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Costs and financial aid

Committed to Affordability

Olin is committed to affordability. Olin’s merit scholarship —complemented by our policy of meeting full demonstrated need—means finances should never stand in the way of an Olin education. Our combination of excellent academics and generous aid is why the 2020 Princeton Review named Olin a "Best Value College" and 2023 Fiske Guide calls us a “Best Buy College". In addition, The Chronicle of Higher Education recognized Olin on their list of "Colleges That Are the Most Generous to the Financially Neediest Students" (Jan 2020).  Admission to Olin was need blind in Fall 2024, meaning ability to pay is not a consideration when evaluating a student’s admission application materials.

The Olin Tuition Scholarship 

The merit-based Olin Tuition Scholarship benefits all admitted students. Offered for eight semesters of required full-time study, this scholarship recognizes achievement inside and outside the classroom and represents our confidence in your ability to succeed in this unique academic environment. Our goal is to attract talented students committed to making a difference in the world and partnering with them to make an Olin education a reality.

Need-Based Aid at Olin

In addition to this merit scholarship, the College is committed to meeting full demonstrated need for up to eight semesters of required full-time study for those who apply by the appropriate deadline and are eligible for additional assistance. 

Eligibility is determined by completion of the FAFSA. Currently, need-based aid is available to U.S. Citizens and Eligible Non-Citizens