The University Network

Franklin College – Tuition & Success Analysis

Franklin, IN

Franklin College – Snapshot


Four-Year Private University

Undergraduate Enrollment: 975

Average annual cost of attendance: $21,098

(National Median: $15,523)

Median student debt for loan recipients: $27,000

Campus Setting: Large Suburb

Religious Affiliation: American Baptist

Visit the Franklin College Website

Franklin College Tuition based on Family Income


For a family income of $0 to $30,000 the average cost is $13,219

For a family income of $30,001 to $48,000 the average cost is $14,510

For a family income of $48,001 to $75,000  the average cost is $20,657

For a family income of $75,001 to $110,000  the average cost is $25,001

For a family income above $110,000 the average cost is $26,557


The “average cost” shown here is a NET cost and reflects the tuition cost after financial aid is taken into account, as reported by Franklin College. This average is based on the students who receive grant or scholarship aid. In-state tuition is used for public schools.

Visit the Franklin College
Financial Aid Website

Franklin College Graduate Success


Graduation rate: 63%

(National Median: 49%)

Students returning after first year: 77%

(National Median: 68%)

Median annual earnings (10 years after first attending): $44,100

(National Median: $33,028. The salary data measures salaries of students who received federal student aid. The Salary data does not break down earnings or graduation rates by major, or by state—an important consideration, since salaries can vary widely depending on geographical region. )

Percentage earning above a high school graduate (6 years after first enrolled): 75%

Franklin College Admissions

Franklin College Acceptance Rate: 78%


Half of the recent accepted students had test scores in the range of:

SAT Math: 430 to 550

SAT Critical Reading: 420 to 530

SAT Writing: 430 to 520

ACT English: 18 to 26

ACT Math: 18 to 26

ACT Writing: 6 to 8

Twenty-five percent of students accepted to Franklin College actually performed better than the range reported above.  Another twenty-five percent had scores below the reported range.

Franklin College Student Debt


Percentage of students awarded Pell Grants: 35%

Percentage of students receiving federal student loans: 56%

Typical student debt: $27,000

Typical monthly loan payment: $287

Before you take out student loans, make sure you have exhausted your scholarship search.  We have over 3 billion dollars of scholarships listed on our site.  There’s plenty of money available to help fund your education.

Scholarships for Students Residing in Indiana

Other Scholarships for Students Attending Franklin College

Majors at Franklin College


These are the most popular areas of study offered at Franklin College:

  • Biological and Biomedical Sciences – 11%
  • Business, Management, Marketing, and Related Support Services – 6%
  • Communication, Journalism, and Related Programs – 16%
  • Computer and Information Sciences and Support Services – 5%
  • Education – 11%
  • English Language and Literature/Letters – 6%
  • Health Professions and Related Programs – 10%
  • History – 3%
  • Mathematics and Statistics – 4%
  • Philosophy and Religious Studies – 2%
  • Physical Sciences – 4%
  • Psychology – 5%
  • Social Sciences – 10%
  • Visual and Performing Arts – 7%

For more information about the various majors at Franklin College, visit their website.

Franklin College Diversity


Overall Composition at Franklin College

Percentage of Undergraduate Students who attend Franklin College full time:  98%

Percentage of Undergraduate Students who attend Franklin College part time:  2%

Percentage of Undergraduate Students who are twenty-five years old, or older at Franklin College:  2%

Racial Diversity Composition

American Indian/Alaska Native: 0%

Asian: 1%

Black: 5%

Hispanic: 4%

Native Hawaiian/Pacific Islander: 0%

Non-resident alien: 1%

Two or more races: 4%

Unknown: 2%

White: 84%

Franklin College Success Ratios

TUN ratios to help compare schools


Earnings to Debt Ratio: 1.6

The median earnings 10 years after start of attending school divided by the median federal debt of borrowers who graduated. TUN found an average of 2.5 based on data of 3,210 schools.

Earnings to Tuition Ratio: 2.1

The median earnings 10 years after start of attending school divided by the average annual cost of attendance that financial aid recipients incurred.  TUN found an average of 3.0 based on data of 3,337 schools.

Monthly Liquidity Ratio: 12.8

The median monthly gross earnings 10 years after start of attending school divided by the median monthly debt payment that borrowers who graduated experience with a 10-year repayment schedule. TUN found an average of 19.3 based on data of 3,210 schools.