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Franklin W Olin College of Engineering

Needham, MA·Private nonprofit·373 students
Last updated: March 22, 2026

A good fit for competitive applicants and students who want small classes and close faculty access. no major red flags in the data. exceptional 92% graduation rate; generous financial aid cuts net price well below sticker.

22%
Accept
373
Students
$20,575
Net Price
92%
Grad Rate
N/A
Earnings
10 yr
$14,287
Debt

About This School

Franklin W Olin College of Engineering is a private nonprofit institution located in Needham, Massachusetts with approximately 373 undergraduate students enrolled. The school is moderately selective, accepting approximately 22% of applicants. The average net price after financial aid is $20,575 per year. The graduation rate is 92%.

This is a strong option for serious engineering students who want an intimate, project-based education — a 99% freshman retention rate and 92% graduation rate signal that students who get in tend to thrive and finish. The financial picture is genuinely impressive: an average net price of just $20,575/year and median debt of only $14,287 at graduation are well below typical private college figures, making this less of a financial gamble than its peers. The catch is the tiny scale — 373 total undergrads means limited course variety, a narrow social scene, and an intense, collaborative culture that suits some students perfectly and burns others out.

Setting
Large suburb

Popular Programs

Engineering100%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

SAT Scores

Average Composite1540
Reading 75th %ile770
Math 75th %ile790

ACT Scores

Midpoint Composite35

Cost & Financial Aid

In-State Tuition
$64,458
Out-of-State Tuition
$64,458
Avg Net Price
$20,575
after aid

Financial Aid

Students receiving Pell Grants13%
Median debt at graduation$14,287

Full Cost

After Graduation

Graduation Rate
92%
within 6 years
Retention Rate
99%
freshmen returning
Earnings (10 yr)
N/A
after enrollment
Median Debt
$14,287
at graduation

Will This School Pay Off?

Median Debt
$14,287
at graduation
Earnings (6 yr)
N/A
after enrollment
Earnings (10 yr)
N/A
after enrollment

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White42%
Black3%
Hispanic/Latino11%
Asian22%

Source: U.S. Department of Education College Scorecard (373 undergraduates).

Contact & Location

Address

Franklin W Olin College of Engineering

1000 Olin Way

Needham, MA 02492-1200

View on Google Maps →

Other Schools in Massachusetts

Browse all Massachusetts schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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