by our College Data Analytics TeamThis overview lays out the cost of attending Franklin College, including attendance costs, projected four- and two-year degree costs, average net price, debt outcomes, and how aid is distributed across income levels.
If you want to dig into a particular figure, jump to any section below:
What it costs to attend Franklin College is about $50,708.00 a year.
The blocks below show what you would pay with no aid, with average aid, and as a low-income student.
| Tuition and fees | $38,710.00 |
| + Room, board & other expenses | $11,998.00 |
| Total cost | $50,708.00 |
| That is 55% above the national average net price. |
| Total cost | $50,708.00 |
| − Grants and scholarships | −$31,323.00 |
| Net price | $19,385.00 |
| That is 41% below the national average net price. |
| Total cost | $50,708.00 |
| − Grants and scholarships | −$39,388.00 |
| Net price | $11,320.00 |
| That is 65% below the national average net price. | |
| For the full breakdown, see tuition and fees and living costs. |
The reported cost series has been increasing by roughly 3.4% annually, so the projections below total more than one year of attendance. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $11,710.00 | $20,054.00 | $52,457.00 |
| Senior year | $12,964.00 | $22,201.00 | $58,074.00 |
| Total 4-year net price | $49,321.00 | $84,460.00 | $220,935.00 |
| 10-year loan interest @ 6.8% | $18,790.00 | $32,176.00 | $84,168.00 |
| Total monthly payment | $568.00 | $972.00 | $2,543.00 |
| Total amount paid | $68,111.00 | $116,637.00 | $305,103.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 3.4% | 3.4% | 3.4% |
| Freshman year | $11,710.00 | $20,054.00 | $52,457.00 |
| Senior year | $12,114.00 | $20,745.00 | $54,266.00 |
| Total 2-year net price | $23,825.00 | $40,799.00 | $106,723.00 |
| 10-year loan interest @ 6.8% | $9,076.00 | $15,543.00 | $40,658.00 |
| Total monthly payment | $274.00 | $470.00 | $1,228.00 |
| Total amount paid | $32,901.00 | $56,342.00 | $147,381.00 |
For the complete net-price picture, see the Net Price section.
Net price reflects the true cost to attend after grant and scholarship aid is deducted. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $22,855.00 |
| Average net price (off-campus) | $22,762.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. The figures below give average net price by income bracket:
| Family income | Average net price |
|---|---|
| Under $30,000 | $19,031.00 |
| $30,000 to $48,000 | $18,645.00 |
| $48,001 to $75,000 | $18,436.00 |
| $75,001 to $110,000 | $25,471.00 |
| Over $110,000 | $28,694.00 |
Use Franklin College Net Price Calculator, or reach out to the financial aid office.
Want to know how that aid is awarded? See the grants & scholarships detail.
Median graduate debt at Franklin College comes to $18,998.00, placing the school in the Low ($10-20k) debt-burden bucket.
The percentile spread of debt at graduation is shown below:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,750.00 |
| 25th | $7,500.00 |
| Median (50th) | $18,998.00 |
| 75th | $27,000.00 |
| 90th | $38,000.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
Read the complete debt breakdown on the student loan debt detail.
Median debt at graduation differs meaningfully across income brackets. Below, debt is broken out by low, middle, and high family income:
| Family income | Median debt at graduation |
|---|---|
| Low income | $12,000.00 |
| Middle income | $19,000.00 |
| High income | $19,500.00 |
Whether your parents attended college is associated with differences in median debt at graduation.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $17,000.00 |
| Continuing-generation students | $19,500.00 |
Pell Grant eligibility is a useful proxy for low-income status among undergraduates. Comparing Pell recipients vs non-recipients shows how debt is distributed by need.
The gap between Pell-eligible and non-Pell median debt at Franklin College is $-2,300.00.
The federal default-rate tier for Franklin College is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 2.1% |
For a sense of scale, Stafford disbursements at Franklin College amount to $75,267,652.00 over 4,496 disbursements.
Veteran and active-military students often access dedicated federal aid programs including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 17 |
| Avg GI Bill amount | $12,703.00 |
Dig into veteran education benefits on the college veterans page.
The data above is a foundation; round it out by asking yourself about Franklin College, a few questions are worth asking:
Use the pages below to go deeper on a specific part of the cost story:
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.