The most common type of aid is the MIT Scholarship. 60% of our undergraduates receive MIT Scholarships. Updated Fall 2020 requirements. We expect this to be a one-year suspension of our usual requirements, but will continue to monitor the public health situation closely. We will not require either the SAT or the ACT from first-year or transfer applicants applying this cycle. High school juniors, it may be time to kiss your prep books goodbye. Standardized Test Requirements . Our scholarships are awarded based solely on financial need and come from our endowment, gifts from MIT alumni and friends, and MIT general funds. If you receive one, it is a grant that does not need to be repaid. The SAT’s spring tests have been canceled. This includes a new SAT administration on September 26, and the previously scheduled tests on August 29, October 3, November 7 (domestic SAT, international Subject Tests), and December 5. The pandemic, though, may be a game changer for test score requirements in college admissions. The … SAT code: 3514 ACT code: 1858. MIT will not require either the SAT or the ACT from first-year applicants applying this cycle. An increasing number of universities are dropping the SAT and ACT requirements in response to the coronavirus pandemic. MIT expects this to be a one-year suspension of their usual requirements, but will continue to monitor the public health situation closely. MIT superscores the SAT and ACT, meaning the admissions committee will only consider your highest test scores on each section of each test, regardless of whether those scores occurred on the same test.