Worcester Polytechnic Institute

https://www.wpi.edu

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2023 Undergraduate Tuition

$57,960

3.5% growth from 2022

2023 Average Net Price

$47,799

After Financial Aid

2020 Default Rate

on Student Loans

2023 Acceptance Rate

58.5%

11,809 Applicants

2023 Enrolled Students

7,353

84.3% Full-Time

2023 Graduation Rate

88.4%

994 Graduates

About

Worcester Polytechnic Institute is a higher education institution located in Worcester County, MA. In 2023, the most popular Bachelors Degree concentrations at Worcester Polytechnic Institute were Computer Science (222 degrees awarded), Mechanical Engineering (211 degrees), and Bioengineering & Biomedical Engineering (121 degrees).

In 2023, 2,165 degrees were awarded across all undergraduate and graduate programs at Worcester Polytechnic Institute. 36.3% of these degrees were awarded to women, and 63.7% awarded men. The most common race/ethnicity group of degree recipients was white (1,235 degrees), 7.18 times more than then the next closest race/ethnicity group, asian (172 degrees).

The median undergraduate tuition at Worcester Polytechnic Institute is $57,960, which is $26,957 more than the national average for Doctoral Universities ($31,004).

In 2020 the default rate for borrower's at Worcester Polytechnic Institute was 0%, corresponding to 0 out of the 833 total borrowers.

Doctoral Universities: Higher Research Activity Doctoral Universities

Costs

In 2023, the median undergraduate tuition at Worcester Polytechnic Institute is $57,960, which is $26,957 more than the national average for Doctoral Universities ($31,004).

After taking grants and loans into account, the average net price for students is $47,799.

In 2023, 96% of undergraduate students attending Worcester Polytechnic Institute received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$57,960

2023 Undergraduate Tuition

In 2023, the cost of tuition at Worcester Polytechnic Institute was $57,960. The cost of tuition at Worcester Polytechnic Institute is $26,957 more than than the overall (public and private) national average for Doctoral Universities ($31,004).

This chart compares the tuition costs of Worcester Polytechnic Institute (in red) with those of other similar universities.

Average Net Price

$47,799

2023 Value

1.97%

1 Year Growth

In 2023 Worcester Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $47,799. Between 2022 and 2023, the average net price of Worcester Polytechnic Institute grew by 1.97%.

This chart compares the average net price of Worcester Polytechnic Institute (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$16,544

Room and Board

$1,200

Books and Supplies

The average yearly cost of room and board at Worcester Polytechnic Institute was of $16,544 in 2023. The cost of room and board increased by 2.5% between 2022 and 2023.

During the same period, the average yearly cost of books and supplies was $1,200. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Worcester Polytechnic Institute (in red) with that of similar universities.

Financial Aid by Income Level

96%

Undergraduates Receiving Financial Aid through Grants

50%

Undergraduates Receiving Financial Aid through Loans

96% of undergraduate students at Worcester Polytechnic Institute received financial aid through grants or loans in 2023. This represents a growth of 2.13% with respect to 2022, when 94% of undergraduate students received financial aid.

This chart compares the average award discount at Worcester Polytechnic Institute (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Worcester Polytechnic Institute was 0%, which represents 0 out of the 833 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Worcester Polytechnic Institute received 11,809 undergraduate applications in 2023, which represents a 1.81% annual growth. Out of those 11,809 applicants, 6,908 students were accepted for enrollment, representing a 58.5% acceptance rate.

There were 7,353 students enrolled at Worcester Polytechnic Institute in 2023.

Worcester Polytechnic Institute has an overall enrollment yield of 19.7%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

58.5%

Acceptance Rate in 2023

6,908

Accepted Out of 11,809

In 2023, the undergraduate acceptance rate of Worcester Polytechnic Institute was 58.5% (6,908 admissions from 11,809 applications). This is higher than the acceptance rate of 2022, which was 57.5%. Between 2022 and 2023, the number of applicants grew by 1.81%, while admissions grew by 3.61%.

This chart compares the acceptance rate of Worcester Polytechnic Institute (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

N/A% of enrolled first-time students at Worcester Polytechnic Institute in false submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Worcester Polytechnic Institute had a total enrollment of 7,353 students in 2023. The full-time enrollment at Worcester Polytechnic Institute is 6,197 students and the part-time enrollment is 1,156. This means that 84.3% of students enrolled at Worcester Polytechnic Institute are enrolled full-time.

The enrolled student population at Worcester Polytechnic Institute, both undergraduate and graduate, is 57.3% White, 10.6% Asian, 7.29% Hispanic or Latino, 3.11% Two or More Races, 2.8% Black or African American, 0.0544% Native Hawaiian or Other Pacific Islanders, and 0.0408% American Indian or Alaska Native.

Students enrolled at Worcester Polytechnic Institute in full-time Undergraduate programs are most commonly White Male (40.8%), followed by White Female (23.3%) and Asian Male (6.83%). Students enrolled in full-time Graduate programs are most commonly White Male (16.7%), followed by White Female (11.3%) and Hispanic or Latino Male (2.57%).

Full-Time vs Part-Time Enrollment

84.3%

Full-Time Enrollment

The total enrollment at Worcester Polytechnic Institute in 2023, both undergraduate and graduate, is 7,353 students. The full-time enrollment at Worcester Polytechnic Institute is 6,197 and the part-time enrollment is 1,156. This means that 84.3% of students enrolled at Worcester Polytechnic Institute are enrolled full-time compared with 77.9% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Worcester Polytechnic Institute (in red) compares to similar universities.

Retention Rate over Time

94%

2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Worcester Polytechnic Institute was 94%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Worcester Polytechnic Institute had a retention rate higher than its peers.

This chart shows the retention rate over time at Worcester Polytechnic Institute (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)

White
4,212 enrolled students
Asian
783 enrolled students
Hispanic or Latino
536 enrolled students

The enrolled student population at Worcester Polytechnic Institute is 57.3% White, 10.6% Asian, 7.29% Hispanic or Latino, 3.11% Two or More Races, 2.8% Black or African American, 0.0544% Native Hawaiian or Other Pacific Islanders, and 0.0408% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 46.5% White, 15.9% Hispanic or Latino, and 9.78% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 282 students (3.84%) did not report their race.

Graduates

In 2023, 593 fewer women than men received degrees from Worcester Polytechnic Institute. The most common race/ethnicity group of degree recipients at Worcester Polytechnic Institute is white (1,235 degrees awarded). There were 7.18 times more white recipients than the next closest race/ethnicity group, asian (172 degrees).

The most common Bachelor's Degree concentration at Worcester Polytechnic Institute is Computer Science (222 degrees awarded), followed by Mechanical Engineering (211 degrees) and Bioengineering & Biomedical Engineering (121 degrees).

In 2023, the most specialized majors across all degree types at Worcester Polytechnic Institute, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Engineering (1,271 degrees awarded), Interdisciplinary Studies (180 degrees), and Math & Statistics (68 degrees).

Common Jobs by Major

Software developers

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Worcester Polytechnic Institute are Software developers (1,136,061 people), Other managers (508,767 people), Miscellaneous engineers, including nuclear engineers (417,287 people), Civil engineers (311,332 people), and Postsecondary teachers (235,555 people).

The most specialized majors at Worcester Polytechnic Institute in 2023 are Engineering (1,271 degrees awarded), Interdisciplinary Studies (180 degrees), Math & Statistics (68 degrees), Computer and Information Sciences and Support Services (358 degrees), and Physical Sciences (36 degrees) (as of 2023).

Highest Paying Jobs by Major

Podiatrists

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Worcester Polytechnic Institute are Podiatrists, Surgeons, Physicians, Securities, commodities, & financial services sales agents, and Cardiovascular technologists and technicians

The most specialized majors at Worcester Polytechnic Institute are Engineering (1,271 degrees awarded), Interdisciplinary Studies (180 degrees), Math & Statistics (68 degrees), Computer and Information Sciences and Support Services (358 degrees), and Physical Sciences (36 degrees) (as of 2023).

Common Industries by Major

Computer Systems Design

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Worcester Polytechnic Institute are Computer Systems Design (1,111,828 people), Architectural, engineering & related services (508,764 people), Colleges, universities & professional schools, including junior colleges (469,675 people), Elementary & secondary schools (367,268 people), and Construction (349,612 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Worcester Polytechnic Institute.

Most Common (2023)

Computer Science
222 degrees awarded
Mechanical Engineering
211 degrees awarded
Bioengineering & Biomedical Engineering
121 degrees awarded

In 2023, the most common bachelors degree concentration at Worcester Polytechnic Institute was Computer Science with 222 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Worcester Polytechnic Institute according to their major.

Sex Breakdown for Common Majors

1,379

Degrees Awarded to Men

in 2023

786

Degrees Awarded to Women

in 2023

In 2023, 1,379 degrees were awarded to men at Worcester Polytechnic Institute, which is 1.75 times more than the number of degrees awarded to females (786).

This chart displays the sex disparity between the top 5 majors at Worcester Polytechnic Institute by degrees awarded.

Most Common Male Majors

In 2023, 241 degrees were awarded to men at Worcester Polytechnic Institute in Mechatronics, Robotics, & Automation Engineering, which is 5.13 times more than the 47 female recipients with that same degree.

Most Common Female Majors

In 2023, 110 degrees were awarded to men at Worcester Polytechnic Institute in Mechanical Engineering, which is 0.621 times less than the 177 male recipients with that same degree.

Time to Complete

81%

100% Completion Time

87%

150% Completion Time

In 2023, 81% of students graduating from Worcester Polytechnic Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 87% completed their degrees within 150% of the normal time, and 88% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Asian Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2023 at Worcester Polytechnic Institute is Female and Asian (100% graduation rate). Across all Doctoral Universities, Non-resident Alien Male students have the highest graduation rate (65.7%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 11.8% of graduates (117 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)

White
1,235 degrees awarded
Asian
172 degrees awarded
Hispanic or Latino
155 degrees awarded

The most common race/ethnicity at Worcester Polytechnic Institute is white (1,235 degrees awarded). There were 7.18 times more white recipients than the next closest race/ethnicity group, asian (172 degrees).

4.11% of degree recipients (89 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2023)

White Male
766 degrees awarded
White Female
469 degrees awarded
Hispanic or Latino Male
106 degrees awarded

The most common race/ethnicity and sex grouping at Worcester Polytechnic Institute is white male (766 degrees awarded). There were 1.63 times more white male recipients than the next closest race/ethnicity group, white female (469 degrees).

Operations

Worcester Polytechnic Institute has an endowment valued at nearly $631M, as of the end of the 2023 fiscal year. The return on its endowment was of 68.3M (10.8%) compared to the 4.37% average return (19M on 434M) across all Doctoral Universities.

In 2023, Worcester Polytechnic Institute had a total salary expenditure of 355M. Worcester Polytechnic Institute employs 126 Professors, 125 Instructors and 103 Associate professors. Most academics at Worcester Polytechnic Institute are Male Professor (91), Male Instructor (87), and Male Associate professor (73).

The most common positions for non-instructional staff at Worcester Polytechnic Institute are: Management, with 129 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 126 employees, and Business and Financial Operations with 125 employees.

Endowment

$631M

2023 Endowment

7.01%

growth from 2022

Worcester Polytechnic Institute has an endowment valued at about $631M, as of the end of the 2023 fiscal year. The endowment of Worcester Polytechnic Institute grew 7.01% from the previous year. The value of their endowment was $197M higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Worcester Polytechnic Institute (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Higher Research Activity Carnegie Classification grouping.

Salary Expenditure

$143M

2023 Salaries

1.86%

decline from 2022

In 2023, Worcester Polytechnic Institute paid a median of $143M in salaries, which represents 40.1% of their overall expenditure ($355M) and a 1.86% decline from the previous year. This is compared to a 9.71% growth between 2021 and 2022, and a 6.88% decline between 2020 and 2021.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

Instructional Salaries

$53M

Instructional Salaries

444

Number of Employees

In 2023, Worcester Polytechnic Institute paid a total of $53M to 444 employees working as instructors, which represents 37.2% of all salaries paid.

This is compared to a median of $6.13M (2.35%) for similar Doctoral Universities.

Occupations by Share

Professor

Most Common Instructor

126 Employees

Management

Most Common Non-Instructional Employee

129 Employees

In 2023, the most common positions for instructional staff at Worcester Polytechnic Institute were Professor with 126 employees, Instructor with 125 employees, and Associate professor with 103 employees.

In 2023, the most common positions for non-instructional staff at Worcester Polytechnic Institute were Management with 129 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 126 employees, and Business and Financial Operations with 125 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2023)

Male Professor
Male Instructor
Male Associate professor

In 2023, the most common demographic for instructional staff at Worcester Polytechnic Institute was Male Professor with 91 employees, Male Instructor with 87 employees, and Male Associate professor with 73 employees.

This chart shows the sex split between each academic rank present at Worcester Polytechnic Institute.

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