More selective than 84% of Indiana colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $54,178. College Scorecard.
Higher than 54% of Indiana colleges we cover and 62% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 68% of Indiana colleges we cover and 57% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Franklin College acceptance rate & admissions
Of 2,264 applicants, Franklin College admitted 1,598 and 256 enrolled (IPEDS, Fall 2023 entering class). The middle half of enrolled first-year students scored 1060–1240 on the SAT or 20–26 on the ACT.
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Franklin College tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
What Franklin College costs to finish, and how fast it pays back
Graduates of Franklin College took 4.0 years on average to finish, so the yearly price adds up to the total below. Payback compares former students' earnings with what high school graduates earn in Indiana. The figures follow your residency and income choices above.
| Family income | Net price / yr | Cost to finish | Years to pay back |
|---|---|---|---|
| $0–30k | $14,790 | $59,752 | 3.0 years |
| $30–48k | $15,822 | $63,921 | 3.2 years |
| $48–75k | $20,093 | $81,176 | 4.1 years |
| $75–110k | $23,439 | $94,694 | 4.8 years |
| $110k+ | $30,316 | $122,477 | 6.2 years |
Cost to finish = yearly price × 4.0 years, the average time graduates took (61% finished in 4 years; students who entered fall 2017, IPEDS). Years to pay back = cost to finish ÷ the earnings gain: median earnings of former students 10 years after starting ($55,376) minus $35,534 for high school graduates ages 25-34 in IN (Census ACS 2020-2024), a gain of $19,842 a year. Before taxes, loan interest and earnings given up while in school. Method
College Scorecard (net price, earnings); IPEDS Graduation Rates (time to finish); U.S. Census Bureau ACS (high school earnings). Calculated by EducationGuide.
Franklin College majors, earnings & careers
Franklin College offers 40 bachelor's majors across 10 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Humanities & Languages · 8
- Business & Finance · 7
- Science & Math · 7
- Arts & Design · 5
- Social Sciences & Public Service · 4
- Communications & Media · 2
- Education · 2
- Health & Medicine · 2
- Technology & Computing · 2
- Engineering · 1
Highest-earning majors at Franklin College
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Finance | $84,829 | — |
| Business | $84,491 | — |
| Business Administration | $77,821 | — |
| Sociology | $58,827 | $27,000 |
| Kinesiology / Exercise Science | $54,636 | $27,000 |
| Public Relations and Advertising | $54,298 | $27,000 |
| Psychology | $49,687 | $27,000 |
| Education (Elementary / Secondary) | $46,423 | $27,000 |
Quick list of all 40 majors
- Accounting—
- Allied Health (Imaging / Therapy / Tech)—
- Applied Mathematics—
- Biology—
- Business$84,491
- Business Administration$77,821
- Cell / Cellular Biology and Anatomical Sciences—
- Chemistry—
- Computer Engineering—
- Computer Science—
- Ecology and Evolutionary Biology—
- Economics—
- Education (Elementary / Secondary)$46,423
- Education (Subject Teaching)—
- English—
- Film and Photography—
- Finance$84,829
- Graphic / Interior / Fashion Design—
- History—
- International / Global Studies—
- International Business—
- International Relations—
- Journalism—
- Kinesiology / Exercise Science$54,636
- Liberal Arts / General Studies—
- Management Science / Analytics—
- Mathematics—
- Music—
- Neuroscience—
- Philosophy—
- Political Science—
- Psychology$49,687
- Public Relations and Advertising$54,298
- Religious Studies—
- Sociology$58,827
- Software and Media Applications—
- Spanish / French / Romance Languages—
- Studio Art—
- Theatre—
- Writing—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Public Relations and Advertising → Public relations specialist
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 1.8% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Education (Elementary / Secondary) → Elementary school teacher
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to shrink 0.4% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Indianapolis
Overall prices in the Indianapolis-Carmel-Greenwood, IN area.
BEA Regional Price Parities, 2024
2 bedrooms $1,536. Housing costs 11% below the U.S. average.
HUD Fair Market Rent, FY2027
January and July average highs. 45 inches of rain a year, 17 inches of snow.
NOAA Climate Normals 1991-2020
Highest: winter weather (relatively high).
FEMA National Risk Index, Johnson County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Johnson County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Franklin College with similar schools
Similar private colleges in Indiana by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Franklin College | 70% | $22,855 | 60% | $55,376 | This school |
| Huntington University | 76% | $19,310 | 64% | $46,672 | |
| Earlham College | 73% | $24,714 | 69% | $50,797 | |
| Manchester University | 71% | $18,805 | 46% | $51,504 | |
| Saint Mary-of-the-Woods College | 72% | $31,872 | 47% | $43,845 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Franklin College would cost you $3,545 more per year than Huntington University, on average.
- Higher sticker price at Franklin College, mostly from higher tuition & fees (+$6,840).
- Franklin College gives aided families $8,476 more in grants, on average.
| Per year, Indiana resident | Franklin College | Huntington University | Difference |
|---|---|---|---|
| Tuition & fees | $38,710 | $31,870 | +$6,840 |
| Books & supplies | $1,300 | $1,000 | +$300 |
| Housing & meals | $11,290 | $9,880 | +$1,410 |
| Personal & travel | $4,910 | $2,620 | +$2,290 |
| Living-at-home adjustment | −$2,032 | −$3,213 | +$1,181 |
| Sticker price | $54,178 | $42,157 | +$12,021 |
| Average grants | −$31,323 | −$22,847 | −$8,476 |
| You pay | $22,855 | $19,310 | +$3,545 |
“+” means Franklin College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Franklin College
What is the Franklin College acceptance rate?
Franklin College accepts 70% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,598 of 2,264 applicants were admitted. The middle half of enrolled first-year students scored 1060–1240 on the SAT or 20–26 on the ACT.
How much does Franklin College cost per year?
The sticker price (cost of attendance) is $54,178 a year. After grants and scholarships, students receiving federal aid pay $22,855 a year on average; families earning $0–30k pay $14,790 and families earning $110k+ pay $30,316.
How much do Franklin College graduates earn?
Former Franklin College students earn a median $55,376 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Franklin College graduation rate?
60% of first-time, full-time students graduate within six years, and 73% return for their second year.
How long does a Franklin College degree take to pay off?
For a family earning $48–75k, finishing at Franklin College costs about $81,176 after grants ($20,093 a year for 4.0 years, the average time graduates took). Former students earn a median $55,376 ten years after starting, $19,842 more than high school graduates in Indiana ($35,534), so the cost is repaid in 4.1 years of that gain, before taxes and interest (EducationGuide calculation).
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Franklin College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/franklin-college (College Scorecard and IPEDS data).