Franklin W Olin College of Engineering vs Illinois Tech

Franklin W Olin College of Engineering and Illinois Institute of Technology, both esteemed institutions of higher learning, offer unique educational experiences for aspiring engineers. Olin, a small, private college in Needham, Massachusetts, boasts a highly selective admissions process with an acceptance rate of only 14%, while IIT, a larger, private research university in Chicago, Illinois, has a more accessible acceptance rate of 60%. Olin's undergraduate student body is predominantly male (78%) and primarily focused on engineering studies, while IIT's student body is more diverse, with a 50:50 gender ratio and a wider range of academic programs, including engineering, science, psychology, architecture, and design. Both institutions boast impressive graduation rates, with Olin's four-year graduation rate at 88% and IIT's six-year graduation rate at 73%. To help you make an informed decision about your engineering education, we've compiled a comprehensive comparison table that delves into these

	Franklin W Olin College of Engineering	Illinois Institute of Technology
Overview
Location	Needham, Massachusetts	Chicago, Illinois
Campus setting	Suburb: Large	City: Large
College type	4 year	4 year
Control/business model	Private (Non Profit)	Private (Non Profit)
Calendar system	Semester	Semester
Degrees offered	Undergraduate	Undergraduate and Graduate
Students retention rate	100.0%	87.0%
Common app member	Yes	Yes
Religious affiliation

Admission
Acceptance rate	18.0%	66.1%
Application fees	$85	$75
SAT range	1490 - 1580	1230 - 1410
ACT range	34 - 35	26 - 32
Students submitting SAT score	41.0%	39.0%
Students submitting ACT score	23.0%	20.0%
Total number of applicants	907	6,521
Total number of admissions given out	163	4,311
Admitted students who chose to enroll	91	505
Yield rate	55.8%	11.7%
Test scores (SAT/ACT)	N/A	N/A
High school GPA	Required	Not required
Recommendation letters	Required	Required
High school transcript	Not required	Not required
English proficiency test (e.g. TOEFL)	Not required	Required

Tuition and Fees
Sticker price	$73,649	$67,790
Average net price	$36,494	$26,789
Tuition	$55,612	$48,670
Room & board	$17,984	Room/dormitory: $6,842 Meal plan: $7,204
Available payment plans	Tuition payment plan	Tuition payment plan

Financial Aid
Students receiving financial aid (Grants & scholarships)	100.0% Average amount $38,069	100.0% Average amount $40,370
Students receiving federal student loan	23.0% Average amount $4,382	46.0% Average amount $5,078
Students taking out private loans	2.0% Average amount $33,500	4.0% Average amount $16,758

Students and Campus
Undergraduate students	382 Men 47.9% Women 52.1%	2,998 Men 67.5% Women 32.5%
Graduate students	N/A	3,488 Men 59.8% Women 40.2%
Racial/ethnic diversity	Moderate	Moderate
Out-of-state students	N/A	N/A
International students	8.4%	37.5%
Campus local/setting	Suburb: Large	City: Large
Dormitory capacity	363	1,722
First year students are required to live on campus?	No	No
Top 5 states where most U.S. students come from	N/A	N/A

Academics
Popular study areas	Engineering	Engineering Computer and Information Science Legal Profession Business Architecture
Students to faculty ratio	8:1	12:1
Institutional accreditation	New England Commission on Higher Education	Higher Learning Commission

Outcome
Graduation rate	97.4%	71.4%
Dropout rate	2.6%	26.0%
Transferred out	N/A	N/A
Alumni salary by major (Top 10)	Engineering, General (Bachelor's Degrees) Year 1: $91,352 Year 2: $75,706 Year 3: $104,429 Mechanical Engineering (Bachelor's Degrees) Year 1: N/A Year 2: $78,343 Year 3: $79,692 Electrical, Electronics and Communications Engineering (Bachelor's Degrees) Year 1: N/A Year 2: $76,460 Year 3: N/A	Design and Applied Arts (Master's Degrees) Year 1: $116,573 Year 2: $90,856 Year 3: $122,231 Computer Science (Master's Degrees) Year 1: $84,214 Year 2: $90,412 Year 3: $98,163 Computer Science (Bachelor's Degrees) Year 1: $65,905 Year 2: $78,971 Year 3: $92,129 Law (First Professional Degrees) Year 1: $64,681 Year 2: $65,131 Year 3: $79,844 Electrical, Electronics and Communications Engineering (Bachelor's Degrees) Year 1: $58,164 Year 2: $68,499 Year 3: $79,429 Mechanical Engineering (Master's Degrees) Year 1: $77,411 Year 2: $70,680 Year 3: $78,363 Computer and Information Sciences, General (Master's Degrees) Year 1: $72,589 Year 2: $73,949 Year 3: $77,051 Civil Engineering (Master's Degrees) Year 1: $66,945 Year 2: $66,169 Year 3: $76,694 Architectural Engineering (Bachelor's Degrees) Year 1: N/A Year 2: $63,005 Year 3: $74,733 Chemical Engineering (Bachelor's Degrees) Year 1: $63,314 Year 2: $62,012 Year 3: $71,785

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Franklin W Olin College of Engineering vs Illinois Tech

Franklin W Olin College of Engineering

Illinois Institute of Technology

Overview

Admission

Tuition and Fees

Financial Aid

Students and Campus

Academics

Outcome

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