Yes. Currently, we can support five entering students each year with tuition plus a 12-month stipend. We can also support graduating fifth-years with a one-year post-doc if they are unable to secure a position elsewhere. In special cases, we are able to support sixth year students with tuition plus a 9-month stipend in place of a post-doc.
Although MIT regulations prohibit us from guaranteeing funding for more than any one year, we fully expect to be able to support students in good standing throughout the entire five-year period of the doctoral program. However, the Department has limited funds for financial aid to graduate students, so we encourage you to apply for graduate fellowships from government agencies and foundations.