Second, Ali Afri, a product manager formerly associated with General Catalyst, has compiled this list of resources for students looking for money in 2016. Some are equity free or non-dilutive - others involve traditional equity-based convertible notes. Note that Trust Center does not maintain this list, nor do we endorse any of the funding sources - this link is provided for the convenience of student entrepreneurs only.
MIT students looking for MIT-specific options may find a partial list of competitions and grants at the bottom of this page. In most cases, you must be a current MIT student to apply.