Quad

Franklin W Olin College of Engineering

Needham, MAQuad's selectivityHighly selective
Known forTop test scoresBig endowment per studentVery diverseHigh earnersHigh graduation rateTest-optional heavy
WebsiteAdmissionsApplyVisitFinancial aid

Admissions · Fall 2024

1 in 4 applicants admitted

Franklin W Olin College of Engineering admits about 1 in 4 applicants (25%). That puts it in the "Highly selective" tier, more selective than 94% of the 1,547 colleges that report admissions.

25%

25%

acceptance rateQuad's selectivityHighly selective

Applied

1,000

Admitted

252

Yield

44%

of admits enroll

SAT middle 50%

1493–1558

10001600
Applications +2% since fall 2014 · admit rate 12% → 25%Over time

Getting in, in detail: funnel, what they look at, your scores

Students

Who's on campus

A small campus of 377 undergrads, where 12% receive Pell Grants, a low share compared to other colleges.

377

undergrads · larger than 17% of colleges

Diversity index

0.74

Pell Grant

12%

below the median

Large suburbFirst-years live on campusStudy abroadUndergrad research
More diverse · index 0.64 → 0.74 since fall 2014Over time

Students and campus life in detail

Academics

Majors and faculty

The most popular major is Engineering, General (39% of graduates). 9 students for every faculty member, fewer than at 84% of colleges. 92% of faculty are full-time. Spends $33,960 a year on instruction per student.

9 to 1

students per faculty member · fewer than at 84% of colleges

Most popular major

Engineering, General

39% of 2024–25 graduates

Top-earning major

Engineering, General

$135.1K four years after completion

Full-time faculty

92%

of faculty

Instruction spending

$34K

per student a year

All majors with search, earnings by major, and faculty

Cost & aid · 2023–24

What it costs

In 2023–24, the average first-year paid an estimated $43,184 in total (tuition, housing, food, books and other costs, after grants), $18.9K more than the national median. The 100% who received grants paid $43,184 on average; the other 0% paid the full sticker price of $86,474.

50%

$43.2K

average total cost per year, all first-years, after grants (est.) · $18.9K above the national median

$0$110K$400K+
Full price
$86,474 a year
tuition, housing, food, books, and other costs
Need-based aid
Published data end at $110K
use the college's net price calculator for higher incomes
Merit aid
62% · avg $32K
of first-years got a grant without federal aid (a proxy: at most colleges that's merit aid)
Aid generosity

Generous

grants cover 50% of full price

Federal loans

25%

of undergrads · national median 45%

Your price

Net price calculator

the college's own

Financial aid

Financial aid office
Cost rising · +9% after inflation since 2013–14Over time

Prices, who gets aid, and borrowing in detail

Outcomes

What it pays

Former students earn a median $129,455 ten years after enrolling, more than at 100% of colleges; 96% graduate within six years. Four years of net price is about 1.3 years of that salary.

96%

96%

graduate within six years · national median 59%

Median earnings

$129.5K

10 years after entry

Median debt

$19.5K

≈ $207/month for 10 years

Retention

98%

come back for year two

Graduation rate 95% → 96% since the class that entered fall 2008Over time

Earnings, finishing, 8-year outcomes, by group

Over time · since 2013–14

How it's changed

Since 2013–14, the full price rose 6% after inflation, while what the average first-year paid rose 9%, as grants covered less of it. Applications rose 2% since fall 2014, and the acceptance rate went from 12% to 25%.

  • Cost

    Rising

    +9% after inflation

  • Applications

    Steady

    +2%

  • Selectivity

    Less selective

    admit rate 12% → 25%

  • Diversity

    More diverse

    index 0.64 → 0.74

Every series, year by year

Keep exploring

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41% admit · 539 undergrads

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Lincoln University

204 undergrads

Similar sizeAlso private
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Sources for this overviewEvery dataset and year behind the numbers on this profile; tap any ⓘ for one number's source

Sources for this profile

  1. 1
    IPEDS directory (Institutional Characteristics: HD)

    National Center for Education Statistics (NCES) · 2025–26 · retrieved 2026-10-12

  2. 2
    College Scorecard

    U.S. Department of Education · most recent release; Entered fall 2023; Fall 2024; 2023–24; Fall 2023 · retrieved 2026-10-12

  3. 3
    IPEDS Admissions survey

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  4. 4
    IPEDS Institutional Characteristics survey

    National Center for Education Statistics (NCES) · 2023–24 · retrieved 2026-10-12

  5. 5
    IPEDS Institutional Characteristics survey (athletics, programs, services, religious affiliation)

    National Center for Education Statistics (NCES) · 2025–26 · retrieved 2026-10-12

  6. 6
    IPEDS Fall Enrollment survey (part D)

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  7. 7
    IPEDS Completions survey (degrees awarded by field)

    National Center for Education Statistics (NCES) · 2024–25 graduates · retrieved 2026-10-12

  8. 8
    College Scorecard Field of Study data

    U.S. Department of Education · most recent release · retrieved 2026-10-12

  9. 9
    IPEDS Finance survey, derived per-student figures

    National Center for Education Statistics (NCES) · 2023–24 · retrieved 2026-10-12

  10. 10
    IPEDS Student Financial Aid survey

    National Center for Education Statistics (NCES) · 2023–24 · retrieved 2026-10-12

  11. 11
    Common Data Set

    Each college (voluntary, standardized template) · most recent release · retrieved 2026-10-12

  12. 12
    IPEDS Graduation Rates survey (Pell Grant and subsidized loan recipients)

    National Center for Education Statistics (NCES) · Entered fall 2018 · retrieved 2026-10-12

  13. 13
    IPEDS Fall Enrollment survey (part C, residence of first-time students)

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  14. 14
    IPEDS Fall Enrollment survey (part A, enrollment by level)

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  15. 15
    IPEDS Fall Enrollment survey (distance education)

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  16. 16
    IPEDS Salaries survey (SAL, instructional staff, all ranks)

    National Center for Education Statistics (NCES) · Fall 2024 · retrieved 2026-10-12

  17. 17
    IPEDS Outcome Measures survey

    National Center for Education Statistics (NCES) · Students entering fall 2016 · retrieved 2026-10-12

  18. 18
    Franklin W Olin College of Engineering (2026)

    Franklin W Olin College of Engineering · 2026 · retrieved 2026-10-04

IPEDS unit ID 441982 · Data retrieved 2026-10-12. Tap any ⓘ to see where that number came from and what year it describes. National ranks and medians include every 4-year college that reports the measure. How we source and calculate everything