Franklin and Marshall College

Franklin and Marshall College

Lancaster, Pennsylvania


Tuition and Fees

The cost for undergraduate students to attend Franklin and Marshall College for an academic year can be broken down into $58,615 for tuition, $185 for fees, $1,200 for books and supplies, $14,450 for room and board and $1,270 for other expenses. The cost for in-state and out-of-state students is the same.

Tuition and Fees

$58,800
Tuition$58,615
Fees$185
Books and supplies$1,200
Room and board$14,450
Other expenses$1,270

Tuition Plans

Any alternative tuition plans offered by institutionYes
Tuition guaranteed planNo
Prepaid tuition planNo
Tuition payment planYes
Other alternative tuition planNo

Financial Aid

61% of undergradate students at Franklin and Marshall College received financial aid. The distribution of financial aid types at Franklin and Marshall College consists of 55% receiving grant or scholarship aid of $45,933 on average, 18% receiving pell grants of $4,861 on average, 55% receiving institutional grants or scholarships of $43,734 on average, and 43% receiving federal student loans of $3,980 on average.

Average Grant/Scholarship Aid

$45,933

Awarded any Financial Aid

61%
Aid TypeNumber ReceivingPercent ReceivingAverage Aid Received
Grant or scholarship aid33455%$45,933
Pell grants10718%$4,861
Institutional grants or scholarships33455%$43,734
Federal student loans26543%$3,980

Net Price

Average Net Price

$27,102

Net prices changes by family income and financial need. Net price typically increases with increase in family income because of higher amounts of financial aid available to students belonging to lower income families. Students in the lowest $0 – $30,000 family income bracket paid net price of $11,503 compared to net price of $12,000 in the $30,001 – $48,000 family income bracket, $22,263 in the $48,001 – $75,000 family income bracket, $21,721 in the $75,001 – $110,000 family income bracket and $45,956 in the $110,001 and more family income bracket.

Net Price by Family Income

Family IncomeNet Price Paid
$0 – $30,000$11,503
$30,001 – $48,000$12,000
$48,001 – $75,000$22,263
$75,001 – $110,000$21,721
$110,001 and more$45,956

Net price reflects the actual cost to attend after accounting for finanical aid. Net price includes tuition, books, living costs, and other expenses after subtracting federal financial aid received by students.

Sticker Price

The cost for a 4 year bachelors degree at Franklin and Marshall College is $320,429. The cost reported is aggregated over 4 years and includes tuition and fees, books and supplies, room and board, and other miscellaneous expenses. The year to year increases in tuition and cost of living are accounted by applying a rate of increase of 4% which is based on the average rate of increase in the last 2 years as reported by Franklin and Marshall College. The actual net cost paid by students could be lower because financial aid is not accounted for in this cost. The cost for in-state and out-of-state students is the same.

4-year Sticker Price

$320,429
Year Sticker Price
1$75,720
2$78,550
3$81,518
4$84,641