Financing Your Graduate Education
Graduate students who meet eligibility requirements may apply for federal student aid. To qualify for federal student aid, you are required to complete the Free Application for Federal Student Aid (FAFSA). Every student at Wentworth has dedicated counselors for both financial aid and billing. They are here to help you determine the best means for financing your degree. Download our Graduate Financial Aid Brochure here.
Graduate Student Tuition
2023-24
Graduate Programs* | $1,235 per credit |
*Master of Architecture Program | $1,175 per credit or $21,100 per semester (12-20 credits) |
Housing & Dining | See Housing and Meal Plan Rates |
Health Insurance Fee | $2,289* |
Graduate Federal Student Aid Types
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Direct Unsubsidized Stafford Loan
Unsubsidized (the student pays all the interest, although the payments can be deferred until after graduation) Direct Stafford loans have annual and aggregate loan limits. The annual loan limit is $20,500. The aggregate loan limit (including Stafford loans borrowed as an Undergraduate) is $138,500.
- Interest Rate 4.30%
- Origination Fee 1.057%
Understand how interest is calculated and what fees are associated with your federal student loan.
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Direct PLUS Loans
Graduate Direct PLUS loans are federal loans available to help fill the gap between your expenses.
(Cost of Attendance) and your financial aid package. These are available to students pursuing a Graduate degree. They are credit-based and an application is required. (Don't confuse this with a Parent Plus Loan. As a Graduate student, your parent is no longer eligible to apply for this loan.)
- Interest Rate 5.30%
- Origination Fee 4.228%
*Rates and fees as of October 1, 2020. Subject to change for the 2021-2022 aid year.
Understand how interest is calculated and what fees are associated with your federal student loan.
Learn more about Direct PLUS Loans on the Financial Aid TV site
Graduate Scholarships & Fellowships
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Scholarships
Merit Scholarships
All full-time applicants are automatically reviewed for merit scholarships. Merit scholarship awards are based on past academic and professional achievements. Wentworth students continuing directly from their undergraduate program will automatically receive their undergraduate merit scholarship for their graduate program.
Alumni Scholarship
The Alumni Scholarship helps Wentworth alumni with a 20% tuition discount to finance their graduate education. This scholarship applies to all alumni enrolled in a part-time graduate program.
Leadership Scholarship
The Leadership Scholarship identifies part-time students who are leaders in their fields and awards them with up to a 20% tuition discount to finance their graduate education and will apply to all qualifying graduate degrees and certificates at the University. These awards will be based both on GPA and professional experience and accomplishments.
Inclusive Excellence Scholarship
In support of Wentworth’s mission, we offer scholarships to prospective part-time students that support our pursuit of Inclusive Excellence with up to a 20% tuition discount to finance their graduate education and will apply to all qualifying graduate degrees and certificates at the university.
Trail Blazer in STEM Scholarship
Wentworth seeks applicants who have demonstrated/embodied university values through being hands-on, future-focused and career-ready. The trailblazer scholarship will be awarded to part-time applicants who have demonstrated forward-thinking innovation in STEM through a job, internship or school project.
Colleges of the Fenway (COF) Scholarship
The COF Graduate scholarship helps COF students and alumni with up to a 20% tuition discount to finance their graduate education and will apply to all qualifying graduate degrees and certificates at the university. To qualify, applicants must be a graduate of a COF institution and be admitted to a part-time master’s program at Wentworth.
Please note:
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Scholarships cannot be stacked. Students (including alumni) will only be awarded for one of the awards in the suite even if they qualify for more than one. Scholarships and discounts cannot be combined.
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Alumni who will have completed a degree from Wentworth are automatically considered for the scholarships when they are admitted into a graduate program.
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Fellowships
Wentworth Institute of Technology now offers Graduate Fellowships opportunities. These allow students to work for the university while studying to earn an additional $4500 over the academic year. The work will consist of approximately 10hrs/week, with the positions varying from studio/lab fellows, research fellows, teaching fellows, and tutors. These opportunities are a great way to earn money to finance your studies and are an excellent opportunity to enhance your resume for your future employment. These positions are limited. Admitted students will be invited to apply if their program qualifies and still has open positions available. Once awarded, the Graduate Fellowship positions are renewable for the length of your program, not to exceed two academic years, provided you are enrolled as a full-time student, you are in good academic and conduct standing, and you meet the minimum academic standards set by the program
Frequently Asked Questions
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What is the FAFSA?
The Free Application for Federal Student Aid, or FAFSA, is a form that can be prepared annually by current and prospective college graduate students in the United States to determine their eligibility for student financial aid. It is free and available online FAFSA
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Am I eligible for Federal Aid?
In order to be eligible for any of the Federal Aid programs a student must:
- be admitted to an eligible program
- be a US citizen or Eligible Non-Citizen
- be registered with Selective Service if you are a male between the ages of 18 and 25
- not owe a refund on a grant or be in default status on any federal student loan
- not have borrowed in excess of the annual aggregate loan limits
- be enrolled at least half time (6 credits) for Federal Direct loans per semester
- maintain Satisfactory Academic Progress (SAP)
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How is filling out the FAFSA different for graduate students?
Graduate students at Wentworth are considered independent students thus they do not need to provide parental data on the FAFSA.
Also, they will need to check the box 6 for Question 29: 1st year college graduate/professional and box 8 for Question 30: College graduate or professional degree
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How is Financial Aid different for graduate students?
Once they have completed a bachelor’s degree, graduate students are no longer eligible for any federal grant funds including the Federal Pell and SEOG grants nor are they eligible for the Federal Subsidized Stafford loans.
Graduate students are eligible for Federal Unsubsidized Stafford loans up to $20,500 per academic year. They may also apply for a Federal Graduate PLUS loan.
Graduate students must be enrolled at least half-time (6 or more credits) per semester to be eligible for the loans.
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Is there any additional Wentworth funding for graduate students?
If you are graduating from a full-time undergraduate program at Wentworth directly preceding your attendance as a full-time graduate student, under most circumstances, the merit scholarship received as an undergraduate will remain during your graduate program.
For example, as an undergraduate in Construction Management a student received a $10,000 merit scholarship. If that student is graduating with a BS in Construction Management in August 2021 and begins a MS in Project Management program in September 2021, providing they attend full-time and maintain a 3.0 cumulative GPA, they will continue to receive that $10,000 merit scholarship.
Full-time students coming from outside of Wentworth may also qualify for merit scholarship funding. Merit is awarded at the time of Admission.
The Wentworth Financial Aid Office is pleased to offer you guidance on understanding your financial aid package and payment options. These one-on-one meetings are designed to discuss the financial aid process and scholarships as well as answer any questions that you might have. Please check back for future dates to be added soon!
