Franklin W Olin College of Engineering publishes a cost of attendance of $86,474, and financial aid reshapes that figure meaningfully across income levels. Middle-low-income families pay approximately $3,100 per year in net price, while middle-income families see costs around $9,528, and middle-high-income families pay approximately $12,271.
Select your family income to see your estimated cost
Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $86,474 |
| Tuition and Fees | $66,398 |
| Room and Board | $20,810 |
| Books and Supplies | $240 |
| Average Financial Aid (Grants and Scholarships) | -$61,303 |
| Average Net Price (What Families Pay) | $25,171 |
| Family Income | Net Price |
|---|---|
| $0–30k | No data |
| $30–48k | $3,100 |
| $48–75k | $9,528 |
| $75–110k | $12,271 |
| $110k+ | $27,096 |
Franklin W Olin College of Engineering publishes a cost of attendance of $86,474, and financial aid reshapes that figure meaningfully across income levels. Middle-low-income families pay approximately $3,100 per year in net price, while middle-income families see costs around $9,528, and middle-high-income families pay approximately $12,271. Higher-income families pay approximately $27,096. Azimuth ranks Franklin W Olin College of Engineering #797 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown. Olin's aid structure reflects its unusual institutional model — a small, highly focused engineering college that has historically committed substantial institutional resources to reducing the net cost for admitted students. The gap between the published cost of attendance and what most families actually pay is meaningful, particularly for middle-income families, and the is especially relevant here: sticker price alone substantially overstates what most students pay. Families should apply for aid and review their individualized award before drawing conclusions about affordability. Median federal student loan debt at graduation is $19,500, compared with a peer median of $25,000 among nonprofit four-year institutions — a notably lower debt load that reflects both Olin's institutional aid generosity and its graduates' strong early earnings. For a graduate at the institution's median four-year earnings of $126,895, median federal debt of $19,500 projects to a monthly payment of about $220 under standard ten-year repayment. In a downside earnings scenario anchored on Olin's lower-earning program clusters, the same debt at $135,136 in median earnings still represents a manageable payment relative to the income level — though families weighing borrowing decisions should explore scenario-specific projections rather than relying on institution-wide averages. For personalized projections across earnings scenarios, use .
How much students borrow and whether debt is manageable given outcomes.
Debt-to-earnings data not available.
How cost compares to graduate earnings and value added.
Graduates of Franklin W Olin College of Engineering earn median earnings of $126,895 four years after enrollment, placing Franklin W Olin College of Engineering in the 99.8 percentile for median earnings four years after enrollment among nonprofit four-year institutions. That figure runs well above the $57,042 median at comparable institutions (same control and size band). Azimuth ranks Franklin W Olin College of Engineering #26 for return on investment among nonprofit four-year institutions. For a small, engineering-focused college in MA, these outcomes reflect a tightly concentrated curriculum that channels nearly every graduate into high-demand technical fields. The earnings pattern traces directly to Franklin W Olin College of Engineering's singular academic focus. Engineering accounts for 100% of degree output, making Engineering the dominant program family by a wide margin. Engineering combines the largest cohort with strong pay, anchoring the institution's aggregate return story. Engineering is the highest-earning program, with 38 graduates earning median earnings of $135,136 four years after enrollment; Azimuth ranks the program #1 nationally among nonprofit four-year institutions per the program-ranking methodology. Electrical, Electronics, and Communications Engineering (19 graduates) and Mechanical Engineering (15 graduates) round out the core lineup — a compact portfolio where every major feeds into engineering and applied-science career paths with strong early-career compensation.
