Massachusetts students paid $50,530 to attend the four-year private not-for-profit institution this year – $1,902 more than the $48,628 charged for 2017-18.
Data shows 98 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,094 students received grants or scholarships totaling $22.9 million and 593 students took out student loans totaling more than $7.8 million.
Including all undergraduates (6,874), 4,107 students used grants or scholarships totaling $85 million, and 2,327 students took out $16.6 million in federal student loans.
The cost of attending
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~2,887 | $45,590 | $46,994 | $48,628 | $50,530 | 10.8% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at the Worcester Polytechnic Institute in 2015-16.Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 117 | 10% | $611,820 | $5,229 |
State / local grant or scholarship | 45 | 4% | $48,400 | $1,076 |
Institutional grants or scholarships | 1,094 | 97% | $22,236,443 | $20,326 |
Grant or scholarship aid total | 1,094 | 97% | $22,896,663 | $20,929 |
Federal student loans | 584 | 52% | $3,797,572 | $6,503 |
Other student loans | 196 | 17% | $4,052,394 | $20,675 |
Student loan aid | 593 | 53% | $7,849,966 | $13,238 |
Total student aid | 1,106 | 98% | - | - |