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Find Out the Total Franklin College Costs

How much does it cost to go to Franklin College of Indiana?

On this page you'll get a better understanding of what college costs you'll actually have to pay out of pocket, which can vary widely based on where you live and your income level.

Why is Net Price Important?

Few students will pay the full advertised sticker price of Franklin College of Indiana. The Net Price is an estimate of how much the average student actually pays to attend college for one year.

To calculate this number we take the total cost of attendance of Franklin College including tuition, fees, room, board and other expenses. Then we subtract out the average amount of aid awarded per student.

What is the Average Net Price for All Franklin College of Indiana Undergrads?

The average student will pay a total net price of $27,960.

$27,960 is the average net price across all students. Your price may differ depending on your family income level.

The average net price of $27,960 is based on estimates from 2020. This number represents the overall average net price of all undergraduate students, including those that did not receive any financial aid.

Breakdown of College Costs for Freshmen

Grant and scholarship aid was given to 100% of freshman students.

The average amount awarded was $22,253.

When subtracted from the total cost to attend Franklin College of Indiana and live on campus, the average annual net price for freshmen receiving aid was $26,647.

The following table explores the likelihood that you too will receive some common price-reducing aid, based on percentages.

Net Price by Aid GroupOn CampusOff CampusAt Home
272 Total Freshmen
272 (100%) split a total of $6,052,816 for an average of $22,253 each $26,647$27,101$17,901

The above refers to grants and scholarships from the college and/or the state, federal or local governments. Other sources of grant aid such as private scholarships are not included.

College Cost Estimator

Use the College Cost Estimator to get an idea of how much money you may have to spend out of pocket to attend Franklin College of Indiana, and how many loans you may have to take on.

Select the factors that are true for you.

I Currently Live:
I Plan to Live:
Grants and Scholarships:
Loans:
Estimated Cost for You

This is what the college will likely charge you in this scenario.

$48,900
Aid (Grants and Scholarships)

Money given to you to offset the cost of college.

$22,253
Estimated Net Price

This is what you can expect to pay (or pay back).

$26,647
Loans

Money you borrow to cover the cost of college. You will have to repay this eventually.

$7,420
Out of Pocket

Money you need to come up with each year to attend college.

$19,227

How much will you be relying on loans to finance your education?

Research the average amount of loan debt students take on from this school.

Net College Cost Based on Income Level

Family income can have a large impact on the amount of aid you receive, and thus, your net price.

The table below shows the average net price freshmen paid based on income level. Note that if the school offers in-state tuition, the lower in-state tuition has been used in the calculation.

Net Price by Family Income LevelNet Price
0-30k$15,541
30k-48k$16,814
48k-75k$21,730
75k-110k$24,591
110k +$28,588

The above table only includes the calculated net price for students that received some form of Title IV aid.

What is Title IV?

Title IV of the Higher Education Act of 1965 establishes general rules that apply to the student financial assistance programs covering grants and loans.

How Much are Prices Increasing for Freshmen?

Over a period of six years, the average net price paid by all freshmen at Franklin College has increased by an average of 3.2% per year.

Net Price Trends at Franklin College

Is the Net Price at Franklin College of Indiana Above Average?

An overall average net price of $26,647 puts Franklin College above the national average of $20,398.

Financial Aid Packages Vary From Year to Year

Many schools offer more aid to first year students (freshmen) than they do to other undergraduates. Is that the case with this school?

Net Price Comparisons at Franklin College

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