Number Received Financial Aid (All Undergraduate)
2,523
Percent Received Financial Aid(All Undergraduate)
53%
Average Aid Amount
$5,160
Number Received Financial Aid (Freshmen)
4
Percent Received Financial Aid (Freshmen)
31%
Financial Aid Information at Franklin
For the academic year 2021-2022, a total of 2,523 students (53% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $5,160. For freshmen (Full-time, first-time degree-seeking undergraduate students), 4 students (31% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Franklin University is $9,577, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,523 students (53% of all students) have received grants or scholarships and the average received aid amount is $5,160. 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 University for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 2,523 | 53% | $5,160 |
| Pell Grants | 1,589 | 34% | $3,783 |
| Federal Student Loans | 2,090 | 44% | $5,855 |
Beginning Students Financial Aid
a total of 4 beginning students (31% of all freshmen) have received any financial aid and 4 students (31% 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 University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 4 | 31% | - |
| Grants or Scholarship from All Sources | 4 | 31% | $7,398 |
| Federal Grants | 3 | 23% | $6,495 |
| Pell Grants | 3 | 23% | $6,495 |
| Other Federal Grants | 0 | 0% | $0 |
| State/Local Grants | 3 | 23% | $2,869 |
| Institutional Grants | 3 | 23% | $500 |
| Student Loans | 3 | 23% | $4,083 |
| Federal Student Loans | 3 | 23% | $4,083 |
| Other Student Loans | 0 | 0% | $0 |
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