Overall Rating Bronze
Overall Score 36.28
Liaison Claire Rodgers
Submission Date June 28, 2018
Executive Letter Download

STARS v2.1

Franklin W. Olin College of Engineering
PA-7: Affordability and Access

Status Score Responsible Party
3.10 / 4.00
"---" indicates that no data was submitted for this field

Does the institution have policies and programs to make it accessible and affordable to low-income students?:
Yes

A brief description of any policies and programs to minimize the cost of attendance for low-income students:

Olin considers itself pretty supportive of high-need low-income students. All students receive the Olin Tuition Scholarship, which covers half of their tuition for 8 semesters. In addition to this scholarship, Olin also meets 100% of demonstrated financial need for US citizens and permanent residents as demonstrated through the FAFSA (Free Application for Federal Student Aid). Olin’s admission process is both holistic (meaning that we consider a variety of factors when making admission decisions rather than relying solely on grades and test scores) and need-blind (meaning that we do not take students’ financial need into consideration when making admission decisions).


A brief description of any programs to equip the institution’s faculty and staff to better serve students from low-income backgrounds:

This is not currently a part of Olin's efforts, but the newly hired Rame Hanna hopes to include this in future training sessions. This is currently done on a case-by-case basis, but there has been nothing formal until this point.


A brief description of the institution’s programs to guide and prepare students and families from low-income backgrounds for higher education:

The Office of Admission & Financial aid works with families to ensure that our application and enrollment process does not present a financial barrier (by providing travel assistance for Candidates’ Weekend and admitted student visits, accepting fee waivers to cover application fees, etc.).


A brief description of the institution's scholarships for low-income students:

There is nothing specific for low-income students but all Olin students receive a scholarship for half of tuition and 100% of their demonstrated need through FAFSA.


A brief description of the institution’s targeted outreach to recruit students from low-income backgrounds:

The admissions councilors visit with students and their counselors at Community Based Organizations and schools when they travel. Additional programs were started after the performance year.


A brief description of the institution’s other policies or programs to make the institution accessible and affordable to low-income students:

For candidates' weekend, a crucial part of the admissions process, there is an on-campus interview and the opportunity to meet with the financial aid office. Travel can be reimbursed.


Does the institution have policies and programs to support non-traditional students?:
No

A brief description of the institution’s scholarships provided specifically for part-time students:
---

A brief description of the institution’s on-site child care facility, partnership with a local facility, and/or subsidies or financial support to help meet the child care needs of students:
---

A brief description of the institution’s other policies and programs to support non-traditional students:
---

Does the institution wish to pursue Part 2 of this credit (tracking accessibility and affordability)? (If data is not available, select 'No'):
Yes

The percentage of entering students that are low-income (0-100):
11

The graduation/success rate for low-income students (0-100):
82

On average, the percentage of need that was met for students who were awarded any need-based aid (e.g. as reported to the U.S. Common Data Set initiative, item H2) (0-100):
99.30

The percentage of students graduating with no interest-bearing student loan debt or for whom no out-of-pocket tuition is required (i.e. the percentage of graduates who have not taken out interest-bearing loans) (0-100):
68

Estimated percentage of students that participate in or directly benefit from the institution’s policies and programs to support low-income and non-traditional students (0-100):
9

The website URL where information about the programs or initiatives is available:
---

Additional documentation to support the submission:
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Rame Hanna, Director of Diversity, a recent hire, Rae-Anne Butera, Dean of Student Life, and Jeremy Goodman, Assistant Provost for Institutional Research and Decision Support, were data sources.
Alia Georges, Admissions

The information presented here is self-reported. While AASHE staff review portions of all STARS reports and institutions are welcome to seek additional forms of review, the data in STARS reports are not verified by AASHE. If you believe any of this information is erroneous or inconsistent with credit criteria, please review the process for inquiring about the information reported by an institution and complete the Data Inquiry Form.