Cost Details
- In-State Tuition
- $37,350
- Out-of-State Tuition
- $37,350
- Average Net Price
- $22,762
- Students Receiving Financial Aid
- 38.5%
- Room & Board (On Campus)
- $11,290
- Room & Board (Off Campus)
- $10,504
- Books & Supplies
- $1,300
- Total Cost of Attendance
- $49,940
- Median Debt at Graduation
- $27,000
- Estimated Monthly Loan Payment
- $286/mo
- Loan Repayment Rate
- 71.1%
- Students Taking Federal Loans
- 61.3%
- Pell Grant Recipients
- 38.5%
Net Price by Family Income
Average annual net price after grants and scholarships. Source: U.S. Department of Education
| Family Income | Average Net Price |
|---|---|
| $0 – $30,000 | $19,031 |
| $30,001 – $48,000 | $18,645 |
| $48,001 – $75,000 | $18,436 |
| $75,001 – $110,000 | $25,471 |
| $110,001+ | $28,694 |
Cost Estimator
Cost Overview
Most Franklin College families pay around $23,000 annually after aid, despite the $37,350 sticker price. Net costs vary dramatically by income, from $18,400 for middle-class families earning $48,000-$75,000 to $28,700 for those making over $110,000. Over four years, expect to pay roughly $92,000 total.
Graduates leave with $27,000 in median debt, translating to $286 monthly payments. That's manageable against median earnings of $55,376 ten years out. The college meets financial need for nearly 30% of students with institutional grants averaging $28,290. Franklin's Baptist heritage means the school prioritizes accessibility for working families.
Middle-income students get the sweetest deal here. Those earning $30,000-$75,000 qualify for the lowest net prices, often paying less than families making more. Indiana residents comprise 93% of enrollment, suggesting strong in-state value.
Graduates leave with $27,000 in median debt, translating to $286 monthly payments. That's manageable against median earnings of $55,376 ten years out. The college meets financial need for nearly 30% of students with institutional grants averaging $28,290. Franklin's Baptist heritage means the school prioritizes accessibility for working families.
Middle-income students get the sweetest deal here. Those earning $30,000-$75,000 qualify for the lowest net prices, often paying less than families making more. Indiana residents comprise 93% of enrollment, suggesting strong in-state value.
Official Net Price Calculator
Get a personalized cost estimate from Franklin College:
Visit Official Net Price CalculatorThis links to the school's federally-required net price calculator for a personalized estimate.