The Franklin W. Olin College of Engineering (which is also known as Olin or Olin College), is a private college near Boston, offering a variety of engineering degrees to undergraduate students. They do not currently offer distance learning, but they will accept a certain amount of distance learning transfer credits into their engineering programs. Olin is accredited by the North Eastern Association of Schools and Colleges, and some of its other programs are accredited separately by appropriate institutions. The Engineering Crediting Commission of Accreditation Board for Engineering and Technology approved the Electrical, Computer, and Mechanical Engineering Programs in 2007. The school does not have separate academic departments, and students are admitted into classrooms with personalized attention that are project and hands on based.
Olin is noted for many reasons, one of these being that every single student admitted receives a scholarship that can cover up to half the tuition. This is part of their endowment from the F.W. Olin Foundation, over half of this money is spent on student tuition and scholarships. Recent educational rankings include several different categories from The Princeton Review such as number thirteen for “Quality of Life,” number five for “Best Classroom Experience,” number five for “Best Campus Food,” number sixteen for “The Happiest Students,” and number four for the “Students Study the Most” category. It has been listed in Kaplan, Inc and Newsweek for one of America’s emerging new “Ivies.” In the 2010 issue of U.S. News college rankings Olin shared the eighth spot for “Best Undergraduate Engineering Program” and number nine for its Electrical/Electronic Communications program.
Degree programs available at Franklin W. Olin College of Engineering are Electrical and Computer Engineering (ECE), Mechanical Engineering (ME), and Engineering (E). Students can concentrate in several areas including Bioengineering, Systems Design, Materials Science, and Computing. There is also an accelerated learning Master of Science degree option in Technological Entrepreneurship offered in conjunction with Babson College which is located adjacent to the Olin campus. Students begin hands on work and group projects their first semester, and must participate in a senior capstone project which is a culmination of their research and study over the four year period. The educational approach at Olin College is interdisciplinary in its method, with students taking a combination of engineering, math, science, art and humanities classes. They call this the “Olin Triangle,” and faculty are committed to giving their students the best training in the hard sciences, the humanities, and entrepreneurship, the three cornerstones of the triangle. Foundational courses include Design Nature, Vector Calculus, Spatially Distributed Systems, Principles of Engineering, User-Oriented Collaborative Design, Arts, Humanities, Social Science, and program specific Engineering courses. Overall, it is a rigorous and well rounded academic program.
Student tuition for in and out of state undergraduate enrollments totals $38,000 per annum. As previously mentioned, half of this is covered by the Olin scholarship awarded to every admitted student. Further expenses include room, board, books and supplies. Other financial assistance is awarded based on need in the form of loans, grants, and scholarships.