For the academic year 2022-2023, total 362 full-time, first-time students (71% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,340 students (62% of all students) received grants or scholarships and the average grant amount is $50,919. In addition, 1,005 students received student loans and the average loan amount is $5,776.
Below tables show the number and amount by source of financial aid at Franklin and Marshall College.
For all undergraduate students, total 1,340 students (62% of all students) received grants or scholarships and the average grant amount is $50,919. In addition, 1,005 students received student loans and the average loan amount is $5,776.
Below tables show the number and amount by source of financial aid at Franklin and Marshall College.
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Federal, state, local, institutional or other grant aid | 1,340 | 62% | $50,919 |
Pell Grants | 404 | 19% | $5,077 |
Federal Student Loans | 1,005 | 46% | $5,776 |
Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
---|---|---|---|
Any Student Financial Aid | 362 | 71% | - |
Grants or Scholarship from All Sources | 323 | 63% | $49,177 |
Federal Grants | 82 | 16% | $5,555 |
Pell Grants | 82 | 16% | $4,840 |
Other Federal Grants | 82 | 16% | $715 |
State/Local Grants | 35 | 7% | $4,227 |
Institutional Grants | 322 | 63% | $47,456 |
Student Loans | 275 | 54% | $8,059 |
Federal Student Loans | 249 | 49% | $5,060 |
Other Student Loans | 61 | 12% | $15,675 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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