Funding for your summer & IAP experiences

Did you find an amazing experience or a project but you are unsure of how to cover the cost? Review these funding sources available through MIT and apply if it works for you!

Career Exploration Fellowship

Application due: Applications will open in early January
Award amount: Funding amounts vary
Who is eligible: MIT undergraduates (first years, sophomores, juniors and seniors returning to MIT for a graduate degree)
Description:  Funding to complete domestic underfunded experiences within the following industry areas: non-profits, creative or design fields, journalism, sustainability, environmental services, or other research opportunities not affiliated with MIT.  Fellowship awards are intended to help offset expenses incurred by completing the experience (ex: living or transportation expenses). 

Eloranta Summer Undergraduate Research Fellowships

Application due: April 4, 2025
Award amount: $7,000
Who is eligible: MIT undergraduates
Description: The Peter J. Eloranta Summer Undergraduate Research Fellowships are awarded each spring to MIT undergraduates who have submitted proposals to conduct novel research or further develop innovative ideas, devices, prototypes, etc.

BCAP Fellowship

Application due: March 18, 2025
Award amount: Funding amounts vary
Who is eligible: MIT undergraduates and graduate students
Description: The BCAP (BAMIT Community Advancement Program) Fund is sponsored by the Black Alumni of MIT (BAMIT) and offers financial support for community service projects that uplift under-served communities of color in ways that address disparities in areas such as architecture, cultural awareness, education, environment, health, STE(A)M, and urban planning

Kelly-Douglas Fund – Traveling Fellowships

Application due: November 18, 2024 (IAP) and April 2025 (Summer)
Award amount: up to $1,500
When: IAP & Summer 
Who is eligible: MIT sophomores, juniors, and seniors 
Description: Undergraduates wishing to travel during IAP or summer to deepen their understanding of a field in the humanities, arts, and social sciences, or to contribute to a humanitarian project are eligible to apply.

Jeffrey L. Pressman Awards

Applications due: February 14, 2025
Award amount: $7,000
When: Summer
Who is eligible: MIT Undergraduates
Description: Stipends in support of special summer projects or internships in issues related to American politics. The project should focus on a legal, political, institutional, or policy issue. All MIT undergraduates returning to campus as undergraduates in the fall semester are eligible to apply.

MIT Legatum Fellowships 

Application due: Applications for 2024-2025 are closed
Award amount: up to $15,000 that can be used to support school tuition and stipend
When: On-going
Who is eligible: MIT undergraduates and graduate students
Description: Competitive program designed to help aspiring entrepreneurs dedicated to building and scaling ventures in the developing world and provide them with tuition, travel, and prototyping support, as well as access to mentors, special seminars, and other cross-campus resources. 

PKG Center Fellowships

Application due: March 19, 2025, 9:00am (for Summer 2025)
Award amount: $6,000 – $7,500 (Summer) & $2,500 (IAP)
When: IAP & Summer
Who is eligible: MIT undergraduate and graduate students
Description: As a PKG Fellow, you can develop and implement a social impact project that you design in collaboration with a community partner.

Federal Work-Study Funding

Application timeline: Rolling; Two weeks before desired start date for positions listed as federal work-study eligible on Handshake. Eight weeks before desired start date for student-initiated positions.
Award amount: Hourly rate through the MIT payroll
When: Fall, Spring, IAP and Summer
Who is eligible: MIT undergraduate and graduate students who are eligible for federal work-study funding as part of their financial aid package. Not sure if you qualify? Reach out to federalworkstudy@mit.edu
Description: Build your resume and explore a career path or employment field while helping a nonprofit or government agency deal with complex social or environmental issues.

MIT CIS Summer Research Grant

Application due: March 2025
Award amount: up to $4,000 to cover travel costs related to field work
When: Fall, Spring, IAP, and Summer
Who is eligible: PhD candidates
Description: Funding for summer research projects to PhD candidates whose work focuses on international studies. Research on a broad range of issues will be considered; students from all MIT departments are eligible to apply.

If you need help with your application, CAPD is happy to help! Simply schedule an appointment.