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Franklin W Olin College of Engineering : Overview, Courses, Scholarships & Rankings

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About Franklin W Olin College of Engineering

Founded to rethink how engineers learn, Olin is known for project-centered courses, close-knit teams, and a build-test-repeat mindset. Faculty tend to teach like mentors, and classes blend design, computing, and human-centered problem solving with solid fundamentals. The culture feels collaborative and low-ego; students talk about the honor code, open studios, and the expectation that you share what you know.

Makerspaces, machine shops, and light-filled labs anchor campus life, backed by advising, career coaching, and wellness support that actually feels accessible. Clubs spin up around rockets, robotics, music, and maker arts, with intramurals and nearby trails when you need a breather. Through cross-registration with Babson and Wellesley, you can add business or arts to your toolkit. Proximity to Greater Boston's tech scene means company projects, internships, and mentors are part of the rhythm. Quirky traditions and student-built tools give the place its heartbeat.

Key Institutional Details

Contact & Profile

Location
1000 Olin Way, Needham, Massachusetts, 02492, USA
Website
olin.edu
Unit ID
441982

Academic & Institutional

Control
Private non-profit institution (tuition + donations)
Accreditation
NECHE
Length of Study
Programs under 2 years (e.g. certificate or diploma)
Calendar System
Semester system (two main terms per year)
Award Levels
Bachelor's
Campus Setting
Located in a large suburb (outside principal city, 250,000+ population)
Carnegie Classification
4-Year Focus - Business & Management
Tuition & Fees
In-State
$61,802
Tuition $59,972 + Fee $1,830
Out-of-State
$61,802
Tuition $59,972 + Fee $1,830
Student Profile
Total Students 402
Undergraduate 373
Graduate/Other 29
Male: 208 Female: 194
Applications
Total Applicants 928
Admitted 201
Enrolled 98
Acceptance: 21.7% Yield: 48.8%
Staff
Total Staff 134
Full-time 121
Part-time 13
Full-time: 90.3% Part-time: 9.7%

Academic Programs & Fields of Study

Franklin W Olin College of Engineering offers 3 degree programs across 1 major academic fields, graduating approximately 102 students annually. The most popular fields by graduate volume are Engineering (3 programs, 102 graduates). Explore program details, award levels, and graduate demographics below.

Engineering (3 programs, 102 graduates)
Engineering Sciences and Applied Technology Solutions
Program Name Graduates Gender Distribution Award Levels CIP Code
General Engineering 52
Bachelor's
14.0101
Mechanical Engineering 29
Bachelor's
14.1901
Electrical and Electronics Engineering 21
Bachelor's
14.1001

Admission Requirements & Test Scores

Comprehensive overview of admission criteria, standardized test score ranges, and application requirements for prospective students at Franklin W Olin College of Engineering.

Application Requirements

Secondary School GPA
Required
Secondary School Record
Required
College Preparatory Program
Required
Recommendations
Required
Formal Demonstration of Competencies
Neither required nor recommended
Personal Statement or Essay
Required
Standardized Test Scores
SAT Scores
The SAT is a standardized college admission test measuring reading, writing, and math skills. Scores range from 400-1600 (combined Evidence-Based Reading & Writing + Math sections).
Composite Score Range
1480 - 1560
25th-75th percentile
Evidence-Based Reading & Writing 720 - 770
Median: 750
Math 760 - 790
Median: 780
ACT Scores
The ACT is a standardized test for college admissions assessing English, math, reading, and science reasoning. Scores range from 1-36 (composite of all sections).
Composite Score Range
34 - 35
25th-75th percentile
English 34 - 35
Median: 35
Math 32 - 36
Median: 35

Data based on IPEDS for 2022-2023 academic year. Test score ranges represent the middle 50% of admitted students (25th-75th percentile). Requirements may vary by program.

Tuition, Fees & Estimated Costs

Overview of tuition rates, housing, and other annual education expenses for undergraduate and graduate students

Estimated Total Cost
(In-state)
$83,818
Estimated Total Cost
(Out-state)
$83,818
In-state Tuition (incl. fees)
$61,802
Tuition and fees for students residing in-state
Out-of-state Tuition (incl. fees)
$61,802
Tuition and fees for non-resident students
Room & Board
$19,820 (on-campus)
Housing and meal plan expenses
Books & Supplies
$216
Average yearly cost of books and study materials
Other Expenses
$1,980 (on-campus)
Miscellaneous personal and institutional expenses
Other Expenses (with family)
N/A
Estimated cost for students living with family
Graduate In-state Tuition (incl. fees)
N/A
Graduate tuition rates for in-state students
Graduate Out-of-state Tuition (incl. fees)
N/A
Graduate tuition rates for non-resident students

Financial Aid & Student Support

Summary of scholarships, grants, student loans, and financial aid statistics for undergraduate students

20%
FTFT Aid Recipients
Avg. Grant
$41,116
Avg. Loan
$10,155
Avg. Federal Loan
$4,300
Additional
Students with Any Grant
76
Students who received any type of grant aid
Students with Any Loan
20
Students who received any type of loan-based aid
Students with Federal Grant
16
Students who received a federal grant
Avg. Institutional Grant
$39,833
Average amount of institutional grant awarded

Student Success Metrics

Graduation rates and post-graduation earnings to help assess student outcomes and long-term value of education.

92%
Graduation Rate
Percentage of students who successfully graduate from the institution
99%
First-Year Retention Rate
Percentage of first-year students who continue for a second year
Median Earnings Over Time
Median Salary After 6 Years
$105,483
Average annual earnings of former students six years after starting college.
Median Salary After 10 Years
$129,455
Average annual earnings of former students ten years after starting college.

Loan Burden & Repayment Outcomes

Breakdown of loan repayment rates and student debt levels by income and dependency status.

3-Year Loan Repayment Rate
N/A
Share of borrowers who repaid loans within 3 years
Repayment Rate (Graduates Only)
N/A
Repayment rate among students who completed their program
Median Student Loan Debt
$19,500
Median federal loan debt of undergraduate completers at time of graduation.
Repayment by Income
Repayment by Dependency

Frequently Asked Questions

Find answers to the most common questions about Franklin W Olin College of Engineering

How much does it cost to attend Franklin W Olin College of Engineering?

The annual tuition at Franklin W Olin College of Engineering is $61,802 for in-state students. When including room and board, books, and other expenses, the total estimated cost is approximately $83,818 for in-state students. Additional costs include room and board $19,820 (on-campus) and books and supplies $216.

Data based on IPEDS program completions for 2022-2023 academic year. Tuition and cost estimates are approximate and may not include all fees, personal expenses, or transportation costs.

What academic programs and degree levels does Franklin W Olin College of Engineering offer?

Franklin W Olin College of Engineering offers 3 academic programs across 1 major fields of study, with available degree levels: Bachelor's.

Most popular program areas include:

  • Engineering Sciences and Applied Technology Solutions (3 programs)

Data based on IPEDS program completions for 2023-2024 academic year. Numbers reflect programs where students graduated, not all offered programs.

What is the acceptance rate for Franklin W Olin College of Engineering?

Franklin W Olin College of Engineering has an 21.7% acceptance rate and a 48.8% yield rate, making it highly selective.

Admission statistics breakdown:

  • Total applicants: 928
  • Students admitted: 201
  • Students enrolled: 98

Data based on IPEDS for 2022-2023 academic year. Admission statistics may vary by program and application cycle.

What financial aid and scholarships are available at Franklin W Olin College of Engineering?

Franklin W Olin College of Engineering provides financial aid to 20% of first-time, full-time students, with average grants of $41,116 and average loans of $10,155.

Average financial aid amounts by type:

  • Pell grants: $5,495
  • Institutional grants: $39,833
  • Federal loans: $4,300

The university supports 76 students with grants and 20 students with loans annually.

Data based on IPEDS for 2022-2023 academic year. Financial aid amounts and percentages may vary by program, enrollment status, and individual circumstances.

What is the average salary for Franklin W Olin College of Engineering graduates?

Franklin W Olin College of Engineering graduates earn a median salary of $105,483 after 6 years and $129,455 after 10 years.

Data based on IPEDS for 2022-2023 academic year. Salary data reflects graduates who received federal financial aid (approximately 60% of all graduates). Actual earnings may vary significantly based on program, location, and individual circumstances.

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