UnisHub University Compass

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

0 · 0 reviews

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
Carnegie Classification: Doctoral Universities: Very High Research 4-Year Focus - Business & Management
Campus Setting: Located in a large suburb (outside principal city, 250,000+ population)
Tuition: 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: 134 Full-time: 121 Part-time: 13

Degree Programs & Career Salary Prospects

Explore degree programs offered at Franklin W Olin College of Engineering with detailed career prospects, starting salary ranges, and job opportunities in Massachusetts. See what you can do with your degree and expected earnings after graduation.

How to use this guide:
Click on any academic field that interests you to expand and view available degree programs. Each program shows potential career paths, median salaries in Massachusetts vs national averages, and job prospects for graduates. Perfect for answering "What can I do with my degree?" and salary expectations.
Engineering (3)
Engineering Sciences and Applied Technology Solutions
14.0101 Engineering, General. (Cert2y+)
A program that generally prepares individuals to apply mathematical and scientific principles to solve a wide variety of practical problems in industry, social organization, public works, and commerce. Includes instruction in undifferentiated and individualized programs in engineering.

Graduate Career Earnings in Massachusetts

Average graduate salary for this degree:
SOC Code Occupation US National Massachusetts Avg MA vs US
11-9041 Architectural and Engineering Managers $175,710 $185,640 +$9,930 (+5.7%)
17-2199 Engineers, All Other $121,720 $112,750 -$8,970 (-7.4%)
25-1032 Engineering Teachers, Postsecondary $119,340 $129,430 +$10,090 (+8.5%)
14.1001 Electrical and Electronics Engineering. (Cert2y+)
A program that prepares individuals to apply mathematical and scientific principles to the design, development and operational evaluation of electrical and electronic systems and their components, including electrical power generation systems; and the analysis of problems such as superconductor, wave propagation, energy storage and retrieval, and reception and amplification.

Graduate Career Earnings in Massachusetts

Average graduate salary for this degree:
SOC Code Occupation US National Massachusetts Avg MA vs US
11-9041 Architectural and Engineering Managers $175,710 $185,640 +$9,930 (+5.7%)
17-2011 Aerospace Engineers $141,180 $148,160 +$6,980 (+4.9%)
17-2061 Computer Hardware Engineers $156,770 $159,500 +$2,730 (+1.7%)
17-2071 Electrical Engineers $120,980 $116,510 -$4,470 (-3.7%)
17-2072 Electronics Engineers, Except Computer $132,500 $117,970 -$14,530 (-11%)
25-1032 Engineering Teachers, Postsecondary $119,340 $129,430 +$10,090 (+8.5%)
14.1901 Mechanical Engineering. (Cert2y+)
A program that prepares individuals to apply mathematical and scientific principles to the design, development and operational evaluation of physical systems used in manufacturing and end-product systems used for specific uses, including machine tools, jigs and other manufacturing equipment; stationary power units and appliances; engines; self-propelled vehicles; housings and containers; hydraulic and electric systems for controlling movement; and the integration of computers and remote control with operating systems.

Graduate Career Earnings in Massachusetts

Average graduate salary for this degree:
SOC Code Occupation US National Massachusetts Avg MA vs US
11-9041 Architectural and Engineering Managers $175,710 $185,640 +$9,930 (+5.7%)
13-1051 Cost Estimators $83,160 $115,010 +$31,850 (+38.3%)
17-2011 Aerospace Engineers $141,180 $148,160 +$6,980 (+4.9%)
17-2141 Mechanical Engineers $110,080 $112,370 +$2,290 (+2.1%)
25-1032 Engineering Teachers, Postsecondary $119,340 $129,430 +$10,090 (+8.5%)

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 4 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 2022-2023 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.

Campus map for Spa Tech Institute, Westboro
Spa Tech Institute, Westboro
227 Turnpike Rd. - Suite 1, Westborough, MA 01581
View Profile
Campus map for Spa Tech Institute, Plymouth
Spa Tech Institute, Plymouth
59 Industrial Park Rd, Plymouth, MA 02360
View Profile
Campus map for DiGrigoli School of Cosmetology
DiGrigoli School of Cosmetology
1578 Riverdale St, West Springfield, MA 01089
View Profile