Cost & Aid
Committed to Affordability
Olin is committed to affordability. Olin’s merit scholarship program—complemented by our policy of meeting full demonstrated need—means finances should never stand in the way of an Olin education. Our combination of excellent academics and generous aid is why Princeton Review and Fiske Guide call us a “best buy” college, and Parents and Colleges magazine ranks us number one among the Top 10 financial aid providers in the country. Admission to the college is need blind, meaning ability to pay is not a consideration when evaluating a student’s admission application materials.
The Olin Tuition Scholarship
Currently valued at more than $93,000, the merit-based Olin Tuition Scholarship benefits all admitted students. Offered for eight semesters of full time study and covering half the tuition charges, this scholarship recognizes achievement inside and outside the classroom and represents our confidence in your ability to succeed in this unique academic environment. Our goal is to attract talented students committed to making a difference in the world, and partnering with them to make an Olin education a reality.
Need-Based Aid at Olin
In addition to this merit scholarship, the College is committed to meeting the full demonstrated financial need for those who apply by the appropriate deadline and are eligible for additional assistance. Similiar to the merit scholarship, our need-based aid program is available for eight semesters of full-time study. Our process involves a single application – the Free Application for Federal Student Aid (FAFSA) – and is designed to be streamlined and equitable.
Eligibility is determined by completion of the FAFSA. Currently, full need-based aid is awarded to U.S. Citizens and Eligible Non-Citizens. Limited need-based aid may be available for International students.