Consumer Information for Current and Prospective Students
Intended for the use of prospective and current Olin College of Engineering students and interested others, this page contains information, links and references to helpful information on a variety of subjects, including Olin’s academic programs, cost of attendance, financial aid, and post-graduate activities of alumni. Click on each title to view or hide the information in that section.
This page includes disclosures required by the Higher Education Act, as amended, and its implementing regulations, along with other information that may be of interest.
Olin has majors in Engineering, Electrical and Computer Engineering, and Mechanical Engineering. Learn more about Olin's major requirements, general course and distribution requirements, and academic policies by clicking visiting our course catalog. Olin's six-year graduation rate is 86% for first time, first year students who began their studies in 2010, with a four year average of 93%. • Of the first year students who began their studies in Fall 2015, 99% returned in Fall 2016. • Most students are more concerned about graduating in four years; at Olin, 75-80% graduate in four years. Many of the students who do not graduate in four years take a semester or even a year off to pursue a once-in-a-lifetime opportunity. Here's more information about graduation rates: Group Six Year Graduation Rate(Spring 2016) Men 83% Women 90% Domestic Students of Color 94% International Students 100% Receiving Pell Grant 71% Receiving Federal Student Loans 88% Receiving No Federal Aid 88% Olin graduates find immediate success, whether they continue their education or go to work. For the Class of 2014-16, 92% were employed or in graduate school within six months of graduation. Of those employed, their average salary was an astounding $75,571. Olin is accredited by the New England Association of Schools and Colleges and all three degree programs by ABET. Learn the details of Olin's accreditation here. Students may also be interested in specific policies, such as the Study Away Program, cross-registration at Babson, Brandeis and Wellesley (articulation agreements), the full-time student definition, transfer credit, satisfactory academic progress (academic and financial), or withdrawal from Olin or a specific course. Textbook information is available on the Course Schedules section of Phoenix Net.
You probably already know about the Olin Tuition Scholarship, which covers $23,400 for each student in 2016-17, but that alone doesn't give a clear picture of Olin's value. Here's more information on how Olin strives to be affordable: The total annual cost to attend Olin for a first-year student is $69,282 for 2016-17 (see the breakdown here). In 2016-17: • 53% of first year students qualified for need-based aid. • Grants and scholarships range from$23,400 to $70,238. • First year students receiving need-based grants got an average total grant and scholarship package of $42,683. • 9% of Olin students qualified for Federal Pell Grants. • About 32% of Olin's 2016 graduates took out federal student loans to help pay for their education, borrowing an average of $15,849 while at Olin. • Olin has the very unusual federal student loan default rate of 0%, which means that no student from the Class of 2012 defaulted on his or her student loans within the first three years after graduation. • Do you want to find out how much it might cost for you to attend Olin? Try our Net Price Calculator. Be sure to enter all information completely and accurately for the best estimate. • Students may also be interested in specific policies, such as general financial aid information, the refund policy and the return of Title IV aid policy, the Code of Conduct for Education Loans, student loan information and entrance and exit counseling for student loan borrowers, information on the National Student Loan Data System (NSLDS), or the federal student financial aid penalties for drug violations. Still need more information on costs and financial aid? Contact the Financial Aid Office, at 781-292-2215 or email@example.com.
There are a few other policies that Olin is required to disclose, which are the following: • Office of Sponsored Programs Conflict of Interest Policy • Data Security Policy • Identity Theft Prevention Program (FTC Red Flag Rule) • Human Resources Conflict of Interest Statement for Exempt Administrators Still need to know more about Olin? Visit the College Navigator website hosted by the US Department of Education.