Cost of Attendance

The cost of attendance (COA)—sometimes referred to as the "student budget"—is an estimate of what it costs a typical student to attend a college or university for one academic year. Don't be startled by the COA you see on your financial aid offer from WPI. Your cost of attendance doesn't only include tuition; it also takes your basic living expenses into account.

Every student who applies for aid is assigned a cost of attendance.

This COA serves two purposes:

1. to give you an estimate of the cost to attend WPI for one year, and
2. to set a limit on the amount of financial aid you can receive during the academic year (which federal regulations require us to do).

This means your actual expenses may be different from what's listed on your aid offer, and the total amount of your aid—including scholarships, grants, loans, and work-study—can't exceed your total cost of attendance.

WPI's priority is to make sure you realize the full benefit of your investment in your education here. We’re proud to have our value recognized in many rankings, including as a Top 10 Transformative College by Money Magazine and Top 50 Colleges that Create Futures by The Princeton Review.

Our student-focused approach is shown through our innovative project-based curriculum that gives you a top-tier education in an environment prioritizing collaboration and inclusion. It all results in your success in an interdisciplinary, globally connected world with skills that employers and graduate schools love.

** The budget estimates for the 2023-2024 academic year are subject to change due to any unforeseen changes in costs associated with the COVID-19 pandemic.

• Books and Supplies and Personal Expenses are budgeted Items that are not billed directly by the school but are estimates of what your expenses may be. There may be additional course or program specific fees not listed here.
• All students are required to have health insurance. If you do not have health insurance WPI will bill you for a plan. The cost of the health insurance plan is $2,194, for the 2022-2023 academic year.
• Please be aware that students who commute and live at home, who do not have costs for room and board, may be subject to an adjustment in their need-based financial aid.

** The budget estimates for the 2022-2023 academic year are subject to change due to any unforeseen changes in costs associated with the COVID-19 pandemic.

• Books and Supplies and Personal Expenses are budgeted Items that are not billed directly by the school but are estimates of what your expenses may be. There may be additional course or program specific fees not listed here.
• All students are required to have health insurance. If you do not have health insurance WPI will bill you for a plan. The cost of the health insurance plan is $2,194, for the 2022-2023 academic year.
• Please be aware that students who commute and live at home, who do not have costs for room and board, may be subject to an adjustment in their need-based financial aid.

*This estimated tuition is using general graduate tuition rates at $1,610 per credit and for a student enrolled in 18 credit hours. For specific tuition pricing, please visit the Bursar’s website.

Current student rates, payment policies, and dates can be found on our WPI Bursar’s website.

  *reflects 50% tuition discount for E term 2023.  Costs assume travel to project centers.  Should travel not be allowed due to COVID the costs would be more reflective of an on campus budget.

E-Term Tuition and Financial Aid

Funding for E-Term is limited to Federal Direct Loans for students, the Federal Direct PLUS Loan for parents, and/or private loans, or a Global Scholarship if eligible.  WPI does not offer need- or merit-based scholarships or WPI-based loans for E-term. You must not have borrowed the full amount of the Subsidized / Unsubsidized Federal Direct loans during the A22 – D23 term academic period.  The Subsidized / Unsubsidized Federal loans have annual limits that cannot be exceeded.  If a student borrowed the full amount of their eligibility during the summer through spring semesters they will not be eligible to borrow additional federal funding except the PLUS loan, for the summer (E23 Term) academic period.

To apply for any type of loan for E-Term, please complete and submit the E-Term (summer) Application for Student Loans. If you are considering the Federal Direct Loan or the Federal PLUS loan, you also need to complete your FAFSA form.

Once we've received these documents your application will be reviewed, and if you are borrowing through the Federal Direct Loan program you will be notified of your loan eligibility by an email to your WPI email address. Federal PLUS loans and private loans will be certified and posted to your WPI account.