For AY2020, the table below lists all possible coverage categories and each one’s annual premium cost for the MIT Student Medical Plan and the MIT Student Extended Insurance Plan combined. Career Advising and Professional Development (CAPD). High Range +15%: $41,391 Our health insurance costs will continue to be below those of our peers for most of our students, especially for students with partners, dependents, and families. For example, the premium for family coverage at MIT is approximately half of that at Yale, Stanford, and Harvard. Low Range -10%: $32,393, Contact In response to our initial findings each School has committed to implement new policies and practices to help alleviate the financial insecurity some graduate students are facing. Please note, this is a guideline only; individual departments may deviate from these by up to plus 15% or up to minus 10% (potentially more, subject to review by the School Dean, the Vice Chancellor, and the Vice President for Research). The student life fee will be $340 or $170 per term in AY2020. The Office of Graduate Education administers these awards. UG also specifies that the rate must be used consistently for all Federal awards until such time as a federal rate for such activity is negotiated. When and how do I sign up for the Grant for Graduate Students with Children? RA STIPEND LEVELS. Science & Engineering Doctoral. This rate increase translates to an additional $10.42 per month for individual students and up to an additional $33.59 per month for families. We are also pleased to provide an update on efforts spearheaded by the Office of the Vice Chancellor (OVC) and the GSC to better understand the issues of MIT graduate students who might be struggling financially. professional masters degrees versus research-based masters degrees). High Range +15%: $45,300 Support for graduate students in need → Stipend and health plan rates … $13,368. Monthly: $2,999 BCS Community Standard Postdoc Annual Stipend Rate was fully implemented as of July, 1, 2016. Generous donors have provided MIT with funds in support of stipend awards, for students who fall into unique categories. NIH Training Grants). The graduate stipend rate will be increased by 2.9% in 2020-2021. Monthly: $3,361 TA STIPEND LEVELS OGE Fellowships. ): $35,992 Stipend rates which will become effective 6/1/19 will be $3,299 per month (SM level) and $3,610 per month (PhD level). In consultation with the Provost, the Chancellor, and the School Deans, new ranges for the monthly stipends of full-time research and teaching assistants for the 2019-20 academic year (AY2020) have been established. Doctoral Provost Robert A. Note that the first table (“Combined”) shows the cost of purchasing both the MIT Student Medical Plan and the MIT Student Extended Insurance Plan. Tuition The Graduate Stipends Committee is charged with analyzing a wide range of factors related to graduate stipends, including cost of living, cost to grants, competitiveness, and community equity issues. Minimum stipend rates for non-standard appointments classified as graduate assistantships (TA, GA, RA, or GRA) must be proportional to the board-approved stipend. Stipends. Stipends for Graduate Student Assistants (GSA), Teaching Assistants (TA), and Teaching Fellows (TF) The one-term stipend rates, effective September 1, 2020, for the 2020–21 academic year are below. The graduate stipend rate will increase by 3% in AY2020. We have established new ranges for monthly stipends of full-time research and teaching assistants for the 2020–21 academic year (AY2021). Low Range -10%: $36,298, Support Annual (12 mo. Monthly: $3,030 This reflects an increase of $28. ... Massachusetts Institute of Technology. The Schools will complete this work before next year’s GSC stipend recommendation process. As part of this process, additional funding sources may be identified and ways to assess the effectiveness of the new measures and report on our progress will be developed. This rate is indexed at the NIH NRSA 4-years of experience rate. STUDENTS (automatic enrollment)Annual AY2019: Cost included with tuitionAnnual AY2020: Cost included with tuitionAnnual ($) Change: Cost included with tuitionAnnual % Change: N.A. The cost of living has increased approximately 2.92% in the past year (3.22% for on-campus students, and 2.76% for off-campus students) based on analyses of the GSC Graduate Stipends Committee. TA STIPEND LEVELS. We hope to address situations with master’s students who may face significant financial insecurity in the future. Monthly: $3,283 The graduate stipend rate will be increased by 3% in AY18-19. Finally, the MIT Graduate Student Dental Plan will be available again for AY2020, but the new rates are not yet available from Blue Cross Blue Shield of Massachusetts. There is no restriction on summer stipends and fellowships. Departments are encouraged to share the FAQ link with students. The MIT administration is constantly trying to advance the support for grad students. We have been working on the rate changes with the Office of the Vice ): $39,391 For AY2020 we have been able to keep health plan rate increases to 5%, on average, for students and their dependents who are enrolled in the MIT Student Medical Plan and MIT Student Extended Insurance Plan. The Grant for Graduate Students with Children application is located on the Office of Graduate Education Engage website. The GSC Graduate Stipends Committee has estimated that the purchasing power of the MIT stipend is comparable to the average of eight top peers (including Harvard and Stanford). Contact Students with comparable coverage may waive Extended Plan coverage, but even if they waive, they will remain enrolled in the MIT Student Medical Plan, because it is included in tuition. Generous donors have provided MIT with permanent funds in support of fellowships, many of which have unique restrictions. A department may not assign a stipend (exclusive of tuition and fees) above these guidelines without specific approval of the Office of Graduate Education. There are a number of resources at the Institute and elsewhere that can supply great planning information and can help if you experience financial challenges or unforeseen expenses. The graduate stipend rate will increase by 3% in AY2020. RA STIPEND LEVELS Doctoral Monthly: $3,283 Annual (12 mo. Low Range -10%: $36,298, Support Research Assistants will find the cost of an individual health insurance plan fully covered during the tenure of their appointment. Doctoral Monthly: $3,283 Annual (12 mo. TA STIPEND LEVELS. Departments may choose a range between +15% and -10% of the posted rate. Please contact the HR Payroll Service Center at 617-253-4255 or payroll@mit.edu with questions. ): $35,992 High Range +15%: $41,391 The student life fee will be $340 or $170 per term in AY2020. MIT's graduate residence halls, located within a short walk of campus, are likewise shaped by their residents to be vibrant, collaborative places that meet the distinct needs of graduate students and families. Graduate student research assistant stipends (salaries) and tuition are subject to the 10% fund transaction fee when charged to any fund account (internal order or Work Breakdown Structure) that is subject to the fund transaction fee. Each year, MIT reviews changes in the amount of health care used in the past year (utilization) and the costs of that care (unit costs), as well as estimating the impact of new benefits, treatments and/or other market factors. See the AY2021 Graduate Stipend Rates Memo.. Maria Zuber, Vice President for Research It also addresses some of the recommendations of the Working Group on Graduate Student Tuition Models led by Professor Steve Bell, and is in keeping with the Graduate Student Roadmap strategic initiative, an effort to enhance the graduate student experience at MIT. [See Fund Account Rates … ): $35,992 High Range +15%: $41,391 Low Range -10%: $32,393. Brown announced last Friday that MIT will raise graduate student stipends on July 1 by $30 a month to cover most of a $45 a month increase in premium for the optional extended hospital insurance for students. Tuition for AY2020 will be $53,450 or $26,725 per term. ): $40,331 Stipends The graduate stipend rate will be increased by 2.9% in AY20-21. Annual (12 mo. We have a variety of options available for … RA STIPEND LEVELS Doctoral Monthly: $3,283 Annual (12 mo. ): $35,992 Departments in other schools (other than Science and Engineering) will be expected to establish stipends consistent with these guidelines, subject to the approval of their School Dean and Associate Provost. Stipends for full-time research and teaching assistants. $1,114 Health plan rate increases have been kept to 5% on average. MIT premiums for single students are less than at Brown and Stanford. However, keep in mind that the SOS Program is intended to assist underrepresented applicants (namely African American, Latino, Native American, and women) to the Program in Media Arts and Sciences. Juniors/Seniors. The current stipend rates for RAs and TAs are available in Academic Programs, 4-315. Doctoral Monthly: $3,378 Annual (12 mo. SM Level Monthly: $3,086 Annual (12 mo. Postdoctoral Fellows. ): $38,244 This same pattern repeated itself at various other orientation events. The work also addresses some of the recommendations of the Working Group on Graduate Student Tuition Models led by Professor Steve Bell, and is in keeping with the Graduate Student Roadmap strategic initiative, an effort to enhance the graduate student experience at MIT. RA STIPEND LEVELS. ): $40,533 High Range +15%: $46,614 Low Range -10%: $36,480. Sincerely, Maria Zuber, Vice President for Research Ian A. Waitz, Vice Chancellor for Undergraduate and Graduate Education Annual (12 mo. For more information on how these rates were established and some comparisons with peers, please see the related FAQ . ): $37,036 High Range +15%: $42,591 Low Range -10%: $33,332. As mentioned above, this process will involve seeking student input, defining ways to measure progress, and then communicating the commitments’ provisions once they are finalized. All MIT graduate degree programs have residency requirements, which reflect academic terms (excluding summer). Fellowship stipends are also legally taxable income. Annual (12 mo. Examples are provided in the table below. Low Range -10%: $32,393, Contact This work will be completed before next year’s GSC stipend recommendation process. Freshmen/Sophomores. Each department is free to choose actual stipend rates of -10% to +15% relative to the baseline, at their discretion. Engineering (Support) - $36,363/year ($3,030/month)*. This reflects a 3.75% increase over this year’s tuition. MIT physics graduate students receive support from a variety of sources: fellowships, teaching assistantships, and research assistantships. The OVC will collaborate closely with the GSC and School leaders to work out the details before next year’s stipend process concludes. Annual (12 mo. After completing a survey of students, analyzing the survey findings, and engaging with community members, we focused our efforts on doctoral students with 9-month and non-resident appointments who may be facing more acute financial challenges. While it’s complicated to compare health insurance rates due to differences in benefits and plan-designs, MIT students tend to pay similar or lower rates than students at our peer institutions. Contact Science & Engineering (Contact) – $40,331/year ($3,361/month)*. ): $39,391 Tuition for AY2020 will be $53,450 or $26,725 per term. High Range +15%: $41,818 We assist you with applying for graduate student loans from federal and private sources. Tuition rates and the student life fee for AY2020 have also been established (see below). *Note: individual department stipend rates may deviate from this number. Monthly: $3,030 This committee makes a recommendation to the MIT Dean’s Group. OGE Stipend Awards. These ranges reflect a 3% increase, consistent with the 2.92% cost-of-living increase recommended by the Graduate Student Council (GSC) Graduate Stipends Committee. The fellow usually works under the supervision of MIT faculty members and uses the facilities of the Institute. In addition, MIT provided $226 million in tuition support [2013 MIT Report of the Treasurer]. A Postdoctoral Fellow is an individual who is performing independent research to further their education and research. Frequently Asked Questions (FAQ) about the 2019-20 academic year (AY2020) graduate student stipend and health insurance rates. Doctoral ): $39,391 High Range +15%: $45,300 Low Range -10%: $35,452. Each School has committed to implement new policies and practices to help alleviate the financial insecurity some graduate students are facing. Departments have the flexibility to set their own rates within the Institute guidelines to ensure that they remain competitive within their discipline and in order to be responsive to budgetary constraints. Tuition rates and the student life fee for AY2020 have also been established (see below). 2. There were no other changes in benefits or out-of-pocket costs from AY2019. ): $36,363 ): $39,391 High Range +15%: $45,300 Low Range -10%: $35,452. Doctoral Monthly: $3,378 Annual (12 mo. Fund Tax on Research Assistants. In the 2020-2021 Academic Year, you can submit your application between July … High Range +15%: $41,391 The graduate student stipend is designed to support a single student, not a family of 2 or more. However, they cannot purchase Extended-Plan-only coverage. The premiums collected from all members must cover the total cost of care plus the administrative expenses required to manage the health plan. For AY2020, we have been able to keep health plan rate increases to 5%, on average, for students and their dependents who are enrolled in the MIT Student Medical Plan and MIT Student Extended Insurance Plan. This reflects an increase of $28. Monthly: $3,283 Expanded MIT Health Plans High Range +15%: $41,818 •  MIT will withhold federal income tax from Fellowship stipends at a $at rate depending on the student’s visa type (14 percent for students with an F-1 or J-1 visa, 30 percent for all others). Students currently enrolled in an outside plan with comparable coverage who wish to waive the MIT Student Extended Plan coverage must do so before August 15, or they will be charged a late-waiver fee of $150. Monthly: $2,999 The stipend levels and health insurance rates for Fiscal 2021 have been approved. High Range +15%: $46,380 The committee consists of two co-chairs, one of whom is a faculty member, the other a graduate student; a second faculty member; a staff representative of the Vice President for Research; a staff representative of the Vice President for Finance; and four other graduate students. Even though the aggregated rates for next year are in line with previous increases of 3–4% and MIT’s stipends consistently rise to meet cost-of-living increases, we realize that the cost of housing affects each student differently. RA STIPEND LEVELS. Annual (12 mo. Stipends for full time-research and teaching assistants. Stipend increase. Annual (12 mo. Graduate Funding Information. In consultation with the Provost, the Chancellor, and the School Deans, we have established the new ranges for the monthly stipends of full-time research and teaching assistants for the 2019-20 academic year (AY2020). SM Level Monthly: $2,999 Annual (12 mo. $1,114. Monthly Stipend. $13,368. RA STIPEND LEVELS Family members may enroll in the MIT Student Medical Plan only — with costs shown in the second table — or they may enroll in the combined plans. Rates for health plans available through MIT for students and their family members are listed in the tables below. Monthly: $3,361 Stipends for full-time research and teaching assistants. This rate increase translates to an additional $10.42 per month for individual students and up to an additional $33.59 per month for families. A number of students come to MIT with external fellowships. The work described above will draw upon future insights from the Graduate Family Support Working Group, which was recently established to broadly understand the environment for graduate student families at MIT and options for ensuring they are appropriately supported. Selected 2019 graduate admissions statistics: 29,114 applications for graduate study; 3,670 offers of admission (12.6%) Stipends for full time-research and teaching assistants The graduate stipend rate will increase by 3% in AY2020. Student Life Fee ): $40,331 Stipend for FY 2020. But, I believe that MIT always strives to provide the best experience for the students. Health Insurance For more information about the graduate student stipend ranges and health insurance rates, please refer to the related FAQ. “Oh yeah, everything here runs about five minutes late,” she told me. The graduate stipend rate will increase by 3% in AY2020. Sharon Casey, Health Plans Manager, Stipends for full time-research and teaching assistants. AY18-19 Monthly: $3,187; Annual (12 mo. As part of this process, additional funding sources may be identified, and we will develop ways to assess the effectiveness of the new measures and to report on our progress. A decision is then made by the Provost, the Chancellor, and the Vice President for Research. We are grateful to the School Deans, department graduate administrators, and graduate student leaders for helping us to reach this commitment so that we can be responsive to the needs of graduate students who are struggling financially. Low Range -10%: $35,452, SM Level We have work to do to develop and implement School-specific policies and practices. For more information about the graduate student stipend ranges and health insurance rates, please refer to the related FAQ. Contact Monthly: $3,458 Annual (12 mo. Finally, this letter outlines health plan rates for students and their dependents who are enrolled in the MIT Student Medical Plan and MIT Student Extended Insurance Plan. In line with insurance industry standards, the final rates are calculated to cover these anticipated costs, along with those potential, unexpected medical expenses that are more difficult to predict. SM Level Monthly: $3,086 Annual (12 mo. Low Range -10%: $32,727. Every health plan must also maintain sufficient funds to protect against unexpected medical expenses. ): $39,391 High Range +15%: $45,300 Low Range -10%: $35,452 SM Level Monthly: $2,999 Annual (12 mo. Applicants who are not members of an underrepresented group, but are studying or employed in the US, can participate in the SOS Program. However, the tax withholding regulations do not allow for withholding federal and Massachusetts income taxes from the fellowship payments. MIT provides assistance to graduate students experiencing financial hardships, and has established new ranges to stipends and changes to health insurance rates and plan benefits, plus additional summer opportunities and resources, for internships, jobs, research, and other opportunities for graduate students, undergraduates, and post-docs.. In Fall 2017, there were two dedicated lecturers, one faculty administrator, four graduate TAs, and five undergraduate TAs for 6.172. The work described above will draw upon future insights from the Graduate Family Support Working Group. The landscape here is more complex as we have many masters students in programs for which the expectations for support differ (e.g. Career Level. •  MIT will not withhold state income taxes. For AY2020, the copayment for acupuncture services was reduced to $10 per visit. ... Stipend and health plan rates; MIT Student Financial Services. That is, as the NIH raises this rate for cost of living, the BCS Community Rate will track that. ): $40,533 High Range +15%: $46,614 Low Range -10%: $36,480. Combined (total annual cost to purchase both the MIT Student Medical Plan and MIT Student Extended Insurance Plan), STUDENTS (automatic enrollment)Annual AY2019: $3,144Annual AY2020: $3,269Annual ($) Change: $125Annual % Change: 4%, STUDENT AND PARTNERAnnual AY2019: $6,576Annual AY2020: $6,927Annual ($) Change: $351Annual % Change: 5%, STUDENT AND DEPENDENT(S)Annual AY2019: $4,212Annual AY2020: $4,389Annual ($) Change: $177Annual % Change: 4%, FAMILY (student, partner, and dependents)Annual AY2019: $7,644Annual AY2020: $8,047Annual ($) Change: $403Annual % Change: 5%, MIT Student Medical Plan Only (total annual cost to purchase just the MIT Student Medical Plan). This year the average graduate RA, TA, or fellowship award was approximately $75,000 [Based on tuition, medical insurance, and an average stipend of $29,800]. Annual (12 mo. This decision was made possible through a comprehensive process involving student surveys, data analysis, and engagement with community members – including School deans, department graduate administrators, and graduate student leaders. Current BCS Community Standard Postdoc Annual Stipend Rate Through additional financial supports, MIT continues to help the graduate student community during a challenging period. RA STIPEND LEVELS. STUDENT AND PARTNERAnnual AY2019: $1,536Annual AY2020: $1,584Annual ($) Change: $48Annual % Change: 3%, STUDENT AND DEPENDENT(S)Annual AY2019: $768Annual AY2020: $792Annual ($) Change: $24Annual % Change: 3%, FAMILY (student, partner, and dependents)Annual AY2019: $2,304Annual AY2020: $2,376Annual ($) Change: $72Annual % Change: 3%. For other sponsor activity funded by Federal sponsors , MIT will propose and charge the de minimis 10% MTDC rate, unless a different amount is allowed under Federal terms (e.g. Stipends The graduate stipend rate will be increased by 2.9% in 2020-2021. One day, I spoke to another student in my Master’s degree program who had attended MIT as an undergrad. Applicants studying or employed outside of the … Prorated Stipends for Non-Standard Appointments. 6.172 is unique to MIT, not only because of the effort expected of the students, but also due to the technical experience and creativity demanded of the course staff. ): $37,036 High Range +15%: $42,591 Low Range -10%: $33,332. ): $41,501 MIT will also establish monthly premiums so students don't have to make a large payment at the beginning of the year. High Range +15%: $45,300 TA STIPEND LEVELS. This reflects a 3.75% increase over this year’s tuition. Ian A. Waitz, Vice Chancellor for Undergraduate and Graduate Education MIT Graduate Fellowship Appointments are described in MIT Policies and Procedures Section 8.2.4. Applicants for graduate degree programs are evaluated for previous performance and professional promise by the department in which they wish to register. The MIT fiscal year runs from July 1 to June 30. The topic of tardiness came up, and she introduced me to the glorious concept of MIT Time. SM Level Monthly: $2,999 Annual (12 mo. Health insurance rates are based on a number of factors—most importantly, the cost of providing health care to members. These ranges reflect a 2.9% increase, which fully meets the cost-of-living adjustment recommended by the GSC’s Graduate Stipends Committee.. Our thanks to everyone involved. High Range +15%: $46,380 Low Range -10%: $35,452, SM Level ): $35,992 High Range +15%: $41,391 Low Range -10%: $32,393. 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