Franklin W Olin College of Engineering
Franklin W. Olin College of Engineering occupies a modern 70-acre campus in suburban Needham, Massachusetts. The college emphasizes collaboration and hands-on learning within its small, close-knit student body. Olin is distinctive for its project-based curriculum and focus on innovation, and all students receive a merit-based scholarship covering a significant portion of tuition.
Financial Aid
The sticker price is rarely what families actually pay. Franklin W Olin College of Engineering's grant and scholarship aid lowers the net price for most income brackets. 13% of students receive Pell Grants; 22% take federal loans.
Average net price across income brackets is $18,499, roughly 71% lower than the published tuition.
Net Price by Family Income
Academic Year 2025| Income Bracket | Avg Net Price | 4-Year Net Cost |
|---|---|---|
| $0 – $30K | $7,058 | $28,232 |
| $30K – $48K | $4,690 | $18,760 |
| $48K – $75K | $13,333 | $53,332 |
| $75K – $110K | $21,098 | $84,392 |
| $110K+ | $46,317 | $185,268 |
| Sticker price (no aid) | $64,458 | $257,832 |
Programs at Franklin W Olin College of Engineering
2 degree programs ranked by DegreeOutlook Score. Click any program for AI scenario analysis and 10-year earnings projections.
| Degree Program | DW Score | 1-yr Earnings | AI Risk | ROI |
|---|---|---|---|---|
| Engineering Compare across schools → |
63
|
$109,455/yr | High | 4.0x |
| Mechanical Engineering Compare across schools → |
63
|
$87,590/yr | Very High | 3.1x |