Franklin W Olin College of Engineering
Needham, Massachusetts · Also known as Olin College of Engineering · Website
$129,455
median earnings, 10 years after starting
$129,455
median earnings, 10 years after starting
Franklin W Olin College of Engineering is a private nonprofit 4-year college in Needham, Massachusetts with 377 undergraduates. Its average net price after grants is $25,171 a year (tuition and fees $66,398). It admits 25% of applicants and 96% of students finish within 6 years. Former students earn a median $129,455 a year 10 years after they started, and graduates leave with a median $19,500 in federal student loans.
Updated Oct 10, 2026 · June 2026 data
Net price
$25,171
US median $17,138
Tuition and fees
$66,398
US median $11,837
Admission rate
25%
US median 78%
Completion rate
96%
Within 6 years, US 58%
Median debt
$19,500
About $207 a month
Earnings at 10 years
$129,455
Rank 7 of 5,094 in the US
Cost
What a year costs: posted prices and the average after grants
Net price by family income
Average yearly cost after grants, for students who get aid
- Net price
- $25,171
- Tuition and fees
- $66,398
- Cost of attendance
- $86,474
- Students with a need-based grant
- 12%
- Students with federal loans
- 25%
- Net price, family income $30K to $48K
- $3,100
- Net price, family income $48K to $75K
- $9,528
- Net price, family income $75K to $110K
- $12,271
- Net price, family income over $110K
- $27,096
Net price is what students who get aid pay on average after grants.
Tuition and net price by year
School years 2015-16 to 2024-25. The year on the chart is the year the school year starts.
Yearly cost
Tuition and fees went from $48,181 in 2015-16 to $66,398 in 2024-25.
Admission, completion and retention
Share of applicants admitted, of students who finish and of first-year students who come back
Admission and students
- Admission rate
- 25%
- Average SAT
- 1,520
- SAT reading, middle
- 755
- SAT math, middle
- 780
- ACT, middle
- 35
- Undergraduates
- 377
- Part-time students
- 0.3%
- Women
- 47%
- Students per teacher
- 9
- Completion rate
- 96%
- Retention rate
- 98%
- Highest degree
- Bachelor's degree
- Programs
- 3
- Endowment
- $425.9M
Earnings and debt
Compared with the medians of the colleges of its state, of colleges of the same kind and of all US colleges
Median earnings 10 years after starting rank 7 of 5,094 US colleges and 2 of 106 in Massachusetts (1 = highest).
| Measure | College | MA median | Same kind | US median |
|---|---|---|---|---|
| Net price | $25,171 | $24,402 | $22,320 | $17,138 |
| Tuition in-state | $66,398 | $34,256 | $31,170 | $11,837 |
| Admission rate | 25% | 71% | 74% | 78% |
| Completion rate | 96% | 69% | 57% | 58% |
| Retention rate | 98% | 79% | 77% | 75% |
| Median debt | $19,500 | $21,882 | $24,287 | $13,271 |
| Earnings after 6 years | $105,483 | $46,320 | $44,392 | $35,656 |
| Earnings after 10 years | $129,455 | $53,104 | $52,928 | $40,813 |
Best-paid programs
Median earnings 1 year after graduation
Same kind: US private nonprofit 4-year colleges. Earnings and debt are medians of former students who received federal student aid. 92% earn more than a typical high school graduate 6 years after starting.
Programs
3 fields of study and credentials, with graduates, debt and earnings
| Field of study | Graduates | Median debt | Earnings 1 yr | Earnings 4 yr | US median 4 yr | |
|---|---|---|---|---|---|---|
| Engineering, GeneralBachelor's | Bachelor's | 39 | $14,512 | $109,455 | $135,136 | $89,359 |
| Mechanical EngineeringBachelor's | Bachelor's | 28 | Withheld | $87,590 | Withheld | $92,135 |
| Electrical, Electronics, and Communications EngineeringBachelor's | Bachelor's | 18 | Withheld | Withheld | Withheld | $100,647 |
In the area
- Jobs, pay and new homes: the county of Needham and Massachusetts on Local Economy
- More colleges: All colleges in Massachusetts
- Homes: Homes for sale in Massachusetts
Questions and answers
How much does Franklin W Olin College of Engineering cost?
$25,171 a year is the average net price at Franklin W Olin College of Engineering after grants and scholarships. Tuition and fees are $66,398, and the full cost of attendance with housing, food and books is $86,474.
What is the acceptance rate at Franklin W Olin College of Engineering?
25% of applicants are admitted to Franklin W Olin College of Engineering. The average SAT score of admitted students is 1,520 and the middle ACT score is 35. The median admission rate of colleges in Massachusetts is 71%.
How much do Franklin W Olin College of Engineering graduates earn?
$129,455 a year is the median pay of former Franklin W Olin College of Engineering students who work, 10 years after they started ($105,483 after 6 years). That ranks 7 of 5,094 US colleges and 2 of 106 in Massachusetts. Its best-paid program one year after graduation is Engineering, General (Bachelor's) at $109,455.
How much student debt do Franklin W Olin College of Engineering graduates have?
$19,500 is the median federal student loan debt of Franklin W Olin College of Engineering graduates, about $207 a month over 10 years. The median across US colleges is $13,271. 25% of undergraduates take out federal loans.
What is the graduation rate at Franklin W Olin College of Engineering?
96% of first-time, full-time students at Franklin W Olin College of Engineering finish within 6 years. 98% of first-year students come back for a second year. The median of private nonprofit 4-year colleges is 57%.
What are the most popular majors at Franklin W Olin College of Engineering?
Engineering, General (39 bachelor's graduates), Mechanical Engineering (28 bachelor's graduates), Electrical, Electronics, and Communications Engineering (18 bachelor's graduates) had the most graduates in the newest year, out of 3 programs.
Official public data, June 2026 release. Net price is for first-time, full-time students who get aid. Completion counts first-time, full-time students who finish within 150% of the normal time. Debt and earnings are medians of students who received federal student aid, measured a few years after they left, in the dollars of the year measured; earnings count former students who work and are not enrolled, including those who did not finish.