (room and board or off-campus housing budget) at Franklin and Marshall College are 24.9% lower than costs at Massachusetts Institute of Technology ($15,040 vs. $18,790)
  • More students receive financial grant aid at Massachusetts Institute of Technology than Franklin and Marshall College (71% vs. 63%)
  • The average total grant financial aid received by Franklin and Marshall College students is 7.9% larger than aid received Massachusetts Institute of Technology ($49,177 vs. $45,591)

MIT vs. F&M Admissions Difficulty Comparison

Which college is harder to get into, MIT or F&M? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between F&M or MIT .

  • F&M has a higher acceptance rate (36.2%) than MIT (4%)

MIT vs. F&M Graduation Outcomes Comparison

Which is better, MIT or F&M? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between F&M and MIT.

  • The graduation rate at MIT is higher than Franklin and Marshall College (93% vs. 85%)
  • Graduates from Massachusetts Institute of Technology earn on average $80,200 more per year than F&M graduates after ten years. ($142,100 vs. $61,900)
  • Massachusetts Institute of Technology students graduate with a $4,684 lower median federal student loan debt than F&M graduates. ($17,316 vs. $22,000)
  • MIT graduates are paying $48 less per month on federal student loans than F&M graduates. ($179 vs. $227)
  • More MIT graduates are actively paying back their federal student loan debt than former F&M students, three years after graduation. (92% vs. 88%)

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