Franklin College

Franklin, IN · Private Nonprofit

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70.6%
Acceptance
1110
SAT
$44,500
Sticker Price
$18,436
Net Price*
$55,376
Earnings
3.6 yrs
Payback
2,264
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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What is Franklin College's acceptance rate?

Down 4.9 percentage points since 2018

With a 70.6% acceptance rate, Franklin College is considered accessible. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Franklin College?

Franklin College received 2,264 applications in 2023, up 21% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 16% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Franklin College?

Health and Physical Education/Fitness leads as the most popular major at Franklin College. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Franklin College?

Tuition has increased by 26% since 2015. Total cost of attendance (including fees and room & board) has grown 26% from $35,185 to $44,500.

Tuition Total Cost

How much do Franklin College graduates earn by major?

Graduates in Teacher Education and Professional Development, Specific Levels and Methods earn among the highest salaries, with median earnings of $38,829 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Teacher Education and Professi... $38,829
$8,500 $53,358
Psychology, General $26,353
$8,500 $53,358
Biology, General $24,421
$8,500 $53,358
This school National avg

Franklin College Admissions Statistics (2018-2023)

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 2,264 1,598 70.6% 16.0%
2022 1,737 1,613 92.9% 15.3%
2021 1,589 1,504 94.7% 17.0%
2020 2,073 1,577 76.1% 18.6%
2019 1,865 1,516 81.3% 17.8%
2018 1,869 1,410 75.4% 19.3%
2017 1,821 1,418 77.9% 18.8%
2016 1,479 1,155 78.1% 20.6%
2015 2,023 1,412 69.8% 20.5%

Is Franklin College worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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What do Franklin College graduates earn?

Median Earnings (10 years)
$55,376
Earnings Range (10th - 90th percentile)
$16,600 $55,376 median $75,000

Earnings vary widely: the bottom 10% earn $16,600 while the top 10% earn $75,000. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$45,635
Median Debt
$27,000
6-Year Graduation Rate
63.4%

How much does Franklin College cost?

The total cost of attendance at Franklin College is approximately $44,500 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$33,754
Fees
$200
Room & Board
$10,546
Total Cost of Attendance
$44,500

What You'll Actually Pay

Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.

$0-30k income $19,031
$30-48k income $18,645
$48-75k income $18,436
$75-110k income $25,471
$110k+ income $28,694

Which majors pay the most?

  • Teacher Education and Professional Development, Specific Levels and Methods $38,829
  • Psychology, General $26,353
  • Biology, General $24,421
  • Teacher Education and Professional Development, Specific Subject Areas N/A
  • Sustainability Studies N/A

Who attends Franklin College?

Franklin College enrolls 966 students, with 1% from outside the United States. Women make up 48% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 966
Retention Rate 71%
International 1%
Women 48%
Race/Ethnicity
White 80%
Black 7%
Hispanic 5%
Asian 2%

How much financial aid is available?

97% of students receive some form of financial aid at Franklin College. About 39% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 97%
Avg: $27,297 free money/year
Pell Grant Recipients 39%
Federal aid for <$60k income families
Have Federal Loans 61%
Avg: $6,424
School's Own Grants 100%
Avg: $21,361 from school funds

How much do professors earn?

Faculty salaries at Franklin College are near the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

This school National avg