Franklin W Olin College of Engineering

Needham, MA
PrivateSuburbanWebsite
Acceptance Rate
22%
Enrollment
373
Graduation Rate
92%
Student-Faculty Ratio
6:1
Median Earnings (10yr)
$129,455
Retention Rate
99%

Admissions

SAT Range (25th–75th)14801560
8001600
ACT Range (25th–75th)3435
136

Test Policy: Test Optional

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Cost & Financial Aid

In-State Tuition
$64,458
Out-of-State Tuition
$64,458
Avg Net Price
$20,575
Room & Board
$19,820
Total COA
$81,486
Median Debt
$19,500

Net Price by Family Income

$0–30,000
$7,058
$30,001–48,000
$4,690
$48,001–75,000
$13,333
$75,001–110,000
$21,098
$110,001+
$46,317
Pell Grant Rate: 13%
Federal Loan Rate: 22%

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Net Price Estimator

Estimate your actual cost after financial aid based on family income.

Sticker Price$84,278
Estimated Net Price$20,575 (avg)

This is a rough estimate based on published IPEDS data. Actual aid depends on your full financial profile, merit scholarships, and institutional policies.

Franklin W Olin College of Engineering's Official Net Price Calculator

Outcomes

Graduation Rate
92%
Median Earnings (10yr)
$129,455
Retention Rate
99%
Median Debt
$19,500

Top Programs

Engineering
100.0%

Top Majors

MajorGraduatesEarnings (4yr)
Mechanical Engineering36$96,456
Engineering, General35$114,228
Electrical, Electronics and Communications Engineering19

Demographics

Men 52%Women 48%
White
41.8%
Black
3.2%
Hispanic
11.0%
Asian
22.3%
Two or More
9.7%
International
7.8%

Application Info

Deadlines

REA2025-12-15
App Fee (Domestic)$85
App Fee (International)$85

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Data sourced from the U.S. Department of Education College Scorecard. Last updated January 2026.