WHAT IS THE VI-A FELLOWSHIP?
VI-A companies offer a VI-A Fellowship or Research Assistantship to VI-A graduate students in lieu of salary. The VI-A Fellowship gives VI-A graduate students essentially the same benefits that full-time on-campus research assistants receive: one-term full tuition, medical insurance and a stipend equal to that of an on-campus research assistantship. For most VI-A graduate students, the VI-A Fellowship has more value than receiving salary during an academic term. Graduate VI-A students while on VI-A assignments who take regular MIT courses or who take MIT web-based or MIT distance courses and who register for MIT subjects other than their internships or thesis are also charged the special student per unit rate ($605/unit during the 2010-2011 academic year) up to the maximum term tuition charge of $19,470. That is, 35% tuition plus the $605/unit charge cannot exceed the full tuition ($19,470) for the term. A 12 unit course would then cost $7,260. The VI-A Fellowship will not pay for any
