Financial Aid at Franklin W Olin College of Engineering
Financial Aid Amount Received
$39,949 (64.64% of tuition)
Percent of Financial Aid Received
93% of 386 students
358 undergraduate students (93% of all students) have received grants, scholarships, and/or federal student loans at Franklin W Olin College of Engineering. The percentage of students who received financial aid much higher compared to Private (not-for-profit), 4-Years Colleges in Massachusetts.
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $39,949 and the average loan amount is $4,955. The average financial aid amount is 64.64% of tuition & fees (tuition & fees: $61,802).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 358 | 93% | $14,301,628 | $39,949 |
| Pell Grants | 52 | 13% | $292,196 | $5,619 |
| Federal Students Loans | 85 | 22% | $421,193 | $4,955 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 76 students have received one or more types of financial aid at Franklin W Olin College of Engineering.
The average amount of federal, state, local or institutional grant aid is $41,116 and the average amount of student loans awarded to full-time first-time undergraduate students is $10,155.
The following table shows the financial data by type of aid at Franklin W Olin College of Engineering.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 76 | 100% | - | - |
| Grant or scholarship aid | 76 | 100% | $3,124,795 | $41,116 |
| Federal Grants | 16 | 21% | $97,520 | $6,095 |
| Pell Grants | 16 | 21% | $87,920 | $5,495 |
| Other Federal Grants | 8 | 11% | $9,600 | $1,200 |
| State/Local Grants | 0 | 0% | $0 | - |
| Institutional Grants | 76 | 100% | $3,027,275 | $39,833 |
| Student Loans | 20 | 26% | $203,106 | $10,155 |
| Federal Student Loans | 20 | 26% | $86,000 | $4,300 |
| Other Student Loans | 4 | 5% | $117,106 | $29,277 |