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Franklin W Olin College of Engineering

Needham, Massachusetts · Private nonprofit · 4-year · Suburb

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Official website

At a glance

Average net price
$25,171What students typically pay per year after grants and scholarships.
Acceptance rate
25%
Graduation rate
94%Share of students who finish within 150% of the normal time.
Undergraduates
377
In-state tuition
$66,398Published price before aid.
Out-of-state tuition
$66,398
SAT midpoint
1,535
Median earnings, 10 yrs
$129,455Median earnings of former students ten years after they first enrolled.

Source: U.S. Department of Education College Scorecard. Data year: 2022-23 academic year. Updated September 2026. Figures are averages across all students and will differ from what any individual pays.

How it compares to similar colleges

Each rating covers one measure against private nonprofit 4-year colleges nationally. Five stars means the top fifth on that measure. There is no overall score, because which of these matters is your call.

Affordability

$25,171

Better than 38% of private nonprofit 4-year colleges (1092 compared).

Completion

94%

Better than 98% of private nonprofit 4-year colleges (1063 compared).

Earnings

$129,455

Better than 99% of private nonprofit 4-year colleges (1087 compared).

Debt at graduation

$19,500

Better than 84% of private nonprofit 4-year colleges (1020 compared).

What these ratings are based on
Affordability
Based on average net price: what students receiving federal aid actually paid, after grants and scholarships. Your own cost depends on your family's finances.
Completion
Based on the share of first-time, full-time students who graduate within 150% of normal time. It excludes transfer and part-time students, which understates colleges serving many of them.
Earnings
Based on median earnings ten years after students first enrolled. It reflects the subjects a college teaches and the region it sits in as much as its teaching.
Debt at graduation
Based on median federal loan debt among students who completed. Private and parent loans are not included, so real totals are often higher.
Why there is no rating for selectivity
A lower acceptance rate is selectivity, not quality. Awarding stars for it would be us inventing a value judgement and hiding it behind a number.

What it actually costs

Published cost

$86,474

The sticker price: tuition, fees, housing, food and books for one academic year, before any aid.

Average net price

$25,171

What students receiving federal aid actually paid on average, after grants and scholarships. This is the more useful number, though your own figure depends on your family’s finances.

What would this cost me?
Use this college’s official net price calculator

Outcomes

Graduation, retention, debt and earnings for Franklin W Olin College of Engineering
Graduation rateWithin 150% of normal time94%
Retention rateFirst-year students who return98%
Median debt at graduationFederal loans only, students who completed$19,500
Median earnings, 10 years after entryFormer students, working and not enrolled$129,455

What graduates of each major earn

Median earnings one year after finishing, for people who took that subject here. This is the figure a college-wide median hides: the spread between subjects at one college is usually far wider than the spread between colleges.

Bachelor’s programs at Franklin W Olin College of Engineering by graduate earnings
MajorEarnings, 1 yrDegrees awarded
Engineering, General$109,45539
Mechanical Engineering$87,59028
Electrical, Electronics, and Communications EngineeringNot reported18

All 3 bachelor’s programs this college reported.

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