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Franklin College

#160 in US ranking Franklin, IN
Type:
Private not-for-profit
Programs:
4 years or more

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Franklin College award
Franklin College award

Cost

Cost / year
$56,433
Tuition & fees
$40,010
Avg. aid
$29,747
Receiving aid
100%

Admissions

Acceptance rate
70%
SAT range
1060–1240
ACT range
20–26

Outcomes

Graduation rate
60%
Median salary
$46,273
1 yr after graduation

What is the cost of studying for a year at Franklin College?

For 2024-25, Franklin College reported full-time undergraduate tuition of $37,810 and required fees of $900, with the same published amounts for in-state and out-of-state students. Its reported typical annual room and board charge was $12,294. These are published charges before individual financial aid.

  • Full-time undergraduate tuition and required fees, 2024-25: $38,710.
  • Typical room and board, 2024-25: $12,294.
  • Reported books and supplies estimate: $1,448.

Those three categories total $52,452, but that is not a complete cost-of-attendance budget: transportation, personal expenses, and individual course costs may add to it. It is also not the amount every student pays. Living arrangements, enrollment intensity, and financial aid can change the actual bill substantially.

In the reported aid data, all students in the measured group received some form of financial aid, and 54% had student loans. Grant aid and loans should not be treated alike: grants generally reduce cost without repayment, while loans generally must be repaid. The reported average grant award across its specified undergraduate population was $29,747, but subtracting that average from the published price would not produce a reliable estimate for any one applicant.

Reported average net price varied by family income. For students in the measured $0-$48,000 income group, it was $15,822; for the $75,001-$110,000 group, it was $23,439. Net price reflects costs after grant and scholarship aid for the population measured, not a guaranteed offer. To compare Franklin with other colleges, applicants should complete the FAFSA and any college-required aid steps, then compare their own aid offers and remaining costs on the same academic-year basis.

What are the work-study opportunities at Franklin College?

Franklin College students can pursue work experience through student employment and internships, while its career services offer assistance with career planning and job searches. These are related opportunities but serve different purposes: a campus job provides wages, an internship is structured work experience, and Federal Work-Study is a need-based financial aid program that can help eligible students earn wages through approved jobs.

Reported career-center services include individual counseling for undergraduates, résumé preparation, career-interest testing, interview workshops, job fairs, employer recruitment, and alumni networking. The college also reports an internship requirement for students. Applicants should check their intended major's current catalog requirements to see when an internship must be completed and whether it can be paid or must carry academic credit.

A Federal Work-Study award, if included in a student's aid offer, is not typically paid as an automatic tuition discount; the student must obtain eligible work and earn the wages. Students comparing jobs should ask the financial aid or student employment office how positions are advertised, whether a job requires a work-study award, and how hours fit around classes. Career-center services are useful support, but their availability is not an employment guarantee.

Franklin College Tuition and Fees

In-state tuition & fees
$40,010
Out-of-state tuition & fees
$40,010
Tuition
$39,060
Fees
$950
Room and board
$12,294
Books and supplies
$1,448

Total Cost

Cost of attendance per year
$56,433
Tuition & fees
$40,010
Housing, food, books & other
$16,423

100% of undergraduates receive aid, $29,747 on average

Franklin College Cost of Living

Yearly living expenses by where students live

On campus
$17,511
Off campus, not with family
$20,538
Off campus, with family
$9,614

Franklin College Net Price by Family Income

Average yearly cost after grants, students awarded federal aid

$0–30,000
$14,790
$30,001–48,000
$15,822
$48,001–75,000
$20,093
$75,001–110,000
$23,439
Over $110,000
$30,316

Franklin College Room and Board Cost

Typical room charge for academic year

$7,004

Typical board charge for academic year

$5,290

Total dormitory capacity

681

Institution provide on-campus housing

Yes

Institution provides board or meal plan

Yes

Franklin College Tuition Plans

Tuition guaranteed plan

No

Prepaid tuition plan

No

Franklin College Financial Aid

Undergraduate average amount

$29,747

All

$30,025

Students Receiving Financial Aid

Share of undergraduate students
100%

Franklin College Grants, Loans and Debt

Students receiving Pell Grants
36%
Students with federal loans
54%
Median debt at completion
$22,678

Franklin College Military and Veterans Benefits

Undergraduate average amount

$11,521

Graduate average amount

$31,622

Data last updated on November 2, 2026

Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026

Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.

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