Founded in 1997, Franklin W. Olin College of Engineering is a non-profit private specialized higher-education institution located in the suburban setting of the large town of Needham (population range of 10,000-49,999 inhabitants), Massachusetts. Officially accredited by the New England Commission of Higher Education, Franklin W. Olin College of Engineering is a very small coeducational US higher education institution. Franklin W. Olin College of Engineering offers courses and programs leading to officially recognized higher education degrees such as bachelor degrees in several areas of study. This 25 years old US higher-education institution has a selective admission policy based on entrance examinations and students' past academic record and grades. The admission rate range is 10-20% making this US higher education organization a most selective institution. International students are welcome to apply for enrollment. Franklin W. Olin College of Engineering also provides several academic and non-academic facilities and services to students including a library, housing, sports facilities, financial aids and/or scholarships, study abroad and exchange programs, as well as administrative services.