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36.2%Acceptance
$68,380Tuition
1,904Students
86%Grad Rate (6-yr)
$76,124Earnings
#18 in PennsylvaniaPrivate nonprofit4-yearSAT/ACT Test OptionalLiberal ArtsNCAA Division IIIStudy AbroadData: 2023-24

Cost Details

In-State Tuition
$68,380
Out-of-State Tuition
$68,380
Average Net Price
$39,061
Students Receiving Financial Aid
16.7%
Room & Board (On Campus)
$15,568
Room & Board (Off Campus)
$15,568
Books & Supplies
$800
Total Cost of Attendance
$84,748
Median Debt at Graduation
$19,000
Estimated Monthly Loan Payment
$201/mo
Loan Repayment Rate
84.8%
Students Taking Federal Loans
44.2%
Pell Grant Recipients
16.7%

Net Price by Family Income

Average annual net price after grants and scholarships. Source: U.S. Department of Education

Net price by family income bracket
Family Income Average Net Price
$0 – $30,000 $13,331
$30,001 – $48,000 $18,539
$48,001 – $75,000 $26,954
$75,001 – $110,000 $28,353
$110,001+ $48,713

Cost Estimator

Family Income
Residency
Housing

Cost Overview

Despite a sticker price of $84,748, Franklin and Marshall families pay far less depending on income. Students from families earning under $30,000 pay just $13,331 annually, while those from households above $110,000 pay $48,713. The average family pays $39,061 per year, totaling about $156,000 over four years. F&M meets demonstrated need generously for its small student body.

Graduates typically handle debt well at this strong liberal arts college. The median debt of $19,000 translates to monthly payments around $201. With median earnings hitting $76,124 ten years out, that payment represents less than 3% of monthly income. Only 44% of students take federal loans, suggesting many families can afford the college without borrowing. Students from lower-income families get the best financial deal here, often paying less than many state schools while accessing F&M's top liberal arts education and strong alumni network.

Official Net Price Calculator

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Visit Official Net Price Calculator

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