Overview
Did you know that every admitted student at Olin receives a partial scholarship covering half of the tuition? Located in Needham, Massachusetts, Olin is known for its innovative engineering curriculum and emphasis on project-based learning and entrepreneurship.
There are currently 373 undergraduates at Olin College and the school’s acceptance rate is 22%. The tuition at Olin College is $64,458.
Technical College
Suburb
Scholarships & Financial Aid
$86,474
$65,899
$20,575
Cost Breakdown
Estimated Cost:
$86,474The sticker price at Olin College is $86,474. This includes the cost of tuition and fees, room and board, books and supplies, and other miscellaneous expenses.
The cost of attendance can vary from year to year and will typically rise over your four years in college. That said, colleges will recalculate your financial aid every year to take price increases and changes in your financial situation into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Olin College would look like for you, try entering your financial information into their Net Price Calculator.
Franklin W Olin College of Engineering Financial Aid
To apply for financial aid at Franklin W Olin College of Engineering, you’ll need to submit the Free Application for Federal Student Aid (FAFSA).
The FAFSA uses financial information from the prior, prior year. That means you can submit the form even if you or your parents haven’t filed last year’s taxes.
The FAFSA code for Franklin W Olin College of Engineering is 039463.
If you are looking for more information on how to complete the FAFSA, check out Scholarships360’s How to Complete the FAFSA Guide.
Using State Grants at Olin College
Massachusetts residents who are considering Olin College should be sure to look into state grants to help fund your education. Massachusetts has a wide variety of programs, including the need-based tuition waiver program, the MASSGrant, the Massachusetts Gilbert Matching Student Grant Program, and MCAS Scholarships. The John and Abigail Adams Scholarship, which is for students who performed well on the MCAS, offers a tuition waiver for up to eight semesters of public school.
Apply to these scholarships due soon
See more Massachusetts scholarshipsPell Grants at Franklin W Olin College of Engineering
17% of students at Franklin W Olin College of Engineering receive Pell Grants.
The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.
Outside Scholarships
Students can use outside scholarships to supplement their financial aid package at Olin College. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:
Franklin W Olin College of Engineering Financial Aid Resources
For more information about financial aid at Olin College, or for questions that are specific to your financial situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.olin.edu/admission/costs-financial-aid
- Email: finaid@olin.edu
- Phone: 781-292-2215
Admissions
22%
35
1520
Is Olin College test-optional?
Franklin W Olin College of Engineering is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.
What is the application deadline at Olin College?
Regular Decision
Academics
Student/Faculty Ratio
9:1
Graduation Rate
92%
Student Body
Undergraduate Students
373
Pell Grant 13%
Part-Time Undergrad Students 0%
Percent Male / Female 52% / 48%
Ethnic Diversity at Olin College
42% White
22% Asian / Pacific Islander
11% Hispanic
10% Multiracial
8% International / Non-Citizen
4% Unknown
3% Black
Student Outcomes
Graduate Income
$129,455
Median Debt $19,500
Debt 10 years after graduation $207
Graduation Rate 92%
What is the graduation rate at Franklin W Olin College of Engineering?
92% of students who start at Franklin W Olin College of Engineering finish their degree within six years of enrolling. This is 34% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Franklin W Olin College of Engineering go on to earn?
The median income of students 10 years after starting at Franklin W Olin College of Engineering is $129,455. This is $79,064 more than the national median.
This data is from the College Scorecard, which only surveys students from Franklin W Olin College of Engineering who received federal financial aid.
Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.
How much do students at Olin College take out in loans?
Graduates of Olin College take out a median of $19,500 in federal student loans. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
If you represent Franklin W Olin College of Engineering and would like to make any corrections or supplement your college profile with additional information, you can fill out our free Premium Profile questionnaire here.
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