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Franklin W Olin College of Engineering: cost, admission and results

Franklin W Olin College of Engineering is a private nonprofit college in Needham, Massachusetts. It has about 377 undergraduate students. It admits 25% of applicants. The average net price for students with federal aid is $17,057 a year.

At a glance

  • 25%Admission rate
  • $17,057Net price a year
  • 96%Graduation rate
  • $138,832Median earnings, 10 years on
Location
Needham, Massachusetts 02492
Type
Private nonprofit
Degrees
Mostly bachelor's degrees (four-year)
Setting
Suburb of a large city
Undergraduate students
377
Students per teacher
9 to 1
Accredited by
New England Commission on Higher Education
Website
olin.edu

Getting in

Franklin W Olin College of Engineering admits 25% of those who apply, which makes it selective. The median admission rate of colleges on this site that report one is 77%. The average SAT score of admitted students is 1520 out of 1600 (midpoints: 755 in reading and writing, 780 in maths). The midpoint ACT score is 35 out of 36.

What it costs

Tuition and fees for a year$69,378
Room and meals on campus$22,060
Books and supplies$240
Average full cost of a year (tuition, living, books), before aid$89,669
Average net price after grants and scholarships$17,057

The net price is what students who got federal aid paid on average for a year after grants and scholarships were taken off. It is 27% below the median net price of colleges in Massachusetts on this site ($23,444). International students normally pay the published tuition and do not receive US federal aid.

Net price by family income

Family income a yearAverage net price
Up to $30,000$14,942
$30,001 to $48,000$40,465
$48,001 to $75,000$24,128
$75,001 to $110,000not reported
Above $110,000$35,800

For students who received federal aid. A negative figure means grants were larger than the cost counted.

For an estimate that fits your own family, use the college's net price calculator.

Results

MeasureThis collegeMA medianUS median
Students who come back for a second year98%78%73%
Students who finish their degree (within one and a half times the normal length)96%63%49%
Median earnings 10 years after starting$138,832$65,950$53,132
Median federal loan debt of those who finish$13,845$22,089$19,994

Medians are the middle value of the colleges on this site in Massachusetts and in the whole country. Completion and return rates count first-time, full-time students. Earnings and debt count students who received federal aid.

The students

19% of undergraduates receive a Pell Grant, the federal grant for students from lower-income families. 25% take a federal student loan. The undergraduate body is 47% women and 53% men. By undergraduate numbers it is number 79 of the 88 colleges in Massachusetts on this site that report a size; the middle-sized one has 2,300.

Other colleges in Massachusetts of a similar size

Common questions

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

Franklin W Olin College of Engineering admits 25% of applicants, according to the College Scorecard.

How much is tuition at Franklin W Olin College of Engineering?

Published tuition and fees are $69,378 a year. Most students with aid pay less: see the net price.

What is the graduation rate of Franklin W Olin College of Engineering?

96% of first-time, full-time students finish within one and a half times the normal length of the course.

Source: College Scorecard, U.S. Department of Education, data released on 2 November 2026; checked in November 2026. Net price, debt and earnings describe students who received US federal aid. Costs change each year. This is official data for general information, not advice: confirm costs and admission rules on the college's own website and at collegescorecard.ed.gov.

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