Milwaukee School of Engineering

On average, college tuition rises about 3% year.

Remember, the total cost of tuition isn't necessarily what you will have to pay to attend a school. Many students find the actual cost of college is much less than the sticker price after grants, scholarships, and tuition discounts are applied. And, student loans can make theprice of collegefeel more doable until you're done with college.

Milwaukee School of Engineering meets 78.5% of the demonstrated financial need for undergraduates. The average financial aid package for a full-time, first-year student at Milwaukee School of Engineering is around $34,615 a year.

The average student debt for graduates in the class of 2023 was around $22,110 per student, not including those with no debt.

Does Milwaukee School of Engineering Offer In-State and Out-of-State Tuition?

Milwaukee School of Engineering is a private, nonprofit institution, so it has the same tuition for students from Wisconsin as it does for residents from other states.

Public colleges and universities receive funding from the state government. These institutions offer reduced tuition for those who qualify as Wisconsin residents.

Choosing a school where you are eligible for the reduced tuition offered to state residentscan drastically reduce the total cost of attending college. Take the time to check your state's guidelines for how to qualify for in-state residency. Each state has different requirements to qualify as in-state resident. In many states, students must have lived in the state for 12 months before starting school to qualify for in-state tuition. There may be other criteria too, depending on the state you and your parents currently live in.

Explore other Wisconsin colleges

Is Milwaukee School of Engineering's Tuition Different for International Students?

Milwaukee School of Engineering has the same tuition for international students as for those from out of state.

Students from outside of the U.S. are not eligible for federal financial aid, but may qualify for private or Milwaukee School of Engineering-specific aid and scholarships.

International students without financial need may be eligible for merit-based institutional scholarships.

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Milwaukee School of Engineering Housing Expenses, Fees, and More

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In addition to tuition, room and board, books, transportation and fees are also costs it consider when estimating the cost of attendance for college. Let's take a look at what impacts these costs, and what to expect at Milwaukee School of Engineering.

Room and Board Costs at Milwaukee School of Engineering

Meal-plan costs vary based on on the number of meals you intend to eat on-campus

How Much Do Books Cost at Milwaukee School of Engineering?

The cost of books often surprises first-year college students. The real cost of books and supplies depends on the courses you take and the materials required. To save money, many students choose to use books from the library or buy books from students who have already taken the course.

Annual Fees

The majority of colleges also have fees to offsets cost associated with maintaining facilties, like the computer labs and libraries, athletic facilities, and more.

There may be optional fees associated with participating in certain activities, like Greek Life, or playing on an intramural sports team. Many schools offer resources so that those who may struggle to participate because of cost can get help covering these fees.

The Cost of Transportation at Milwaukee School of Engineering

The total cost of transportation in college can really vary. Will you take a subway, car or an airplane to get to school? Will you need to pay to park on-campus? Is the campus walkable? Do you plan to bring a car or are you planning to use busses, subways, or other modes of transportation? All of these factors can make a big difference in your transportation budget. At Milwaukee School of Engineering, freshman are allowed to park on campus.

The location of a college or university can also have a big effect on the amount you'll have to spend just to get around. Small, rural schools may be easier to get around, but the cost of getting to campus may be higher. On the flip side, getting around in a city could be pricey, but cities may offer more trains, busses or low-cost flight options to actually get to school. Milwaukee School of Engineeringis in a city in Wisconsin.

Other Costs

When estimating your budget for college, don’t forget to take into account the cost of things like entertainment, clothes, furnishings and toiletries.

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Total Tuition and Expenses at Milwaukee School of Engineering

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Now, let’s go over all of the costs we've covered, to get a better estimate of the actual cost of attending Milwaukee School of Engineering.

Total Cost of Milwaukee School of Engineering

What will the cost of attending Milwaukee School of Engineering be? Here is a breakdown of tuition and expenses.

2023 Total Tuition and Expenses

The total estimated cost will vary depending on whether you are going to live on-campus or off-campus.

Tuition and fees may vary depending on program, course level, location, and more.

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Milwaukee School of Engineering Financial Aid

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The majority of Milwaukee School of Engineering undergrads use financial aid to finance their education. In 2023, 1,888 of the 2,601 undergrads enrolled received financial aid. Milwaukee School of Engineering meets 78.5% of the demonstrated financial need for undergraduates.

The average financial aid package for a full-time, first-year student is around $34,615 a year. Around 82% of Milwaukee School of Engineering undergrads take out student loans to cover any remaining costs. Milwaukee School of Engineering graduates who have student loans graduate with an average of $22,110 of student loan debt.

The average debt for each loan type varies.

Average Debt By Loan Type
Federal Loans	$25,575
State Loans	$3,000
Private Loans	$15,911

Most Common Loans for Milwaukee School of Engineering Students
Federal Loans	71%
Private loans	11%

Most students take out institutional or government loans, because they tend to have lower interest rates and more flexible repayment options than private loans. Loans from the federal government can be subsidized or unsubsidized. Subsidized loans do not accrue interest during school, while unsubsidized loans begin accruing interest at the time the loan is issued. If students do no qualify for enough federal loans to cover the cost of tuition, some take out private loans. Parents can also take out ParentPLUS loans, which are government loans for parents who are helping their children pay for college.

The Free Application for Federal Student Aid (FAFSA) helps colleges determine how much financial need students and their familes have, so they can offer a financial aid package that meets, or come close to meeting, their need. For more information on Milwaukee School of Engineering financial aid, keep reading, or visit their financial aid website.

Scholarships at Milwaukee School of Engineering

Some students may receive grants and scholarships to help pay for college. Unlike loans, scholarships and grants do not have to be paid back.

In 2023, Milwaukee School of Engineering awarded 1,887 need-based scholarships to students, giving away total of $55.1 million to help students with financial need cover the cost of school. An additional $15.65 million in merit-based scholarship money was awarded to students without demonstrated financial need.

Milwaukee School of Engineering Net Cost

The net price of college is the actual cost of attending a school for one year. Net cost is calculated by subtracting any scholarships, grants or other aid that does not need to be paid back from the total cost. Student loans are not part of the calculation, because they need to be repaid.

Now that we have a sense of the total estimated costs for Milwaukee School of Engineering students, we can subtract the average financial aid package to find the estimated net cost. Net cost can vary depending on a students’ need and the financial aid award received.

When considering whether a school fits your budget, it is important to consider the estimated net cost, not just the sticker price of tuition. Often, schools with the highest tuition also offer the most generous aid packages, so estimate your net cost before eliminating a school because it does fit your budget.

The average amount of financial aid received by a full-time first year student with demonstrated need at Milwaukee School of Engineering was $34,615 in 2023. By substracting the average financial aid package from the estimated costs, we get a number that may make the cost of Milwaukee School of Engineering seem more manageable.

What will attending Milwaukee School of Engineering really cost you? The answer depends on several factors.

As of 2011, colleges are required to have a net price calculator on their website to help prospective students and their families understand the actual cost of attending that school, based on their financial situation. You can find the Milwaukee School of Engineering's net cost calculator on their website.

Milwaukee School of Engineering Tuition Payment Plans

Some students choose to use payment plans to make the cost of tuition fit more comfortably in their budget.

Students cannot pay tuition in installments. Contact the financial aid office to verify this and discuss options.

Milwaukee School of Engineering Tuition Waivers

Schools sometimes waiver tuition for certain groups, to reduce the total cost of attendance. Some schools offer tuition waivers for employees and their family members, underrepresented students, or military students. Even if you qualify for a waiver, other expenses and fees are the responsibility of the student.

Check the financial aid website for more information on payment plans and tuition waivers.

Milwaukee School of Engineering's Endowment

An endowment is the total value of a school's investments, donations, and assets. Endowment is not necessarily an indicator of the quality of a school, but it can give you a sense of how much money a college can afford to invest in expanding programs, improving facilities, and supporting students.

For more information about Milwaukee School of Engineering's endowment, check with the school directly.

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Learn More About Milwaukee School of Engineering

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