Franklin and Marshall College

Lancaster, PA · Private Nonprofit

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31.8%
Acceptance Rate
1390
Median SAT
$76,124
Median Earnings
9,231
Applicants

Acceptance Rate Trend

Down 3.5 percentage points since 2018

Applications & Admissions

Yield Rate Trend

Percentage of admitted students who enroll

Most Popular Majors (2023)

Degrees awarded in latest year

Major Popularity Over Time

How top majors have grown or declined

Earnings by Major

This school vs. national range (2yr after graduation)

Economics $55,964
$10,046 $141,586
Business Administration, Manag... $52,733
$10,046 $141,586
Liberal Arts and Sciences, Gen... $45,852
$10,046 $141,586
Multi/Interdisciplinary Studie... $42,682
$10,046 $141,586
Political Science and Governme... $41,441
$10,046 $141,586
History $39,009
$10,046 $141,586
Public Health $38,337
$10,046 $141,586
Psychology, General $36,848
$10,046 $141,586
This school National avg

Historical Admissions Data

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 9,231 2,938 31.8% 18.8%
2022 8,923 3,233 36.2% 15.1%
2021 7,720 2,898 37.5% 17.6%
2020 9,062 3,308 36.5% 16.7%
2019 9,502 2,888 30.4% 21.7%
2018 6,557 2,316 35.3% 26.4%
2017 6,720 2,292 34.1% 28.1%
2016 6,953 2,529 36.4% 25.3%
2015 7,146 2,305 32.3% 25.7%

Graduate Outcomes

Median Earnings (10 years)
$76,124
Median Earnings (6 years)
$62,544
Median Debt
$19,000
6-Year Graduation Rate
86.0%

Tuition & Costs (2023)

Tuition
$60,872
Fees
$190
Room & Board
$14,450
Total Cost of Attendance
$75,512

What You'll Actually Pay

Net price after grants/scholarships by family income

$0-30k income $13,331
$30-48k income $18,539
$48-75k income $26,954
$75-110k income $28,353
$110k+ income $48,713

Popular Majors

  • 1 Multi/Interdisciplinary Studies, Other
  • 2 Business Administration, Management and Operations
  • 3 Behavioral Sciences
  • 4 Economics
  • 5 Political Science and Government

Highest Earning Majors

  • Economics $55,964
  • Business Administration, Management and Operations $52,733
  • Liberal Arts and Sciences, General Studies and Humanities $45,852
  • Multi/Interdisciplinary Studies, Other $42,682
  • Political Science and Government $41,441

Student Demographics (2023)

Total Enrollment 1,911
International 17%
Women 53%
Race/Ethnicity
White 58%
Hispanic 10%
Asian 5%
Black 5%

Financial Aid (2023)

Grants are free money; loans must be repaid

Receive Grants 63%
Avg: $51,045 free money/year
Pell Grant Recipients 17%
Federal aid for <$60k income families
Have Federal Loans 44%
Avg: $6,260
School's Own Grants 68%
Avg: $44,593 from school funds