Private Nonprofit Graduate Fair 45/100

Franklin University

See admissions data, costs, student outcomes, and academic programs, all verified from official US government sources.

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Columbus, Ohio

About Franklin University

Thinking about Franklin University, a college in Ohio where more students graduate in Business than anything else? The four things worth knowing are what it actually costs after aid, whether you would get in, whether students finish, and what they earn after they do.

Franklin University is a private nonprofit institution offering graduate degrees based in Columbus, Ohio. It enrolls 5,562 students (a large student body), according to IPEDS 2023-24 data. Every figure on this page is reported by the federal government, not supplied by the college, so it can be compared like for like against anywhere else you are looking.

Acceptance
—
Graduation
35.7%
Net Price
$25,243
Median Earnings (10yr)
$51,892
Enrollment
5,562
Student : Faculty
16:1

Accreditor Higher Learning Commission
Academic Calendar Trimester

How It Measures Up

These four scores answer one question: compared with similar colleges, is this one worth the money? Each runs 0 to 100 and is judged only against its peer group (4-Year Open / Online), so a community college is never marked down for not being Harvard. Everything is computed from federal data. Nobody can pay to move a score, and a pillar with missing data is left unscored rather than guessed.

Fair
45/100
UCD Score · 4-Year Open / Online
Outcomes 9
Value 28
Affordability 33
Selectivity —

Admissions & Acceptance Rate

Franklin University does not report an acceptance rate. Schools that do not publish one are usually open-admission, but confirm with the admissions office before you assume it.

Acceptance Rate
—
SAT Range (25th–75th)
—
Not reported
ACT Range (25th–75th)
—
Not reported

Cost & Financial Aid

Ignore the sticker price. What matters is the net price, which is what a typical family pays here after grants and scholarships come off. At $25,243 a year on average, it sits in line with what private nonprofit colleges charge nationally. Plan for the gap between that and what you can pay without borrowing. Figures are College Scorecard 2023-24.

The average hides a wide spread by household income, so it is worth estimating what a family at your income would actually pay before treating this as the price.

Average Net Price
$25,243
Per year, after typical aid
Receive Pell Grants
37%
Need-based federal aid
Receive Federal Loans
41%
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
$9,577
Room & Board (off-campus)
$16,740
Books & Supplies
$552
Other Expenses (off-campus)
$6,264
Total Cost of Attendance
$30,696

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
    $24,968
  • $30,001 – $48,000
    $25,876
  • $48,001 – $75,000
    $24,690
  • $75,001 – $110,000
    $25,389
  • Over $110,000
    $29,964

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.

$3,501
10% percentile
$7,000
25% percentile
$20,836
Median percentile
$26,264
75% percentile
$37,500
90% 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 $15,500 ↓ $5,336
No Pell $12,500 ↓ $8,336
Dependent students $11,000 ↓ $9,836
Independent students $16,619 ↓ $4,217
Female students $15,250 ↓ $5,586
Male students $12,500 ↓ $8,336
Pell recipients: 18.6% (3,874 students)No Pell: 15.0% (3,124 students)Dependent students: 13.2% (2,749 students)Independent students: 19.9% (4,154 students)Female students: 18.3% (3,811 students)Male students: 15.0% (3,124 students)Overall Median$20,836
Worth knowing: Students who don't finish leave with a median debt of $10,874, less than completers ($20,836), but still a meaningful obligation without a degree in hand.

Graduation Rate & Retention

36% of students who start here finish within six years, and 40% come back after first year. Fewer than half finish in six years. Ask what support exists for students who fall behind. Source: IPEDS 2023-24.

Completion and earnings carry the most weight in this college's score, and how the UCD Score weighs each measure sets out exactly how they are combined.

6-Year Graduation Rate
36%
Of students who graduate within six years
First-Year Retention
40%
Returning for their second year
What this means: Lower than typical completion. Worth asking the school how they support students who fall behind.

After Graduation: Earnings & Outcomes

Ten years after starting here, the median student earns $51,892 a year, close to the national median. Typical for most colleges, so what you study will matter more than where. Source: College Scorecard 2023-24.

Median Earnings (10 yrs)
$51,892
Earning > $25K
75%
10 yrs after entry

Earnings Growth After Graduation

Median annual earnings 6, 8, and 10 years after students first enrolled.

$49,000$49,500$50,500$51,500$52,5006 yrs8 yrs10 yrs

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
$47,900

Median earnings for female grads ten years after first enrolling here.

Male graduates
$63,400

Median earnings for male grads ten years after first enrolling here.


By Family Income at Entry

Family income (lowest third)
$44,000

Earnings of grads from the bottom-third of family incomes at entry.

Family income (middle third)
$56,600

Earnings of grads from the middle-third of family incomes at entry.

Family income (highest third)
$66,000

Earnings of grads from the top-third of family incomes at entry.

The gender gap: Male graduates earn $15,500, about 24% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.
What this means: Moderate return on investment. Every dollar of net annual cost is matched by ~$2.1 of median earnings 10 years out. Compare carefully against your funding plan.

Who Studies Here

Who you would actually be sitting next to: 5,562 students, a large student community. Worth knowing: 50% are the first in their family to go to college, and 60% study part-time, so many are working alongside classes.

Total Enrolled
5,562
Part-Time
60%
First-Generation
50%

Race & Ethnicity Breakdown

Undergraduate student body composition reported to the US Department of Education.

GroupShareStudents
White 53.2% 2,960
Black 20.2% 1,122
Hispanic 7.8% 433
Other 4.4% 242
Asian 2.1% 118
International 0.1% 6
White: 53.2% (2,960 students)Black: 20.2% (1,122 students)Hispanic: 7.8% (433 students)Other: 4.4% (242 students)Asian: 2.1% (118 students)International: 0.1% (6 students)Total5,562

Student Life & Campus Culture

Where students live, learn, and connect at Franklin University. The campus setting, housing profile, and signals that shape day-to-day life here.

Setting
Large City Columbus, Ohio
Housing
Commuter campus No on-campus housing
Adult Learners
73% of students are 25 or older
Athletics
NAIA athletic-conference member
Academic Calendar
Trimester scheduling structure

What You Can Study

After that comes the national picture for Health graduates, which shows what the field pays across every college rather than just this one.

Franklin University offers an extensive catalog of programs: 55 distinct programs across 11 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.

16 Programs
7 Programs
11 Programs
2 Programs
2 Programs

Faculty & Resources

There are 16 students for every instructor here: about average, so expect a mix of small seminars and big lectures.

Student : Faculty
16:1
Students per instructional faculty member
Endowment
$108M
Solid financial position
Avg Faculty Salary
$90,545
9-month equivalent across all ranks

Faculty by Rank

66 instructional faculty across 1 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
No Rank 66 100% $90,545

Pros & Cons of Franklin University

No college is right for everyone. Here is where Franklin University is likely to suit you and where it may not, based on the same figures shown above.

Read against a single profile these cut both ways, which is why it helps to put two colleges side by side on the same measures rather than judging one in isolation.

PROS
  • Reasonable class sizes
  • Solid post-graduation earnings
  • First-gen-friendly student body
  • Flexible part-time enrollment options
CONS
  • Above-average net price
  • Low completion rate, many students don't graduate within six years
  • First-year retention is below typical
  • Mostly part-time student body, less full-time campus feel
Best for: Based on the data, Franklin University is a fit for working adults or students needing part-time study options.

Frequently Asked Questions about Franklin University

The questions families ask most about Franklin University, answered straight from the federal data rather than from the college's own marketing.

How much does Franklin University cost?
Budget around $25,243 a year. That is the net price, what families typically pay once grants and scholarships come off, not the sticker price. Your own figure depends on household income, so treat this as a midpoint rather than a quote. Source: College Scorecard 2023-24.
Is Franklin University worth it?
On the numbers, yes: moderate return on investment. Ten years in, the median graduate earns $51,892 a year against a net price of $25,243, about 2.1 dollars of earnings for every dollar of annual cost. That ratio ignores whether you finish and what you study, which matter just as much. Source: College Scorecard 2023-24.
What is Franklin University known for?
Mostly Business Administration, Business Administration, Accounting. Those are the fields where it awards the most degrees, which is a better guide to where the teaching strength sits than any reputation ranking. Source: IPEDS 2023-24.
What do Franklin University graduates earn?
About $51,892 a year, measured ten years after students first enrolled. Half earn more and half earn less, and what you study moves that figure far more than where you study. Source: College Scorecard 2023-24.
Is Franklin University accredited?
Yes. Franklin University is accredited by the Higher Learning Commission.
How many students attend Franklin University?
5,562 students. Big enough for a wide course catalogue without feeling anonymous. Source: IPEDS 2023-24.
What is the graduation rate at Franklin University?
36% finish within six years. That means most students do not finish in six years. Ask the school directly what support exists for students who fall behind. Source: IPEDS 2023-24.
Is Franklin University a public or private college?
It is Private Nonprofit. Private nonprofit, so the sticker price is higher but institutional aid is often larger too.
Where is Franklin University located?
Franklin University is located in Columbus, Ohio.
What programs does Franklin University offer?
55 different programs, most commonly Business Administration, Business Administration, Accounting. If the subject you want is not among them, check the full list before applying rather than assuming it is offered.
What is the student-to-faculty ratio at Franklin University?
16 students per instructor. About average, so a mix of seminars and larger lectures. Source: IPEDS 2023-24.

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