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What is the average financial aid amount at inst?

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For the academic year 2022-2023, total 4 full-time, first-time students (31% 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 2,523 students (53% of all students) received grants or scholarships and the average grant amount is $5,160. In addition, 2,090 students received student loans and the average loan amount is $5,855.

Below tables show the number and amount by source of financial aid at Franklin University.
All Undergraduate Student Financial Aid at Franklin University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,52353%$5,160
Pell Grants1,58934%$3,783
Federal Student Loans2,09044%$5,855
Beginning Students (Freshmen) Financial Aid at Franklin University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid431%-
Grants or Scholarship from All Sources431%$7,398
Federal Grants323%$6,495
Pell Grants323%$6,495
Other Federal Grants00%$0
State/Local Grants323%$2,869
Institutional Grants323%$500
Student Loans323%$4,083
Federal Student Loans323%$4,083
Other Student Loans00%$0
see more grants, scholarship, student loans, and other financial aid stats

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