- The Inkwell
- Massachusetts
- Franklin W Olin College of Engineering
Needham, MASuburb: largeZIP 02492Founded 1997
- Sector
- Private nonprofit
- Founded
- 1997
- Carnegie class
- Special focus: engineering & technology
- Highest degree
- Bachelor's degree
- Federal aid since
- 2006
- Website
- www.olin.edu
MassachusettsPrivate nonprofit
Franklin W Olin College of Engineering
Franklin W Olin College of Engineering is a private nonprofit college in Needham, Massachusetts, with 377 undergraduates. It admits 25% of applicants, graduates 96% within six years and costs $17,057 a year after aid.
96%graduate
Admission rate25%
Retention98%
4-year graduation69%
Pell Grant share19%
Federal loans25%
$17,057net price / year
25%admission rate
1520average SAT
96%graduate in 6 years
$138,832median earnings, 10 yrs
$13,845median debt
#5 of 1,704 for earnings#635 of 1,739 for lowest net price#16 of 1,738 for graduation rate#91 of 1,552 for selectivity
what it costs
Cost and net price
Net price is the average annual cost after grants and scholarships for full-time students who receive federal aid; it varies with family income.
Published cost
- Cost of attendance
- $89,669tuition, fees, housing, books, per year
- Tuition & fees, in-state
- $69,378
- Tuition & fees, out-of-state
- $69,378
- Average net price
- $17,057national median $19,980
Net price by family income
$0–30,000$14,942
$30,001–48,000$40,465
$48,001–75,000$24,128
$75,001–110,000—
$110,001+$35,800
getting in
Admissions and test scores
Admission
- Admission rate
- 25%national median 77%
- Average SAT
- 1520
- SAT reading, middle 50%
- 723–768
- SAT math, middle 50%
- 770–790
- ACT composite, middle 50%
- —
Against the national median
Admission rate · this college25%
Admission rate · U.S. median77%
Retention · this college98%
Retention · U.S. median76%
Graduation · this college96%
Graduation · U.S. median55%
Pell share · this college19%
Pell share · U.S. median39%
after enrolling
Graduation, earnings and debt
Completion
- Graduation rate, 6 years
- 96%within 150% of normal time
- Graduation rate, 4 years
- 69%
- First-year retention
- 98%
- Award within 8 years, all students
- 94%
Earnings and debt
- Median earnings, 6 years after entry
- $112,623
- Median earnings, 10 years after entry
- $138,832middle 50%: $99,931–$201,971
- Median debt at graduation
- $13,845
- 3-year loan default rate
- 0%
Earnings ten years after entry
Upper quarter$201,971
Median, Franklin W Olin College of Engineering$138,832
Lower quarter$99,931
U.S. median, all colleges$58,886
Former students working and not enrolled · College Scorecard
who studies here
Students and faculty
Undergraduates
- Degree-seeking undergraduates
- 377
- Part-time
- 0.3%
- Women / men
- 47% / 53%
- Average age at entry
- 19.7
- First-generation students
- —
- Pell Grant recipients
- 19%
Faculty and resources
- Student-to-faculty ratio
- 9 : 1
- Full-time faculty
- 92%
- Average faculty salary
- $15,357 / month
- Instructional spending per student
- $33,960
- Endowment, end of year
- $425,936,000
Race and ethnicity, undergraduates
White42%
Hispanic12%
Black2.1%
Asian24%
Two or more races8.2%
U.S. nonresident7.4%
Unknown4.5%
1 fields of study
Most popular fields
Share of bachelor’s degrees awarded, by broad field (CIP family).
Engineering100%
keep comparing
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|---|---|---|---|
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| Hult International Business School Cambridge, MA | $47,733 | 60% | — |
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Same Carnegie class, similar price
| College | Net price | Grad. | Earnings |
|---|---|---|---|
| Webb Institute Glen Cove, NY | $14,510 | 88% | — |
| Academy College Bloomington, MN | $36,485 | 71% | $55,715 |
| Neumont College of Computer Science Salt Lake City, UT | $36,138 | 58% | — |
| Rose-Hulman Institute of Technology Terre Haute, IN | $43,360 | 74% | $107,683 |
| California Aeronautical University Bakersfield, CA | $46,310 | 41% | $46,345 |
Source: College Scorecard, U.S. Department of Education — institution file, most recent cohorts. UNITID 441982. Founding year, motto and memberships: Wikidata Q5492094.