FourYearCost

Franklin W Olin College of Engineering

Needham, MAPrivate nonprofitRank 724 of 1,732Traditional rank 489 of 1,156

Avg freshman grant · 2022-23
$41,116
76 recipients
Avg grant, later years · 2022-23
$39,634
282 recipients
The drop
$1,482
3.6% of the freshman average

Freshman grant vs later years

Freshman year$41,116Later years$39,634

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$7,058
$30–48k$4,690
$48–75k$13,333
$75–110k$21,098
$110k+$46,317

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$60,766
Tuition and fees (in-state), 2023-24$64,458
Change$3,692 (+6.1%)
On-campus room and board, 2023-24$19,820

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$53,7362018-19$55,5002019-20$57,3562020-21$58,9982021-22$60,7662022-23$64,4582023-24

Published tuition and required fees, +20.0% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$38,7772020-21$38,5022021-22$40,3702022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years92%
Full-time freshman retention (return for year 2)99%
Freshmen receiving Pell Grants21%
Freshmen taking federal loans26%
Average federal loan (freshmen who borrow)$4,300
Aid drop one year earlier (2021-22)$1,047

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all MA colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
College of the Holy Cross$41,140$976
Mount Holyoke College$41,823−$556
Hampshire College$43,944$4,802
Brandeis University$37,489−$849
Stonehill College$37,353$5,282

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

Know before the award letter arrives

One short email when new cost data lands. Double opt-in, no spam.

Get the newsletter