The Franklin W. Olin College of Engineering (also known as Olin College of Engineering, Olin College or simply Olin) is a private undergraduate engineering college in Needham, Massachusetts, adjacent to Babson College. Olin College is noted in the engineering community for its youth, small size, project-based curriculum, and large endowment funded primarily by the F. W. Olin Foundation. The college covers half of each admitted student's tuition through the Olin Scholarship.