BaccalaureatePrivate nonprofit

Franklin College

Franklin, Indiana·Private not-for-profit, 4-year or above·Great Lakes·franklincollege.edu
6-yr Graduation
60%
-8.0pp vs Baccalaureate
Total enrollment
985
peer median 926
Avg net price
$22,762
-$877 vs Baccalaureate
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Admissions & acceptance rate

First-time freshman admissions: how selective the college is, and how many admitted students choose to enroll.

Applied
2,609
2,609 candidates competed
Admitted
1,821
69.8% acceptance rate
Enrolled
316
17.4% yield

Graduation rate & outcomes

Completion, retention, and the equity gap between Pell and non-Pell students.

Overall completion
60%-8.0pp vs Baccalaureate
4-year graduation
57%
6-year graduation (bachelor’s)
60%
Full-time retention
73%

Pell equity

6.0pp gap
Pell recipients
59%
Non-Pell
53%

Pell recipients graduate at a higher rate than non-Pell students here — unusual and worth investigating.

Program outcomes

Federal Program Performance Data: how each program's graduate earnings and debt measure up under Financial Value Transparency and Gainful Employment.

Of 39 Title IV programs, 8 pass the federal Gainful Employment test and 0 fail. 31 have graduate earnings too small to publish, so they carry no pass/fail verdict.

Total programs
39
Passing
8
20.5% of portfolio
Failing (GE)
0
0.0% of portfolio
Fail rate
0.0%
-0.6pp vs 0.6% national

Pass / fail distribution

39programs
  • Passing8 · 20.5%
  • No Data31 · 79.5%
  • Failing0 · 0.0%

Severity spectrum

Critical
0
Severe
0
Recoverable
0
At Risk
0
Watch
0
Safe
8
No data
31

Tiers band programs by how far graduate earnings sit above or below the benchmark, from Critical (below −15%) through Safe (above +25%). No data means earnings were privacy-suppressed.

Earnings premium gap

Graduate earnings versus the federal benchmark, worst gaps first.

8
Teacher Education and Professional Development Specific Levels and Methods
Bachelor Degree · Education
+32.4%
$46,423 vs $35,051
Psychology General
Bachelor Degree · Psychology
+41.8%
$49,687 vs $35,051
Public Relations Advertising and Applied Communication
Bachelor Degree · Communication, Journalism, And Related Programs
+54.9%
$54,298 vs $35,051
Sports Kinesiology and Physical Education/Fitness
Bachelor Degree · Parks, Recreation, Leisure, And Fitness Studies
+55.9%
$54,636 vs $35,051
Sociology
Bachelor Degree · Social Sciences
+67.8%
$58,827 vs $35,051
Business Administration Management and Operations
Bachelor Degree · Business, Management, Marketing, And Related Support Services
+122.0%
$77,821 vs $35,051
Business/Commerce General
Bachelor Degree · Business, Management, Marketing, And Related Support Services
+141.1%
$84,491 vs $35,051
Finance and Financial Management Services
Bachelor Degree · Business, Management, Marketing, And Related Support Services
+142.0%
$84,829 vs $35,051

Debt vs earnings

Median completer debt against median graduate earnings, highest burden first.

6
Teacher Education and Professional Development Specific Levels and Methods
Bachelor Degree · Education
58%
$27,000 debt · $46,423 earn
Psychology General
Bachelor Degree · Psychology
54%
$27,000 debt · $49,687 earn
Public Relations Advertising and Applied Communication
Bachelor Degree · Communication, Journalism, And Related Programs
50%
$27,000 debt · $54,298 earn
Sports Kinesiology and Physical Education/Fitness
Bachelor Degree · Parks, Recreation, Leisure, And Fitness Studies
45%
$24,375 debt · $54,636 earn
Finance and Financial Management Services
Bachelor Degree · Business, Management, Marketing, And Related Support Services
31%
$26,125 debt · $84,829 earn
Business Administration Management and Operations
Bachelor Degree · Business, Management, Marketing, And Related Support Services
29%
$22,250 debt · $77,821 earn

Accreditation status & history

Who accredits the institution, current standing, and any past actions.

AccreditedInstitutional accreditor

Higher Learning Commission

Accredited since 1915Next review Aug 2030

Programmatic accreditations · 1

Action history · 2

  1. Jan 2020Renewal of Accreditation
    Higher Learning Commission
  2. Oct 2012Renewal of Accreditation
    Higher Learning Commission

Source: U.S. Dept. of Education

Tuition & cost

What families actually pay, broken down by family income.

Net price by family income

Aid exceeds costFamily pays
$0–30k$19,031
$30–48k$18,645
$48–75k$18,436
$75–110k$25,471
$110k+$28,694

Negative values mean aid exceeds the published cost of attendance for that income band.

Avg net price (private)
$22,762
-$877vs Baccalaureate median $23,639
Federal loans
61.3%
In-state tuition
$37,350
Out-of-state
$37,350

Federal aid volume & trends

Pell grants and federal Direct Loan volume disbursed to students, and how they've trended.

In AY 2024–25, 376 students received $2.2M in Pell grants, alongside $7.2M in federal Direct Loans.

Pell recipients
376
AY 2024–25
Pell disbursed
$2.2M
$2,223,172 total
Direct Loans
$7.2M
1,052 loan awards

Pell recipients · 5-year trend

0k
20
0k
21
0k
22
0k
23
0k
24

Loan volume by type · AY 2024–25

Subsidized$1.6M
393 loan awards
Unsubsidized · UG$1.4M
446 loan awards
Unsubsidized · Grad$1.1M
47 loan awards
Parent PLUS$1.9M
120 loan awards
Grad PLUS$1.2M
46 loan awards

Loan awards count each loan type a student holds, not unique borrowers; one student may carry several (e.g. subsidized and unsubsidized), so the per-type figures are the reliable detail.

Source: U.S. Dept. of Education

Student loan default rate

The share of student borrowers who default on federal loans within three years, against the national benchmark.

Of 319 borrowers who entered repayment, 6 (1.8%) defaulted within three years below the 2.3% national rate.

Default rate
1.8%
-0.5pp vs 2.3% national
Borrowers in repayment
319
Defaulted
6
Measurement window
3 years
Federal CDR standard

Default rate vs national, by cohort

2016
5.2%
2017
6.7%
2018
5.0%
2019
1.8%
2020*
0.0%
This institutionNational rate

* Cohorts 2020 and later read near 0% because the federal COVID-19 payment pause (CARES Act) suspended defaults nationwide. These years reflect a national policy, not institutional performance; the 2019 cohort is the last measured under normal repayment.

Source: U.S. Dept. of Education

Academic programs at Franklin College

Top program areas ranked by completions.

Distinct CIP programs47
UndergraduateOffered
GraduateOffered

Top program families by completions

211 total completions
01Business
4621.8%
02Health Professions
2712.8%
03Communication
2411.4%
04Psychology
2110.0%
05Parks/Recreation
209.5%
06Biological Sciences
199.0%
07Visual/Performing Arts
157.1%
08Computer Sciences
146.6%
09Education
146.6%
10Social Sciences
115.2%

Enrollment trends & demographics

Fall headcount, 12-month unduplicated enrollment, and student body composition.

Fall total
985
12-mo unduplicated
1,000
Undergraduate
922
Graduate
78

Gender split

Men
51%514
Women
49%486

Race / ethnicity composition

White
79.7%
Black
7.1%
Hispanic
5.7%
Two or more
4.0%
Asian
1.5%
Non-resident
1.1%
Unknown
0.7%
American Indian / Alaska Native
0.1%

Athletics & Title IX gender equity

How athletic participation, aid, and spending are split between men and women.

Athletes
437
282 M · 155 W
Women athletes
35.5%
Athletic aid
$0
Total student aid
Budget
$2.5M
Total expenses

Men vs women · spending splits

Athletic student aid
$0
$0
Recruiting expense
$15K
$6K
Head-coach salaries
$34K
$24K
Men Women

Sport-by-sport · 11

Track and Field and Cross Country (combined)
88 M · 55 W
$161K
Football
113 M ·
$395K
Soccer
31 M · 25 W
$170K
Basketball
30 M · 24 W
$255K
Baseball
41 M ·
$206K
Swimming and Diving (combined)
16 M · 20 W
$205K

Source: U.S. Dept. of Education

Campus safety & crime statistics

Reported on-campus crimes over the last three years, including violence and hate crimes.

Criminal offenses · per 1,000 students
10.43
10 offenses · 959 students

3-year trend

11.072 yrs ago15.591 yr ago10.43Latest
Offenses · 3-yr
36
Last three years
VAWA · 3-yr
3
DV, dating, stalking
Hate crimes · 3-yr
1
Res-hall fires · 3-yr
0

Criminal offenses by type

Fondling
6
Rape
2
Burglary
2

By location

10total
  • On campus8
  • Non-campus2

Includes 5 in residence halls (a subset of on-campus, not added to the total).

VAWA offenses

0
Domestic violence
1
Dating violence
0
Stalking
1 total under the Violence Against Women Act.

Hate crimes by bias

  • Race1

Arrests vs disciplinary referrals

CategoryArrestsReferrals
Weapons01
Drugs06
Liquor018

Residence-hall fires

No residence-hall fires reported.

Source: U.S. Dept. of Education

Student-faculty ratio

Student-to-faculty ratio and instructional staff counts.

Student-to-faculty
12.0:1
Instructional staff (full-time equivalent)
73

Franklin College vs Peer comparison

The peer institutions Franklin College selected for federal comparison reporting.

GraduationRetentionSelectivityEnrollmentAffordabilityYield
This institutionPeer median

A larger shape on any axis means this institution outperforms its peers on that dimension. For acceptance rate and net price, lower raw values are inverted so "more selective" and "more affordable" appear larger.

Carnegie
SubjectFranklin College
60%985$22,762Baccalaureate
Wabash College
77%63.3%866$21,906Baccalaureate
Earlham College
69%73.1%753$24,516Baccalaureate
Hanover College
67%83.7%1,243$21,826Baccalaureate
Saint Mary's College
69%76.0%1,601$28,552Baccalaureate
Holy Cross College
45%75.2%661$26,470Baccalaureate
Peer group median68%75.2%926$23,639

Frequently asked questions about Franklin College

Quick answers to the questions most often asked about Franklin College.

What is the graduation rate at Franklin College?

Franklin College reports a 6-year graduation rate of 60% per the latest IPEDS.

How many students attend Franklin College?

Franklin College reports a total enrollment of 985 students per the latest IPEDS.

What is the average net price at Franklin College?

The average net price at Franklin College is $22,762 per the latest College Scorecard. Net price is the published cost of attendance minus grant aid.

What is the yield rate at Franklin College?

Franklin College's yield rate is 17.4%, the share of admitted students who enrolled, per the latest IPEDS.

Where is Franklin College located?

Franklin College is located in Franklin, Indiana 46131-2623.

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