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IPEDS ID: 441982
OPE ID: 03946300
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Franklin W Olin College of Engineering
1000 Olin Way, Needham, Massachusetts 02492-1200
General information:  (781) 292-2300
Website:  www.olin.edu/
Type:  4-year, Private not-for-profit
Awards offered:  Bachelor's degree
Campus setting:  Suburb: Large
Campus housing:  Yes
Student population:  386 (all undergraduate)
Student-to-faculty ratio:  8 to 1
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open-close General Information
Admissionswww.olin.edu/admission
Apply Onlinewww.olin.edu/admission/apply/
Financial Aidwww.olin.edu/admission/costs-financial-aid/
Net Price Calculatornpc.collegeboard.org/student/app/olin
Tuition Policies for Servicemembers and Veteranswww.olin.edu/admission-financial-aid-afford/understanding-your-aid
Disability Serviceswww.olin.edu/student-life-disability-services/information-students
Athletic Graduation Rates
Mission Statement
  www.olin.edu/about
Special Learning Opportunities
Study abroad
Undergraduate research (co-curricula)
Student Services
Academic/career counseling service
Employment services for students
Placement services for completers
Undergraduate students enrolled who are formally registered with office of disability services
19.00%
Carnegie Classification
Special Focus Four-Year: Engineering and Other Technology-Related Schools
Religious Affiliation
Not applicable
Federal Aid
Eligible students may receive Pell Grants and other federal aid (e.g. Direct Loans).
For-credit instruction programs offered
Academic
Noncredit education offered
Institution does not offer noncredit education
Credit Accepted
Institution does not accept dual, credit for life, or AP credits
Faculty and graduate assistants by primary function, Fall 2022Full timePart time
Total faculty487
Instructional477
Research and public service10
Total graduate assistants-0
Instructional-0
Research-0
open-close Tuition, Fees, and Estimated Student Expenses
Estimated Expenses for Full-time Beginning Undergraduate Students
  • Beginning students are those who are entering postsecondary education for the first time.
Estimated expenses for academic year2019-20202020-20212021-20222022-2023% change 2021-2022 to 2022-2023
Tuition and fees$55,500$57,356$58,998$60,7663.0%
Books and supplies$200$200$200$2168.0%
Living arrangement
On Campus
Room and board$16,872$17,460$17,984$18,5243.0%
Other$1,714$1,830$1,842$1,9807.5%
Total Expenses2019-20202020-20212021-20222022-2023% change 2021-2022 to 2022-2023
On Campus$74,286$76,846$79,024$81,4863.1%
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This calculator uses estimated student expenses data to estimate the total tuition and fees charged over the duration of a typical 4-year program at this school.
1. Select starting academic year
2. Select tuition inflation rate
 
 
% (0-100 allowed)
  • The output is only an estimate and not a guarantee of the actual amount the student may be charged; it is not binding on the Secretary, the institution of higher education, or the State; and it may change, subject to the availability of financial assistance, State appropriations, and other factors. The student must complete the Free Application for Federal Student Aid (FAFSA) to be eligible for, and receive, an actual financial aid award that includes federal grant, loan, or work-study assistance.
  • The estimated price does not include room and board, books and supplies, &c. (where applicable) and is based on previous years' tuition and fees data. Tuition and fees may vary by program. Please contact this institution for detailed price information.
  • Estimated yearly tuition and fees may not sum to totals because of rounding.
Estimate the total tuition and fee costs over the duration of a typical program.
 Multiyear Tuition Calculator
  • Cost of Attendance updates are based on a recent (prior or current year) cost survey.; Tuition and fee charges increased/decreased when compared to last year.; First-year students must live on campus.; The Tuition and Fees includes the estimated cost of a computer required for all students.;
Alternative Tuition Plans and Promise Program
Type of PlanOffered
Tuition guarantee plan
Prepaid tuition plan
Tuition payment planX
Other alternative tuition plan
  • Does not participate in Promise program
open-close Financial Aid
Undergraduate Student Financial Aid, 2021-2022
Full-time Beginning Undergraduate Students
  • Beginning students are those who are entering postsecondary education for the first time.
Type of AidNumber awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid awarded
Any student financial aid191100%————
Grant or scholarship aid91100%$3,687,532$40,522
Federal grants1213%$69,225$5,769
Pell grants1213%$62,490$5,208
Other federal grants55%$6,735$1,347
State/local government grant or scholarships00%$0—
Institutional grants or scholarships91100%$3,618,307$39,762
Student loan aid2730%$244,126$9,042
Federal student loans2629%$123,408$4,746
Other student loans(*)3%(*)(*)
  • 1 Includes students awarded Federal work study aid and aid from other sources not listed above.
  • (*) Number awarded aid and total and average amounts of aid awarded are withheld to preserve the privacy of individuals.
All Undergraduate Students
Type of AidNumber awarded aidPercent awarded aidTotal amount of aid awardedAverage amount of aid awarded
Degree/certificate-seeking
Grant or scholarship aid1361100%$14,345,905$39,739
Pell grants4813%$242,749$5,057
Federal student loans8223%$409,603$4,995
Non-degree/non-certificate-seeking
Grant or scholarship aid100%$0—
  • 1 Grant or scholarship aid includes aid awarded, from the federal government, state or local government, the institution, and other sources known by the institution.

  • For more information on Student Financial Assistance Programs or to apply for financial aid via the web, visit Federal Student Aid.
open-close Net Price
Average Net Price for Full-Time Beginning Students
Full-time beginning undergraduate students who were awarded grant or scholarship aid from federal, state or local governments, or the institution.
2019-20202020-20212021-2022
Average net price$34,297$38,777$38,502
Full-time beginning undergraduate students who were awarded Title IV aid by income.
Average net price by Income2019-20202020-20212021-2022
$0 – $30,000$2,008$324$1,819
$30,001 – $48,000$859$1,903$680
$48,001 – $75,000$14,300$8,308$11,292
$75,001 – $110,000$17,308—$26,970
$110,001 and more$35,262$40,284$45,759
  • Average net price is generated by subtracting the average amount of federal, state/local government, or institutional grant or scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees, books and supplies, and the weighted average for room and board and other expenses.
  • Beginning students are those who are entering postsecondary education for the first time.
  • Title IV aid to students includes grant aid, work study aid, and loan aid. These include: Federal Pell Grant, Federal Supplemental Educational Opportunity Grant (FSEOG), Academic Competitiveness Grant (ACG), National Science and Mathematics Access to Retain Talent Grant (National SMART Grant), Teacher Education Assistance for College and Higher Education (TEACH) Grant, Federal Work-Study, Federal Perkins Loan, Subsidized Direct or FFEL Stafford Loan, and Unsubsidized Direct or FFEL Stafford Loan. For those Title IV recipients, net price is reported by income category and includes students awarded federal aid even if none of that aid was provided in the form of grants. While Title IV status defines the cohort of student for which the data are reported, the definition of net price remains the same – total cost of attendance minus grant aid.
Net Price Calculator
An institution’s net price calculator allows current and prospective students, families, and other consumers to estimate the net price of attending that institution for a particular student.
Visit this institution's net price calculator
open-close Enrollment
Fall 2022
Total enrollment (all undergraduate)386
Undergraduate transfer-in enrollment1
Attendance StatusStudent Gender
Attendance Status: Full-time: 92% Part-time: 8%Student Gender: Male: 50% Female: 50%
Student Race/ethnicity
Student Race/ethnicity: American Indian or Alaska Native: 0% Asian: 20% Black or African American: 3% Hispanic/Latino: 9% Native Hawaiian or other Pacific Islander: 0% White: 40% Two or more races: 10% Race/ethnicity unknown: 9% U.S. Nonresident: 8%
Undergraduate Student AgeUndergraduate Student Residence
Undergraduate Student Age: 24 and under: 97% 25 and over: 0% Age unknown: 2%Undergraduate Student Residence: In-state: 12% Out-of-state: 79% Foreign countries: 9% Unknown: 0%
  • Age data are reported for Fall 2021.
  • Residence data are reported for first-time degree/certificate-seeking undergraduates.
Undergraduate Distance Education Status
Undergraduate Enrollment by Distance Education Status: Enrolled exclusively in distance education courses: 0% Enrolled in some, but not all, distance education courses: 0% Not enrolled in any distance education courses: 100%
open-close Admissions
Undergraduate application fee (2022-2023): $85
Undergraduate Admissions Fall 2022
TotalMaleFemale
Number of applicants862646216
Percent admitted19%12%39%
Percent admitted who enrolled45%54%38%
Admissions ConsiderationsRequired to be consideredNot required, but consideredNot considered
Secondary school GPAX
Secondary school rankX
Secondary school recordX
Completion of college-preparatory programX
RecommendationsX
Formal demonstration of competenciesX
Work experienceX
Personal statement or essayX
Legacy statusNot applicableX
Admission test scoresRequired to be consideredNot required, but considered (Test Optional)Not considered (Test Blind)
SAT / ACTX
Other Test (Wonderlic,WISC-III,etc)X
English Proficiency TestX
Test Scores: Fall 2022 (enrolled first-time students)
Students submitting scoresNumberPercent
SAT3648%
ACT1824%
Test Scores25th Percentile*50th Percentile** (median)75th Percentile***
NOTES:
*   25% of students scored at or below
**  50% of students scored above and 50% scored below (i.e., midpoint of the test score distribution)
*** 25% of students scored above
SAT Evidence-Based Reading and Writing720740770
SAT Math770780790
ACT Composite353535
ACT English353536
ACT Math343536
  • Data apply to first-time degree/certificate-seeking students.
  • Institutions are asked to report test scores only if they are required for admission. If an institution reports less than 5 students for any of the test scores, percentiles are not reported.
  • We have extended our temporary suspension of the testing requirement through the 2024 application cycle (for fall 2024 enrollment). Students who do not submit scores will not be penalized nor will they be at a disadvantage in Olin’s application process.
open-close Retention and Graduation Rates
First-to-Second Year Retention Rates

Retention rates measure the percentage of first-time students who are seeking bachelor's degrees who return to the institution to continue their studies the following fall.

Retention Rates for First-Time Students Pursuing Bachelor's Degrees
Student retention: Full-time students: 99%
Percentage of Students Who Began Their Studies in Fall 2021 and Returned in Fall 2022
Overall Graduation Rate and Transfer-Out Rate

The overall graduation rate is also known as the "Student Right to Know" or IPEDS graduation rate. It tracks the progress of students who began their studies as full-time, first-time degree- or certificate-seeking students to see if they complete a degree or other award such as a certificate within 150% of "normal time" for completing the program in which they are enrolled.

Some institutions also report a transfer-out rate, which is the percentage of the full-time, first-time students who transferred to another institution without completing at the current institution.

Note that not all students at the institution are tracked for these rates. Students who have already attended another postsecondary institution, or who began their studies on a part-time basis, are not tracked for this rate. At this institution, 82 percent of entering students were counted as "full-time, first-time" in 2022.

Overall Graduation and Transfer-Out Rates for Students Who Began Their Studies in Fall 2016
Overall graduation rate: Overall graduation rate: 94% Transfer-out rate: 3%
Percentage of Full-time, First-Time Students Who Graduated or Transferred Out Within 150% of "Normal Time" to Completion for Their Program
Bachelor's Degree Graduation Rates

Bachelor’s degree graduation rates measure the percentage of entering students beginning their studies full-time and are planning to get a bachelor’s degree and who complete their degree program within a specified amount of time.

Graduation Rates for Students Pursuing Bachelor's Degrees
Bachelor's degree rate: [Began in Fall 2014] 4-year: 80% 6-year: 94% 8-year: 95% [Began in Fall 2016] 4-year: 82% 6-year: 94%
Percentage of Full-time, First-time Students Who Graduated in the Specified Amount of Time and Began in Fall 2014 or Fall 2016
6-Year Graduation Rate by Gender for Students Pursuing Bachelor's Degrees
6-Year Graduation Rate by Gender for Students Pursuing Bachelor's Degrees: Male: 88% Female: 100%
Percentage of Full-time, First-time Students Who Began Their Studies in Fall 2016 and Received a Degree or Award Within 150% of "Normal Time" to Completion for Their Program
6-Year Graduation Rate by Race/Ethnicity for Students Pursuing Bachelor's Degrees
6-Year Graduation Rate by Race/Ethnicity for Students Pursuing Bachelor's Degrees: Asian: 86% Black or African American: 50% Hispanic/Latino: 86% White: 96% Two or more races: 100% Race/ethnicity unknown: 100% U.S. Nonresident: 100%
Percentage of Full-time, First-time Students Who Began Their Studies in Fall 2016 and Received a Degree or Award Within 150% of "Normal Time" to Completion for Their Program
open-close Outcome Measures
  • Alternative measures of student success are reported by degree-granting institutions to describe the outcomes of degree/certificate-seeking undergraduate students who are not only first-time, full-time students, but also part-time attending and non-first-time (transfer-in) students. These measures are also reported for students receiving Pell grants and those students that do not receive Pell grants. These measures provide the 8-year award-completion rates by award level (certificates, associate's and bachelor degrees) after entering an institution. For students who did not earn any undergraduate award after 8-years of entry, the enrollment statuses are reported as either still enrolled at the institution, or subsequently transferred out of the institution. Unlike the Graduation Rates data, all reporting institutions must report on their transfer outs regardless if the institution has a mission that provides substantial transfer preparation.
FULL-TIME, FIRST-TIME DEGREE/CERTIFICATE-SEEKING UNDERGRADUATES WHO ENTERED IN 2014-15
Award and enrollment rate: [All students] Received a Bachelor's degree: 95% Enrolled at same institution: 0% Enrolled at different institution: 4% [Pell] Received a Bachelor's degree: 100% Enrolled at same institution: 0% Enrolled at different institution: 0% [Non-Pell] Received a Bachelor's degree: 94% Enrolled at same institution: 0% Enrolled at different institution: 4%
FULL-TIME, NON-FIRST-TIME DEGREE/CERTIFICATE-SEEKING UNDERGRADUATES WHO ENTERED IN 2014-15
Award and enrollment rate: [All students] Received a Bachelor's degree: 100% Enrolled at same institution: 0% Enrolled at different institution: 0% [Pell] Received a Bachelor's degree: 100% Enrolled at same institution: 0% Enrolled at different institution: 0% [Non-Pell] Received a Bachelor's degree: 100% Enrolled at same institution: 0% Enrolled at different institution: 0%
open-close Programs/Majors
Completions (Number of awards conferred) 2021-2022
Completions are the number of awards conferred by program and award level.
sort byProgramBachelor
  • Data shown are for first majors.
  • (-) Program is not offered at this award level.
Engineering
Electrical and Electronics Engineering19
Engineering, General38
Mechanical Engineering15
Category total72
Grand total72
open-close Servicemembers and Veterans
Services and Programs for Servicemembers and Veterans
Yellow Ribbon Program (officially known as Post-9/11 GI Bill, Yellow Ribbon Program)
Tuition policies specifically for Veterans and Servicemembers
Educational Benefits, 2021-2022
Number of students receiving benefits/assistance
Number of students receiving benefits/assistance: Post-9/11 GI Bill Benefits - undergraduates: 0 DoD Tuition Assistance Program - undergraduates: 0
open-close Varsity Athletic Teams
  • No varsity sports data reported for this institution. Data on varsity athletics are submitted annually as required by the Equity in Athletics Disclosure Act (EADA), by all co-educational postsecondary institutions that have an intercollegiate athletics program. For the most recent data collection, EADA did not collect data on varsity athletics for programs that were cancelled due to the Coronavirus Pandemic.
open-close Accreditation
Institutional Accreditation
AccreditorStatusNext Review Date
New England Commission of Higher EducationAccredited since (04/12/2006)12/31/2031
  • For more detailed information on accreditation for this institution, including all actions and justification for actions, visit OPE's Database of Accredited Postsecondary Institutions and Programs: ope.ed.gov/dapip/#/institution-profile/170286.
open-close Campus Security and Safety
On-Campus
Criminal Offenses201920202021
a. Murder/Non-negligent manslaughter000
b. Negligent manslaughter000
c. Rape010
d. Fondling000
e. Incest000
f. Statutory Rape000
g. Robbery000
h. Aggravated assault000
i. Burglary000
j. Motor vehicle theft000
k. Arson000
  • For 2020, Line C was changed from 0 to 1 because a report was missed due to a staffing transition.
VAWA Offenses201920202021
a. Domestic violence000
b. Dating violence000
c. Stalking001
Arrests201920202021
a. Weapons: carrying, possessing, etc.000
b. Drug abuse violations000
c. Liquor law violations000
Disciplinary Actions201920202021
a. Weapons: carrying, possessing, etc.000
b. Drug abuse violations000
c. Liquor law violations105
On-Campus Student Housing Facilities
  • On-campus Student Housing Facilities statistics are a subset of On-Campus statistics.
Criminal Offenses201920202021
a. Murder/Non-negligent manslaughter000
b. Negligent manslaughter000
c. Rape010
d. Fondling000
e. Incest000
f. Statutory Rape000
g. Robbery000
h. Aggravated assault000
i. Burglary000
j. Motor vehicle theft000
k. Arson000
  • For 2020, Line C was changed from 0 to 1 because a report was missed due to a staffing transition.
VAWA Offenses201920202021
a. Domestic violence000
b. Dating violence000
c. Stalking001
Arrests201920202021
a. Weapons: carrying, possessing, etc.000
b. Drug abuse violations000
c. Liquor law violations000
Disciplinary Actions201920202021
a. Weapons: carrying, possessing, etc.000
b. Drug abuse violations000
c. Liquor law violations105
  • The crime data reported by the institutions have not been subjected to independent verification by the U.S. Department of Education. Therefore, the Department cannot vouch for the accuracy of the data reported here.
  • The crime statistics displayed only includes On-Campus data associated with the main campus as listed on College Navigator. For statistics associated with each campus location, off campus data, and for additional information covering Hate Crimes, and Fire statistics see https://ope.ed.gov/campussafety.
  • The On-Campus data do not include incidents that: (a) took place on public property, including thoroughfares, streets, sidewalks, and parking facilities, that is within the campus, or immediately adjacent to and accessible from the campus; (b) took place on any building or property owned or controlled by a student organization that is officially recognized by the institution; or (c) took place on any building or property owned or controlled by an institution that is used in direct support of, or in relation to, the institution's educational purposes, is frequently used by students, and is not within the same reasonably contiguous geographic area of the institution.
open-close Cohort Default Rates
Three-year Official Cohort Default Rates
Fiscal Year201920182017
Default rate0.0%0.0%0.0%
Number in default000
Number in repayment484545
Aid Programs
  • Federal Direct Loan (Direct Loan)
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