Financial Aid

Tuition, fees, and financial assistance information for Franklin W Olin College of Engineering

Needham, MA

In-State Tuition

$59,972

Out-of-State Tuition

$59,972

Average Net Price

$40,370

Price Difference

$19,602

Avg. financial aid

Tuition & Fees

In-State Students $59,972

Annual tuition for residents of MA

Out-of-State Students $59,972

Annual tuition for non-residents

Average Net Price $40,370

Average amount students pay after grants and scholarships

Net Price by Family Income

Average net price for students receiving Title IV federal financial aid (2022-23)

$0 - $30,000

$7,058

$30,001 - $48,000

$4,690

$48,001 - $75,000

$13,333

$75,001 - $110,000

$21,098

Over $110,000

$46,317

Financial Aid Overview

For first-time, full-time undergraduate students (2022-23)

Students Receiving Any Financial Aid

76 of 76 students

100%

Grants & Scholarships

Recipients

76 (100%)

Average Award

$41,116

Federal Pell Grants

Recipients

16 (21%)

Average Award

$5,495

Aid by Source

Institutional Grants

76 recipients (100%)

$39,833 avg

Student Loans

Federal student loan data for all undergraduates (2022-23)

Total Borrowers

85

22% of students

Average Loan Amount

$4,955

Financial Aid Resources

Net Price Calculator

Estimate your actual cost after financial aid

Financial Aid Office

Learn about available aid programs and apply

FAFSA Information

Complete the Free Application for Federal Student Aid to qualify for grants, loans, and work-study programs.

Apply for FAFSA →

Payment Plans Available

Many institutions offer flexible payment plans to help students manage education costs. Contact the financial aid office to learn about available options including:

  • Monthly payment plans
  • Deferred payment options
  • Employer tuition assistance programs

Need Help?

Contact the financial aid office for personalized assistance with:

  • Scholarship opportunities
  • Grant eligibility
  • Work-study programs
  • Payment plan options

Federal School Codes

OPE ID: 03946300
IPEDS ID: 441982

Use these codes when applying for federal financial aid

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