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What is the average loan amount at Franklin College?

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For the academic year 2022-2023, total 208 full-time, first-time students (82% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 607 students (68% of all students) have received federal student loans and the average loan amount is $9,722 at Franklin College.

Below tables show the number and amount by source of financial aid at Franklin College.
All Undergraduate Student Financial Aid at Franklin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid88098%$29,358
Pell Grants35239%$5,004
Federal Student Loans60768%$9,722
Beginning Students (Freshmen) Financial Aid at Franklin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid253100%-
Grants or Scholarship from All Sources253100%$28,290
Federal Grants11746%$5,536
Pell Grants11746%$4,780
Other Federal Grants9738%$912
State/Local Grants13051%$7,045
Institutional Grants253100%$22,110
Student Loans20882%$10,266
Federal Student Loans20882%$8,131
Other Student Loans2510%$17,767
see more grants, scholarship, student loans, and other financial aid stats

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