MIT News breed · Science

MIT Reports 2026 Financials and Endowment Performance

MIT has released its financial figures for the fiscal year ending June 30, 2026, detailing investment returns and the impact of its endowment on student aid and research.

MIT's endowment funds reached $29.2 billion, generating a 10.3 percent investment return for fiscal year 2026. Over the past decade, the endowment has achieved an annualized return of 11.7 percent.

The endowment, built over a century through gifts, is legally required to be maintained as a permanent fund, with its purchasing power preserved and spending aligned with donor intentions. Most funds are restricted for specific uses.

Endowment income significantly supports financial aid, research, and education, covering approximately half of undergraduate tuition and enabling MIT's need-blind admissions policy.

In fiscal year 2026, enhanced financial aid means tuition is fully covered by scholarships for students from families earning below $200,000 (with typical assets). For families below $100,000, educational costs are entirely covered. Eighty-eight percent of the Class of 2026 graduated debt-free.

The average need-based undergraduate scholarship was $66,155 in 2025-26. Fifty-eight percent of undergraduates received need-based aid, with 44 percent having their total tuition costs covered by scholarships.

Endowment funding also enables MIT to significantly match or exceed federal and other sponsor funding for campus-based research, expanding its impact.

MITIMCo, a unit of MIT, manages the Institute's endowment, retirement, and operating funds. The full Report of the Treasurer for fiscal year 2026 is now publicly available.

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