What Amount of Financial Assistance is Available?
Franklin and Marshall College's normal financial aid plan for newly arriving first years is $49,824. About 54.0% of freshman students get financial aid, most of which is in the form of scholarships and grants.
Financial aid helps decrease the expense, or the full retail price of the college. However, be aware that the only real discounts off the cost of college are in the form of grants and scholarships.
We feel that loan debt should be regarded as an "outcome" and not "aid". Read more on student loan debt at Franklin and Marshall.
Amount of Franklin and Marshall Scholarships & Grants
The numbers below refer to scholarships and grants mainly provided by Franklin and Marshall College.
54.0% of new students (344 total) were given scholarships at Franklin and Marshall College, averaging $41,295 a piece. This ranks in the top 20th percentile of all colleges in the country.
113 freshman students got a grant. About 18.0% of Franklin and Marshall freshmen received grants with an average of $5,247 each recipient.
The graph below shows the typical amount of scholarship and grant aid distributed to all first year students.
Grants are usually need-based while scholarships are merit-based.
Financial Aid by Income Level
Learn how much scholarship and grant assistance you may plan to receive based on your income level. The table below displays freshmen getting federal Title IV aid such as PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||19.9%||$23,136|
Financial aid from the federal government by means of grants, loans, or work-study is known as Title IV aid. Get more info on Title IV here..
$41,404 is the Standard Amount an Undergrad Receives in Grants or Scholarships
Of the 2,255 undergraduates at Franklin and Marshall College about 55.0% (1,238 in total) receive some form of grant aid. The standard amount granted was $41,404.
Franklin and Marshall College Financial Aid Information
|Financial Aid Department Website||www.fandm.edu/financialaid|
|Net Price Calculator||https://npc.collegeboard.org/student/app/fandm|