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 visiting our course catalog. • Of the first year students who began their studies in Fall 2019, 81% returned in Fall 2020 (typically 99-100% of first year students return). • Olin's six-year graduation rate is 94% for first-time, first-year students who began their studies in 2014, with a four year average of 94%. • 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 Men 93% Women 94% Domestic Students of Color 92% Receiving Pell Grant 90% Receiving Federal Student Loans 85% Receiving No Federal Aid 98% Olin graduates find immediate success, whether they continue their education or go to work. For the Class of 2018-20, 88% were employed or in graduate school within six months of graduation. Of those employed, their average salary was an astounding $87,361. Olin is accredited by the New England Commission of Higher Education 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.
You probably already know about the Olin Tuition Scholarship, which covers $26,995 for each student in 2020-21, 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 $76,846 for 2020-21 (see the breakdown here). In 2020-21: • 47% of first year students qualified for need-based aid. • Grants and scholarships range from$26,995 to $78,248. • First year students receiving need-based grants got an average total grant and scholarship package of $54,243. • 14% of Olin students qualified for Federal Pell Grants. • About 36% of Olin's 2020 graduates took out federal student loans to help pay for their education, borrowing an average of $17,690 while at Olin. • Olin has the very unusual federal student loan default rate of 0% • 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 be interested in policies, such as general financial aid information and the Institutional refund policy. Other specific required disclosures include general student loan information about Entrance and Exit Counseling and the National Student Loan Data System (NSLDS), our Statement of Ethical Principles and Code of Conduct, information about requirements related to college withdrawal and Title IV aid, as well as important information about 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 firstname.lastname@example.org.
There are a few other policies that Olin is required to disclose, which are the following: • Office of Sponsored Programs Conflict of Interest Policy • Information Security Plan • 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.