Cost of the Blended SCM Masters Program

Tuition and Fees: 2019-2020

Expenses Total
   Tuition $44,980
   Student life fee $170
   Extended health insurance $1,907
   Estimated living expenses (5 Months) $14,675
   Official total estimated expenses $61,732
Additional Expenses  
   Partial January health insurance $377
   Books and Supplies $820

   Additional dependent expenses

   (will vary by student)

$2,500 - $8,641+
*All rates subject to change  

Tuition includes cost for all required classes and electives. There is no additional cost for taking electives beyond the requirements, subject to advisor approval.

The total estimated cost for the SCMb program is $61,732. This is the amount international students must show on their Proof of Funding.

Living expenses vary, depending on your living style and whether students live alone, with roommates, or have a family. Currently, a budget of $2,850 per month is recommended for single students on campus, this equated to $14,250 for the five month duration of the program.


MicroMasters Cost

To earn a Blended SCM Masters degree, a candidate must first earn the MicroMasters credential. These five online courses are/will be available for free unless the learner wishes to receive a Verified Certificate (required for the MicroMasters credential), which currently costs US$200 per course. There will also be a cost of US$200 to take the proctored comprehensive final exam for the MITx MicroMasters credential. Therefore, the total cost for the MITx MicroMasters credential will be US$1200.


Financial Aid

  • The MIT Center for Transportation & Logistics (CTL) provides students with partial fellowships. Check the “Fellowship” box provided on the Financial Statement Form within the MIT Graduate Application.
  • Many domestic students depend on federal student loans and international students seek student loans from private lenders. MIT's Student Financial Services Office is the best resource for more information on financial assistance. Find out more at the MIT Student Financial Services Office.
  • SCM students are eligible for grants and fellowships by the larger MIT community. Students are automatically considered for these awards based on their application materials. No additional application form is involved.
  • Students receiving SCM department fellowships can review the SCM Financial Aid Policy.

SCALE Scholars Award


Sponsored by: MIT Global Supply Chain and Logistics Excellence (SCALE) Network
Number of Awards: 5-10 per academic year
Field: Transportation, logistics, or supply chain management
Amount: Partial fellowships of $3,000 to $18,000
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.

 

SCM Departmental Fellowships


Sponsored by: MIT SCM Blended Program
Number of Awards: 3-5 per academic year
Field: Transportation, logistics, or supply chain management
Amount: $3,000 to $18,000 tuition fellowship
Eligibility: Awarded to incoming SCM Blended students based on merit and need. 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.

 

SCM Blended Achievement Award


Sponsored by: MIT SCM Blended Program
Number of Awards: 1-3 per academic year
Field: All fields related to supply chain management
Amount: $10,000 to $20,000 tuition fellowship
Eligibility: 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.  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.

 

Lifetime Learner Award


Sponsored by: MIT SCM Blended Program
Number of Awards: 1-3 per academic year
Field: All fields related to supply chain management
Amount: $10,000 to $20,000 tuition fellowship
Eligibility: 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.  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.

 

Yellow Ribbon Program


Sponsored by: MIT SCM Program
Number of Awards: Five per academic year
Field: Transportation, logistics, or supply chain management
Amount: Variable
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 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.