Massachusetts Institute of Technology

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Massachusetts Institute of Technology at night.

The Massachusetts Institute of Technology (MIT) is a private university in Cambridge, Massachusetts. MIT has five schools and one college, and it has 32 academic departments,[1] and gives much importance to scientific and technological research. MIT students, graduates, and faculty members are famous for being given many awards, including 76 Nobel Prizes.[2][3] In 2013 QS ranked MIT as the best university in the world.[4] It started in 1861. It is one of the most selective universities. It accepted 8.9% of people who applied for class of 2016. Nine months' tuition and fees for 2012–2013 is $42,050. MIT gives financial aid so that anyone who is good enough can pay. In 2011-2012 64% of undergraduates had some kind of financial aid.[5] The student:faculty ratio is 8:1.[6] 45% of undergraduates are women. The most popular major is engineering.

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