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How Affordable Is Milwaukee School of Engineering?

This guide covers the real cost of attending Milwaukee School of Engineering, spanning what it costs to attend, projected costs over a degree, net price, debt outcomes, and aid equity.

$60,439.00 Cost of Attendance
$22,453.00 Avg Net Price
$24,500.00 Median Grad Debt

Use the section links below to navigate this overview:

What Does It Cost to Attend Milwaukee School of Engineering?

The full cost of attending Milwaukee School of Engineering is about $60,439.00 per year.

Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.

Published Cost for Students (no aid)

Tuition and fees $50,480.00
+ Room, board & other expenses $9,959.00
Total cost $60,439.00
That is 84% above the national average net price.

Net Price for Students (with average aid)

Total cost $60,439.00
− Grants and scholarships −$40,195.00
Net price $20,244.00
That is 38% below the national average net price.

Average Net Price for Low-Income Undergraduates

Total cost $60,439.00
− Grants and scholarships −$51,041.00
Net price $9,398.00
That is 71% below the national average net price.
Go deeper on the components with the tuition & fees page and living costs.

Estimating the Total Cost of a Degree at Milwaukee School of Engineering

Published costs have climbed year over year at about 3.8% per year; the projections below compound that across a degree. The tables below project the cost forward across a full degree, side by side for a low-income student with aid, a typical student with average aid, and a student paying full sticker price with no aid. Loan math assumes ten-year repayment at 6.8% interest.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.8% 3.8% 3.8%
Freshman year $9,758.00 $21,019.00 $62,754.00
Senior year $10,923.00 $23,528.00 $70,244.00
Total 4-year net price $41,332.00 $89,032.00 $265,807.00
10-year loan interest @ 6.8% $15,746.00 $33,918.00 $101,263.00
Total monthly payment $476.00 $1,025.00 $3,059.00
Total amount paid $57,078.00 $122,950.00 $367,071.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.8% 3.8% 3.8%
Freshman year $9,758.00 $21,019.00 $62,754.00
Senior year $10,132.00 $21,824.00 $65,157.00
Total 2-year net price $19,890.00 $42,844.00 $127,911.00
10-year loan interest @ 6.8% $7,577.00 $16,322.00 $48,729.00
Total monthly payment $229.00 $493.00 $1,472.00
Total amount paid $27,467.00 $59,166.00 $176,640.00

See the full net-price breakdown in the net price section below.

What Families Actually Pay at Milwaukee School of Engineering

Net price reflects the true cost to attend after grant and scholarship aid is deducted. For most families it is a more realistic figure than the published cost.

Average net price (on-campus) $22,453.00
Average net price (off-campus) $24,021.00

The real cost varies by income because need-based aid scales with financial need. Below, average net price is broken out by family income:

Family income Average net price
Under $30,000 $14,869.00
$30,000 to $48,000 $15,403.00
$48,001 to $75,000 $17,233.00
$75,001 to $110,000 $22,123.00
Over $110,000 $31,207.00

For a personalized estimate, try the Milwaukee School of Engineering Net Price Calculator, or check with the financial aid office.

Dig into how aid is awarded on the grants & scholarships detail.

Graduate Debt at Milwaukee School of Engineering

The median graduating debt at Milwaukee School of Engineering stands at $24,500.00, categorized as a Moderate ($20-30k) debt-burden category.

Here’s how debt at graduation distributes across borrowers:

Percentile Debt at graduation
10th $5,500.00
25th $12,000.00
Median (50th) $24,500.00
75th $30,910.00
90th $39,352.00

The spread between the 10th and 90th percentiles reflects how variable debt outcomes are at this school.

Explore borrowing, repayment, and default in detail on the student loan debt page.

Debt Outcomes by Family Income at Milwaukee School of Engineering

Median debt at graduation differs meaningfully across income brackets. Below, debt is broken out by low, middle, and high family income:

Family income Median debt at graduation
Low income $24,500.00
Middle income $25,000.00
High income $24,146.00

On average, low-income graduates leave with $354.00 in extra median debt compared with high-income peers.

Debt by First-Generation Status at Milwaukee School of Engineering

Whether your parents attended college is associated with differences in median debt at graduation.

Student group Median debt at graduation
First-generation students $24,628.00
Continuing-generation students $24,500.00

First-generation borrowers from Milwaukee School of Engineering take on $128.00 more median debt than continuing-generation peers.

Debt and Pell Grant Eligibility at Milwaukee School of Engineering

Pell Grants are the largest source of federal need-based aid for undergrads. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.

The Pell-versus-non-Pell median debt difference at Milwaukee School of Engineering works out to $2,090.00. This school is flagged by the Department of Education for Pell-related debt inequity.

Default Rates and Repayment at Milwaukee School of Engineering

The federal default-rate tier for Milwaukee School of Engineering is Low (<5%).

Window Cohort default rate
2-year 2.4%

For scale, federal Stafford loan disbursements at Milwaukee School of Engineering reach $141,598,881.00 spread across 7,928 recipients.

GI Bill and Military Aid at Milwaukee School of Engineering

Veterans and active-duty servicemembers can tap dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.

GI Bill recipients 43
Avg GI Bill amount $20,559.00
DoD Tuition Assistance recipients 2
Avg DoD Tuition Assistance $4,000.00

For the full rundown of veteran and military benefits, see the college veterans page.

Things to Think About

Use the figures above as a launch point, then think through Milwaukee School of Engineering, the questions below are worth your time:

Explore Further into Milwaukee School of Engineering

Each page below covers one part of paying for college in more detail:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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