Worcester Polytechnic Institute

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2022 Undergraduate Tuition
$56,000
2.49% growth from 2021
2022 Average Net Price
$46,876
After Financial Aid
2019 Default Rate
0.599%
on Student Loans
2022 Acceptance Rate
57.5%
11,599 Applicants
2022 Enrolled Students
7,308
81.7% Full-Time
2022 Graduation Rate
88.9%
996 Graduates

About

Worcester Polytechnic Institute is a higher education institution located in Worcester County, MA. In 2022, the most popular Bachelors Degree concentrations at Worcester Polytechnic Institute were Mechanical Engineering (274 degrees awarded), Computer Science (199 degrees), and Bioengineering & Biomedical Engineering (132 degrees).

In 2022, 2,186 degrees were awarded across all undergraduate and graduate programs at Worcester Polytechnic Institute. 39.8% of these degrees were awarded to women, and 60.2% awarded men. The most common race/ethnicity group of degree recipients was white (1,398 degrees), 8.32 times more than then the next closest race/ethnicity group, hispanic or latino (168 degrees).

The median undergraduate tuition at Worcester Polytechnic Institute is $56,000, which is $25,850 more than the national average for Doctoral Universities ($30,150).

Costs

In 2022, the median undergraduate tuition at Worcester Polytechnic Institute is $56,000, which is $25,850 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $46,876.

In 2022, 94% of undergraduate students attending Worcester Polytechnic Institute received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$56,000
2022 Undergraduate Tuition

In 2022, the cost of tuition at Worcester Polytechnic Institute was $56,000. The cost of tuition at Worcester Polytechnic Institute is $25,850 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

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

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Average Net Price

$46,876
2022 Value
2.81%
1 Year Growth

In 2022 Worcester Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $46,876. Between 2021 and 2022, the average net price of Worcester Polytechnic Institute grew by 2.81%.

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.

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Other Student Expenses

$16,140
Room and Board
$1,200
Books and Supplies

The average yearly cost of room and board at Worcester Polytechnic Institute was of $16,140 in 2022. The cost of room and board increased by 2.93% between 2021 and 2022.

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.

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Financial Aid by Income Level

94%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

94% of undergraduate students at Worcester Polytechnic Institute received financial aid through grants or loans in 2022. This represents a decline of 1.05% with respect to 2021, when 95% 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.

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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.
0.599%
2019 Default Rate
5
Number of Defaults

In 2019 the default rate for borrower's at Worcester Polytechnic Institute was 0.599%, which represents 5 out of the 835 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.

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Admissions

Worcester Polytechnic Institute received 11,599 undergraduate applications in 2022, which represents a 4.57% annual growth. Out of those 11,599 applicants, 6,667 students were accepted for enrollment, representing a 57.5% acceptance rate.

There were 7,308 students enrolled at Worcester Polytechnic Institute in 2022.

Worcester Polytechnic Institute has an overall enrollment yield of 20.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

57.5%
Acceptance Rate in 2022
6,667
Accepted Out of 11,599

In 2022, the undergraduate acceptance rate of Worcester Polytechnic Institute was 57.5% (6,667 admissions from 11,599 applications). This is lower than the acceptance rate of 2021, which was 60.2%. Between 2021 and 2022, the number of applicants grew by 4.57%, while admissions declined by −0.18%..

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.

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Enrollment

Worcester Polytechnic Institute had a total enrollment of 7,308 students in 2022. The full-time enrollment at Worcester Polytechnic Institute is 5,971 students and the part-time enrollment is 1,337. This means that 81.7% of students enrolled at Worcester Polytechnic Institute are enrolled full-time.

The enrolled student population at Worcester Polytechnic Institute, both undergraduate and graduate, is 57.9% White, 10.1% Asian, 7.76% Hispanic or Latino, 3.11% Two or More Races, 2.97% Black or African American, 0.0274% Native Hawaiian or Other Pacific Islanders, and 0.0274% American Indian or Alaska Native.

Students enrolled at Worcester Polytechnic Institute in full-time Undergraduate programs are most commonly White Male (39.7%), followed by White Female (24.2%) and Asian Male (6.43%). Students enrolled in full-time Graduate programs are most commonly White Male (19.3%), followed by White Female (12.7%) and Hispanic or Latino Male (2.69%).

Full-Time vs Part-Time Enrollment

81.7%
Full-Time Enrollment

The total enrollment at Worcester Polytechnic Institute in 2022, both undergraduate and graduate, is 7,308 students. The full-time enrollment at Worcester Polytechnic Institute is 5,971 and the part-time enrollment is 1,337. This means that 81.7% of students enrolled at Worcester Polytechnic Institute are enrolled full-time compared with 77.4% 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.

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Retention Rate over Time

91%
2022 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 91%. 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.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    4,233 enrolled students
  2. Asian
    739 enrolled students
  3. Hispanic or Latino
    567 enrolled students

The enrolled student population at Worcester Polytechnic Institute is 57.9% White, 10.1% Asian, 7.76% Hispanic or Latino, 3.11% Two or More Races, 2.97% Black or African American, 0.0274% Native Hawaiian or Other Pacific Islanders, and 0.0274% 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 47.5% White, 15.5% Hispanic or Latino, and 9.58% 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, 221 students (3.02%) did not report their race.

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Graduates

In 2022, 444 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 (1,398 degrees awarded). There were 8.32 times more white recipients than the next closest race/ethnicity group, hispanic or latino (168 degrees).

The most common Bachelor's Degree concentration at Worcester Polytechnic Institute is Mechanical Engineering (274 degrees awarded), followed by Computer Science (199 degrees) and Bioengineering & Biomedical Engineering (132 degrees).

In 2022,  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 (1,291 degrees awarded), Interdisciplinary Studies (164 degrees), and Math & Statistics (59 degrees).

Common Jobs by Major

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 (1,052,593 people), Other managers (498,530 people), Miscellaneous engineers, including nuclear engineers (402,275 people), Civil engineers (293,265 people), and Postsecondary teachers (234,592 people).

The most specialized majors at Worcester Polytechnic Institute in 2022 are Engineering (1,291 degrees awarded), Interdisciplinary Studies (164 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (292 degrees), and Physical Sciences (55 degrees) (as of 2022).

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Highest Paying Jobs by Major

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 (1,291 degrees awarded), Interdisciplinary Studies (164 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (292 degrees), and Physical Sciences (55 degrees) (as of 2022).

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Common Industries by Major

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).

The most specialized majors at Worcester Polytechnic Institute are Engineering (1,291 degrees awarded), Interdisciplinary Studies (164 degrees), Math & Statistics (59 degrees), Computer and Information Sciences and Support Services (292 degrees), and Physical Sciences (55 degrees) (as of 2022).

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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 (2022)
  1. 274 degrees awarded
  2. 199 degrees awarded
  3. 132 degrees awarded

In 2022, the most common bachelors degree concentration at Worcester Polytechnic Institute was Mechanical Engineering with 274 degrees awarded.

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

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Sex Breakdown for Common Majors

1,315
Degrees Awarded to Men
in 2022
871
Degrees Awarded to Women
in 2022

In 2022, 1,315 degrees were awarded to men at Worcester Polytechnic Institute, which is 1.51 times more than the number of degrees awarded to females (871).

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

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Most Common Male Majors

In 2022, 245 degrees were awarded to men at Worcester Polytechnic Institute in Mechanical Engineering, which is 1.86 times more than the 132 female recipients with that same degree.

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Most Common Female Majors

In 2022, 132 degrees were awarded to men at Worcester Polytechnic Institute in Mechanical Engineering, which is 0.539 times less than the 245 male recipients with that same degree.

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Time to Complete

81%
100% Completion Time
89%
150% Completion Time

In 2022, 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, 89% completed their degrees within 150% of the normal time, and 90% 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.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Worcester Polytechnic Institute is Female and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

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, 4.62% of graduates (46 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    1,398 degrees awarded
  2. Hispanic or Latino
    168 degrees awarded
  3. Asian
    163 degrees awarded

The most common race/ethnicity at Worcester Polytechnic Institute is white (1,398 degrees awarded). There were 8.32 times more white recipients than the next closest race/ethnicity group, hispanic or latino (168 degrees).

1.88% of degree recipients (41 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Male
    818 degrees awarded
  2. White Female
    580 degrees awarded
  3. Hispanic or Latino Male
    107 degrees awarded

The most common race/ethnicity and sex grouping at Worcester Polytechnic Institute is white male (818 degrees awarded). There were 1.41 times more white male recipients than the next closest race/ethnicity group, white female (580 degrees).

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Operations

Worcester Polytechnic Institute has an endowment valued at nearly $590M, as of the end of the 2022 fiscal year. The return on its endowment was of −NaNM (−5.34%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Worcester Polytechnic Institute had a total salary expenditure of 323M. Worcester Polytechnic Institute employs 133 Instructors, 127 Professors and 94 Associate professors. Most academics at Worcester Polytechnic Institute are Male Professor (92), Male Instructor (85), and Male Associate professor (70).

The most common positions for non-instructional staff at Worcester Polytechnic Institute are: Office and Administrative Support, with 131 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 126 employees, and Business and Financial Operations with 124 employees.

Endowment

$590M
2022 Endowment
7.07%
decline from 2021

Worcester Polytechnic Institute has an endowment valued at about $590M, as of the end of the 2022 fiscal year. The endowment of Worcester Polytechnic Institute declined 7.07% from the previous year. The value of their endowment was $217M 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.

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Salary Expenditure

$145M
2022 Salaries
9.71%
growth from 2021

In 2022, Worcester Polytechnic Institute paid a median of $145M in salaries, which represents 45% of their overall expenditure ($323M) and a 9.71% growth from the previous year.

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

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Instructional Salaries

$53M
Instructional Salaries
436
Number of Employees

In 2022, Worcester Polytechnic Institute paid a total of $53M to 436 employees working as instructors, which represents 36.5% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Instructor
Most Common Instructor
133 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
131 Employees

In 2022, the most common positions for instructional staff at Worcester Polytechnic Institute were Instructor with 133 employees, Professor with 127 employees, and Associate professor with 94 employees.

In 2022, the most common positions for non-instructional staff at Worcester Polytechnic Institute were Office and Administrative Support with 131 employees, Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 126 employees, and Business and Financial Operations with 124 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Male Instructor
  3. Male Associate professor

In 2022, the most common demographic for instructional staff at Worcester Polytechnic Institute was Male Professor with 92 employees, Male Instructor with 85 employees, and Male Associate professor with 70 employees.

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

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