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Franklin College

Private nonprofit 4-year · Franklin, Indiana · 900 undergradsAmerican BaptistTest-optional

Campus of Franklin College
Photo: User:Mingusboodle, Public domain, via Wikimedia Commons
Admission7 in 10 get in70% admitted, fall 2024
Average cost after grants$24,343a year · sticker $56,433
Graduation rate
58%
finish within 6 years
Earnings 10 years in$61,877median per year · debt $22,678
Report card how grades work
BOverall value
C+Cost
C+Price for low incomes
BGraduation
BEarnings

Franklin College is a private nonprofit 4-year college in Franklin, Indiana with 900 undergraduates. It admits 70% of applicants, costs an average of $24,343 a year after grants and graduates 58% of its students.

Figures from the U.S. Department of Education College Scorecard, released October 15, 2026. What each number covers.

Franklin College acceptance rate and admissions

Franklin College admitted 70% of applicants for fall 2024. The median acceptance rate at 4-year colleges is 77%.

Test scores: Considered but not required (as reported for fall 2024 admission). That means you can apply without SAT or ACT scores. Check the admissions office for the current policy.

SAT total
1060 to 1240
4001600
ACT composite
20 to 26
136

The colored band is the middle 50% of enrolled students in fall 2024 (reading and writing 540 to 620, math 520 to 620). The tick marks the typical 4-year college. Check how your scores fit.

Franklin College application deadlines 2026-27

RoundDeadline
Rolling admissionApplications reviewed as they arrive

Application fee through the Common App: free for U.S. applicants. Confirm dates on Franklin College’s admissions page; see every college on the deadline calendar.

Source: Common App 2026-27 first-year deadlines, fees and requirements grid, updated Sep 25, 2026.

Franklin College tuition, cost and net price

Tuition and fees (2025-26)$40,010
On-campus housing and food (2025-26)$12,819
Total cost of attendance (2024-25)$56,433
Average net price after grants (2024-25)$24,343

Students who get federal aid pay an average of $24,343 a year after grants and scholarships, $32,090 less than the full cost of attendance.

What families pay, by income

Average yearly cost after grants for aided first-time students, by family income (2024-25):

$0 to $30,000$19,466
$30,001 to $48,000$18,362
$48,001 to $75,000$18,303
$75,001 to $110,000$21,684
Over $110,000$32,950

Your own price depends on your family's full situation. Run Franklin College's net price calculator for a personal estimate, or make a "what it costs us" card.

Franklin College graduation rate, earnings and debt

58%
finished within 6 years
73%
came back for year two
40%
get a Pell Grant
  • 58% of first-time, full-time students finished within six years (students who started in 2019).
  • Former students earned a median of $61,877 a year, 10 years after they started (students who received federal aid and were working).
  • Students who completed left with a median of $22,678 in federal student loans.

Earnings compared

Franklin College$61,877
Indiana median, private nonprofit 4-year$59,112
U.S. median, private nonprofit 4-year$59,582

Debt compared

Franklin College$22,678
Indiana median$23,375
U.S. median$23,250

Median debt is 37% of median earnings 10 years after entry. Many advisers suggest keeping total student debt below one year of expected pay. See the monthly payment.

Franklin College majors and what graduates earn

Franklin College awarded bachelor's degrees in 34 fields recently. The best-paid graduates four years out came from finance ($84,829).

Finance$84,829
Business$84,491
Business administration$77,821
Sociology$58,827
Kinesiology and exercise science$54,636
Public relations and advertising$54,298
Psychology$49,687
Teacher education by grade level$46,423
All 34 majors at Franklin College
MajorGraduates (2023-24)Earnings 1 yr afterEarnings 4 yrs afterMedian debt
Finance8n/a$84,829n/a
Business8n/a$84,491n/a
Business administration23n/a$77,821n/a
Sociology7n/a$58,827n/a
Kinesiology and exercise science20n/a$54,636$26,000
Public relations and advertising21$44,252$54,298$27,000
Psychology21$38,256$49,687$26,500
Teacher education by grade level14n/a$46,423n/a
Biology15n/an/an/a
History10n/an/an/a
Computer science8n/an/an/a
Accounting7n/an/an/a
Computer Programming6n/an/an/a
Chemistry6n/an/an/a
Fine and studio arts6n/an/an/a
Applied mathematics5n/an/an/a
English4n/an/an/a
Rhetoric and Composition/Writing Studies4n/an/an/a
Journalism3n/an/an/a
Data science3n/an/an/a
Political science3n/an/an/a
Graphic and industrial design3n/an/an/a
Theater3n/an/an/a
Romance languages2n/an/an/a
Ecology and evolutionary biology2n/an/an/a
Music2n/an/an/a
Computer engineering1n/an/an/a
Biochemistry and molecular biology1n/an/an/a
Neuroscience1n/an/an/a
Economics1n/an/an/a
Film and photography1n/an/an/a
Mathematics0n/an/an/a
Philosophy0n/an/an/a
Religious studies0n/an/an/a

Four-year earnings: graduates of 2017-18 and 2018-19, measured in 2022 and 2023, in 2024 dollars. Fields with few graduates have no published earnings.

Graduate programs at Franklin College

1 graduate programs awarded degrees recently. Largest first.

Show 1 graduate programs
ProgramDegreeGraduates (2023-24)Earnings 1 yr afterMedian debt
Allied health (PA, radiography, therapy and more)Master's27$96,997$127,908

Students and location

  • 900 degree-seeking undergraduates (fall 2024)
  • 50% women, 50% men
  • 12 students for every faculty member
  • Setting: large suburb
  • Accredited by Higher Learning Commission
American College of EducationAnderson UniversityBall State UniversityBethel UniversityButler UniversityCalumet College of Saint JosephChamberlain University-IndianaCollege of Court Reporting IncDePauw UniversityEarlham CollegeGoshen CollegeGrace College and Theological SeminaryHanover CollegeHoly Cross CollegeHuntington UniversityIndiana Institute of TechnologyIndiana Institute of Technology-College of Professional StudiesIndiana State UniversityIndiana University-BloomingtonIndiana University-EastIndiana University-IndianapolisIndiana University-KokomoIndiana University-NorthwestIndiana University-South BendIndiana University-SoutheastIndiana Wesleyan University-MarionIndiana Wesleyan University-National & GlobalJohn Patrick University of Health and Applied SciencesManchester UniversityMarian UniversityMarian University-AncillaMid-America College of Funeral ServiceOakland City UniversityPurdue University Fort WaynePurdue University NorthwestPurdue University-Main CampusRose-Hulman Institute of TechnologySaint Mary's CollegeSaint Mary-of-the-Woods CollegeTaylor UniversityTrine UniversityTrine University-Regional/Non-Traditional CampusesUniversity of EvansvilleUniversity of IndianapolisUniversity of Notre DameUniversity of Saint Francis-Fort WayneValparaiso UniversityVeritas Baptist CollegeVet Tech Institute of IndianaWabash CollegeFranklin College
Franklin College 4-year 2-year colleges in Indiana

Campus on OpenStreetMap · Get directions

Frequently asked questions

What is the acceptance rate at Franklin College?

Franklin College admitted 70% of applicants for fall 2024, according to the U.S. Department of Education.

How much does Franklin College cost?

Tuition and fees for 2025-26 are $40,010. After grants and scholarships, aided students paid an average net price of $24,343 a year in 2024-25.

What SAT score do you need for Franklin College?

The middle 50% of enrolled students scored 540 to 620 in reading and writing and 520 to 620 in math, and 20 to 26 on the ACT. Scores inside these ranges are typical for admitted students.

Is Franklin College test-optional?

For fall 2024 admission, Franklin College reported that test scores were: considered but not required. Policies change, so confirm with the admissions office.

What is the graduation rate at Franklin College?

58% of first-time, full-time students finished within six years.

How much do Franklin College graduates make?

Former students who received federal aid earned a median of $61,877 a year 10 years after they started, in 2024 dollars.

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More: all colleges in Indiana · Franklin College on the College Scorecard

Source: U.S. Department of Education, College Scorecard, data release of October 15, 2026. What each figure means and the year it covers.

See an outdated number?