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Franklin W. Olin College of Engineering

Needham, MA
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Tuition & Aid
Bottom line

Olin was founded on the premise that financial considerations should not stand in the way of an excellent engineering education, and hence all enrolled students receive a 50 percent tuition scholarship, making tuition $21,000 a year, with an additional estimated $15,000 in additional expenses and fees.
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Visiting And Contact Information

Needham, MA 02492-1245

United States

Phone: 781-292-2222

Fax: 781-292-2210

Website

Financial Aid Statistics

Receiving any financial aid

Average Freshman Total Need-Based Gift Aid
$33,644
Average Undergraduate Total Need-Based Gift Aid
$33,899
Average Need-Based Loan
$3,130
Average amount of loan debt per graduate
$16,092
Undergraduates who have borrowed through any loan program
13%
Average amount of each freshman scholarship/grant package
$37,664
Financial aid provided to international students
Yes

Expenses per Academic Year

Tuition
$43,500
Required Fees
$525
Average Cost for Books and Supplies
$300
Tuition / Fees Vary by Year of Study
No
Available Aid
Financial Aid Methodology Used:Federal
Scholarships and Grants:Federal Pell
SEOG
College / University Scholarships
Federal Direct Student Loan Programs:Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct PLUS Loans
Is Institutional Employment Available (other than Federal Work Study):No
Direct Lender:Yes

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Financial Aid Application Process

Financial Aid Application Deadline
February
15
Freshman Financial Aid Notification Date
March
21
  • Required Forms
  • FAFSA
Office Phone Number :781-292-2343

Tuition and Aid

  • Financial Aid Rating:
    99
  • Tuition:
    $43,500
  • Ugrads receiving need-based financial aid:
    100%
  • Avg % of Need Met:
    99%
  • Avg Financial Aid Package:
    $37,674
  • Financial Aid Application Deadline:
    02/15
  • Financial Aid Notification Date:
    03/21
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