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Olin College of Engineering

#181 in US ranking Needham, MA
Type:
Private not-for-profit
Programs:
4 years or more

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Olin College of Engineering award
Olin College of Engineering award

Cost

Cost / year
$89,669
Tuition & fees
$66,722
Avg. aid
$42,121
Receiving aid
100%

Admissions

Acceptance rate
25%
SAT range
1493–1558
Avg. ACT
35

Outcomes

Graduation rate
96%
Median salary
$89,327
1 yr after graduation

What is the cost of studying for a year at Olin College of Engineering?

Olin's published cost is much higher than tuition alone, although scholarships and need-based aid can substantially change what a student pays. In the reported 2024-25 tuition data, full-time undergraduate tuition was $61,772 and required fees were $1,970, with the same charges reported for in-state and out-of-state students.

  • 2024-25 reported tuition and required fees: $63,742.
  • Reported annual room and board charges: $22,060.
  • Reported books and supplies estimate: $240.

Those components total $86,042 before transportation and personal expenses; they are not a complete, individually calculated cost of attendance. Costs for another academic year should be checked against that year's official budget rather than combined with these figures. Olin's half-tuition scholarship for admitted students is particularly important when reading the sticker price, while additional need-based aid depends on eligibility and the college's aid process.

Reported 2024-25 average net prices illustrate why the published total is not a bill for every family. The average was $3,100 for students in the lowest listed family-income band, $0-$48,000, compared with $27,096 for those in the band above $110,000. These are averages after aid for students in each reporting group, not quotes for a particular applicant. Students seeking federal aid should complete the FAFSA and check Olin's current requirements for institutional aid; loans remain a separate obligation even when included in a financing plan.

What are the work-study opportunities at Olin College of Engineering?

Olin students can seek campus employment and career-development support, but a part-time job, Federal Work-Study award and internship are three different arrangements. Federal Work-Study depends on financial-aid eligibility and provides wages for qualifying work; it is not a grant automatically deducted from a tuition bill.

Students considering employment should ask the financial aid or student employment office which positions are available, how to apply and whether a Work-Study award is required for a particular job. Because projects and coursework can be time-intensive, the number of hours a student can reasonably work may matter as much as the hourly rate. Internship opportunities are career experiences with their own hiring processes, not a graduation requirement for every Olin student.

Olin's career services include individual counseling, résumé and interview assistance, employer recruiting, job postings, career fairs and alumni networking. Those services can support a search but should not be mistaken for a promise of an internship or job offer.

Olin College of Engineering Tuition and Fees

In-state tuition & fees
$66,722
Out-of-state tuition & fees
$66,722
Tuition
$64,552
Fees
$2,170
Room and board
$22,060
Books and supplies
$240

Total Cost

Cost of attendance per year
$89,669
Tuition & fees
$66,722
Housing, food, books & other
$22,947

100% of undergraduates receive aid, $42,121 on average

Olin College of Engineering Cost of Living

Yearly living expenses by where students live

On campus
$23,031

Olin College of Engineering Net Price by Family Income

Average yearly cost after grants, students awarded federal aid

$0–30,000
$7,058
$30,001–48,000
$3,100
$48,001–75,000
$9,528
$75,001–110,000
$12,271
Over $110,000
$27,096

Olin College of Engineering Room and Board Cost

Typical room charge for academic year

$13,064

Typical board charge for academic year

$8,996

Total dormitory capacity

379

Institution provide on-campus housing

Yes

Olin College of Engineering Financial Aid

Undergraduate average amount

$42,121

All

$43,290

Students Receiving Financial Aid

Share of undergraduate students
100%

Olin College of Engineering Grants, Loans and Debt

Students receiving Pell Grants
12%
Students with federal loans
25%
Median debt at completion
$13,845

Data last updated on November 2, 2026

Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026

Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.

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