SCMr Tuition & Scholarships

Tuition and Fees: 2018-2019

Expenses Fall Spring Total
   Tuition $37,100 $37,100 $74,200
   Student life fee $156 $156 $312
   Extended health insurance $1,310 $1,834 $3,144
   Estimated living expenses $12,825 $12,825 $25,650
   Official total estimated expenses $51,391 $51,915 $103,306
Additional Expenses      
   Partial August health insurance $377 - $377

   Additional dependent expenses

   (will vary by student)

- - $5,000 - $17,282+
*All rates subject to change      

The total cost for the SCMr program is $103,306. This is the amount international students must show on their Proof of Funding.

 


Financial Aid

The Supply Chain Management master's program is designed as a self-funded program. However, the MIT Center for Transportation & Logistics (CTL) does provide a select few students with partial fellowships. To indicate your interest in CTL fellowships, please check the “Fellowship” box provided on the Financial Statement Form within the MIT Graduate Application.

Because of the intensive course load, SCM master's students are not eligible for research or teaching assistantships. Many domestic students depend on federal student loans and international students seek out student loans from private lenders. MIT's Student Financial Services Office is the best resource for determining how best to fund your MIT education. More information on financial assistance can be found on their website: http://web.mit.edu/sfs/.

SCM students are also eligible for grants and fellowships offered by the larger MIT community. Please visit the website of the Office of the Dean for Graduate Education for detailed information about these awards. Students are automatically considered for these awards based on their application materials. No additional application form is involved. Read more at: http://web.mit.edu/odge/finances/fellowships/index.html.

The SCM Program offers the following scholarships:

UPS Fellowship
Sponsored by: UPS and the MIT Center for Transportation & Logistics
Number of Awards: One per academic year
Field: Transportation, logistics, or supply chain management
Amount: Tuition, student health insurance, and monthly stipend
Eligibility: PhD or Masters level students conducting research in the transportation, logistics, or supply chain management areas. Students do not apply for these awards but all admitted candidates are considered if they have indicated they are interested in being considered for fellowship opportunities on their application. No separate application forms or submissions are required. Awards are made by the admissions committee based on the application materials, interviews, and references. Notification of these awards are made either at the time of admission or shortly thereafter.
SCALE Scholars
Sponsored by: MIT Global Supply Chain and Logistics Excellence (SCALE) Network
Number of Awards: 1-5 per academic year
Field: Transportation, logistics, or supply chain management
Amount: Partial grants of 10% to 50% of tuition.
Eligibility: Awarded to incoming SCM students interested in conducting research in the global aspects of logistics, transportation, or supply chain management. Students do not apply for these awards but all admitted candidates are considered if they have indicated they are interested in being considered for fellowship and scholarship opportunities on their application. No separate application forms or submissions are required. Awards are made by the admissions committee based on the application materials, interviews, and references. Notification of these awards are made either at the time of admission or shortly thereafter.
Women in Supply Chain
Sponsored by: MIT SCM Program
Number of Awards: 1-5 per academic year
Field: Transportation, logistics, or supply chain management
Amount: $5,000 to $50,000 tuition scholarship
Eligibility: Awarded to incoming female SCM students based on quality and need. Students do not apply for these awards but all admitted female candidates are considered if they have indicated they are interested in being considered for fellowship and scholarship opportunities on their application. No separate application forms or submissions are required. Awards are made by the admissions committee based on the application materials, interviews, and references. Notification of these awards are made either at the time of admission or shortly thereafter.

MIT Supply Chain Excellence Award
Sponsored by: MIT SCM Program
Number of Awards: One winner per department or school, per academic year
Field: Supply chain management or industrial engineering
Amount: $10,000-$25,000 tuition scholarship
Eligibility: Awarded to top supply chain and industrial engineering seniors from the nine universities with which the MIT SCM program is affiliated. Learn more.

Yellow Ribbon Program
Sponsored by: MIT SCM Program
Number of Awards: Five per academic year
Field: Transportation, logistics, or supply chain management
Amount: $20,000 tuition scholarship
Eligibility: Awarded to incoming SCM students who are coming out of the United States military and who qualify for the Yellow Ribbon Program under the Post-9/11 GI Bill. Students do not apply for these awards but all admitted candidates are considered if they have indicated they are interested in being considered for fellowship and scholarship opportunities on their application. No separate application forms or submissions are required. Awards are made by the admissions committee based on the application materials, interviews, and references. Notification of these awards are made either at the time of admission or shortly thereafter.