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What is the average loan amount at inst?

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For the academic year 2022-2023, total 3 full-time, first-time students (23% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 2,090 students (44% of all students) have received federal student loans and the average loan amount is $5,855 at Franklin University.

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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