univstats

F&M Financial Aid

Request Information
Compare to Rivals
Number Received Financial Aid (All Undergraduate) 1,340
Percent Received Financial Aid(All Undergraduate) 62%
Average Aid Amount $50,919
Number Received Financial Aid (Freshmen) 362
Percent Received Financial Aid (Freshmen) 71%

Financial Aid Information at F&M

For the academic year 2021-2022, a total of 1,340 students (62% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $50,919. For freshmen (Full-time, first-time degree-seeking undergraduate students), 362 students (71% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Franklin and Marshall College is $68,380, for reference.

All Undergraduate Students Financial Aid

For the academic year 2021-2022, a total of 1,340 students (62% of all students) have received grants or scholarships and the average received aid amount is $50,919. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Franklin and Marshall College for all undergraduate students.
Undergraduate Student Financial Aid at Franklin and Marshall College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,34062%$50,919
Pell Grants40419%$5,077
Federal Student Loans1,00546%$5,776

Beginning Students Financial Aid

a total of 362 beginning students (71% of all freshmen) have received any financial aid and 351 students (69% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Franklin and Marshall College.
Beginning Students (Freshmen) Financial Aid at Franklin and Marshall College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid36271%-
Grants or Scholarship from All Sources32363%$49,177
Federal Grants8216%$5,555
Pell Grants8216%$4,840
Other Federal Grants8216%$715
State/Local Grants357%$4,227
Institutional Grants32263%$47,456
Student Loans27554%$8,059
Federal Student Loans24949%$5,060
Other Student Loans6112%$15,675