More selective than 80% of Massachusetts colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $86,474. College Scorecard.
Higher than 95% of Massachusetts colleges we cover and 99% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 99% of Massachusetts colleges we cover and 100% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Franklin W Olin College of Engineering acceptance rate & admissions
Of 928 applicants, Franklin W Olin College of Engineering admitted 201 and 98 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1493–1558 on the SAT.
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Franklin W Olin College of Engineering tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
What Franklin W Olin College of Engineering costs to finish, and how fast it pays back
Graduates of Franklin W Olin College of Engineering took 4.2 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Massachusetts. The figures follow your residency and income choices above.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | n/a | — | not available |
| $30–48k | $3,100 | $13,082 | under 1 year |
| $48–75k | $9,528 | $40,208 | under 1 year |
| $75–110k | $12,271 | $51,784 | under 1 year |
| $110k+ | $27,096 | $114,345 | 1.3 years |
Cost to finish = yearly price × 4.2 years, the average time graduates took (73% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($129,455) minus $39,880 for high school graduates ages 25-34 in MA (Census ACS 2020-2024), a gain of $89,575 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.
Franklin W Olin College of Engineering majors, earnings & careers
Franklin W Olin College of Engineering offers 3 bachelor's majors across 1 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Engineering · 3
Highest-earning majors at Franklin W Olin College of Engineering
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Engineering | $135,136 | $14,512 |
Quick list of all 3 majors
- Electrical Engineering—
- Engineering$135,136
- Mechanical Engineering—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Electrical Engineering → Electrical engineer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 9.9% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Mechanical Engineering → Mechanical engineer
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 11.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Boston
Overall prices in the Boston-Cambridge-Newton, MA-NH area.
BEA Regional Price Parities, 2024
2 bedrooms $2,409. Housing costs 48% above the U.S. average.
HUD Fair Market Rent, FY2027
January and July average highs. 47 inches of rain a year, 46 inches of snow.
NOAA Climate Normals 1991-2020
Highest: river flooding (relatively high); coastal flooding (relatively high).
FEMA National Risk Index, Norfolk County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Norfolk County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Franklin W Olin College of Engineering with similar schools
Similar private colleges in Massachusetts by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Franklin W Olin College of Engineering | 25% | $25,171 | 96% | $129,455 | This school |
| Smith College | 21% | $27,579 | 89% | $64,027 | |
| Babson College | 17% | $40,514 | 93% | $123,938 | |
| Wellesley College | 14% | $25,496 | 92% | $84,803 | |
| Amherst College | 9% | $23,367 | 94% | $77,644 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Franklin W Olin College of Engineering would cost you $2,408 less per year than Smith College, on average.
- Higher sticker price at Franklin W Olin College of Engineering, mostly from more Smith College students living at home, which lowers its average (+$1,670).
- Franklin W Olin College of Engineering gives aided families $2,852 more in grants, on average.
| Per year, Massachusetts resident | Franklin W Olin College of Engineering | Smith College | Difference |
|---|---|---|---|
| Tuition & fees | $66,398 | $65,178 | +$1,220 |
| Books & supplies | $216 | $800 | −$584 |
| Housing & meals | $19,820 | $21,310 | −$1,490 |
| Personal & travel | $1,980 | $2,352 | −$372 |
| Living-at-home adjustment | −$1,940 | −$3,610 | +$1,670 |
| Sticker price | $86,474 | $86,030 | +$444 |
| Average grants | −$61,303 | −$58,451 | −$2,852 |
| You pay | $25,171 | $27,579 | −$2,408 |
“+” means Franklin W Olin College of Engineering costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Franklin W Olin College of Engineering
What is the Franklin W Olin College of Engineering acceptance rate?
Franklin W Olin College of Engineering accepts 25% of applicants (College Scorecard). In the latest IPEDS admissions year, 201 of 928 applicants were admitted. The middle half of enrolled first-year students scored 1493–1558 on the SAT.
How much does Franklin W Olin College of Engineering cost per year?
The sticker price (cost of attendance) is $86,474 a year. After grants and scholarships, students receiving federal aid pay $25,171 a year on average; families earning $0–30k pay — and families earning $110k+ pay $27,096.
How much do Franklin W Olin College of Engineering graduates earn?
Former Franklin W Olin College of Engineering students earn a median $129,455 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Franklin W Olin College of Engineering graduation rate?
96% of first-time, full-time students graduate within six years, and 98% return for their second year.
How long does a Franklin W Olin College of Engineering degree take to pay off?
For a family earning $48–75k, finishing at Franklin W Olin College of Engineering costs about $40,208 after grants ($9,528 a year for 4.2 years, the average time graduates took). Former students earn a median $129,455 ten years after starting, $89,575 more than high school graduates in Massachusetts ($39,880), so the cost is repaid in under 1 year of that gain, before taxes and interest (EducationGuide calculation).
Is Franklin W Olin College of Engineering the right fit for your family?
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Franklin W Olin College of Engineering: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/franklin-w-olin-college-of-engineering (College Scorecard and IPEDS data).