FourYearCost

Franklin and Marshall College

Lancaster, PAPrivate nonprofitRank 1716 of 1,732Traditional rank 1143 of 1,156

Avg freshman grant · 2022-23
$45,764
330 recipients
Avg grant, later years · 2022-23
$52,925
927 recipients
The drop
−$7,161
-15.6% of the freshman average

Freshman grant vs later years

Freshman year$45,764Later years$52,925

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$13,331
$30–48k$18,539
$48–75k$26,954
$75–110k$28,353
$110k+$48,713

First-time, full-time students receiving Title IV aid. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$65,844
Tuition and fees (in-state), 2023-24$68,380
Change$2,536 (+3.9%)
On-campus room and board, 2023-24$15,568

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend

$56,5502018-19$58,8002019-20$61,0622020-21$63,4062021-22$65,8442022-23$68,3802023-24

Published tuition and required fees, +20.9% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$26,3162020-21$31,1352021-22$37,4752022-23

Average net price for first-time, full-time students receiving grant aid. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years86%
Full-time freshman retention (return for year 2)85%
Freshmen receiving Pell Grants10%
Freshmen taking federal loans40%
Average federal loan (freshmen who borrow)$5,132
Aid drop one year earlier (2021-22)−$2,331

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all PA colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Susquehanna University$45,318$2,777
Gettysburg College$44,671$1,859
Lafayette College$44,126$364
Carnegie Mellon University$47,550$5,398
Ursinus College$43,758$3,689

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

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