College Factual  by our College Data Analytics Team
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Can You Afford Franklin and Marshall College?

Concerned about paying for college? Take a look at Franklin and Marshall’s financial aid options, including grants, scholarships, and student loans, then calculate the net price based on your income level to determine if you can afford to attend this school.

2020 - 2021 Costs Between $16,453 and $77,982

Feeling a little stressed about paying $77,982 to attend Franklin and Marshall College each year? This number can be deceiving, and for many, the net price you pay will be less.

While there is no tuition reduction for Pennsylvania students, 54.7% of freshmen receive some form of financial aid, with the average amount totaling $45,933. Students from low-income families receive an average of $61,529 in aid during their first year.

Cost (no aid)

Tuition and fees$61,062
+ Room and board$14,450
+ Other expenses$2,470
Total cost$77,982
Affordability Score (1 out of 100)
more expensive
less expensive

Net Price (with average aid)

Total cost$77,982
- Grants and scholarships$45,933
Net price$32,049
Affordability Score (18 out of 100)
more expensive
less expensive

Average Net Price for Low Income Undergraduates

Total cost$77,982
- Grants and scholarships$61,529
Net price$16,453
Affordability Score (70 out of 100)
more expensive
less expensive

Learn more about tuition and fees, room, board and other expenses, and financial aid options at Franklin and Marshall.

Projected Costs Between $80,355 and $484,742 For a Four Year Degree. Between $37,911 and $234,247 For a Two Year Degree.

Looking at the total projected cost of a college education over the course of two / four (or more) years can feel a little overwhelming. However, doing so will help better prepare you for the financial commitment you are making.

The overall cost for on-campus students to attend Franklin and Marshall in 2020 - 2021 was $77,982. To calculate future costs, we looked at the prior five years of data and determined that this cost increased an average of 3.4% each year. If this trend continues, we expect the full cost for incoming freshmen to be $83,391 during their first year. By their senior year, that cost will be approximately $92,216 for a bachelor degree candidate ($86,235 for an associate degree candidate) for a total of $351,017 over the course of four years ($169,626 over the course of two years). These numbers do not take into consideration financial aid, which reduces this overall cost by varying amounts per student.

Remember, the full costs quoted above are not what most students will pay, and the net price varies quite a bit based on individual circumstances.

Average Net Price at Franklin and Marshall College

Cost With Interest

The tables below outlines how the overall degree net cost can vary depending on your situation. This table also highlights the impact student loans can have on the overall cost of college.

Projected 2-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.7%3.4%
Freshman year$18,420$32,525$83,391
Senior year$19,491$32,766$86,235
Total 2-year net price$37,911$65,291$169,626
10-year loan interest @ 6.8%$14,443$24,873$64,621
Total monthly payment$436$751$1,952
Total amount paid$52,354$90,164$234,247
Projected 4-Year Net CostsLow Income w/ Aidw/ Average AidNo Aid
Annual growth rate*0.7%3.4%
Freshman year$18,420$32,525$83,391
Senior year$21,821$33,252$92,216
Total 4-year net price$80,355$131,552$351,017
10-year loan interest @ 6.8%$30,612$50,116$133,725
Total monthly payment$925$1,514$4,040
Total amount paid$110,968$181,668$484,742

Visit net price and financial aid to learn more about the total cost of attending Franklin and Marshall College.

Further Questions to Consider

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