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Tuition & Financial Aid

As a returning WPI student, you must reapply for need-based financial aid every year. To reapply, your must renew your Federal Student Aid (FAFSA) .

  • Your FAFSA is due by April 15, 2020

Some returning students also need to submit the CSS Profile by April 15.

If you are seeking financial assistance over the summer (E-Term), a few different rules apply.

 

Coronavirus Aid, Relief and Economic Security Act

The Coronavirus Aid, Relief and Economic Security (CARES) Act is federal legislation that allocates funds to support individuals and organizations affected by the pandemic and economic downturn. WPI has received funding from the CARES Act that includes money that must be granted directly from WPI to students in the form of emergency financial aid grants. See FAQ's for details.

This funding is for eligible undergraduate and graduate students, including graduating seniors, who (1) are enrolled for classes for the Spring 2020 Term, (2) are eligible for Title IV funding, and 3) have filed a 2019-2020 Free Application for Federal Student Aid (FAFSA) before the last day of D Term, May 13, 2020.

All undergraduate and graduate students who meet the eligibility criteria above will receive a one-time grant of $300.

Students may apply through an online form (available Friday, May 15) for an additional CARES Act grant. 

This form will be open from Friday, May 15th through Friday, May 22nd at midnight.

The application will be reviewed by the Student Affairs and Financial Aid Offices.  The decision of whether the student will receive an additional CARES Act grant will be made on a case-by-case basis and determined by demonstrated need and a review of their Federal Expected Family Contribution (EFC). The number of students who will be granted additional money will be subject to the availability of funds. Any additional CARES Act grant will not exceed $500.

The WPI Emergency Assistance Fund

WPI has demonstrated multiple times that it is a community that cares. The Emergency Assistance Fund has been established to assist our WPI community members who encounter an unforeseen financial emergency or catastrophic event due to the coronavirus pandemic.
 
The number of people who can be assisted by the WPI Emergency Assistance Fund is subject to the availability of funds. These funds are not intended to be used for routine expenses, or as a consistent supplement to an individual’s funding sources; individual grants are generally capped at $1,000 each. Requests must be urgent in nature.
 
Awards will be considered one-time distributions with no expectation of repayment. Amounts will be determined on a case by case basis. Representatives from the Dean of Students, Talent & Inclusion, University Advancement and/or our Student Aid and Financial Literacy offices will be coordinating these efforts.

Individuals must complete the Emergency Assistance Fund Request form in order to be considered for funding.

Individuals may also be referred to other sources of assistance that may be more appropriate to their circumstances.

Do I need to submit the CSS Profile?

The CSS Profile Application is not required for most returning undergraduate students unless:

  • The student’s parents have separated or divorced since the previous year's financial aid application was filed.
  • The roles of the student’s custodial and non-custodial parents have changed from the previous year.
  • The student did not apply for need-based WPI funded financial aid last year or was recently re-admitted to WPI

If you need to submit the CSS Profile because of any of the above reasons, it is due by April 15.

How do I know if my financial aid application is complete?

To find out if all required documents are complete, visit the WPI Application Status Check system. Additional information regarding renewal applications and financial aid retention policies is available in the WPI Undergraduate Catalog.

Financial Literacy
Tuition & Financial Aid for Online Programs
Financing Graduate School
Tuition Benefits for WPI Employees