India, July 10 -- In inviting some of its undergraduates back to campus for the fall semester, MIT will prioritize seniors - to allow them to progress toward completion of their degrees in 2021 - as well as others who need to be on campus, or who require in-person instruction, to succeed in their coursework.

Across the board, undergraduate costs for the coming academic year will be reduced substantially: Tuition will be held at last year's level, eliminating a planned 2020-21 increase announced earlier, and undergraduates will receive a $5,000 grant to offset their annual cost to attend MIT. Undergraduates living on campus will see a 40 percent reduction in dining costs, and all undergraduates will be offered at least one semester of a p...