Our goal is to make your SCM degree financially possible.
Loans, grants, and fellowships—partial and full—are available. Most of our students receive some fellowship funding to offset their tuition costs. And all students are automatically considered. Whatever your situation, our financial aid team is here to help. Contact us, and we’ll work together to find the best options for financing your degree.
SCM Awards and Fellowships
The MIT Center for Transportation & Logistics (CTL) provides a number of partial fellowships specifically for SCM students. Except where noted, the awards listed below require no separate application forms or submissions. All applicants who indicate interest in fellowship and grant opportunities by checking the “Fellowship” box provided on the Financial Statement Form within the MIT Graduate Application will be considered for these awards. All awards are made by the admissions committee based on application materials, interviews, and references. Notification of awards are made either at the time of admission or shortly thereafter, unless otherwise specified. The SCM program requires full-time enrollment for all master's students, as such we do not provide opportunities for work during the program and do not provide financial support for positions such as Research Assistant (RA) and Teaching Assistant (TA).
MIT Student Financial Services
Financial Aid Loans
Many domestic students depend on federal student loans. International students often seek loans from private lenders. The MIT Student Financial Services Office is the best resource for information on these forms of financial assistance. MIT Student Financial Services also administers educational benefits available to veterans of the United States military.
MIT Veterans Financial Services
SCM Fellowship Opportunities
Residential (SCMr) Applicants interested in Fellowships must apply by the Round 2 deadline – January 31, 2024. Blended (SCMb) Applicants must apply by the Round 1 deadline – December 19, 2023.
Eligibility: (SCMr, SCMb) Awarded to incoming SCM students based on merit and need. All applicants are automatically considered.
Number of Awards: 5-10 per academic year per program
Amount:
SCMr: $5,000 to $25,000 tuition fellowship
SCMb: $3,000 to $15,000 tuition fellowship
Eligibility: (SCMr, SCMb) Awarded to incoming students interested in conducting research in the global aspects of logistics, transportation, or supply chain management. All applicants are automatically considered.
Sponsored by: MIT Global Supply Chain and Logistics Excellence (SCALE) Network
Number of Awards: 5-10 per academic year per program
Amount:
SCMr: $5,000 to $25,000 tuition fellowship
SCMb: $3,000 to $15,000 tuition fellowship
Eligibility: (SCMb only)
Awarded to incoming students who have taken a nontraditional approach to completing a graduate degree. This includes individuals with advance careers or unique work experience that highlights a unique perspective. All applicants are automatically considered.
Number of Awards: 1-3 per academic year
Amount: $9,000 to $15,000 tuition fellowship
Eligibility: (SCMr, SCMb) Awarded to incoming SCM students who served in the United States military and who qualify for the Yellow Ribbon Program under the Post-9/11 GI Bill®. Assuming eligibility requirements are met, the awards are processed upon completion of required paperwork to MIT’s Veteran’s Benefits office.
Number of Awards: Unlimited
Amount: $15,000 tuition fellowship
SCM Fellowship Opportunities
Residential (SCMr) Applicants interested in Fellowships must apply by the Round 2 deadline – January 31, 2024. Blended (SCMb) Applicants must apply by the Round 1 deadline – December 19, 2023.
Sponsored by: AWESOME (Achieving Women’s Excellence in Supply Chain Operations, Management and Education) and the MIT Center for Transportation & Logistics
Eligibility: (SCMr, SCMb)
Awarded to an incoming student. All eligible applicants are automatically considered.
Number of Awards: 1 per program (SCMr, SCMb), per academic year
Amount: 100% tuition fellowship
Eligibility: Top seniors from a select group of universities who are graduating with undergraduate degrees in supply chain or industrial engineering. Learn more. Additional application is required.
Number of Awards: Varies
Amount: $10,000-$25,000 tuition fellowship
Sponsored by: UPS and the MIT Center for Transportation & Logistics
Eligibility: (SCMr, SCMb, PhD students)
PhD or Master’s level students conducting research in the transportation, logistics, or supply chain management areas. All eligible applicants are automatically considered.
Number of Awards: 1 per academic year
Amount: Tuition, student health insurance, and a monthly stipend
MIT Competitive Fellowship Nominations
In addition to the SCM awards and fellowships, all SCM students are eligible to be considered for highly competitive awards and endowed fellowships available to the larger MIT community. Students are automatically considered for these awards. Nomination forms are provided to admitted students in early admission rounds. In recent years, SCM students have been recipients of various awards including:
Learn more about MIT grant and fellowship opportunities from the Office of Graduate Education or the School of Engineering. Prospective students must apply in early admission rounds to be considered for these awards.
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