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University or college · Private nonprofit

Franklin College

Franklin, IN

Franklin College is a private nonprofit college in Franklin, IN, with about 966 students on campus.

Visit www.franklincollege.edu ↗Directions
Students on campus
966
911 undergrad · 55 grad
Admission rate
70%
lower than at 64% of 4-year colleges
Net price a year
$22,855
higher than at 64% of 4-year colleges
Graduation rate
60%
higher than at 61% of 4-year colleges
Earnings, 10 yrs later
$55,376
higher than at 79% of U.S. colleges
Getting in

How hard is it to get into Franklin College?

70%

of applicants admitted

About 14 of every 20 applicants get in.

Test scores of admitted students

SAT reading
540–620
SAT math
520–620
ACT
20–26

The middle 50%: a quarter scored below the range and a quarter above it. Average SAT: 1145.

What it costs

The sticker price, and what families really pay

Sticker price: $54,178 a year

Before any grants

Tuition & fees $38,710Room & board $12,405Books & supplies $1,352Other costs $1,711

After grants, the average family on aid pays $22,855.

Your family’s price

Average net price after grants, by family income

$20,093

About $80,372 over 4 years · 63% off the sticker price

Under $30k$30–48k$48–75k$75–110kOver $110k
Outcomes

Do students finish, and does it pay off?

Graduate
60%
within 6 years · Pell students 59%
Come back for year two
73%
full-time first-year students
Earnings, 10 years later
$55,376
median, students on federal aid
Typical debt
$27,000
about $286 a month over 10 years

Debt vs. the paycheck

The typical loan payment as a share of a typical graduate’s monthly pay six years after starting

7.5%
0%10%: a common comfort line25%

$286 a month against about $3,803 a month in pay.

Paying back loans

Federal student loans, this college

71%

of borrowers paid down at least some of their loan within three years, more than at 88% of U.S. colleges.

Almost none defaulted within three years (payments on federal loans were paused from 2020 to 2023, so recent default rates are near zero everywhere).

Earnings by family background

Median earnings 10 years after starting, by family income at enrollment

Lower incomeunder $30k
$50k
Middle income$30–75k
$53k
Higher incomeover $75k
$60k
Majors

What students study, and what it pays

Share of degrees by field

Parks, recreation & fitness 15%Communication 14%Biology 14%Business 13%Psychology 8%Social sciences 8%Everything else 28%

Bachelor’s programs with the most graduates

And their graduates’ median earnings four years later (one year where that’s all that’s reported).

Sports, Kinesiology, and Physical Education/Fitness22 graduates a year · typical debt $27,000
$55k4 yrs out
Psychology, General17 graduates a year · typical debt $27,000
$50k4 yrs out
Teacher Education and Professional Development, Specific Levels and Methods15 graduates a year · typical debt $27,000
$46k4 yrs out
Sociology12 graduates a year · typical debt $27,000
$59k4 yrs out
Biology, General11 graduates a year · typical debt $26,000
$33k1 yr out
Public Relations, Advertising, and Applied Communication10 graduates a year · typical debt $27,000
$54k4 yrs out
Chemistry10 graduates a year
—not reported
Business Administration, Management and Operations10 graduates a year
$78k4 yrs out
Who goes there

The students

900 degree-seeking undergraduates.

By race and ethnicity

White 77%Hispanic 5%Black 6%Asian 1%Two or more 5%International 5%

Women and men

Women 50%Men 50%
12 : 1
students per teacher
36%
get Pell grants (lower income)
54%
take federal loans
4%
undergrads 25 or older
1%
study part time
The town around it

Living in Franklin

8% of Franklin’s 26,743 residents are enrolled in college. What the town is like, from TownRatings’ Franklin pages.

Franklin →
FranklinFranklin, IN
$1,186/momedian rent · 12% above the state$282Ktypical home valueBSafety Grade20° / 85°January low / July high · 17" of snowB−Health GradeAll colleges in and near FranklinCompare prices, admissions and outcomes
Nearby

Other colleges within 30 miles

Straight-line distances from Franklin College; colleges with 100 or more students on campus.

University of IndianapolisUniversity or college · Private nonprofit · Indianapolis
16.6 mi4,718 students
Indiana University-IndianapolisUniversity or college · Public · Indianapolis
21.4 mi22,343 students
Martin UniversityUniversity or college · Private nonprofit · Indianapolis
22.3 mi213 students
Ivy Tech Community CollegeCommunity college · Public · Indianapolis
23.3 mi84,289 students
Marian UniversityUniversity or college · Private nonprofit · Indianapolis
24.6 mi2,979 students
Christian Theological SeminaryUniversity or college · Private nonprofit · Indianapolis
25.5 mi133 students
Butler UniversityUniversity or college · Private nonprofit · Indianapolis
25.7 mi5,087 students

Ask around

Students, parents, alumni and the neighbors next door.

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Start the conversation

Sources: U.S. Department of Education College Scorecard (institution and field-of-study files) and IPEDS (Scorecard 06/10/2026 · IPEDS 2024 · fall 2023); town figures from the Census American Community Survey and NOAA climate normals. Graduation rates count first-time, full-time students; earnings and debt are for students who received federal aid. Distances are straight-line. Colleges are described, not graded (how TownRatings describes colleges). Map © OpenStreetMap contributors.