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.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 361 | 95% | $39,739 |
Pell Grants | 48 | 13% | $5,057 |
Federal Student Loans | 82 | 21% | $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.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 91 | 100% | - |
Grants or Scholarship from All Sources | 91 | 100% | $40,522 |
Federal Grants | 12 | 13% | $5,769 |
Pell Grants | 12 | 13% | $5,208 |
Other Federal Grants | 5 | 5% | $1,347 |
State/Local Grants | 0 | 0% | $0 |
Institutional Grants | 91 | 100% | $39,762 |
Student Loans | 27 | 30% | $9,042 |
Federal Student Loans | 26 | 29% | $4,746 |
Other Student Loans | 3 | 3% | $40,239 |
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