Franklin College

Franklin College

Franklin, Indiana

Tuition and Fees

The cost for undergraduate students to attend Franklin College for an academic year can be broken down into $32,770 for tuition, $200 for fees, $1,200 for books and supplies, $10,244 for room and board and $3,000 for other expenses. The cost for in-state and out-of-state students is the same.

Tuition and Fees

Books and supplies$1,200
Room and board$10,244
Other expenses$3,000

Tuition Plans

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

Financial Aid

100% of undergradate students at Franklin College received financial aid. The distribution of financial aid types at Franklin College consists of 100% receiving grant or scholarship aid of $22,253 on average, 43% receiving pell grants of $4,477 on average, 100% receiving institutional grants or scholarships of $16,784 on average, and 77% receiving federal student loans of $5,338 on average.

Average Grant/Scholarship Aid


Awarded any Financial Aid

Aid TypeNumber ReceivingPercent ReceivingAverage Aid Received
Grant or scholarship aid272100%$22,253
Pell grants11843%$4,477
Institutional grants or scholarships272100%$16,784
Federal student loans21077%$5,338

Net Price

Average Net Price


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 $15,541 compared to net price of $16,814 in the $30,001 – $48,000 family income bracket, $21,730 in the $48,001 – $75,000 family income bracket, $24,591 in the $75,001 – $110,000 family income bracket and $28,588 in the $110,001 and more family income bracket.

Net Price by Family Income

Family IncomeNet Price Paid
$0 – $30,000$15,541
$30,001 – $48,000$16,814
$48,001 – $75,000$21,730
$75,001 – $110,000$24,591
$110,001 and more$28,588

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 College is $199,679. 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 3% which is based on the average rate of increase in the last 2 years as reported by Franklin 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

Year Sticker Price