The Worcester Polytechnic Institute Presidential Scholarship is awarded to first-year applicants based on academic performance in high school, recommendations, leadership, extracurricular involvement, and community service. This scholarship varies in amount and is renewable for four years. IB diploma graduates with a diploma score of 40 or greater admitted to WPI are guaranteed an academic merit-based Presidential scholarship worth a minimum of $25,000. Students are automatically considered for this scholarship upon admission. As part of the admission requirements, students must submit a school counselor's letter of recommendation and a teacher's letter of recommendation. Early Decision applicants are required to submit the Early Decision Agreement.