About Franklin College
Students pay an average of $22,762 after financial aid, well below the $37,350 sticker price. Graduates earn a median of $55,376 ten years out, making the typical $27,000 in student debt manageable at $286 monthly payments. The 96.8% employment rate shows strong job placement. Nearly 39% of students receive Pell Grants, indicating the college serves working-class families seeking upward mobility.
The 12:1 student-faculty ratio means professors know every student by name. About 437 students compete in 17 Division III sports as Grizzlies, creating school spirit without athletic scholarships. The 71% retention rate suggests some students struggle with the transition, but those who stay graduate at solid rates. With 93% of students from Indiana, Franklin feels like a tight community where Hoosier values shape the campus culture.
Academics & Faculty
Source: College Scorecard / U.S. Department of Education
- Student-to-Faculty Ratio
- 12:1
- Full-Time Faculty
- 74.8%
- Graduation Rate (4-year)
- 63.2%
- Graduation Rate (6-year)
- 63.4%
- Retention Rate
- 71.0%
- Median Earnings (10 years)
- $55,376
- Carnegie Classification
- Liberal Arts College
Popular Programs by Earnings
| Program | Level | Median Earnings |
|---|---|---|
| Teacher Education and Professional Development, Specific Levels and Methods. | Bachelor | $38,829 |
| Psychology, General. | Bachelor | $26,353 |
| Biology, General. | Bachelor | $24,421 |
Campus Life
Indiana winters require heavy coats and boots, while spring and fall offer comfortable weather for outdoor activities on the historic campus founded in 1844. With 93% of students coming from Indiana, the Grizzlies create a tight-knit community where everyone knows each other. Students gather for NCAA Division III athletic events, with 437 total athletes competing across 17 varsity sports. The 12:1 student-faculty ratio means professors know students by name and often join them for meals in the dining hall. Weekends revolve around campus events, trips to Indianapolis for shopping and entertainment, or intramural sports. The American Baptist heritage influences campus culture through service opportunities and community values.
- Setting
- Suburb-Large
- Housing Capacity
- 710 beds
- Calendar System
- Four-One-Four
- Study Abroad
- Available
- Founded
- 1844
Campus Safety (2023)
17 total reported incidents. Source: Clery Act / U.S. Department of Education
| Offense | On Campus | Residential | Noncampus | Public Property |
|---|---|---|---|---|
| Fondling | 4 | 3 | 2 | 0 |
| Rape | 2 | 2 | 0 | 0 |
| Burglary | 2 | 0 | 0 | 0 |
| Dating Violence | 1 | 1 | 0 | 0 |
Climate & Weather
- January Avg
- 18°–35°F
- July Avg
- 63°–84°F
- Annual Precipitation
- 44.8"
- Annual Snowfall
- 0.0"
Student Demographics
- Men
- 53.4%
- Women
- 46.6%
- White
- 79.7%
- Black
- 7.1%
- Hispanic
- 5.7%
- Asian
- 1.5%
- In-State Students
- 93.2%
- Pell Grant Recipients
- 38.5%
Location
- Address
- Franklin, Indiana 46131-2623
After College
Source: College Scorecard / U.S. Department of Education
- Median Earnings (10 years)
- $55,376
- Median Earnings (5 years)
- $53,315
- Mean Earnings (6 years after entry)
- $36,000
- Loan Repayment Rate
- 71.1%
- Monthly Loan Payment
- $286/mo
- Median Debt at Graduation
- $27,000
Frequently Asked Questions
What is the acceptance rate at Franklin College?
Franklin College accepts 92.86% of applicants with an average SAT score of 1070. This liberal arts college founded in 1844 has a welcoming admissions process that focuses on finding students who will thrive in their close-knit community of 872 students.
How much does Franklin College cost after financial aid?
Students pay an average net price of $22,762 despite the $49,940 total cost of attendance. The college provides institutional grants averaging $28,290 to 29% of students, making this Baptist-affiliated school more affordable than the sticker price suggests.
What is the student-faculty ratio at Franklin College?
Franklin College maintains a 12:1 student-faculty ratio that enables personalized attention in the classroom. The college is particularly known for its strong education and journalism programs, which benefit from this intimate learning environment.
What are the career outcomes for Franklin College graduates?
Graduates earn a median salary of $55,376 ten years after graduation with a 96.8% employment rate. While the 63.4% six-year graduation rate reflects the challenges many small colleges face, those who complete their degrees typically manage their $27,000 median debt load successfully.
Where is Franklin College located and what is campus life like?
Franklin College sits in Franklin, Indiana, a large suburban setting that houses 710 students in campus facilities. With 17 varsity sports and 437 total athletes competing in NCAA Division III, the Grizzlies create a spirited campus atmosphere despite the small size.
Does Franklin College primarily serve local students?
An overwhelming 93.17% of Franklin College students come from Indiana, creating a tight-knit regional community. The college's American Baptist heritage and Four-One-Four calendar system appeal strongly to families throughout the state seeking a traditional liberal arts education.