The cost for undergraduate students to attend Franklin University for an academic year can be broken down into $9,552 for tuition, $25 for fees, $1,080 for books and supplies, $10,224 for room and board and $4,578 for other expenses. The cost for in-state and out-of-state students is the same.
Tuition and Fees
|Books and supplies||$1,080|
|Room and board||$10,224|
|Any alternative tuition plans offered by institution||Yes|
|Tuition guaranteed plan||No|
|Prepaid tuition plan||No|
|Tuition payment plan||Yes|
|Other alternative tuition plan||No|
96% of undergradate students at Franklin University received financial aid. The distribution of financial aid types at Franklin University consists of 95% receiving grant or scholarship aid of $15,202 on average, 51% receiving pell grants of $2,532 on average, 94% receiving institutional grants or scholarships of $12,597 on average, and 75% receiving federal student loans of $10,088 on average.
Average Grant/Scholarship Aid
Awarded any Financial Aid
|Aid Type||Number Receiving||Percent Receiving||Average Aid Received|
|Grant or scholarship aid||169||95%||$15,202|
|Institutional grants or scholarships||167||94%||$12,597|
|Federal student loans||132||75%||$10,088|
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 $11,328 compared to net price of $11,992 in the $30,001 – $48,000 family income bracket, $11,869 in the $48,001 – $75,000 family income bracket, $15,537 in the $75,001 – $110,000 family income bracket and $15,695 in the $110,001 and more family income bracket.
|Family Income||Net Price Paid|
|$0 – $30,000||$11,328|
|$30,001 – $48,000||$11,992|
|$48,001 – $75,000||$11,869|
|$75,001 – $110,000||$15,537|
|$110,001 and more||$15,695|
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.