Number Received Financial Aid (All Undergraduate)
358
Percent Received Financial Aid(All Undergraduate)
93%
Average Aid Amount
$39,949
Number Received Financial Aid (Freshmen)
76
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Franklin W Olin College of Engineering
For the academic year 2023-2024, a total of 358 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $39,949. For freshmen (Full-time, first-time degree-seeking undergraduate students), 76 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Franklin W Olin College of Engineering is $63,742, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 358 students (93% of all students) have received grants or scholarships and the average received aid amount is $39,949. 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 358 | 93% | $39,949 |
| Pell Grants | 52 | 13% | $5,619 |
| Federal Student Loans | 85 | 22% | $4,955 |
Beginning Students Financial Aid
a total of 76 beginning students (100% of all freshmen) have received any financial aid and 76 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.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 76 | 100% | - |
| Grants or Scholarship from All Sources | 76 | 100% | $41,116 |
| Federal Grants | 16 | 21% | $6,095 |
| Pell Grants | 16 | 21% | $5,495 |
| Other Federal Grants | 8 | 11% | $1,200 |
| State/Local Grants | 0 | 0% | - |
| Institutional Grants | 76 | 100% | $39,833 |
| Student Loans | 20 | 26% | $10,155 |
| Federal Student Loans | 20 | 26% | $4,300 |
| Other Student Loans | 4 | 5% | $29,277 |
Know about Massachusetts Colleges
- Which colleges offer ROTC programs in Massachusetts?
- How many colleges offer Graduate Programs in Massachusetts?
- How much is Average Tuition & Fees in Massachusetts?
- Which colleges grant Credit for military training in Massachusetts?
- How many colleges require the high school record in Massachusetts?
- Which colleges are Private Schools (not-for-profit) in Massachusetts?
- What is The Average Students to Faculty Ratio in Massachusetts?
- How much is Typical Room Charge in Massachusetts?
- Which colleges offer Master's Degree in Massachusetts?
- How many colleges require the Test of English as a foreign language (TOEFL) in Massachusetts?