Olin ends free rides

<p>50% for now on.</p>

<p>[Olin</a> College Discontinues Policy of Full Scholarships for All - Chronicle.com](<a href=“http://chronicle.com/news/index.php?id=6662&utm_source=pm&utm_medium=en]Olin”>http://chronicle.com/news/index.php?id=6662&utm_source=pm&utm_medium=en)</p>

<p>Yeah, Rice beat them to that awhile ago ;)</p>

<p>Is it weird that that’s also the first thing I thought of? Probably not.</p>

<p>I guess they figure that they’re well established now, so they don’t have to give it completely away.</p>

<p>^ Not really. The article says that they’ll restore the full scholarships once economic conditions are better.</p>

<p>I usually don’t comment on other schools, but having been a part of Olin in the past, I’m compelled to say that I’m confident Olin Scholarship will be a full scholarship again.</p>

<p>There is a much more lengthy press release on Olin’s website about the change:
[Olin</a> College : About Olin : Press Releases](<a href=“http://www.olin.edu/about_olin/news/press_release.aspx?id=341]Olin”>http://www.olin.edu/about_olin/news/press_release.aspx?id=341)</p>

<p>even so, being 50%, Olin is still a bargain compared to other schools</p>

<p>I think Olin is an awesome school. This is the way that most schools in the US should be. Education should not cost a kidney and a leg.</p>

<p>Cooper Union is still 100%.</p>

<p>Cooper Union has real estate holdings which help to bolster to its endowment, as well as a MUCH larger alumni pool to draw from. Olin has every intention to return to the full scholarship model, but these are extraordinary economic circumstances which all colleges are struggling with.
Olin is amazing, though, and would have been our son’s first choice without any scholarship at all!</p>

<p>Am wondering why you don’t see Cooper Union listed in too many places as a top engineering school. Cornell, MIT, Rose-Hulman, Standford, CalTech, Purdue, etc. always show up but I haven’t seen CU very much…does anyone know how its engineering school stacks up?</p>

<p>It’s tops, of course. It’s just that most of the kids who are enrolled there genuinely need the scholarship, and, of course, the wealthy and elite look down upon the needy.</p>

<p>I don’t think most people talking about college are necessarily wealthy and elite.</p>

<p>But first of all, it doesn’t show up on a lot of rankings because it’s not a University, it’s only undergrad.
Second of all, it’s really small. Olin doesn’t really show up either.</p>

<p>I am aware of two brilliant young women who did their undergrad in engineering at Coopers Union and are in graduate school at MIT. Not too shabby.</p>

<p>There was a recent article in the Wall Street Journal regarding Cooper Union’s endowment and how it’s surviving this current economy: [One</a> College Sidesteps the Crisis - WSJ.com](<a href=“http://online.wsj.com/article/SB124631610981670647.html]One”>http://online.wsj.com/article/SB124631610981670647.html)</p>

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<p>It’s among the best in the country, but as others have pointed out, it’s very small, so it doesn’t get as much attention. The entire college is under 1,000 students, and only about half are in engineering. The rest are architecture and art students, who are also among the most talented in the nation.</p>

<p>The only other reason I can think of is some students would rather have a more traditional college experience and thus don’t consider Cooper. It’s a great school, but even as biased as I am (CU alum here), I know it’s not a fit for every 17/18 year old out there.</p>