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Franklin W Olin College of Engineering Financial Aid

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Number Received Financial Aid (All Undergraduate) 361
Percent Received Financial Aid(All Undergraduate) 95%
Average Aid Amount $39,739
Number Received Financial Aid (Freshmen) 91
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at Franklin W Olin College of Engineering

For the academic year 2021-2022, a total of 361 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $39,739. For freshmen (Full-time, first-time degree-seeking undergraduate students), 91 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Franklin W Olin College of Engineering is $64,458, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 361 students (95% of all students) have received grants or scholarships and the average received aid amount is $39,739. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Franklin W Olin College of Engineering for all undergraduate students.
Undergraduate Student Financial Aid at Franklin W Olin College of Engineering
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid36195%$39,739
Pell Grants4813%$5,057
Federal Student Loans8221%$4,995

Beginning Students Financial Aid

a total of 91 beginning students (100% of all freshmen) have received any financial aid and 91 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Franklin W Olin College of Engineering.
Beginning Students (Freshmen) Financial Aid at Franklin W Olin College of Engineering
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid91100%-
Grants or Scholarship from All Sources91100%$40,522
Federal Grants1213%$5,769
Pell Grants1213%$5,208
Other Federal Grants55%$1,347
State/Local Grants00%$0
Institutional Grants91100%$39,762
Student Loans2730%$9,042
Federal Student Loans2629%$4,746
Other Student Loans33%$40,239