FourYearCost

Franklin College

Franklin, INPrivate nonprofitRank 1491 of 1,732Traditional rank 979 of 1,156

Avg freshman grant · 2022-23
$26,990
245 recipients
Avg grant, later years · 2022-23
$27,984
608 recipients
The drop
−$993
-3.7% of the freshman average

Freshman grant vs later years

Freshman year$26,990Later years$27,984

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$19,031
$30–48k$18,645
$48–75k$18,436
$75–110k$25,471
$110k+$28,694

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

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$36,136
Tuition and fees (in-state), 2023-24$37,350
Change$1,214 (+3.4%)
On-campus room and board, 2023-24$11,290

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

Tuition and fees trend

$32,0102018-19$32,9702019-20$33,9542020-21$34,9662021-22$36,1362022-23$37,3502023-24

Published tuition and required fees, +16.7% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$21,9292020-21$20,7912021-22$23,8432022-23

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 years63%
Full-time freshman retention (return for year 2)71%
Freshmen receiving Pell Grants44%
Freshmen taking federal loans70%
Average federal loan (freshmen who borrow)$5,161
Aid drop one year earlier (2021-22)−$1,499

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

Similar colleges

CollegeFreshman grantDrop
Anderson University$27,121−$2,190
Oakland City University$27,244−$1,758
Taylor University$26,229$1,709
Saint Mary-of-the-Woods College$28,765$8,092
Manchester University$28,959−$432

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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