Do you know of many colleges that give a full-tuition scholarship to every student admitted? The Franklin W. Olin College of Engineering, in Needham, Mass., is one of the few colleges that actually does.
This small school opened in the fall of 2002, and every year admits about 75 new students at no cost. Of the 600 applicants, they invite about 200 to an informational retreat at the school. Then, 100 students are invited to attend. Approximately 75 to 80 accept. If you can beat the competition, Olin college is an excellent and low-cost way to earn a degree in engineering.
Franklin W. Olin College of Engineering
Location: Needham, Mass.
Student/faculty ratio: 9:1
Undergraduates: 304
Web site: www.olin.edu
Tuition: $33,600 (every student receives a full-tuition scholarship)
Average room and board: $16,157
Average SAT score: 1440-1530
Acceptance rate: 13 percent
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