Scholarships & Costs

Choosing a college is an important decision and you have many excellent options from which to choose. That’s why it’s important to see how a WPI education will return a lifetime of dividends. Our world-class faculty, close student-faculty interaction, access to cutting-edge facilities and technology, and unique collaborative project experience add up to a once-in-a-lifetime opportunity to develop your talents and launch your career.

The economic outlook may be questionable, but your future is not. Over the next decade, the job market for individuals with expertise in engineering and the sciences will continue to grow, according to the U.S. Bureau of Labor projections.

Not only is WPI a good fit for you, it’s a smart investment in your future. But don’t just take our word for it. Here’s what the experts are saying:

  • Payscale.com ranks WPI 4th in the nation for average starting salaries among graduates
  • WPI ranks 15th in the Wall Street Journal blog “Top 20: Colleges That Offer Best Return on Investment.”
  • The Boston Globe recently recognized WPI for having the 3rd highest average starting salaries in New England and the 12th highest of all universities in the nation.
  • Members of the Class of 2012 have received job offers ranging from $44,000 to as much as $92,000 from companies such as Bristol-Myers Squibb, National Grid, MIT/Lincoln Labs, Raytheon, EMC Corporation, Boeing, ExxonMobil, and Wyeth Pharmaceutical.
  • Starting salaries for the Class of 2012 are $7,000 – $20,000 higher than the average, according to the National Colleges and Employers Association (NACE). The average starting salary for WPI graduates is $61,000.
  • NACE reports that the “Top Paid Bachelor’s Degrees” include chemical engineering, mechanical engineering, computer science, electrical engineering, and civil engineering.
  • The Princeton Review names WPI “A Best-in-the-Northeast College” and ranks us 17th in the nation for Career Services.

Scholarships

Academic Scholarships

WPI offers academic scholarships to freshman applicants based upon academic performance, standardized test scores, leadership, extracurricular involvement, and community service. All admitted applicants are considered and there is no separate application required. These scholarships vary in amounts, but typically range between $12,500 and $25,000, and are renewable for four years. Valedictorians, salutatorians, and IB diploma graduates with a diploma score of 40 of greater admitted to WPI are guaranteed a minimum scholarship of $20,000. National Merit, National Achievement, and National Hispanic Recognition Finalists are guaranteed a minimum of $20,000. View a partial list of scholarships.

Financial Aid

WPI offers both need and merit-based aid to incoming students.  Need-based aid may consist of federal, state, and/or institutional (WPI) funds, while merit-based scholarships are offered directly by WPI. Learn more...

2013–2014 Tuition & Fees
Tuition and Fees $42,978
Room & Board $13,082*
Estimated Books & Personal Expenses $2,000
Total $58,060

*Room and board costs may vary depending on the dining and residence choices you make.

 
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