The cost for undergraduate students to attend Franklin W Olin College of Engineering for an academic year can be broken down into $52,164 for tuition, $3,336 for fees, $200 for books and supplies, $16,872 for room and board and $1,714 for other expenses. The cost for in-state and out-of-state students is the same.
Tuition and Fees
|Books and supplies||$200|
|Room and board||$16,872|
|Any alternative tuition plans offered by institution||Yes|
|Tuition guaranteed plan||No|
|Prepaid tuition plan||No|
|Tuition payment plan||Yes|
|Other alternative tuition plan||No|
100% of undergradate students at Franklin W Olin College of Engineering received financial aid. The distribution of financial aid types at Franklin W Olin College of Engineering consists of 100% receiving grant or scholarship aid of $36,640 on average, 14% receiving pell grants of $5,291 on average, 100% receiving institutional grants or scholarships of $35,798 on average, and 30% receiving federal student loans of $3,899 on average.
Average Grant/Scholarship Aid
Awarded any Financial Aid
|Aid Type||Number Receiving||Percent Receiving||Average Aid Received|
|Grant or scholarship aid||84||100%||$36,640|
|Institutional grants or scholarships||84||100%||$35,798|
|Federal student loans||25||30%||$3,899|
Average Net Price
Net prices changes by family income and financial need. Net price typically increases with increase in family income because of higher amounts of financial aid available to students belonging to lower income families. Students in the lowest $0 – $30,000 family income bracket paid net price of $845 compared to net price of $3,388 in the $30,001 – $48,000 family income bracket, $5,574 in the $48,001 – $75,000 family income bracket, $13,820 in the $75,001 – $110,000 family income bracket and $41,194 in the $110,001 and more family income bracket.
|Family Income||Net Price Paid|
|$0 – $30,000||$845|
|$30,001 – $48,000||$3,388|
|$48,001 – $75,000||$5,574|
|$75,001 – $110,000||$13,820|
|$110,001 and more||$41,194|
Net price reflects the actual cost to attend after accounting for finanical aid. Net price includes tuition, books, living costs, and other expenses after subtracting federal financial aid received by students.
The cost for a 4 year bachelors degree at Franklin W Olin College of Engineering is $310,196. The cost reported is aggregated over 4 years and includes tuition and fees, books and supplies, room and board, and other miscellaneous expenses. The year to year increases in tuition and cost of living are accounted by applying a rate of increase of 3% which is based on the average rate of increase in the last 2 years as reported by Franklin W Olin College of Engineering. The actual net cost paid by students could be lower because financial aid is not accounted for in this cost. The cost for in-state and out-of-state students is the same.
4-year Sticker Price