by our College Data Analytics TeamThis guide covers the real cost of attending Franklin University, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
Use the section links below to navigate this overview:
The total published cost of attendance at Franklin University works out to about $29,433.00 for a single academic year.
The three scenarios below move from the full sticker price, to the net price after average aid, to the net price low-income students typically pay.
| Tuition and fees | $9,577.00 |
| + Room, board & other expenses | $19,856.00 |
| Total cost | $29,433.00 |
| That is 10% below the national average net price. |
| Total cost | $29,433.00 |
| − Grants and scholarships | −$5,453.00 |
| Net price | $23,980.00 |
| That is 27% below the national average net price. |
| Total cost | $29,433.00 |
| − Grants and scholarships | −$5,728.00 |
| Net price | $23,705.00 |
| That is 28% below the national average net price. | |
| Want the line-by-line detail? Dig into the tuition & fees page plus living costs. |
The tables below project a full degree at the current published cost. The projections below run a full degree for a low-income aided student, an average-aid student, and the full sticker price. Loan math assumes ten-year repayment at 6.8% interest.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0% | 0% | 0% |
| Freshman year | $23,705.00 | $23,980.00 | $29,433.00 |
| Senior year | $23,705.00 | $23,980.00 | $29,433.00 |
| Total 4-year net price | $94,820.00 | $95,920.00 | $117,732.00 |
| 10-year loan interest @ 6.8% | $36,123.00 | $36,542.00 | $44,852.00 |
| Total monthly payment | $1,091.00 | $1,104.00 | $1,355.00 |
| Total amount paid | $130,943.00 | $132,462.00 | $162,584.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 0% | 0% | 0% |
| Freshman year | $23,705.00 | $23,980.00 | $29,433.00 |
| Senior year | $23,705.00 | $23,980.00 | $29,433.00 |
| Total 2-year net price | $47,410.00 | $47,960.00 | $58,866.00 |
| 10-year loan interest @ 6.8% | $18,062.00 | $18,271.00 | $22,426.00 |
| Total monthly payment | $546.00 | $552.00 | $677.00 |
| Total amount paid | $65,472.00 | $66,231.00 | $81,292.00 |
| See the full net-price breakdown in the Net Price section. |
Net price reflects the true cost to attend after grant and scholarship aid is deducted. It is usually a better planning number than the sticker cost above.
| Average net price (on-campus) | $25,243.00 |
| Average net price (off-campus) | $22,605.00 |
Net price is not the same for every family — it falls as financial need rises and grant aid increases. Below, average net price is broken out by family income:
| Family income | Average net price |
|---|---|
| Under $30,000 | $23,466.00 |
| $30,000 to $48,000 | $21,170.00 |
| $48,001 to $75,000 | $22,204.00 |
Run your own numbers with the Franklin University Net Price Calculator, or contact the financial aid office.
Want to know how that aid is awarded? See the financial aid page.
The typical debt load for borrowers leaving Franklin University comes to $14,238.00, categorized as a Low ($10-20k) burden category.
Here’s how debt at graduation distributes across borrowers:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,501.00 |
| 25th | $7,000.00 |
| Median (50th) | $14,238.00 |
| 75th | $26,264.00 |
| 90th | $37,500.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
For the full borrowing and repayment picture, see the student loan debt page.
Debt outcomes vary substantially with family income. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $15,623.00 |
| Middle income | $14,250.00 |
| High income | $12,500.00 |
Low-income graduates carry $3,123.00 in extra median debt compared with high-income peers.
First-generation college students often carry different debt loads than their continuing-generation peers.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $14,586.00 |
| Continuing-generation students | $12,696.00 |
First-gen borrowers at Franklin University take on $1,890.00 more than continuing-generation graduates.
The Pell Grant is the main federal need-based award for undergraduates. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The Pell vs non-Pell debt gap at Franklin University is $3,000.00. This school is flagged by the Department of Education for Pell-related debt inequity.
The default-rate classification at Franklin University is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 8.9% |
To put the rates in context, Stafford loans at Franklin University amount to $905,606,941.00 spread across 36,553 student borrowers.
Veterans and active-duty students can access dedicated federal education aid including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 220 |
| Avg GI Bill amount | $8,332.00 |
| DoD Tuition Assistance recipients | 64 |
| Avg DoD Tuition Assistance | $3,983.00 |
Explore GI Bill and military aid in detail on the veterans benefits detail.
Numbers only tell part of the story. As you weigh Franklin University, think through the questions below:
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.