Student Handbook 2025-26 > Financial Aid and Student Accounts > Financial Aid > Costs and Financial Aid

Costs and Financial Aid

Committed to Affordability

Olin remains dedicated to making education financially accessible. Our combination of rigorous academics, strong career outcomes, and generous financial aid is why The Princeton Review named Olin a "2025 Best Value College" and U.S. News & World Report ranked us the #2 Undergraduate Engineering Program among non-doctorate institutions in its 2025 rankings.

The Olin Tuition Scholarship 

The Olin Tuition Scholarship is a merit-based award granted to all admitted students. Covering eight semesters of full-time study, the scholarship honors exceptional achievement both inside and outside the classroom and reflects our belief in your potential to thrive at Olin.

This scholarship is part of our broader commitment to access and excellence, designed to attract ambitious, mission-driven students who are ready to make a positive impact in the world and to help make an Olin education possible for them.

Need-Based Aid at Olin

In addition to the Olin Tuition Scholarship, the College is committed to meeting full demonstrated financial need for up to eight semesters of required full-time study, provided students apply by the appropriate deadlines and are eligible for assistance.

Eligibility for need-based aid is determined through the Free Application for Federal Student Aid (FAFSA). At this time, need-based aid is available to U.S. Citizens and Eligible Non-Citizens.