Franklin College is a private nonprofit institution offering graduate degrees based in Franklin, Indiana. It enrolls 900 students (a small, tight-knit student body), according to IPEDS 2023-24 data. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.
US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Selective). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.
Good
61/100
UCD Score · 4-Year Selective
Outcomes45
Value39
Affordability48
Selectivity52
Admissions & Acceptance Rate
With an acceptance rate of 69.8%, Franklin College is moderately selective.
Acceptance Rate
69.8%
Moderate
SAT Range (25th–75th)
1060 – 1240
Reading + Math combined
ACT Range (25th–75th)
20 – 26
Cumulative composite
Test PolicyNot ConsideredStandardized test scores are not used in admissions decisions.
5-Year Admission Trend
Acceptance rate over the last five admission cycles. The trend tells you whether Franklin College is getting harder, easier, or staying about the same.
Getting more selective ↓
10.7 pts
since 2019
Cost & Financial Aid
The real cost of attending Franklin College isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $22,855 per year. That's in line with the typical net price for private nonprofit colleges nationally.
Average Net Price
$22,855
Per year, after typical aid
Receive Pell Grants
36%
Need-based federal aid
Receive Federal Loans
54%
Borrowing to attend
Full Cost Breakdown
Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.
Tuition & Fees
$38,710
Room & Board (on-campus)
$12,405
Room & Board (off-campus)
$10,924
Books & Supplies
$1,352
Other Expenses (on-campus)
$5,106
Other Expenses (off-campus)
$9,614
Total Cost of Attendance
$54,178
Net Price by Family Income
Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.
Under $30,000
$14,790
$30,001 – $48,000
$15,822
$48,001 – $75,000
$20,093
$75,001 – $110,000
$23,439
Over $110,000
$30,316
Debt at Graduation
Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.
$3,75010%percentile
$7,50025%percentile
$27,000Medianpercentile
$27,00075%percentile
$38,00090%percentile
Median Debt by Student Type
Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.
GroupDebtvs Median
Pell recipients $17,200
↓ $9,800
No Pell $19,500
↓ $7,500
Dependent students $19,000
↓ $8,000
Independent students $12,500
↓ $14,500
Female students $18,500
↓ $8,500
Male students $19,000
↓ $8,000
Worth knowing:
Students who don't finish leave with a median debt of $5,500, less than completers ($27,000), but still a meaningful obligation without a degree in hand.
Graduation Rate & Retention
64% of full-time students who enrolled at Franklin College graduate within six years, and 72% return for their second year, per IPEDS 2023-24 completion data.
6-Year Graduation Rate
64%
Of students who graduate within six years
First-Year Retention
72%
Returning for their second year
After Graduation: Earnings & Outcomes
According to College Scorecard 2023-24 data, students who entered Franklin College earn a median of $55,376 ten years after first enrolling. That's above the national median for U.S. colleges.
Median Earnings (10 yrs)
$55,376
Earning > $25K
86%
10 yrs after entry
Earnings Growth After Graduation
Median annual earnings 6, 8, and 10 years after students first enrolled.
Earnings by Demographic
Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.
By Gender
Female graduates
$39,600
Median earnings for female grads ten years after first enrolling here.
Male graduates
$51,700
Median earnings for male grads ten years after first enrolling here.
By Family Income at Entry
Family income (lowest third)
$37,300
Earnings of grads from the bottom-third of family incomes at entry.
Family income (middle third)
$42,400
Earnings of grads from the middle-third of family incomes at entry.
Family income (highest third)
$51,000
Earnings of grads from the top-third of family incomes at entry.
The gender gap:
Male graduates earn $12,100, about 23% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.
Loan Repayment Progression
Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.
Climbing: graduates increasingly paying down debt ↑
14.7 pts
across 6 years
What this signals:
Excellent. 89% of graduates were paying down at least $1 of principal seven years out.
Who Studies Here
Franklin College is home to 900 students, a small, close-knit community.
Total Enrolled
900
Part-Time
1%
First-Generation
29%
Race & Ethnicity Breakdown
Undergraduate student body composition reported to the US Department of Education.
GroupShareStudents
White 77.1%694
Black 6.2%56
Hispanic 5.4%49
Other 4.9%44
International 4.8%43
Asian 1.1%10
Student Life & Campus Culture
Where students live, learn, and connect at Franklin College. The campus setting, housing profile, and signals that shape day-to-day life here.
Setting
Large SuburbFranklin, Indiana
Housing
Strongly residential710 beds for 900 students
Adult Learners
4%of students are 25 or older
Athletics
NCAAathletic-conference member
Academic Calendar
4-1-4 Planscheduling structure
Designation
Religiously affiliated
What You Can Study
Franklin College offers
a varied set of programs:
30 distinct programs across
17 majors.
Below are its strongest majors, each with flagship programs and typical earnings.
Open a major to explore it in depth, or browse the full program catalog.
The student-to-faculty ratio at Franklin College is 12:1, close to the national average.
Student : Faculty
12:1
Students per instructional faculty member
Endowment
$120M
Solid financial position
Avg Faculty Salary
$61,742
9-month equivalent across all ranks
Faculty by Rank
72 instructional faculty across 5 ranks.
The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.
Rank
Faculty Count
Share
Avg Salary
Full Professors
22
31%
$75,771
Associate Professors
11
15%
$62,778
Assistant Professors
26
36%
$56,515
Instructors
9
13%
$51,190
Lecturers
4
6%
$39,449
Pros & Cons of Franklin College
A quick at-a-glance summary of how Franklin College tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.
PROS
Small classes (low student-faculty ratio)
Tight-knit, close community feel
Solid post-graduation earnings
CONS
Above-average net price
Fewer clubs, activities, and social options
Modest first-year retention
Best for:
Based on the data, Franklin College is a fit for
students who thrive in small, close-knit environments.
Frequently Asked Questions about Franklin College
Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Franklin College.
Is Franklin College hard to get into?
Admissions at Franklin College are moderately competitive. The acceptance rate is 69.8%, so most applicants who meet the academic minimums are admitted.
What is the acceptance rate at Franklin College?
Franklin College has an acceptance rate of 69.8%, according to College Scorecard 2023-24 admissions data.
What SAT score do you need for Franklin College?
The middle 50% of admitted students at Franklin College scored between 1060 and 1240 on the SAT (Reading + Math combined). Scores at the higher end of that range improve admissions odds materially. Per IPEDS 2023-24 data.
What ACT score do you need for Franklin College?
The middle 50% of admitted students at Franklin College scored between 20 and 26 on the ACT composite. Scores in the upper half of that range strengthen an application. Source: IPEDS 2023-24.
How much does Franklin College cost?
The average net price after aid at Franklin College is $22,855 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Franklin College worth it?
Moderate return on investment. Graduates earn a median of $55,376 ten years after entering, against an average net price of $22,855 per year. That's roughly 2.4x earnings-to-cost. Source: College Scorecard 2023-24.
What is Franklin College known for?
Franklin College is best known for its programs in Allied Health Diagnostic, Kinesiology, Psychology. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Franklin College graduates earn?
Median earnings 10 years after entering Franklin College are $55,376, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
Is Franklin College accredited?
Yes. Franklin College is accredited by the Higher Learning Commission.
How many students attend Franklin College?
Franklin College enrolls 900 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Franklin College?
Franklin College graduates 64% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Franklin College a public or private college?
Franklin College is a Private Nonprofit institution.
Where is Franklin College located?
Franklin College is located in Franklin, Indiana.
What programs does Franklin College offer?
Franklin College offers 30 distinct programs. The most popular include Allied Health Diagnostic, Kinesiology, Psychology.
What is the student-to-faculty ratio at Franklin College?
The student-to-faculty ratio at Franklin College is 12:1, per IPEDS 2023-24 data.
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