Financial Aid at Franklin W Olin College of Engineering
Financial Aid Amount Received
$39,739 (61.65% of tuition)
Percent of Financial Aid Received
95% of 386 students
361 undergraduate students (95% 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 $39,739 and the average loan amount is $4,995. The average financial aid amount is 61.65% of tuition & fees (tuition & fees: $64,458).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 361 | 95% | $14,345,905 | $39,739 |
| Pell Grants | 48 | 13% | $242,749 | $5,057 |
| Federal Students Loans | 82 | 21% | $409,603 | $4,995 |
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), 91 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 $40,522 and the average amount of student loans awarded to full-time first-time undergraduate students is $9,042.
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 | 91 | 100% | - | - |
| Grant or scholarship aid | 91 | 100% | $3,687,532 | $40,522 |
| Federal Grants | 12 | 13% | $69,225 | $5,769 |
| Pell Grants | 12 | 13% | $62,490 | $5,208 |
| Other Federal Grants | 5 | 5% | $6,735 | $1,347 |
| State/Local Grants | 0 | 0% | $0 | $0 |
| Institutional Grants | 91 | 100% | $3,618,307 | $39,762 |
| Student Loans | 27 | 30% | $244,126 | $9,042 |
| Federal Student Loans | 26 | 29% | $123,408 | $4,746 |
| Other Student Loans | 3 | 3% | $120,718 | $40,239 |