Franklin W Olin College of Engineering campus
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Franklin W Olin College of Engineering

Average Grant & Scholarships

In 2022, 100 of freshman students at Franklin W Olin College of Engineering received on average $38,069 in grant and scholarships from the college, the state and/or the federal government. Below is detail stats of the aid provided to full-time, freshman students.

$38,069
Students Receiving Aid Average Amount Total Amount
Pell Grant 12 14% $4,987 $59,840
Other Federal Grant 12 14% $5,585 $67,019
State Grant/Scholarships 0 0% - -
Institutional Grant/Scholarships 84 100% $37,271 $3,130,796
Total Grant & Scholarships 84 100% $38,069 $3,197,815

Average Student Loans

In 2022, 23% of freshman students at Franklin W Olin College of Engineering received $4,382 (average) in federal student loan. Below is detail stats of all the loans provided to full-time, freshman students.

$4,382
Students Receiving Loan Average Amount Total Amount
Federal Student Loans 19 23% $4,382 $83,250
Private Loans 2 2% $33,500 $67,000
Total Loans 19 23% $7,908 $150,250

Financial Aid By Income Level

Financial aid breakdown by students family income level. The data is organized by income level group starting from families making below $30k to above $110k.

NO DATA

Post-9/11 GI Bill

Post 9/11 GI Bill is a federal education benefit program for veterans, who served on active duty after September 10, 2001. This Department of Veteran Affairs benefit provides up to 36 months of education benefits at an approved institution for the following college costs: tuition and fees, books and supplies and housing. The tuition and fees payment, which is the cost for an in-state student attending a public institution, is made directly to the post-secondary institution whereas payments for books and supplies and housing are sent directly to the student.

$26,344
Average aid amount
2022

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