Worcester Polytechnic Institute Tuition and Financial Aid

Worcester Polytechnic Institute Tuition And Expenses

Cost of Attendance $64,846
Tuition and Fees
$48,628
Room and Board
$14,218
Books and Supplies
$1,000
Other Expenses
$1,000
Payment Plans Credit card, installment plan, prepayment discount, external finance company

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Worcester Polytechnic Institute Applying For Financial Aid

Financial Aid Office
E-mail admissions@wpi.edu
Web Site Financial Aid Web Site
Net Price Calculator URL Net Price Calculator URL
Application Process
Application Deadline Priority deadline February 1
Award Notification On or about April 1
Methodology for Awarding Institutional Aid Federal and Institutional Methodologies
Forms Required Cost to File
FAFSA Code is 002233 Free
CSS/Financial Aid Profile $25 for first college, $16 each additional

Worcester Polytechnic Institute Profile Of 2015-16 Financial Aid

Freshmen
Financial Aid Applicants 910 (83.3%) of freshmen
Found to Have Financial Need 746 (82.0%) of applicants
Received Financial Aid 746 (100.0%) of applicants with financial need
Need Fully Met 396 (53.1%) of aid recipients
Average Percent of Need Met 80%
Average Award $36,113
Need-Based Gift
Received by 744 (99.7%) of aid recipients, average amount $23,865
Need-Based Self-Help
Received by 414 (55.5%) of aid recipients, average amount $3,132
Merit-Based Gift
Received by 264 (35.4%) of aid recipients
Merit-Based Gift 327 (29.9%) of freshmen had no financial need and received merit aid, average amount $13,832
All Undergraduates
Financial Aid Applicants 3,015 (73.8%) of undergraduates
Found to Have Financial Need 2,607 (86.5%) of applicants
Received Financial Aid 2,588 (99.3%) of applicants with financial need
Need Fully Met 1,153 (44.6%) of aid recipients
Average Percent of Need Met 83%
Average Award $35,932
Need-Based Gift
Received by 2,518 (97.3%) of aid recipients, average amount $22,934
Need-Based Self-Help
Received by 1,381 (53.4%) of aid recipients, average amount $2,832
Merit-Based Gift
Received by 846 (32.7%) of aid recipients
Merit-Based Gift 1,400 (34.3%) of undergraduates had no financial need and received merit aid, average amount $16,002
Borrowing
2016 Graduates Who Took Out Loans Not reported
Average Indebtedness of 2016 Graduates Not reported
Parents Borrowing PLUS Loans
Parents of Students Receiving Aid
12.0%
Parents of Students Not Receiving Aid
4.0%

Worcester Polytechnic Institute Financial Aid Programs

Loans
Federal Loans Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans, Federal Perkins loans
State Loans Available
Other Loans College/university loans
Scholarships and Grants
Need-Based Available Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available Academic scholarships, Minority scholarships, ROTC scholarships, Leadership scholarships
Non-Need Awards
Academic Interest/Achievement Award Areas Not reported
Number of Awards
4,064
Top Areas (By Money Awarded)
Creative Arts/Performance Award Areas Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Achievements/Activities Award Areas Leadership
Number of Awards
Not reported
Top Areas (By Money Awarded)
Special Characteristics Award Areas Children of Workers in Trades
Number of Awards
30
Top Areas (By Money Awarded)
Employment
Work-Study Programs Federal work study available
Average Earnings from On-Campus Employment $973