Massachusetts Institute of Technology, based in Cambridge, MA offers a fully funded Master of Science in Chemical Engineering Practice. M.S.CEP requires two semesters of graduate-level courses at MIT and one semester at the field stations of the Practice School, under the direction of resident MIT staff. Credit for the Practice School semester is accepted in lieu of a Master’s thesis. Funding in the Department of Chemical Engineering is available in the form of fellowships, research assistantships, or teaching assistantships. Students receive full tuition, a stipend, and individual health coverage. In the academic year 2022-2023, stipends for assistantships are $3,462 per month for MSCEP students.