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Franklin College

Franklin, IN·Private nonprofit·900 students
Last updated: March 22, 2026

A good fit for students who want small classes and close faculty access. no major red flags in the data. financial aid brings net price below sticker.

70%
Accept
900
Students
$22,855
Net Price
60%
Grad Rate
$46,300
Earnings
10 yr
$27,000
Debt

About This School

Franklin College is a private nonprofit institution located in Franklin, Indiana with approximately 900 undergraduate students enrolled. Franklin College has an open or accessible admissions process, with an acceptance rate of 70%. The average net price after financial aid is $22,855 per year. The graduation rate is 60%, and the typical graduate earns $46,300 within 10 years of enrollment.

Franklin College may refer to:in SwitzerlandFranklin University Switzerland formerly known as Franklin College Switzerlandin the United KingdomFranklin College, Grimsby, Englandin the United StatesFranklin College, Lancaster, Pennsylvania. Known as "Franklin and Marshall College" since 1853 Franklin College of Arts and Sciences, Athens, Georgia, a founding component of University of Georgia Franklin College (Indiana), Franklin, Indiana Franklin College, Harrison County, Ohio, a former college in village of New Athens that operated from 1818 to 1919 Franklin College (Tennessee), a former college in Davidson County, Tennessee, that operated from 1844 until the American Civil War Franklin College, a residential college at Yale University Franklin University, Columbus, Ohio

The numbers tell a mixed story here: with a 63% graduation rate and a freshman retention rate of just 71%, a meaningful share of students who start at this small Indiana college don't finish — worth asking why. On the financial side, things look more reasonable, with median debt at graduation around $19,000 and an average net price of $22,762 per year, keeping borrowing relatively manageable. Worth considering if you're drawn to a tight-knit campus of under 900 students and have a clear plan to stay on track, but look closely at what support systems are in place before committing.

Founded
1844
Setting
Large suburb
Religious Affiliation
Salvation Army
Avg Faculty Salary
$7,146

Popular Programs

Business & Marketing19%
Communications13%
Biological Sciences10%
Psychology10%
Education7%
Visual & Performing Arts7%
Social Sciences6%
Computer Science4%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

Test Policy: Considered but not required

SAT Scores

Average Composite1145
Reading 75th %ile620
Math 75th %ile620

ACT Scores

Midpoint Composite23

Cost & Financial Aid

In-State Tuition
$38,710
Out-of-State Tuition
$38,710
Avg Net Price
$22,855
after aid

Net Price by Family Income

Under $30k$14,790
$30–48k$15,822
$48–75k$20,093
$75–110k$23,439
$110k+$30,316

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants36%
Median debt at graduation$27,000

Full Cost

After Graduation

Graduation Rate
60%
within 6 years
Retention Rate
73%
freshmen returning
Earnings (10 yr)
$46,300
after enrollment
Median Debt
$27,000
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$39,000
Female graduates$32,300

Gap: 17% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$27,000
at graduation
Earnings (6 yr)
$36,000
after enrollment
Earnings (10 yr)
$46,300
after enrollment
Earnings-to-Debt Ratio: 1.7x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White77%
Black6%
Hispanic/Latino5%
Asian1%
Two or more races5%
International5%

Source: U.S. Department of Education College Scorecard (900 undergraduates).

Contact & Location

Address

Franklin College

101 Branigin Blvd

Franklin, IN 46131-2623

View on Google Maps →

Other Schools in Indiana

Browse all Indiana schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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