Brandeis University in Waltham said on Tuesday that starting next fall it would waive tuition for students with families making less than $75,000 a year. Families earning less than $200,000 a year will get grants and scholarships to cover half of tuition, which is over $67,000 a year.

MIT, one of the top universities in the world, is offering free tuition to undergraduate students who are accepted and meet family income requirements.

MIT plans to waive tuition for students with annual family income below $200K. Brandeis will do the same for families earning less than $75K.

The Massachusetts Institute of Technology said Wednesday that starting next fall, undergraduate students whose families earn less than $200,000 annually can expect to attend the school tuition free.

Families who make more than $200,000 a year can still receive need-based financial aid, MIT says. Tuition for the 2024-2025 academic year at MIT is nearly $62,000. Housing, dining

MIT will offer tuition-free education starting in 2025 to undergraduates from families earning below $200,000, further enhancing affordability and access for talented students across the US.

MIT is one of several major local universities expanding the limits for financial aid covering the full cost of tuition for eligible students.

With 80% of American households meeting this threshold, the program aims to make higher education more accessible.

MIT is one of only nine colleges in the US that does not consider applicants’ ability to pay as part of its admissions process and that meets the full demonstrated financial need ⁠for all undergraduates.