Franklin College's published cost of attendance is $54,178. Net price by income band shows how financial aid reshapes that figure: low-income families pay approximately $14,790, middle-income families pay around $20,093, and higher-income families pay approximately $30,316.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $54,178 |
| Tuition and Fees | $38,710 |
| Room and Board | $12,405 |
| Books and Supplies | $1,352 |
| Average Financial Aid (Grants and Scholarships) | -$31,323 |
| Average Net Price (What Families Pay) | $22,855 |
| Family Income | Net Price |
|---|---|
| $0–30k | $14,790 |
| $30–48k | $15,822 |
| $48–75k | $20,093 |
| $75–110k | $23,439 |
| $110k+ | $30,316 |
Franklin College's published cost of attendance is $54,178. Net price by income band shows how financial aid reshapes that figure: low-income families pay approximately $14,790, middle-income families pay around $20,093, and higher-income families pay approximately $30,316. Azimuth ranks Franklin College #1080 for post-graduation affordability among nonprofit four-year institutions. Net prices by income band are medians within those bands; individual aid packages vary, so some families in each band pay more and some less than the figures shown. Franklin College's aid structure is need-based, with financial aid applied to reduce the gap between sticker price and what families actually pay. The college participates in federal (Pell Grants, Direct Loans), state, and institutional aid programs. Families apply using the FAFSA, and work-study is available as part of the aid package for eligible students. Median federal student loan debt at graduation is $27,000, and families using Parent PLUS borrow a median of $40,380; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the Parent PLUS risk framework for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $53,224, median federal debt of $27,000 projects to a monthly payment of about $305 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
How much students borrow and whether debt is manageable given outcomes.
Debt-to-earnings data not available.
How cost compares to graduate earnings and value added.
Graduates of Franklin College earn median 4-year earnings of $53,224, placing Franklin College in the 13.0 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $13,103 less than similar students at comparable institutions, placing Franklin College in the 13.9 percentile for earnings beyond expectations among nonprofit four-year institutions. Azimuth ranks Franklin College #1038 for return on investment among nonprofit four-year institutions. Franklin College's program portfolio centers on business and related fields, which drive the institution's earnings profile. Kinesiology is the largest program with 21 graduates earning median 4-year earnings of $54,636, performing at 1.0x the national benchmark for the field. The Business Administration program graduates 17 students with median 4-year earnings of $77,821, while Psychology, General and Biology, General round out the core offerings with comparable early-career outcomes. The concentration in Business — which represents a substantial share of Franklin College's degree output — aligns with the institution's consistent earnings performance and contributes to its competitive return on investment profile among peer institutions.
