Cost Details
- In-State Tuition
- $61,060
- Out-of-State Tuition
- $61,060
- Average Net Price
- $19,077
- Students Receiving Financial Aid
- 8.8%
- Room & Board (On Campus)
- $14,690
- Books & Supplies
- $4,700
- Total Cost of Attendance
- $80,450
- Students Taking Federal Loans
- 22.6%
- Pell Grant Recipients
- 8.8%
Cost Overview
Webb Institute delivers on its famous promise of free tuition for all students, making the average net price just $19,077 per year. Families earning $75,000-$110,000 pay around $17,102 annually, while higher-income families pay about $20,065. Over four years, total costs run roughly $76,000-$80,000, covering only room, board, and fees since tuition is completely covered by the college's endowment.
Only 22.55% of students take federal loans, reflecting the school's unique full-tuition scholarship model. Just 8.82% receive additional financial aid beyond the automatic tuition waiver. The 105-student enrollment means this generous policy costs the institution millions annually but creates an unmatched value proposition. Engineering graduates here get top training without the typical $100,000+ debt load that crushes other STEM students. Middle-class families get the best deal, often paying less than community college costs for a specialized engineering degree that opens doors to lucrative naval architecture careers.
Only 22.55% of students take federal loans, reflecting the school's unique full-tuition scholarship model. Just 8.82% receive additional financial aid beyond the automatic tuition waiver. The 105-student enrollment means this generous policy costs the institution millions annually but creates an unmatched value proposition. Engineering graduates here get top training without the typical $100,000+ debt load that crushes other STEM students. Middle-class families get the best deal, often paying less than community college costs for a specialized engineering degree that opens doors to lucrative naval architecture careers.
Official Net Price Calculator
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Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.