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Franklin W Olin College of Engineering

📍 Needham, Massachusetts · Founded 1997

Overview

25.2%
Acceptance Rate
US News Ranking
377
Total Enrollment
$129,455
Median Salary
$25,171
Tuition (per year)
$19,500
Average Debt
94.22%
Graduation Rate
9:1
Student–Faculty Ratio

Franklin W Olin College of Engineering is a private undergraduate engineering college located in Needham, Massachusetts. Established in 1997 by the F. W. Olin Foundation, the college was created to advance innovation in engineering education. Olin offers a focused curriculum in engineering disciplines with strong integration of entrepreneurship, design, and the liberal arts. The institution enrolls a small student body and emphasizes project-based learning, interdisciplinary coursework, and collaboration. Its academic programs are designed for students interested in hands-on engineering education that connects technical study with real-world problem solving and societal context.

Admission Requirements

770
SAT Math
723
SAT Critical Reading
ACT

With a 25.2% acceptance rate, Franklin W Olin College of Engineering is selective. Admitted students usually have strong academic records, competitive test scores, and consistent involvement in extracurricular activities. While admission is competitive, applicants who demonstrate solid academic preparation and clear interests have a realistic chance of admission.

Cost & Financial Aid

$66,398
In-state Tuition
$66,398
Out-of-state Tuition
$25,171
Average cost after aid

History

Franklin W Olin College of Engineering was founded in 1997 in Needham, Massachusetts, by the F. W. Olin Foundation. The foundation, established by industrialist and engineer Franklin W. Olin in 1938, had long supported science and engineering education before deciding in the 1990s to create a new college dedicated to reforming undergraduate engineering education. The Commonwealth of Massachusetts granted the college its charter in 1997, and planning for a purpose-built campus began soon after. Richard Miller, the founding president, led the development of the academic model and institutional structure. The college officially opened to its first class in 2002. From its beginning, Franklin W Olin College of Engineering emphasized interdisciplinary coursework, entrepreneurship, and hands-on design projects. Over time, it expanded academic programs and partnerships while maintaining its focus on innovative engineering education and a small, residential undergraduate community.

Campus life

Total students377

Gender

Men52.79%
Women47.21%

Race & ethnicity

Undergraduate race and ethnicity

Franklin W Olin College of Engineering has a 9:1 student-to-faculty ratio, which means small class sizes and close interaction with professors. Students often benefit from more personalized attention, accessible faculty mentorship, and greater opportunities for discussion and research collaboration.

Applying to Franklin W Olin College of Engineering with Unive

Applying to Franklin W Olin College of Engineering involves a selective undergraduate admissions process focused on academic preparation, creativity, collaboration, and demonstrated interest in engineering. As a small institution in Needham, Massachusetts, Franklin W Olin College of Engineering looks for students who thrive in hands-on, project-based environments and interdisciplinary study. Applicants submit transcripts, recommendations, essays, and other required materials through the Common Application.

Financial Aid at Franklin W Olin College of Engineering

Franklin W Olin College of Engineering is known for providing significant institutional support, including merit-based tuition scholarships for admitted students. Financial aid packages may also include need-based assistance and federal aid options. Families considering Franklin W Olin College of Engineering should review official financial aid policies and deadlines carefully to understand total costs and available funding opportunities.

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Unive helps students prepare competitive applications to Franklin W Olin College of Engineering through AI-powered guidance on essays, extracurricular strategy, and application positioning. Students can refine personal statements, highlight engineering-related projects, and identify financial aid opportunities. With structured feedback and planning tools, Unive supports applicants seeking a thoughtful and well-organized approach to the Franklin W Olin College of Engineering admissions process.

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Quick Facts
TypePrivate
Founded1997
Graduates
Undergrad Enrollment377
SettingLarge Suburb
Websiteolin.edu/
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