Franklin W Olin College of Engineering Net Price Calculator and Real Cost Breakdown
U.S. Department of Education data Net price 2022-23 Charges 2023-24 Verified 2026-08-13 Methodology
The published cost of attendance at Franklin W Olin College of Engineering is about $86,474 for 2023-24 ($64,458 tuition and fees plus housing and food, and books and supplies), and the average student paid $40,370 after grants and scholarships (2022-23 federal data). Your actual price depends mostly on family income. Use the estimator below.
Source: U.S. Department of Education IPEDS, net price 2022-23, published charges 2023-24. Retrieved 2026-08-13.
Estimate your net price
Select your household income to see the average net price students in your bracket actually paid at Franklin W Olin College of Engineering (2022-23 federal data).
per year, estimated
Average net price by household income
| Household income | Average net price (2022-23) |
|---|---|
| $0 to $30,000 | $7,058 |
| $30,001 to $48,000 | $4,690 |
| $48,001 to $75,000 | $13,333 |
| $75,001 to $110,000 | $21,098 |
| $110,001 and up | $46,317 |
Average net price for full-time first-time undergraduates awarded grant or scholarship aid. Source: IPEDS Student Financial Aid survey, 2022-23. Retrieved 2026-08-13.
Where the aid comes from
Aid received by full-time first-time undergraduates at Franklin W Olin College of Engineering in 2022-23, by source:
- 21 percent received a federal Pell Grant, averaging $5,495.
- 100 percent received institutional grants or scholarships from the school itself, averaging $39,833.
- 26 percent took out federal student loans, averaging $4,300. Loans must be repaid and do not reduce the net price.
Source: IPEDS Student Financial Aid survey, 2022-23, full-time first-time undergraduates. Retrieved 2026-08-13. These figures describe a past cohort and are not an offer or estimate of aid.
Published cost vs what students actually pay
100 percent of full-time first-time undergraduates received grant or scholarship aid (2022-23 IPEDS).
That average net price is $11,308 above the Massachusetts average of $29,062 across 71 reporting 4-year institutions (IPEDS SFA 2022-23, retrieved 2026-08-13).
Is the net price rising or falling?
The average net price at Franklin W Olin College of Engineering rose $1,593 over the two years ending 2022-23.
Average net price by year, 2020-21 through 2022-23, from the IPEDS Student Financial Aid survey. Retrieved 2026-08-13.
Size, retention, debt, earnings, and completion
- 377 degree-seeking undergraduates enrolled. Source: College Scorecard, most recent fall. Retrieved 2026-08-13.
- 98 percent of full-time first-time students returned for a second year. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- 96 percent of students complete within 150 percent of normal time. Source: College Scorecard. Retrieved 2026-08-13.
- $19,500 median federal loan debt at graduation. Source: College Scorecard, most recent cohort. Retrieved 2026-08-13.
- $105,483 median earnings of former students 6 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
- $129,455 median earnings of former students 10 years after entry. Source: College Scorecard median earnings, most recent cohort. Retrieved 2026-08-13.
Earnings, debt, retention, and completion describe past federal aid cohorts as reported by the College Scorecard. They are not a promise of any individual outcome.
Common questions about Franklin W Olin College of Engineering costs
What is the real cost of Franklin W Olin College of Engineering?
Published tuition and fees at Franklin W Olin College of Engineering are $64,458 for 2023-24. The average net price, the full cost of attendance minus grant and scholarship aid, was $40,370 (2022-23 IPEDS Student Financial Aid data, retrieved 2026-08-13). Your price depends mostly on household income.
How much aid do students at Franklin W Olin College of Engineering get?
100 percent of full-time first-time undergraduates at Franklin W Olin College of Engineering received grant or scholarship aid in 2022-23 (IPEDS, retrieved 2026-08-13). The income bracket table on this page shows the average net price after that aid.
Do students at Franklin W Olin College of Engineering get Pell Grants?
21 percent of full-time first-time undergraduates at Franklin W Olin College of Engineering received a federal Pell Grant in 2022-23, averaging $5,495 (IPEDS Student Financial Aid data, retrieved 2026-08-13). Pell eligibility is determined by your FAFSA, not by the school.
Is Franklin W Olin College of Engineering worth the cost?
Federal data reports outcomes without judging value. Median federal loan debt at graduation is $19,500. Median earnings 10 years after entry are $129,455 (College Scorecard). Compare those figures with the net price for your income bracket to judge fit for your situation.
The school's official calculator
For a personalized federal estimate including your assets and family details, use Franklin W Olin College of Engineering's official net price calculator.
CollegeNPC.com is not affiliated with or endorsed by Franklin W Olin College of Engineering. Data is compiled from U.S. Department of Education public datasets. For the school's official net price calculator, visit the school's site.