The $200,000 threshold for free tuition was raised from the current level of $140,000, while the $100,000 threshold is an increase from this year’s cap of $75,000, it said. the university. MIT said it set aside $167.3 million in need-based financial aid for undergraduates this year, an increase of about 70 percent from a decade ago.

MIT said it was one of nine U.S. colleges that did not consider applicants’ ability to pay as part of its admissions process and that it met all of the applicants’ demonstrated financial need. all undergraduate students.

“We believe MIT should be the destination of choice for the nation’s most talented students interested in an education focused on science and technology, and accessible to top students, regardless of their financial situation,” said Stu Schmill, dean. of admissions and student at MIT. financial services.

Among undergraduates who received financial aid last year, they paid a median cost of less than $13,000, the university said. This allowed 87 percent of graduates to graduate without student loans.

On Tuesday, Brandeis University said will cover full tuition costs for students from families with annual incomes below $75,000starting in fall 2025. Families earning less than $200,000 a year will receive grants and scholarships that cut tuition in half, the university said.

The total cost of participation this year is more than $87,624, according to the the university website.

The College of Holy Cross And four University of Massachusetts campuses announced last month that they will cover the full cost of tuition for students from income-eligible families.

Material from previous Globe articles was used in this report.

Travis Andersen can be contacted at [email protected].