Need Based Scholarships
Helping Remove Barriers to a College Education
Along with financial aid that is awarded on the basis of high school academic performance, assistance predicated on a student’s financial need is also available.
A financial aid package based on need can consist of grant or scholarship money, loans, or Federal Work-Study funds, or any combination.
The formula determining need involves comparing cost of attendance (including tuition, room and board, fees, personal expenses and books) to the expected family contribution (EFC). If the family contribution is less than the cost of attendance, the applicant may be eligible for a financial aid package that attempts to meet the financial need of the family.
Total assistance received from all sources (including non-WPI funds and student and/or alternative loans) cannot exceed WPI's current cost of attendance.