One important point about this school that's kind of lost in the mission statement is this: "little or no cost".
Every student accepted to Olin is given a $130,000 scholarship to the school. That covers both tuition and
room. The actual cost to the student is about 7,000 dollars a year, most of which goes to covering food, the required laptop and travel expenses.
Olin is also closely tied to the surrounding schools, including Babson College
, Brandeis University
, allowing Olin students access to a broad range of liberal arts courses, as well as the world class engineering faculty.
The second class (2007) was just admitted, and it looks like about 90% of them are are going to matriculate
there. This would give Olin the highest rate in the country by a substantial margin.