Franklin W Olin College of Engineering

Needham, MA · Private Nonprofit

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21.7%
Acceptance Rate
1530
Median SAT
$129,455
Median Earnings
928
Applicants

Acceptance Rate Trend

Up 5.9 percentage points since 2018

Applications & Admissions

Yield Rate Trend

Percentage of admitted students who enroll

Most Popular Majors (2023)

Degrees awarded in latest year

Major Popularity Over Time

How top majors have grown or declined

Earnings by Major

This school vs. national range (2yr after graduation)

Mechanical Engineering $78,343
$24,912 $128,868
Electrical, Electronics and Co... $76,460
$24,912 $128,868
Engineering, General $75,706
$24,912 $128,868
This school National avg

Historical Admissions Data

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 928 201 21.7% 48.8%
2022 862 165 19.1% 45.5%
2021 907 163 18.0% 55.8%
2020 900 148 16.4% 56.8%
2019 905 142 15.7% 59.9%
2018 878 138 15.7% 60.9%
2017 1,062 142 13.4% 63.4%
2016 1,296 132 10.2% 59.9%
2015 1,075 118 11.0% 64.4%

Graduate Outcomes

Median Earnings (10 years)
$129,455
Median Earnings (6 years)
$105,483
Median Debt
$19,500
6-Year Graduation Rate
92.2%

Tuition & Costs (2023)

Tuition
$53,990
Fees
$3,366
Room & Board
$17,460
Total Cost of Attendance
$74,816

What You'll Actually Pay

Net price after grants/scholarships by family income

$0-30k income $7,058
$30-48k income $4,690
$48-75k income $13,333
$75-110k income $21,098
$110k+ income $46,317

Popular Majors

  • 1 Engineering, General
  • 2 Mechanical Engineering
  • 3 Electrical, Electronics and Communications Engineering

Highest Earning Majors

  • Mechanical Engineering $78,343
  • Electrical, Electronics and Communications Engineering $76,460
  • Engineering, General $75,706

Student Demographics (2023)

Total Enrollment 402
International 8%
Women 48%
Race/Ethnicity
White 40%
Asian 21%
Hispanic 10%
Black 3%

Financial Aid (2023)

Grants are free money; loans must be repaid

Receive Grants 93%
Avg: $39,949 free money/year
Pell Grant Recipients 13%
Federal aid for <$60k income families
Have Federal Loans 22%
Avg: $4,955
School's Own Grants 100%
Avg: $39,833 from school funds