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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

Official telephone: (508) 831-5000
Fax number: (508) 831-5483
Website: www.wpi.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2014 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Monica Blondin,
Director of Financial Aid
Contacting the office: 508 831-5469
508 831-5039 (fax)
finaid@wpi.edu
FAFSA number: 002233
CSS/PROFILE number: 3969

EXPENSES
Undergraduate tuition: $46,364; $46,364 out-of-state
Additional required fees: $630
Book fees: $1,000
Miscellaneous expenses: $1,200
Combined room and board expenses: $13,745

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAFebruary 1noN/A
CSS/Financial Aid PROFILEFebruary 1noN/A
Noncustodial (Divorced/Separated) Parent's StatementFebruary 1noN/A
Parent(s)' and copy of student's prior year Federal Tax RetuN/AnoN/A

Date award notification begins: April 1 for Regular Decision
Applied for financial aid:
83% of first-year students
75% of full-time undergraduates
15% of part-time undergraduates
Determined to have financial need:
81% of first-year students
88% of full-time undergraduates
86% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
99% of full-time undergraduates
75% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
98% of full-time undergraduates
11% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
53% of first-year students
54% of full-time undergraduates
11% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
32% of first-year students
34% of full-time undergraduates
11% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
56% of first-year students
46% of full-time undergraduates
33% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
79% for first-year students
77% for full-time undergraduates
26% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$35,814 for first-year students
$35,119 for full-time undergraduates
$11,434 for part-time undergraduates
Average need-based gift award:
$23,869 for first-year students
$22,103 for full-time undergraduates
$3,660 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,130 for first-year students
$2,847 for full-time undergraduates
$2,500 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,838 for first-year students
$2,592 for full-time undergraduates
$2,500 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
29% of first-year students
32% of full-time undergraduates
1% of part-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):
$13,207 for first-year students
$15,763 for full-time undergraduates
$10,000 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 19%

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • State Loans
  • College/University Loans
Parent loans packaged to meet need: no
First-year loan package range: $5,500 - $8,500
Undergraduate loan package range: $5,500 - $10,500
Types of payment plans:
  • Tuition Management Systems
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
  • ROTC scholarships
First-year scholarship/grant award range: $1 (full tuition)
Undergraduate scholarship/grant award range: $1 (full tuition)

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.