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Franklin College Tuition, Costs, & Financial Aid Information

Franklin, IN

Tuition and Expenses


Cost of Attendance
$48,700
Tuition and Fees
$33,954
Room and Board
$10,546
Books and Supplies
$1,200
Other Expenses
$3,000
Payment Plans
Installment plan

Applying for Financial Aid


Financial Aid Office

Email
Web Site
Financial Aid Web Site
Net Price Calculator URL
Net Price Calculator URL

Application Process

Application Deadline
Priority deadline December 1
Award Notification
On a rolling basis beginning December 15
Methodology for Awarding Institutional Aid
Federal Methodology
Forms Required Cost to File
FAFSA
Code is 001798
Free

Profile of 2019 - 20 Financial Aid


Freshman

Financial Aid Applicants
262 (96.7%) of freshmen
Found to Have Financial Need
242 (92.4%) of applicants
Received Financial Aid
242 (100.0%) of applicants with financial need
Need Fully Met
29 (12.0%) of aid recipients
Average Percent of Need Met
73%
Average Award
$25,332
Need-Based Gift
Received by 242 (100.0%) of aid recipients, average amount $22,904
Need-Based Self-Help
Received by 189 (78.1%) of aid recipients, average amount $3,107
Merit-Based Gift
Received by 28 (11.6%) of aid recipients
Merit-Based Gift
28 (10.3%) of freshmen had no financial need and received merit aid, average amount $17,532

All Undergraduates

Financial Aid Applicants
859 (93.8%) of undergraduates
Found to Have Financial Need
765 (89.1%) of applicants
Received Financial Aid
764 (99.9%) of applicants with financial need
Need Fully Met
110 (14.4%) of aid recipients
Average Percent of Need Met
73%
Average Award
$24,966
Need-Based Gift
Received by 759 (99.3%) of aid recipients, average amount $22,097
Need-Based Self-Help
Received by 578 (75.7%) of aid recipients, average amount $3,983
Merit-Based Gift
Received by 108 (14.1%) of aid recipients
Merit-Based Gift
140 (15.3%) of undergraduates had no financial need and received merit aid, average amount $15,277

Borrowing

2019 Graduates Who Took Out Loans
80%
Average Indebtedness of 2019 Graduates
$38,057
Parents of Students Receiving Aid
Not reported
Parents of Students Not Receiving Aid
Not reported

Financial Aid Programs


Loans

Federal Loans
Direct subsidized Stafford loans, direct unsubsidized Stafford loans, direct PLUS loans
State Loans
 
Other Loans
College/university loans

Scholarships and Grants

Need-Based Available
Federal Pell grants, SEOG, State scholarships, Institutional scholarships, Private scholarships
Non-Need–Based Available
None

Non-Need Awards

Academic Interest/Achievement Award Areas
Not reported
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Creative Arts/Performance Award Areas
Applied Art and Design, Art/Fine Arts, Journalism/Publications, Music, Performing Arts, Theater/Drama
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Achievements/Activities Award Areas
Community Service, Leadership, Memberships, Religious Involvement
Number of Awards
Not reported
Top Areas (By Money Awarded)
 
Special Characteristics Award Areas
Children and Siblings of Alumni, Children of Current Students, Children of Faculty/Staff, Ethnic Background, First-Generation College Students, Handicapped Students, Local/State Students, Members of Minorities, Out-of-State Students, Relatives of Clergy, Religious Affiliation, Siblings of Current Students, Spouses of Current Students, Veterans
Number of Awards
Not reported
Top Areas (By Money Awarded)
 

Employment

Work-Study Programs
Federal work study available, other work study available
Average Earnings from On-Campus Employment
Not reported

A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2020 Peterson's LLC. All rights reserved.