Thank you for visiting NationalApplicationCenter.com.

If you are seeing this message, you are doing so for one of several reasons:

  1. You are using a text based browser
  2. You are viewing this site on a web-enabled cell phone
  3. You are using an outdated browser which doesn't fully support Cascading Style Sheets (CSS)

If you fall into the third category, you'll need to upgrade your browser to view NationalApplicationCenter.com the way it was intended to be viewed.

To make your life a little simpler, here are some links to CSS compliant browsers:

Any one of these browsers properly supports the CSS used on this site and will allow you to view this site as intended.

National Application Center :: campus tours :: Olin College of Engineering costs & financial aid

Plan, explore, and apply to college using these great tools.

Olin College of Engineering

Olin College of Engineering
1000 Olin Way
Needham, MA 02492-1200

Official telephone: (781) 292-2300
Website: www.olin.edu
Screen last updated on: December 2016

The financial aid information below is valid for the 2015 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Jean Ricker,
Director of Financial Aid
Contacting the office: 781 292-2215
finaid@olin.edu
FAFSA number: 039463

EXPENSES
Undergraduate tuition: $46,800; $46,800 out-of-state
Additional required fees: $530
Book fees: $300
Miscellaneous expenses: $1,753
Other expenses: Transportation, personal.
Combined room and board expenses: $15,800

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAN/AnoFebruary 15

Date award notification begins: March 21
Applied for financial aid:
66% of first-year students
52% of full-time undergraduates
0% of part-time undergraduates
Determined to have financial need:
72% of first-year students
86% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
81% of first-year students
88% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
97% of first-year students
97% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
99% for first-year students
99% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$44,358 for first-year students
$42,254 for full-time undergraduates
Average need-based gift award:
$42,883 for first-year students
$40,374 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$2,949 for first-year students
$3,305 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$31,332,949 for first-year students
$3,305 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
53% of first-year students
55% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$23,458 for first-year students
$23,092 for full-time undergraduates
School participates in Federal Work-Study Program: no

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
Parent loans packaged to meet need: no
Percent of undergraduates who have borrowed through all loan programs: 43%
Average student debt upon graduation: $18,869
Types of payment plans:
  • Tuition Management Systems
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
First-year scholarship/grant award range: $22,500 - $67,173
Undergraduate scholarship/grant award range: $22,500 - $67,173

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.