Private 4 Year

WPI Tuition & Cost

Worcester, Massachusetts

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How much does it cost to attend?

Sticker Price
Costs for Worcester Polytechnic Institute
Fee Cost
Books and Supplies$1,200
Other Fees$1,091
Room and Board $16,140
Other Expenses Budget$1,200

Annual Prices

The annual list price to attend Worcester Polytechnic Institute on a full time basis for 2021/2022 is $74,271 for all students regardless of their residency. This fee is comprised of $54,640 for tuition, $16,140 room and board, $1,200 for books and supplies and $1,091 for other fees. Out of state tuition for Worcester Polytechnic Institute is $54,640, the same as Massachusetts residents.

All price data is sourced from the 2021/2022 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Worcester Polytechnic Institute when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Worcester Polytechnic Institute
Family Income Net Price Paid
$0 to $30,000$31,779
$30,001 to $48,000$33,976
$48,001 to $75,000$33,999
$75,001 to $110,000$40,094

The average reported annual net price for Worcester Polytechnic Institute for students receiving grants or scholarship aid was $45,834 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

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Financial Aid

100% of full-time undergrad Worcester Polytechnic Institute received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $23,536 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 57% of students received Federal Student Loans averaging $5,318 and 40% of undergrads took out private student loans averaging $13,723.

Finanical Aid Worcester Polytechnic Institute
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $23,536 100%
Institutional Grants and Scholarships $22,887 99%
Pell Grants $4,628 9%
Other Federal Grants $1,977 7%
State and Local Grants $1,381 5%
Federal Student Loans $5,318 57%
Other Student Loans $13,723 40%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Worcester Polytechnic Institute, we've modeled a ten year student loan with an original principal value of $137,352. The loan balance of $137,352 is a four year multiple of the $34,338 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $1,310 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $137,352
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $1,310.49
Total Interest Paid $19,906.75
Sum of All Loan Payments $157,258.75

Projected 4 Year Degree Price

4 Year Sticker Price
Year All Residents
1 $74,271
2 $76,922
3 $79,669
4 $82,513

Based on published tuition prices, we estimate the current cost of a 4 year bachelor's degree and living expenses at Worcester Polytechnic Institute to be $297,084 - assuming graduation in normal time. The estimation assumes a 3.6% annual increase over the next 4 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Worcester Polytechnic Institute
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $1,520 $4,560 $6,080

Estimated cost for a class at Worcester Polytechnic Institute based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Worcester Polytechnic Institute versus other colleges.

Tuition Payment Plans Available

Worcester Polytechnic Institute Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan Yes
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No
Costs for Similar Colleges 

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=168421 IPEDS survey data for Worcester Polytechnic Institute.