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Massachusetts Institute of Technology (MIT) is offering fully funded scholarships to international students. MIT is located in Cambridge, Massachusetts and is one of the best universities in the world. This private university was founded in 1861 because of the rapid industrialization that was happening in the United States. The United States was experiencing a boom in the industry with new factories appearing in every corner of this nation. As a result, more engineers and scientists to design new factories and machines, and MIT was founded to satisfy the demand for new technicians. After its foundation, the Massachusetts Institute of Technology experienced a rapid expansion into one of the best universities in the world. It has produced many scientists and engineers who have pioneered the frontiers of Science by making new discoveries. MIT is now regarded as the most prestigious universities in the world, a university which a majority of people globally recogn.