Worcester Polytechnic Institute (WPI) Tuition 2024| The College Monk

$49,860

Tuition

$67,504

Cost of Attendance

$43,815

Net Price

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Worcester Polytechnic Institute (WPI) Tuition and Fees

Worcester Polytechnic Institute is known for offering a wide range of undergraduate, postgraduate, and doctoral programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at WPI is quite high. The 2020 - 2021 official data shows that the estimated average cost for students pursuing undergraduate courses at Worcester Polytechnic Institute comes to around $52,320, which includes tuition and other expenses as well. The housing costs $15,302, books and supplies cost $1,000, while the other expenses add up to $1,200.

Total Cost of Attendance

Student type	In-state	Out-State
Tuition & Fees	$50,530	$50,530
Book & Supplies	$1,000	$1,000
Room & Board cost	$14,774	$14,774
Other Expenses	$1,200	$1,200
Total Cost of Attendance	$67,504	$67,504

Students should understand that the tuition fees charged for their degree programs is not the only expense that is involved in the cost of attending the university. They will be required to plan for various other expenses associated with the cost of attendance, including lodging, dining, textbooks, supplies, and the cost of living, among other things. For students attending the university, the total tuition and fees for one year add up to about $52,320. Apart from that, they should also pay an average amount of $1,000 toward books and supplies, $15,038 for room and boarding charges, and $1,200 toward other expenses in a year. So, the overall cost of attending WPI comes out to be about $69,558 per year, according to the most recent information available.

Average Net Price by Family Income

Net Price

$43,815

Family Income

Avg. Net Price

$0 to $30,000

$34,382

$30,001 to $48,000

$31,234

$48,001 to $75,000

$33,398

$75,001 to $110,000

$41,651

$110,000+

$44,794

As for the net cost for attending WPI, the actual amount depends on the annual family income of the candidate. The net price is nothing but the actual amount that a student is required to pay in a year. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At WPI, the average net price is estimated to be $42,393. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $30,503. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $29,911. The amount stands at $36,391 for an annual income between $48,001 and $75,000, $38,190 for the $75,001-$110,000 income bracket, and $42,591 for a family income above $110,000.

Student Loans

Example Loans

$137,352

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$1,425

Total interest paid

$33,698

Sum of Loan Payments

$171,050

To have a realistic understanding of how much it will cost to study at Worcester Polytechnic Institute (WPI) here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $137,352 for example. This will result in a $17,105 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $171,050 which is $33,698 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student type	In-state	Out-State
Tuition & Fees	$50,530	$50,530
Room & Board Cost	$14,774	$14,774
Total Tuition & Fees	$65,304	$65,304

For students pursuing undergraduate courses at Worcester Polytechnic Institute, the tuition and fees are estimated to be $52,320 per year. They would also be required to pay around $15,038 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $69,558 per year, based on the available data.

Graduate Tuition and Fees

	In-state	Out-State
Tuition	$27,234	$27,234
Fees	$60	$60

As for the students looking to enroll in postgraduate programs at WPI, the tuition and fees they are charged add up to $28,248 per year. This includes $28,188 for the graduate tuition as well as an amount of $60 for the graduation fees.

Cost Per Credit Hour

Degree	Year	Cost per Credit hour
Graduate	2018 - 2019	$1,513
Undergraduate	2018 - 2019	$1,385

The graduate and undergraduate courses have a varying cost per credit hour – which is the total program cost divided by the total number of credit hours of the program – that the student has to pay to attend WPI. The cost per credit hour for graduate degrees sits at $470, while that of undergraduate degrees is $402, as per the 2019-2020 fee structure. At present, Worcester Polytechnic Institute also offers various online programs to students across as many as 55 different majors.

Campus Housing Expenses

Housing & other expenses	On Campus	Off Campus
Room & Board	$14,774	$14,218
Other Expense	$1,200	$1,200
Book & Supplies	$1,000	$1,000

Now, coming to the lodging and related expenses at WPI, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $16,502 per year, while students have to pay $15,974 a year for off-campus housing. The room and boarding charges for on-campus students come to around $15,302, while the off-campus candidates would need to pay $14,774. Coming to the books and supplies charges, the students will be required to pay an amount of $1,000. Meanwhile, the other expenses that a student needs to plan for add up to $1,200.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

$14,774

Off Campus

$14,218

Housing & Other Expenses

Other Expenses

On Campus

$1,200

Off Campus

$1,200

Housing & Other Expenses

Book & Supplies

On Campus

$1,000

Off Campus

$1,000

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree Type	Total Average Tuition	Average Tuition Per Credit
Masters	NA	NA
Graduate Certificate	NA	NA
Certificate	NA	NA
Certificate	NA	NA

Worcester Polytechnic Institute (WPI) offers 32 online programs across 8 Majors.

Projected Price for a 4 year degree

The current projected cost of attending a four-year graduate course, along with the living expenses, at Worcester Polytechnic Institute is around $350,420 as per official data. In comparison, the total expenses for undergraduate students stood at $42,393 for 2018-2019, $43,815 for 2017-2018, and $43,027 for 2016-2017.

Explore Programs by Major

Engineering Programs

Master of Science

Tuition

Credits

Master of Science in Systems Engineering

Type: online

Total Credits: 30

Worcester Polytechnic Institute (WPI) Tuition and Fees

Total Cost of Attendance

Average Net Price by Family Income

Student Loans

Undergraduate Tuition and Fees

Graduate Tuition and Fees

Cost Per Credit Hour

Campus Housing Expenses

Campus Housing Expenses

Online Degree Programs, Tuition and Cost Per Credit Summary

Projected Price for a 4 year degree

Explore Programs by Major

Engineering Programs

Environmental Science Programs

Information Systems Programs

Computer Science Programs

Biology Programs

Safety Programs

Education Programs

Business Management Programs

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