College · Private nonprofit · Franklin, IN · Suburb
Franklin College
Franklin, IN
Religious affiliation
Admit rate70%
6-yr median pay$46k
Net price / yr$23k
Undergrad size900
§ I · The real read
What it's actually like.
The bet
Net price of $23k/yr for a shot at a $46k first-5-year salary. Math out whether that works for you — it does for some people, not for others.
Getting in
Admit rate of 70% means this is workable if your grades and essays are solid. Admitted students average SAT 1145 · ACT 23.
If you get in
900 undergrads. Tiny. Every professor will know your name.
Where you live
Suburban — a short drive to the nearest city, greener but still connected.
§ II · Cost & aid
Sticker vs. real.
Sticker cost of attendance is $54k/yr. After need-based aid, the average student pays $23k/yr. Merit aid varies. Run your EFC calculator before you rule anything out.
Sticker · 4 yrs$217k
Before any aid.
Net · 4 yrs$91k
What the average student pays.
Typical aid$125k
Difference over 4 years — higher for lower-income households.
Payback2.0x
4-yr net price ÷ first-5-year salary. Lower is better.
Where the money goes · annual sticker.
- Tuition · in-state
- $38.7k
- Room & board
- $12.4k
- Books & supplies
- $1,352
How students pay for it.
Pell grants36%
Share of undergrads on federal Pell grants.
Federal loans54%
Share taking out federal student loans.
Median debt · grads$27k
What the median student owes at graduation. Non-completers: $6k.
3-yr default0%
Low — grads tend to pay on time.
§ III · Outcomes
Do people finish? Do they land?
1-yr retention72%
Watch this number.
Graduation · 6 yr60%
Majority finish.
6-yr median pay$46k
Cross-major. Your major's number can be very different.
10-yr median pay$55k
Ten years out — where grads tend to land career-wise.
Transfer out26%
Share of full-time students who transfer to another school.
§ IV · Campus & identity
Setting, size, and who this school is.
- Setting
- Suburb
- Control
- Private nonprofit
- Undergrad size
- 900
- Location
- Franklin, IN
- Region
- Great Lakes (IL, IN, MI, OH, WI)
- Carnegie class
- Baccalaureate Colleges: Arts & Sciences Focus
- Size & setting
- Four-year · very small · highly residential
- Undergrad program
- Four-year · full-time, inclusive, lower transfer-in
- Accreditor
- Higher Learning Commission
- Also known as
- Franklin College of Indiana
Identity
Religious affiliation
§ · Who studies here
The student body at a glance.
- White77%
- Black6%
- Hispanic5%
- International5%
- Two or more races5%
- Asian1%
First-gen students29%
Share whose parents didn't complete college.
Part-time1%
Mostly a full-time student body.
Median family income$74k
Of enrolled students' households — useful for aid context.
§ V · Majors offered here · 40
What you can study.