Worcester Polytechnic Institute

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2016 Undergraduate Tuition

$46,364

3.1% growth from 2015

2016 Average Net Price

$40,666

After Financial Aid

2015 Student Loan

1.18%

Default Rate

2016 Acceptance Rate

48.4%

10,468 Applicants

2016 Enrolled Students

6,642

77.4% Full-Time

2016 Graduation Rate

86.2%

784 Graduates

About

Worcester Polytechnic Institute is a higher education institution located in Worcester County, MA. In 2016, the most popular Bachelor's Degree concentrations at Worcester Polytechnic Institute were Mechanical Engineering (203 degrees awarded), Electrical & Electronics Engineering (103 degrees), and Computer Science (102 degrees).

In 2016, 1,727 degrees were awarded across all undergraduate and graduate programs at Worcester Polytechnic Institute. 32.3% of these degrees were awarded to women, and 67.7% awarded men. The majority of degree recipients were white (964 degrees), 11.9 times more than then the next closest race/ethnicity group, unknown (81 degrees).

The median undergraduate tuition at Worcester Polytechnic Institute is $46,364, which is $20,508 more than the national average for Doctoral Universities ($25,856).

Costs

The median undergraduate tuition at Worcester Polytechnic Institute is $46,364, which is $20,508 more than the national average for Doctoral Universities ($25,856).

After taking grants and loans into account, the average net price for students is $40,666.

In 2016, 94% of undergraduate students received federal grants, while 59% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$46,364

2016 Undergraduate Tuition

In 2016, the cost of tuition at Worcester Polytechnic Institute was $46,364. The cost of tuition at Worcester Polytechnic Institute is $20,508 more than than the overall (public and private) national average for Doctoral Universities ($25,856).

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

$40,666

2016 Value

4.24%

1 Year Growth

In 2016 Worcester Polytechnic Institute had an average net price — the price paid after factoring in grants and loans — of $40,666. Between 2015 and 2016, the average net price of Worcester Polytechnic Institute grew by 4.24%.

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

$13,246

Room and Board

$1,000

Books and Supplies

The average yearly cost of room and board at Worcester Polytechnic Institute was of $13,246 in 2016. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 2.95% between 2015 and 2016. The cost of books and supplies did not change during the same period.

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Financial Aid

Financial Aid by Income Level

94%

Of Undergraduates Receive Grants

59%

Of Undergraduates Receive Federal Loans

94% of undergraduate students at Worcester Polytechnic Institute received grants or loans in 2016. This represents a growth of 2.17% with respect to 2015, when 92% 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.

1.18%

2015 Default Rate

10

Number of Defaults

In 2015 the default rate for borrower's at Worcester Polytechnic Institute was 1.18%, which represents 10 out of the 848 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 10,468 undergraduate applications in 2016, which represents a 2.91% annual growth. Out of those 10,468 applicants, 5,071 students were accepted for enrollment, representing a 48.4% acceptance rate.

There were 6,642 students enrolled at Worcester Polytechnic Institute in 2016, and N/A% of first-time enrollees submitted SAT scores with their applications.

Worcester Polytechnic Institute has an overall enrollment yield of 22.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

48.4%

Acceptance Rate in 2016

5,071

Accepted Out of 10,468

In 2016, the undergraduate acceptance rate of Worcester Polytechnic Institute was 48.4% (5,071 admissions from 10,468 applications). This is lower than the acceptance rate of 2015, which was 48.5%. Between 2015 and 2016, the number of applicants grew by 2.91%, while admissions grew by 2.69%.

This chart compares the acceptance rate of Worcester Polytechnic Institute (in red) with that of other similar universities.

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SAT Scores

N/A%

Submission Percentage

N/A

Scores Submitted

N/A% of enrolled first-time students at Worcester Polytechnic Institute in 2016 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Worcester Polytechnic Institute has a total enrollment of 6,642 students. The full-time enrollment at Worcester Polytechnic Institute is 5,143 students and the part-time enrollment is 1,499. This means that 77.4% of students enrolled at Worcester Polytechnic Institute are enrolled full-time.

The enrolled student population at Worcester Polytechnic Institute, both undergraduate and graduate, is 55.5% White, 7.23% Hispanic or Latino, 4.38% Asian, 2.54% Black or African American, 2.09% Two or More Races, 0.286% American Indian or Alaska Native, and 0.0301% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Worcester Polytechnic Institute in full-time Undergraduate programs are majority White Male (41.4%), followed by White Female (20.5%) and Hispanic or Latino Male (4.96%). Students enrolled in full-time Graduate programs are majority White Male (15.2%), followed by White Female (6.68%) and Asian Female (0.806%).

Full-Time vs Part-Time Enrollment

77.4%

Full-Time Enrollment

The total enrollment at Worcester Polytechnic Institute, both undergraduate and graduate, is 6,642 students. The full-time enrollment at Worcester Polytechnic Institute is 5,143 and the part-time enrollment is 1,499. This means that 77.4% of students enrolled at Worcester Polytechnic Institute are enrolled full-time compared with 78.1% 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

95%

2016 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 95%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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

  1. White

    3,687

  2. Hispanic or Latino

    480

  3. Asian

    291

The enrolled student population at Worcester Polytechnic Institute is 55.5% White, 7.23% Hispanic or Latino, 4.38% Asian, 2.54% Black or African American, 2.09% Two or More Races, 0.286% American Indian or Alaska Native, and 0.0301% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 51.9% White, 12.8% Hispanic or Latino, and 9.36% 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, 457 students (6.88%) did not report their race.

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Graduates

In 2016, 611 fewer women than men received degrees from Worcester Polytechnic Institute. The majority of degree recipients at Worcester Polytechnic Institute are white (964 degrees awarded). There were 11.9 times more white graduates than the next closest race/ethnicity group, unknown (81 degrees).

The most common Bachelor's Degree concentration at Worcester Polytechnic Institute is Mechanical Engineering (203 degrees awarded), followed by Electrical & Electronics Engineering (103 degrees) and Computer Science (102 degrees).

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 (1,053 degrees awarded), Math & Statistics (86 degrees), and Computer and Information Sciences and Support Services (241 degrees).

Workforce

Common Jobs by Major

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, applications & systems software (829,959 people), Miscellaneous managers (578,582 people), Miscellaneous engineers, including nuclear engineers (344,898 people), Civil engineers (241,304 people), and Postsecondary teachers (235,039 people).

The most specialized majors at Worcester Polytechnic Institute are Engineering (1,053 degrees awarded), Math & Statistics (86 degrees), Computer and Information Sciences and Support Services (241 degrees), Physical Sciences (34 degrees), and Interdisciplinary Studies (57 degrees).

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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 Physicians & surgeons, Economists, Chief executives & legislators, Securities, commodities, & financial services sales agents, and Dentists

The most specialized majors at Worcester Polytechnic Institute are Engineering (1,053 degrees awarded), Math & Statistics (86 degrees), Computer and Information Sciences and Support Services (241 degrees), Physical Sciences (34 degrees), and Interdisciplinary Studies (57 degrees).

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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 (950,793 people), Architectural, engineering & related services (471,102 people), Colleges, universities & professional schools, including junior colleges (428,503 people), Elementary & secondary schools (325,354 people), and Hospitals (286,463 people).

The most specialized majors at Worcester Polytechnic Institute are Engineering (1,053 degrees awarded), Math & Statistics (86 degrees), Computer and Information Sciences and Support Services (241 degrees), Physical Sciences (34 degrees), and Interdisciplinary Studies (57 degrees).

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Degrees

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

  1. 203 degrees awarded

  2. 103 degrees awarded

  3. 102 degrees awarded

In 2016, the most common bachelors degree concentration at Worcester Polytechnic Institute was Mechanical Engineering with 203 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 1,169

  2. 558

In 2016, 1,169 degrees were awarded to men at Worcester Polytechnic Institute, which is 2.09 times more than the number of degrees awarded to females (558).

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

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Most Common Male Majors

In 2016, 210 degrees were awarded to men at Worcester Polytechnic Institute in Mechanical Engineering, which is 4.12 times more than the 51 female recipients with that same degree.

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Most Common Female Majors

In 2016, 51 degrees were awarded to women at Worcester Polytechnic Institute in Mechanical Engineering, which is 0.243 times less than the 210 male recipients with that same degree.

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Time to Complete

74%

100% Completion Time

85%

150% Completion Time

In 2016, 74% of students graduating from Worcester Polytechnic Institute completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 85% completed their degrees within 150% of the normal time, and 86% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Worcester Polytechnic Institute is Female and American Indian or Alaska Native (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (67.2%).

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, 0.638% of graduates (5 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    964 degrees awarded

  2. Unknown

    81 degrees awarded

  3. Hispanic or Latino

    76 degrees awarded

The most common race/ethnicity at Worcester Polytechnic Institute is white (964 degrees awarded). There were 11.9 times more white recipients than the next closest race/ethnicity group, unknown (81 degrees).

4.69% of degree recipients (81 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Male

    668 degrees awarded

  2. White Female

    296 degrees awarded

  3. Hispanic or Latino Male

    53 degrees awarded

The most common race/ethnicity and gender grouping at Worcester Polytechnic Institute is white male (668 degrees awarded). There were 2.26 times more white male recipients than the next closest race/ethnicity group, white female (296 degrees).

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Operations

Worcester Polytechnic Institute has an endowment valued at nearly $436M, as of the end of the 2015 fiscal year. The return on its endowment was of $3.47M (0.795%), compared to the 1.54% average return ($4.18M on $271M) across all Doctoral Universities.

In 2015, Worcester Polytechnic Institute had a total expenditure of $234M. Of that $234M, they spent $103M on salaries and $234M on benefits.

Worcester Polytechnic Institute employs 115 Professors, 109 Associate professors, and 99 Assistant professors. Most academics at Worcester Polytechnic Institute are Male Professors (96), Male Associate professors(73), and Male Assistant professors (61).

The most common positions for non-instructional staff at Worcester Polytechnic Institute are: Office and Administrative Support, with 134 employees, Business and Financial Operations, with 132 employees, and Management with 94 employees.

Finances

Endowment

$436M

2015 Endowment

0.648%

growth from 2014

Worcester Polytechnic Institute has an endowment valued at about $436M, as of the end of the 2015 fiscal year. The endowment of Worcester Polytechnic Institute grew 0.648% from the previous year. The value of their endowment was $165M 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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Government Grants and Contracts

Grants & Contracts

  1. $27.2M - Federal

  2. $2.25M - State

  3. $0 - Local

As of 2015, Worcester Polytechnic Institute received $27.2M in grants and contracts from the federal government, $2.25M from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$103M

Salary Expenditure

$234M

Benefits Expenditure

In 2015, Worcester Polytechnic Institute had a total expenditure of $234M. Of that $234M, they spent $103M on salaries and $234M on benefits.

The bar chart shows the share of the primary expenses at Worcester Polytechnic Institute over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Doctoral Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Worcester Polytechnic Institute as a share of total expenditure.

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Salary Expenditure

$103M

2015 Salaries

5.27%

growth from 2014

In 2015, Worcester Polytechnic Institute paid a median of $103M in salaries, which represents 43.7% of their overall expenditure ($234M) and a 5.27% growth from the previous year. This is compared to a 4.37% growth from 2013 and a 9.65% growth from 2012.

The median for similar Doctoral Universities is 206M (43.4% of overall expenditures).

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Instructional Salaries

$38.2M

Instructional Salaries

359

Number of Employees

In 2015, Worcester Polytechnic Institute paid a total of $38.2M to 359 employees working as instructors, which represents 37.2% of all salaries paid.

This is compared to a median of $62.1M (30.2%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

115 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

134 Employees

In 2016, the most common positions for instructional staff at Worcester Polytechnic Institute were Professor with 115 employees; Associate professor with 109 employees; and Associate professor with 99 employees.

In 2016, the most common positions for non-instructional staff at Worcester Polytechnic Institute were Office and Administrative Support with 134 employees; Business and Financial Operations with 132 employees; and Management with 94 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Associate professor

  3. Male Assistant professor

In 2016, the most common demographic for instructional staff at Worcester Polytechnic Institute was Male Professor with 96 employees, Male Associate professor with 73 employees, and Male Assistant professor with 61 employees.

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

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