Franklin W Olin College of Engineering
Needham, MA
School Background
2022 Undergraduate Enrollment: 361
Graduate Enrollment: 0
Special Focus Four-Year: Other Technology-Related Schools
Highest degree awarded:
Bachelor's
Religious Affiliation:
None
Campus Details
Suburb: Large (outside principal city, in urbanized area with population of 250,000 or more)
Four-year, very small, highly residential
//
full-time, more selective, lower transfer-in
Applicant and Admittance Traits
2022 Admission Rate: 17.97%
Male/Female: 51% / 49% (2017)
First generation college students:
Percentage of students who are married when enrolled:
Percentage of students who are veterans:
Test scores for admission: Considered but not required
Appliants applying to 2+ schools:
Appliants applying to 3+ schools:
Appliants applying to 4+ schools:
Appliants applying to 5+ schools: 64.6% (2017)
Ethnicity Information
White: 41.8%
Black: 3.1%
Hispanic: 11.4%
Asian: 19.9%
American Indian/Alaska Native: 0.0%
Native Hawaiian/Pacific Islander: 0.0%
2+ races: 11.6%
Non-resident alien: 6.9%
Unknown race: 5.3%
Black: 3.1%
Hispanic: 11.4%
Asian: 19.9%
American Indian/Alaska Native: 0.0%
Native Hawaiian/Pacific Islander: 0.0%
2+ races: 11.6%
Non-resident alien: 6.9%
Unknown race: 5.3%
Costs & Fees
2022 Average Tuition & Fees (Room/Board/Books): $75,750
In-State tuition: $58,998Out-of-State tuition: $58,998
Estimated books and supplies: $200 (2022)
Estimated on-campus room & board: $17,984 (2022)
Estimated on-campus other fees: $1,842 (2022)
Estimated off-campus room & board: $12,609 (2022)
Estimated off-campus other fees: $1,842 (2022)
Average Family Income:
Median Family Income: $89,945 (2017)
Scholarships & Financial Aid
Percentage of students receiving Pell Grant: 13.2%Percentage of students with Federal Loans: 21.9%
Median federal loan debt at graduation: $19,500 (2021)
Median federal loan payment: $207 (2021)
Graduate Outcomes & Job Placements
4-year graduation rate: 78%6-year graduation rate: 97%
1 year post-graduation workforce participation: 94.8% (2020)
Loans
Median federal debt for graduates: $19,500 (2021)Median federal debt for non-graduates: $6,825 (2021)
Median federal debt for first-generation graduates: $16,894 (2021)
Median federal debt for Pell grant recipient graduates: $12,500 (2021)
Ability to Repay Loans
| Graduates, % of Loans in Repayment (Non-delinquent/default) |
Percentage |
|---|---|
| @1 Year | |
| @3 year | |
| @5 year |
1-year Graduate % of Loans being Repaid (Non-delinquent/default) - Pell Grant Recipients:
1-year Graduate % of Loans being Repaid - 1st Generation Attendees:
Earnings Power
Median earnings, 1 year post graduation: $94,600 (2020)Median earnings, 4 years post graduation: $105,165 (2020)
Popular Majors
| Type of Degree | Major | 2022 Graduates | Median Federal Debt | Median Monthly Payment | 1yr Median Earnings (monthly gross) | 4yr Median Earnings (monthly gross) |
|---|---|---|---|---|---|---|
| Bachelor's Degree | Engineering, General. | 42 | $14,512 | $154 | $106,229 ($8,852) | $114,228 ($9,519) |
| Bachelor's Degree | Electrical, Electronics and Communications Engineering. | 18 | ||||
| Bachelor's Degree | Mechanical Engineering. | 18 | $96,456 ($8,038) |
Campus Resources
Average faculty salary: $113,265Full time faculty: 83%
Undergraduate student-to-faculty ratio: 8.0
School's endowment start of year: $369,737,000 (2022)
School's endowment end of year: $455,637,000 (2022)