Financial Aid

Most SCM students receive some fellowship funding to offset tuition costs. In addition to the SCM Grants & Fellowships described in the next section, students are eligible to be considered for grants and endowed fellowships available to the larger MIT community. Students are automatically considered for these awards based on their application materials; no additional application forms are involved. In recent years, SCM students have been recipients of various awards including:

Learn more about MIT grant and fellowship opportunities on the Office of Graduate Education web site.

Related Info:


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Tip!

Many domestic students depend on federal student loans, and international students seek student loans from private lenders. The MIT Student Financial Services Office is the best resource for information on these forms of financial assistance.

SCM Grants & Fellowships

The MIT Center for Transportation & Logistics (CTL) provides a number of partial fellowship opportunities specifically for SCM students.

Except where noted, the awards listed below require no separate application forms or submissions. All applicants who indicate interest in fellowship and grant opportunities by checking the “Fellowship” box provided on the Financial Statement Form within the MIT Graduate Application will be considered for these awards. As noted below, some awards are available only to SCMb or SCMr applicants. All awards are made by the admissions committee based on application materials, interviews, and references. Notification of awards are made either at the time of admission or shortly thereafter, unless otherwise specified.

SCM Fellowship Opportunities

SCM Departmental Fellowships

Eligibility: (SCMr, SCMb) Awarded to incoming SCM students based on merit and need.
Number of Awards: 5-10 per academic year per program
Amount: 
SCMr: $5,000 to $30,000 tuition fellowship
SCMb: $3,000 to $18,000 tuition fellowship

Quick Stats

75%

of the SCM Class of 2020 received SCM fellowship awards.

The average award was
$17,500
totaling
$594k

Students also received a total of $500k from other MIT-wide fellowship opportunities

SCALE Scholars

Eligibility: (SCMr, SCMb) Awarded to incoming students interested in conducting research in the global aspects of logistics, transportation, or supply chain management.

Sponsored by: MIT Global Supply Chain and Logistics Excellence (SCALE) Network
Number of Awards: 5-10 per academic year per program
Amount: 
SCMr: $5,000 to $30,000 tuition fellowship
SCMb: $3,000 to $18,000 tuition fellowship

SCM Blended Achievement Award

Eligibility: (SCMb only)
Awarded to incoming students who have demonstrated exceptional academic performance in their previous studies.  This includes previous work such as prior degrees or strong performance in the MicroMasters credential and a dedication to exploring blended education opportunities.  

Number of Awards: 1-3 per academic year
Amount: $10,000 to $20,000 tuition fellowship

Lifetime Learner Award

Eligibility: (SCMb only)
Awarded ​​​​​​to incoming students who have taken a nontraditional approach to completing a graduate degree.  This includes individuals with advance careers or unique work experience that highlights a unique perspective.  

Number of Awards: 1-3 per academic year
Amount: $10,000 to $20,000 tuition fellowship

Yellow Ribbon Program

Eligibility: (SCMr, SCMb) 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®. Assuming eligibility requirements are met, the five awards are given on a first come first serve basis via submission of required paperwork to MIT's Veteran's Benefits office, after admission.

Number of Awards: 5 per academic year
Amount: 
SCMr: $20,000 tuition fellowship
SCMb: Variable

SCM Scholarship Opportunities - Additional Application Materials Required

AWESOME / MIT Advancing Women through Education (AWE) Fellowship

Sponsored by: AWESOME (Achieving Women’s Excellence in Supply Chain Operations, Management and Education) and the MIT Center for Transportation & Logistics

Eligibility: (SCMr only)
Awarded to an incoming SCMr student. Applicants interested in being considered for this fellowship will have an opportunity to specify their interest on the program application and apply before January 1. Learn more...

Number of Awards: One per academic year
Amount: 100% tuition fellowship

MIT Supply Chain Excellence Award

Eligibility: Top seniors from a select group of universities who are graduating with undergraduate degrees in supply chain or  industrial engineering. Learn more.


Number of Awards: Varies
Amount: $10,000-$25,000 tuition fellowship

UPS Fellowship

Sponsored by: UPS and the MIT Center for Transportation & Logistics
Eligibility: (SCMr, SCMb, PhD students)
PhD or Master's level students conducting research in the transportation, logistics, or supply chain management areas. 

Number of Awards: One per academic year
Amount: Tuition, student health insurance, and a monthly stipend