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Franklin College: cost, admission and results

Franklin College is a private nonprofit college in Franklin, Indiana. It has about 900 undergraduate students. It admits 70% of applicants. The average net price for students with federal aid is $24,343 a year.

At a glance

  • 70%Admission rate
  • $24,343Net price a year
  • 58%Graduation rate
  • $61,877Median earnings, 10 years on
Location
Franklin, Indiana 46131
Type
Private nonprofit
Degrees
Mostly bachelor's degrees (four-year)
Setting
Suburb of a large city
Undergraduate students
900
Graduate students
54
Students per teacher
12 to 1
Accredited by
Higher Learning Commission
Website
franklincollege.edu

Getting in

Franklin College admits 70% of those who apply, which makes it moderately selective. The median admission rate of colleges on this site that report one is 77%. The average SAT score of admitted students is 1145 out of 1600 (midpoints: 535 in reading and writing, 535 in maths). The midpoint ACT score is 23 out of 36.

What it costs

Tuition and fees for a year$40,010
Room and meals on campus$12,819
Books and supplies$1,448
Average full cost of a year (tuition, living, books), before aid$56,433
Average net price after grants and scholarships$24,343

The net price is what students who got federal aid paid on average for a year after grants and scholarships were taken off. It is 23% above the median net price of colleges in Indiana on this site ($19,832). International students normally pay the published tuition and do not receive US federal aid.

Net price by family income

Family income a yearAverage net price
Up to $30,000$19,466
$30,001 to $48,000$18,362
$48,001 to $75,000$18,303
$75,001 to $110,000$21,684
Above $110,000$32,950

For students who received federal aid. A negative figure means grants were larger than the cost counted.

For an estimate that fits your own family, use the college's net price calculator.

Results

MeasureThis collegeIN medianUS median
Students who come back for a second year73%76%73%
Students who finish their degree (within one and a half times the normal length)58%59%49%
Median earnings 10 years after starting$61,877$58,360$53,132
Median federal loan debt of those who finish$22,678$22,000$19,994

Medians are the middle value of the colleges on this site in Indiana and in the whole country. Completion and return rates count first-time, full-time students. Earnings and debt count students who received federal aid.

The students

40% of undergraduates receive a Pell Grant, the federal grant for students from lower-income families. 55% take a federal student loan. The undergraduate body is 50% women and 50% men. By undergraduate numbers it is number 35 of the 53 colleges in Indiana on this site that report a size; the middle-sized one has 1,464.

Other colleges in Indiana of a similar size

Common questions

What is the acceptance rate of Franklin College?

Franklin College admits 70% of applicants, according to the College Scorecard.

How much is tuition at Franklin College?

Published tuition and fees are $40,010 a year. Most students with aid pay less: see the net price.

What is the graduation rate of Franklin College?

58% of first-time, full-time students finish within one and a half times the normal length of the course.

Source: College Scorecard, U.S. Department of Education, data released on 2 November 2026; checked in November 2026. Net price, debt and earnings describe students who received US federal aid. Costs change each year. This is official data for general information, not advice: confirm costs and admission rules on the college's own website and at collegescorecard.ed.gov.

All colleges in Indiana How to read these figures