Franklin W Olin College of Engineering

What the IPEDS & College Scorecard Data Shows for Franklin W Olin College of Engineering

Franklin W Olin College of Engineering operates as a private nonprofit institution located in Needham, Massachusetts (suburb: large), with a total reported enrollment of 377 students of which 436 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Franklin W Olin College of Engineering is categorized as “28” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 25.2%, drawn from the most recent IPEDS Fall enrollment survey, with an average SAT of 1,520 and an ACT midpoint of 35. The average net price after grants and scholarships is $25,171, with published in-state tuition of $66,398 and a Pell grant recipient share of 12.1%. Median federal student debt at graduation is $19,500, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 94.2%, and the first-year retention rate is 98.0%. Graduates earn a median of $129,455 ten years after enrolling, compared with $105,483 six years post-enrollment. Within three years of entering repayment, 3000.0% of borrowers are making progress on their federal loans. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.