Franklin College

Private, Four-years School Located in Franklin, IN

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How much is the Franklin tuition? For the academic year 2023-2024, Franklin's tuition & fees is $37,350.
With indirect costs not billed by school, such as room & boards and personal living expenses, the total cost of attendance for one academic year is $53,205 when a student lives on-campus.

Franklin Tuition & Expenses

2022-2023 Rate
Tuition & Fees$37,350
Books & Supplies Costs$1,250
On-campus Room & Board$11,305
On-campus Expenses$3,300
Off-campus Room & Board$9,462
Off-campus Expenses$5,150
2023-2024 Estimates
Tuition & Fees$39,897

How Much Does it Cost to Go to Franklin for 4 Years?

For the class of 2027, who entering colleges in 2023, the 4 years tuition & fees is $162,377 at Franklin. The estimated tuition rate is based on the changes over last 5 years. With room & board, books, and other personal expenses, the estimated 4 years costs of attendance is $226,682. After receiving financial aid including grants, scholarships, and/or student loans, the 4 years COA is down to $99,050.
The following table computes the 4 years tuition and COA by class of year.
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2023-24)$38,605$53,776$23,432
Sophomore (2024-25)$39,902$55,661$24,297
Junior (2025-26)$41,242$57,612$25,195
Senior (2026-27)$42,628$59,632$26,126
4 Years Total$162,377$226,682$99,050
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2024-25)$39,902$55,661$24,297
Sophomore (2025-26)$41,242$57,612$25,195
Junior (2026-27)$42,628$59,632$26,126
Senior (2027-28)$44,060$61,724$27,091
4 Years Total$167,832$234,629$102,710
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2025-26)$41,242$57,612$25,195
Sophomore (2026-27)$42,628$59,632$26,126
Junior (2027-28)$44,060$61,724$27,091
Senior (2028-29)$45,540$63,889$28,093
4 Years Total$173,470$242,857$106,505
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2026-27)$42,628$59,632$26,126
Sophomore (2027-28)$44,060$61,724$27,091
Junior (2028-29)$45,540$63,889$28,093
Senior (2029-30)$47,070$66,130$29,132
4 Years Total$179,298$251,374$110,442
College YearTuition & FeesCOAAfter Financial Aid
Freshmen (2027-28)$44,060$61,724$27,091
Sophomore (2028-29)$45,540$63,889$28,093
Junior (2029-30)$47,070$66,130$29,132
Senior (2030-31)$48,651$68,450$30,209
4 Years Total$185,321$260,192$114,525

Average Tuition By School Type and Comparison

Compared to four-years schools nationwide, Franklin' tuition is higher than the average tuition of $20,937. Compared to private, four-years colleges in Indiana, its tuition is higher than the average tuition of $22,120.
Franklin College$37,350
U.S. Four-years Colleges$18,672
Public Schools$7,199$12,960
Private Schools$20,937
Indiana Four-years Colleges$20,112
Public Schools$6,847$15,112
Private Schools$22,120

Compare Similar School's Tuition

The next table compares the tuition & fees between Franklin and similar schools. The similar colleges are selected by school type & level (private, four-years), ranking, and comparison frequency by our users. The comparison is based on 2022-2023 tuition rate.
Franklin CollegeFranklin, IN$37,350$39,864
Holy Cross CollegeNotre Dame, IN$35,500-

Financial Aid and COA

At Franklin College, 880 students (98%) received grant or scholarship from the federal government, state or local government, the institution, and other sources. The average amount of grant/scholarship received is $29,358.
After receiving financial aid, the cost of attendance (COA) at Franklin is $23,847 for students living on-campus and $23,854 for students living off-campus.
For beginning students (i.e. first-time freshmen), 253 students received any type of financial aid including grants/scholarship and student loans. The average amount of grant/scholarship for the first-time students is $28,290 and the average amount of student loans is $10,266.
The financial aid data is based on 2021-2022 statistics from IPEDS.
COA (on-campus)$53,205
COA (off-campus)$53,212
Tuition & Fees$37,350
Indirect Costs (on-campus)$15,855
Indirect Costs (off-campus)$15,862
COA (on-campus) after Receiving Aid$23,847
COA (off-campus) after Receiving Aid$23,854
Average Financial Aid$29,358
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Grant or Scholarship88098%$29,358
Pell Grants35239%$5,004
Federal Student Loan60768%$9,722
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Financial Aid253100%-
Grants or Scholarships253100%$28,290
Federal Grants11746%$5,536
Pell Grants11746%$4,780
Other Federal Grants9738%$912
State/Local Grants13051%$7,045
Institutional Grants253100%$22,110
Student Loan Aid20882%$10,266
Federal Student Loans20882%$8,131
Other Student Loans2510%$17,767

Admission Stats and Requirements to Apply

Franklin's acceptance rate is 94.65%. A total of 1,589 applicants applied to and 1,504 students were accepted. Of the admitted students, 255 enrolled finally, and the yield (i.e. enrollment rate) is 16.95%.
To apply to Franklin, 1 items are required - Secondary school GPA and 4 items are recommended to submit - Secondary school rank, Secondary school record, Completion of college-preparatory program and Formal demonstration of competencies. SAT and ACT scores are considered during the admissions process but are not required to be submitted.
Acceptance Rate94.65%93.53%95.94%
Yield (Enrollment Rate)16.95%19.45%14.48%
Secondary school GPARequired
Secondary school rankRecommended
Secondary school recordRecommended
Completion of college-preparatory programRecommended
RecommendationsConsidered But Not Required
Formal demonstration of competenciesRecommended
Admission test scoresConsidered But Not Required
TOEFL (Test of English as a Foreign Language)Neither Required Nor Recommended
Other Test (Wonderlic, WISC-III, etc.)Neither Required Nor Recommended

SAT and ACT Scores

The SAT and ACT scores are considered but not required to apply to Franklin. The average SAT score of the enrolled first-time students is 1,070 and the average ACT score (ACT composite) is 23.
Its SAT score is slightly lower than the national average score of 1,168. The ACT score is similar to the national average score of 24.
SAT Total1,0709601,180
National Average1,168
Indiana Average1,154
SAT EBRW535470600
SAT Math535490580
ACT Composite232026
National Average24
Indiana Average25
ACT Math231926
ACT English221925

Student Population

Franklin College has a total of 959 students including 896 undergraduate and 63 graduate students. By gender, there are 499 male students and 463 female students attending Franklin.
Total962 499463
Undergraduate899 483416
Graduate63 1647

Directory & Academic Information

Directory Information
Address101 Branigin Blvd, Franklin, IN
Degree & Programs
DegreeUndergraduate, Graduate
Program Offered45 Programs
Graduate Program Offered2 Graduate Programs
Academic Stats
Acceptance Rate92.86%
Student Population959
Graduation Rate62%
Transfer-out Rate25%
Retention Rate72% (Full-time), 100% (Part-time)
Students to Faculty Ratio Rate11 to 1
Faculty & Staffs
Number of Faculties75 (Full-time), 24 (Part-time)
Number of Staffs235 (Full-time), 65 (Part-time)
Average Faculty Salary$59,361
Average Staff Salary$51,908