Every student accepted to the LGO program receives a generous financial aid package. Combined with an outstanding career placement record, the LGO program offers an excellent return on investment.
LGO’s mission is to attract the most talented candidates for the next generation of operations and manufacturing professionals. The program is dedicated to finding the best applicants and awarding LGO financial aid packages that make their studies at MIT affordable and accessible.
Tuition before any financial aid for the LGO Class of 2017 is about $128,000 for the full two-year program.
Additionally, we’ve estimated the following for each calendar year studies:
|Books and supplies||$2,933|
|Room and board||$26,325|
|Personal costs and medical insurance||$7,440|
With the generous support of our partner companies, the LGO program awards over $2.75 million in fellowships and scholarships to each incoming class. A student’s award varies based on previous academic and professional performance, dedication to the LGO mission, and career interests in engineering, high-tech management, operations, and manufacturing.
Every non-sponsored student accepted to the LGO program is awarded an LGO fellowship. This LGO financial aid award ranges from $40,000 to $70,000. The fellowship is awarded throughout the two-year program, and is applied toward the program’s tuition costs or as a stipend.
LGO communicates the total financial aid package from LGO together with the acceptance letter.
In addition to the LGO fellowship, a select number of applicants receive additional financial aid in the form of LGO scholarships. The LGO program has a variety of funds available from generous donors. Students find out if they are awarded any LGO scholarship funds when they receive their acceptance letter.
Among this fund are:
The MIT community, in cooperation with the Office of the Dean of Graduate Education (ODGE), offers several other funding opportunities. These include:
A number of LGO students have received generous scholarships from outside sources. If students receive a scholarship that covers full tuition with a stipend, the LGO program usually asks them to forego the LGO financial aid award so the funds can benefit other students with need.
A limited list of external funding can be found at this link for U.S. citizens and permanent residents and at this link for international students. Applicants are also encouraged to research external scholarships that fit their specific profile.
The MIT LGO program accepts a number of U.S. veterans every year. Veterans can get advice from current students, the Sloan Student Funding office, and the MIT Student Financial Services office. For information about veteran benefits, please visit this page.
MIT also participates in the Yellow Ribbon Program. Qualified candidates are welcome to ask about the opportunity during the application process, and can begin the Yellow Ribbon application once accepted to the LGO program.
Many students will need to apply for further financing in the form of loans in order to pay for the LGO program. MIT offers financing options for both domestic and international students through Student Financial Services.
Once admitted to LGO, students can begin financial aid applications at the link above. Further details about LGO tuition costs and how to budget your expenses over the two years are provided when students receive acceptance to the program.
The LGO experience – in the words of students, alumni, and staff.
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