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Franklin University

Columbus, OH·Private nonprofit·5,562 students
Last updated: March 22, 2026

A good fit for students considering a private nonprofit institution in Ohio. graduation rate is below 25% — most students don't finish here; fewer than half of freshmen return for sophomore year. a private nonprofit school with 5,562 students.

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Accept
5,562
Students
$25,243
Net Price
11%
Grad Rate
$53,800
Earnings
10 yr
$20,836
Debt

About This School

Franklin University is a private nonprofit institution located in Columbus, Ohio with approximately 5,562 undergraduate students enrolled. The average net price after financial aid is $25,243 per year. The graduation rate is 11%, and the typical graduate earns $53,800 within 10 years of enrollment.

Franklin University is a private university with its main campus in Columbus, Ohio, United States. It was founded in 1902 to serve the needs of students beyond traditional undergraduate age. On-site courses are offered at the university's campus in Columbus' Discovery District. However, most students take courses online. The university has over 25 location centers in the Midwestern United States and a majority online population, and reports an average student age of 34 years.

The numbers tell a mixed story here: a 30% graduation rate and 47% freshman retention rate suggest that most students who enroll don't finish, which is a serious concern worth understanding before committing. On the positive side, median debt at graduation is a relatively modest $14,238, and median earnings of $53,800 after 10 years are reasonable — but only if you actually complete the degree. Worth considering if you're a working adult or career-changer drawn to Franklin's flexible, career-focused model, but have an honest conversation with yourself about what support you'll need to be among the students who cross the finish line.

Founded
1902
Setting
Large city
Avg Faculty Salary
$10,339

Popular Programs

Business & Marketing57%
Social Sciences9%
Computer Science8%
Health Professions7%
Psychology4%
Communications2%
Education1%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint CompositeN/A

Cost & Financial Aid

In-State Tuition
$9,577
Out-of-State Tuition
$9,577
Avg Net Price
$25,243
after aid

Net Price by Family Income

Under $30k$24,968
$30–48k$25,876
$48–75k$24,690
$75–110k$25,389
$110k+$29,964

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

Financial Aid

Students receiving Pell Grants37%
Median debt at graduation$20,836

Full Cost

After Graduation

Graduation Rate
11%
within 6 years
Retention Rate
36%
freshmen returning
Earnings (10 yr)
$53,800
after enrollment
Median Debt
$20,836
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$49,500
Female graduates$38,500

Gap: 22% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$20,836
at graduation
Earnings (6 yr)
$42,600
after enrollment
Earnings (10 yr)
$53,800
after enrollment
Earnings-to-Debt Ratio: 2.6x

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

White53%
Black20%
Hispanic/Latino8%
Asian2%
Two or more races4%
American Indian/Alaska Native1%

Source: U.S. Department of Education College Scorecard (5,562 undergraduates).

Contact & Location

Address

Franklin University

201 S Grant Ave

Columbus, OH 43215-5399

View on Google Maps →

Other Schools in Ohio

Browse all Ohio 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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