Franklin W Olin College of Engineering vs Rice University

Franklin W Olin College of Engineering and Rice University, 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 13%, while Rice, a larger, private research university in Houston, Texas, has a more accessible acceptance rate of 15%. Olin's focus on hands-on learning and its distinctive curriculum, which emphasizes project-based work and entrepreneurship, sets it apart from Rice, which offers a broader range of engineering disciplines and opportunities for research. While Olin's student body is predominantly male (70%), Rice's student population is more diverse, with a 50-50 gender ratio. Both institutions boast impressive graduation rates, with Olin's four-year graduation rate at 88% and Rice's six-year graduation rate at 91%. To help you make an informed decision about your engineering education

	Franklin W Olin College of Engineering	Rice University
Overview
Location	Needham, Massachusetts	Houston, Texas
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%	97.0%
Common app member	Yes	Yes
Religious affiliation

Admission
Acceptance rate	18.0%	9.5%
Application fees	$85	Undergraduate: $75 Graduate: $85
SAT range	1490 - 1580	1490 - 1570
ACT range	34 - 35	34 - 35
Students submitting SAT score	41.0%	46.0%
Students submitting ACT score	23.0%	29.0%
Total number of applicants	907	29,544
Total number of admissions given out	163	2,802
Admitted students who chose to enroll	91	1,226
Yield rate	55.8%	43.8%
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	$71,745
Average net price	$36,494	$18,521
Tuition	$55,612	$52,070
Room & board	$17,984	Room/dormitory: $10,100 Meal plan: $4,700
Available payment plans	Tuition payment plan	Prepaid tuition plan Tuition payment plan

Financial Aid
Students receiving financial aid (Grants & scholarships)	100.0% Average amount $38,069	61.0% Average amount $51,036
Students receiving federal student loan	23.0% Average amount $4,382	9.0% Average amount $4,982
Students taking out private loans	2.0% Average amount $33,500	2.0% Average amount $24,340

Students and Campus
Undergraduate students	382 Men 47.9% Women 52.1%	4,247 Men 51.5% Women 48.5%
Graduate students	N/A	4,038 Men 63.9% Women 36.1%
Racial/ethnic diversity	Moderate	Moderate
Out-of-state students	N/A	56.1%
International students	8.4%	25.5%
Campus local/setting	Suburb: Large	City: Large
Dormitory capacity	363	3,533
First year students are required to live on campus?	No	No
Top 5 states where most U.S. students come from	N/A	Texas California New York Florida Illinois

Academics
Popular study areas	Engineering	Business Engineering Computer and Information Science Social Sciences Physical Science
Students to faculty ratio	8:1	6:1
Institutional accreditation	New England Commission on Higher Education	Southern Association of Colleges and Schools Commission on Colleges

Outcome
Graduation rate	97.4%	92.3%
Dropout rate	2.6%	6.9%
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	Computer and Information Sciences, General (Bachelor's Degrees) Year 1: $122,770 Year 2: $129,481 Year 3: $145,256 Business Administration, Management and Operations (Master's Degrees) Year 1: $128,659 Year 2: $127,993 Year 3: $134,258 Chemical Engineering (Bachelor's Degrees) Year 1: $78,801 Year 2: $83,915 Year 3: $92,763 Economics (Bachelor's Degrees) Year 1: $87,989 Year 2: $72,884 Year 3: $81,590 Mechanical Engineering (Bachelor's Degrees) Year 1: $70,400 Year 2: $68,219 Year 3: $76,594 History (Bachelor's Degrees) Year 1: N/A Year 2: $49,840 Year 3: $61,295 Political Science and Government (Bachelor's Degrees) Year 1: N/A Year 2: $50,231 Year 3: $59,421 Health and Physical Education/Fitness (Bachelor's Degrees) Year 1: $38,232 Year 2: $35,060 Year 3: $52,284 English Language and Literature, General (Bachelor's Degrees) Year 1: $28,009 Year 2: $46,087 Year 3: $46,363 Psychology, General (Bachelor's Degrees) Year 1: $31,474 Year 2: $30,119 Year 3: $45,615

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Franklin W Olin College of Engineering

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