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Scholarships, Loans and Grants



Wentworth Institute of Technology's financial aid award is offered as a "package" which can consist of a combination of scholarships, grants, loans and employment.  By following the application procedures, you will be considered for all aid which you qualify for.  You will be notified of your eligibility in the form of an award letter, which will clearly outline the types and amounts of each program you are eligible for.  You may be offered assistance from one or more of the programs below.

Merit Award Scholarship: Wentworth offers merit-based scholarships in addition to need-based aid.  All applicants  are automatically considered for Merit Awards - no additional application is necessary.  Merit Scholarships ranged from $1000 to $7000 for the entering class of Fall 2008.  The Merit evaluation is determined by the Admissions Office and begins in mid-January.  The scholarship may be renewed for up to five years, depending on the length of the recipient’s bachelor’s degree program. Recipients must be enrolled full-time and maintain a 2.5 institutional cumulative GPA.

President’s Scholarship: This scholarship is awarded each year to a premier group of incoming students chosen by Wentworth’s Scholarship Committee.   Recipients have demonstrated excellent academic achievement and active involvement in both their school and extended communities.  Fall 2007 President's Scholars had an average SAT score of 1828 total (Critical Reading, Math and Writing).  President's scholarships are awarded at $11,000 and may be renewed for up to five years (depending on the length of the student's bachelor's degree program), provided the student is enrolled full-time and maintains a 2.5 grade point average.  Application information.

Arioch Scholarship: This scholarship is awarded each year to a premier group of incoming students chosen by Wentworth’s Scholarship Committee.  Recipients have demonstrated excellent academic achievement and active involvement in both their school and extended communities.  Fall 2007 Arioch Scholars had an average SAT score of 1831 total (Critical Reading, Math and Writing). The Arioch Scholarship of $13,000 is renewable for up to five years (depending on the length of the student's bachelor's degree program), provided the student is enrolled  full-time, lives on campus and maintains a 2.5 grade point average.  Application information.

Wentworth Community Scholarship: Eligibility for this scholarship is determined by Wentworth’s Community Scholarship Committee.  It is open to returning students who show a significant commitment to the Wentworth Community through involvement in social, administrative, charitable and athletic activities. An eligible student must have completed four semesters and been enrolled full-time while maintaining an institutional cumulative GPA of 3.0 or better. Interested students should send a letter documenting their activities to the Community Scholarship Committee c/o the Student Service Center. Recipients must re-apply every year.

National Commission for Cooperative Education National Co-op Scholarship Program:  Applicants who have been accepted to Wentworth by February 15, 2008 are eligible to apply for one of twenty NCCE scholarships of $5000 each.  These awards are renewable up to $20,000 to $25,000 per program and institution criteria.  For the application and information on this scholarship, click here.

Institutional Scholarships:  Wentworth will also offer additional scholarships to qualified individuals based on specific criteria (e.g. geographic location, intended major, etc).

Federal Pell Grant: Eligibility for this grant is determined by criteria set by the federal government. The award amount will decrease if a student is not enrolled full-time. This financial aid award is a grant and does not need to be repaid.

Academic Competitiveness Grant (ACG): This federal grant program is designed to assist first and second-year students who have passed a rigorous course of study during their high school tenure. The qualifications for that course of study are determined by either their home state or the federal government. Recipients must be awarded a Pell grant, be U.S. citizens and have completed less than 63 undergraduate course credits. Second year recipients must maintain a 3.0 GPA to remain eligible.

National Science and Mathematics Access to Retain Talent Grant (SMART): This federal grant program is awarded to students in an eligible technology or language related academic program. Recipients must maintain above a 3.0 program GPA. This award is given to third and fourth-year students that have completed between 64 and 130 course credits. Eligible students must also be U.S. citizens and Pell grant recipients.

Federal Supplemental Educational Opportunity Grant (SEOG): This need-based grant does not need to be repaid. The award amount decreases if the recipient is not enrolled full- time. Priority is given to Pell Grant Recipients.

Mass Grant and other State Scholarships: (www.osfa.mass.edu) Eligibility for these grants is determined by each state. State grants will not be awarded until the school receives a roster from the state agency.  Mass Grant recipients must be enrolled full time; they and their parents must be Massachusetts resident.

Gilbert Grant: This need-based state grant does not need to be repaid. To be eligible, students and parents must be Massachusetts state residents and the student must be enrolled full time.

Federal Work-Study: This federal need-based work program allows students to work on and off campus. Students are notified at the beginning of the school year how to apply for positions and are paid for the hours they have worked every two weeks. This award is not deducted from students’ bills; the funds are paid directly to the student. Click here for job listings.

FFELP Subsidized and Unsubsidized Stafford Loan: (www.amsa.com/direct) Students must be enrolled at least half-time (at least six credits per semester) to be eligible for these federal loans. The loan is borrowed under the student’s name through an outside lender as part of the Federal Family Education Loan Program (FFELP). Due to changes in federal regulations, all Stafford loans with a first disbursement after July 1, 2006 will have a fixed interest rate of 6.8 percent.  It also carries a 2 percent origination fee and a 1 percent guarantee fee.  No payments are required while the student is enrolled at least half-time, and no interest will accrue on the Subsidized loan while the student is in school. Interest will accrue on the Unsubsidized loan and students can either choose to pay the interest while they are in school or defer it.  After the student leaves school there is a six-month grace period when no payments are required and no interest accrues. If your award includes either of these loans a promissory note will be available online. First-time FFELP borrowers are required to complete an entrance counseling session, which details the borrower’s rights and responsibilities.

Federal Perkins Loan: The student borrows this federal need-based loan, which has a fixed interest rate of 5 percent. A minimum enrollment of half time (at least six credits per semester) is required. No payments are required and no interest will accrue while the student is enrolled at least half-time. After the student leaves school, there is a nine-month grace period during which no payments are required and no interest accrues. If your award includes this loan, a promissory note will be mailed to you. Be sure to complete the note and return it to the SSC. First-time borrowers are required to complete an entrance counseling session, which details the borrower’s rights and responsibilities.

Alternative Financing Options: Several alternative financing options are available, including payment plans and loans. There are a variety of programs available, each having its own terms and eligibility requirements. Please click here or ask your financial aid counselor for more information.

Outside/Private Scholarships: There are many scholarships students can apply for to help supplement the cost of their educational expenses. Student research and initiative is required to locate and apply for these programs. Please be aware that you should never pay for a scholarship search. Click here for a listing of links that may be of assistance.

Financing Assistance for International Students:  Click here for additional resources available to international students.