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National Application Center :: campus tours :: Worcester Polytechnic Institute costs & financial aid

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Worcester Polytechnic Institute

Worcester Polytechnic Institute
100 Institute Road
Worcester, MA 01609-2280

Official telephone: (508) 831-5000
Fax number: (508) 831-5875
Website: https://www.wpi.edu/
Screen last updated on: December 2024

The financial aid information below is valid for the 2024 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://www.wpi.edu/
admissions/tuition-aid/
financial-need/
net-price-calculator

EXPENSES
Undergraduate tuition: $59,700; $59,700 out-of-state
Book fees: $1,200
Miscellaneous expenses: $1,500
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $17,906

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1noN/A
CSS/Financial Aid PROFILEN/AnoN/A
Noncustodial (Divorced/Separated) Parent's StatementN/AnoN/A
Noncustodial ProfileN/AnoN/A

Applied for financial aid:
79% of first-year students
69% of full-time undergraduates
Determined to have financial need:
67% of first-year students
77% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
73% of first-year students
75% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
30% of first-year students
22% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
30% of first-year students
25% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
81% for first-year students
74% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$37,275 for first-year students
$35,570 for full-time undergraduates
Average need-based gift award:
$33,058 for first-year students
$30,905 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$5,873 for first-year students
$6,392 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$4,691 for first-year students
$5,686 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
42% of first-year students
46% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$19,790 for first-year students
$21,018 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.