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Can You Really Afford Franklin and Marshall College?

Here is what you can expect to pay at Franklin and Marshall College, from sticker cost of attendance and projected degree cost to net price, debt at graduation, and aid breakdowns.

$83,184.00 Cost of Attendance
$36,425.00 Avg Net Price
$19,000.00 Median Grad Debt

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What Does It Cost to Attend Franklin and Marshall College?

The full cost of attending Franklin and Marshall College comes to about $83,184.00 a year.

Below, the published cost is shown three ways — the full sticker price with no aid, the net price after the average grant package, and the net price for low-income students who typically receive the most aid.

Cost for Students (no aid)

Tuition and fees $70,794.00
+ Room, board & other expenses $12,390.00
Total cost $83,184.00
That is 154% above the national average net price.

After-Aid Net Price for Students (with average aid)

Total cost $83,184.00
− Grants and scholarships −$49,351.00
Net price $33,833.00
That is 3% above the national average net price.

Net Price for Low-Income Undergraduates

Total cost $83,184.00
− Grants and scholarships −$73,455.00
Net price $9,729.00
That is 70% below the national average net price.
Explore each piece on tuition and fees and room and board.

What a Full Degree Could Cost at Franklin and Marshall College

Cost of attendance here has been rising at about 3.7% per year, so the four-year total runs well above today’s cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. The repayment figures use a ten-year loan at 6.8%.

Projected 4-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.7% 3.7% 3.7%
Freshman year $10,093.00 $35,099.00 $86,297.00
Senior year $11,269.00 $39,189.00 $96,353.00
Total 4-year net price $42,696.00 $148,476.00 $365,053.00
10-year loan interest @ 6.8% $16,266.00 $56,564.00 $139,072.00
Total monthly payment $491.00 $1,709.00 $4,201.00
Total amount paid $58,961.00 $205,040.00 $504,125.00
Projected 2-year net costs Low Income w/ Aid w/ Average Aid No Aid
Annual growth rate 3.7% 3.7% 3.7%
Freshman year $10,093.00 $35,099.00 $86,297.00
Senior year $10,471.00 $36,413.00 $89,526.00
Total 2-year net price $20,564.00 $71,512.00 $175,823.00
10-year loan interest @ 6.8% $7,834.00 $27,243.00 $66,982.00
Total monthly payment $237.00 $823.00 $2,023.00
Total amount paid $28,398.00 $98,755.00 $242,806.00

See the full net-price breakdown in the net price section below.

The Real Out-of-Pocket Cost at Franklin and Marshall College

Net price is what students actually pay after grants and scholarships are subtracted from the published sticker price. It is usually a better planning number than the sticker cost above.

Average net price (on-campus) $36,425.00
Average net price (off-campus) $39,061.00

What families actually pay shifts with income, since need-based grants are larger for lower-income students. Here is the average net price for each family-income range:

Family income Average net price
Under $30,000 $13,331.00
$30,000 to $48,000 $18,539.00
$48,001 to $75,000 $26,954.00
$75,001 to $110,000 $28,353.00
Over $110,000 $48,713.00

Run your own numbers with the Franklin and Marshall College Net Price Calculator, or check with the financial aid office.

Curious how grants and scholarships are distributed? Explore the financial aid page.

How Much Do Students Borrow at Franklin and Marshall College

Typical debt at graduation from Franklin and Marshall College amounts to $19,000.00, which federal data classifies as a Low ($10-20k) debt-load classification.

Across borrowers, debt at graduation distributes like this:

Percentile Debt at graduation
10th $5,500.00
25th $11,000.00
Median (50th) $19,000.00
75th $25,786.00
90th $28,178.00

The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.

Explore borrowing, repayment, and default in detail on the student-loan-debt breakdown.

Income and Debt Outcomes at Franklin and Marshall College

Debt at graduation is far from uniform across income levels. The table below divides borrowers into three income tiers:

Family income Median debt at graduation
Low income $19,000.00
Middle income $19,000.00
High income $19,000.00

First-Gen vs Continuing-Gen Debt at Franklin and Marshall College

Whether your parents attended college is associated with differences in median debt at graduation.

Student group Median debt at graduation
First-generation students $19,000.00
Continuing-generation students $19,000.00

Loan Repayment and Default at Franklin and Marshall College

The default-rate category at Franklin and Marshall College is Low (<5%).

Window Cohort default rate
2-year 1.9%

To give some context for these rates, Stafford loans disbursed at Franklin and Marshall College total $65,897,369.00 spread across 4,621 disbursements.

Veteran Benefits at Franklin and Marshall College

Veteran and active-military students often access dedicated federal aid programs including the GI Bill and Department of Defense tuition support.

GI Bill recipients 4
Avg GI Bill amount $33,053.00

Dig into veteran education benefits on the college veterans page.

Things to Think About

Use the figures above as a launch point, then think through Franklin and Marshall College, consider the following:

Explore Further on Franklin and Marshall College

Explore the related pages below for a deeper look at the cost picture:

Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.

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