Number Received Financial Aid (All Undergraduate)
5,039
Percent Received Financial Aid(All Undergraduate)
96%
Average Aid Amount
$28,567
Number Received Financial Aid (Freshmen)
1,297
Percent Received Financial Aid (Freshmen)
96%
Financial Aid Information at WPI
For the academic year 2023-2024, a total of 5,039 students (96% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $28,567. For freshmen (Full-time, first-time degree-seeking undergraduate students), 1,297 students (96% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Worcester Polytechnic Institute is $60,765, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 5,039 students (96% of all students) have received grants or scholarships and the average received aid amount is $28,567. It includes federal, state, local, institutional, or other sources of grant aid.
The following table describes the financial aid statistics by aid types at Worcester Polytechnic Institute for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 5,039 | 96% | $28,567 |
| Pell Grants | 540 | 10% | $4,996 |
| Federal Student Loans | 2,649 | 50% | $6,422 |
Beginning Students Financial Aid
a total of 1,297 beginning students (96% of all freshmen) have received any financial aid and 1,285 students (95% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students.
The below table shows the number and amount by the source of financial aid at Worcester Polytechnic Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 1,297 | 96% | - |
| Grants or Scholarship from All Sources | 1,282 | 95% | $28,005 |
| Federal Grants | 170 | 13% | $6,371 |
| Pell Grants | 170 | 13% | $5,028 |
| Other Federal Grants | 82 | 6% | $2,783 |
| State/Local Grants | 159 | 12% | $2,939 |
| Institutional Grants | 1,282 | 95% | $26,795 |
| Student Loans | 731 | 54% | $14,606 |
| Federal Student Loans | 708 | 52% | $5,335 |
| Other Student Loans | 465 | 34% | $14,838 |
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