univstats

Franklin Financial Aid

Number Received Financial Aid (All Undergraduate) 866
Percent Received Financial Aid(All Undergraduate) 97%
Average Aid Amount $27,297
Number Received Financial Aid (Freshmen) 245
Percent Received Financial Aid (Freshmen) 100%

Financial Aid Information at Franklin

For the academic year 2023-2024, a total of 866 students (97% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $27,297. For freshmen (Full-time, first-time degree-seeking undergraduate students), 245 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Franklin College is $38,710, for reference.

All Undergraduate Students Financial Aid

For the academic year 2023-2024, a total of 866 students (97% of all students) have received grants or scholarships and the average received aid amount is $27,297. 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 College for all undergraduate students.
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 aid86697%$27,297
Pell Grants34539%$5,084
Federal Student Loans54961%$6,424

Beginning Students Financial Aid

a total of 245 beginning students (100% of all freshmen) have received any financial aid and 245 students (100% 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 College.
Beginning Students (Freshmen) Financial Aid at Franklin College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid245100%-
Grants or Scholarship from All Sources245100%$26,990
Federal Grants10744%$5,144
Pell Grants10744%$4,536
Other Federal Grants5221%$1,252
State/Local Grants11547%$7,206
Institutional Grants245100%$21,361
Student Loans17371%$6,889
Federal Student Loans17170%$5,161
Other Student Loans229%$14,058