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EarningsPlus
Economic score
Franklin and Marshall College is a private liberal arts college located in Lancaster, Pennsylvania. Franklin and Marshall College is selective in their admissions.
Return on educational investment at Franklin and Marshall College is in the top 25% of all ranked schools. The median student earns $72,227 10 years after enrolling, 11th in Pennsylvania, and in the top 10% nationally. When adjusted for earning differences by major, Franklin and Marshall College bachelor students earn 10% more than the national average. Franklin and Marshall College is ranked 12th in Pennsylvania.
Franklin and Marshall College’s median net annual cost of $30,911 and average years to graduate of 4.2 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Franklin and Marshall College sorted by number of graduates - Multi/Interdisciplinary Studies, Other, Business Administration, Economics, Biology, Poli Sci/Government, Public Health - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$30,911
Average years to graduate
4.2
Romance Language & Linguistics
Rank: #78
Economic score: 5.77
Sociology
Rank: #190
Economic score: 6.36
History
Rank: #239
Economic score: 8.48
Natural Resource Conservation
Rank: #163
Economic score: 11.37
Anthropology
Rank: #149
Economic score: 273.74
English Language & Lit
Rank: -
When a school's graduation rate falls in the bottom 25% in the country, we do not display an economic ranking.
Economic score: 667.8
Rhetoric & Composition
Rank: #83
Economic score: 1491.77
The average full-time graduate completes their degree in 4.2 years. 85% of all students graduate within 8 years including part-time students. The graduation rate at Franklin and Marshall College is 18% higher than the state average, and 16% above the average for all liberal arts colleges in the country.
At Franklin and Marshall College, Pell Grant recipients represent 21% of the measured graduating class, 14% lower than the national average of 35%. The average Pell Grant recipient at Franklin and Marshall College graduates within 4.3 years.
Franklin and Marshall College is in the top 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Franklin and Marshall College’s economic mobility score of 18.09 is calculated by adjusting the 1.4 economic score of lower-income students by the 21% pell grant recipients within the student body. Franklin and Marshall College’s EMS of 18.09 ranks in the top 50% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 50%
The average Title IV recipient at Franklin and Marshall College pays $30,911 a year, $47,071 less than the $77,982 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $30,911
Much of the gap between net price and sticker price is filled by institutional and government grants. At Franklin and Marshall College, 62% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $30,911 on average to be covered by the student – be it through loans or out of pocket. In total, 55% of students take out loans, federal or private, at an average amount of $6,992. This is 1% more than the national average.
Federal grants
$4,947
Pell grants
$5,012
State grants
$3,739
Institutional grants
$47,175
Franklin and Marshall College's selective admissions are indicated by their 38% acceptance rate. In 2021, the school had 7,720 applicants, of which 2,898 were admitted and 510 enrolled. Franklin and Marshall College doesn't have a rolling admissions policy, which means applications are reviewed after a hard admissions deadline.
Franklin and Marshall College does not consider standardized testing in their admissions process.
Full time
100%
83%
Female
57%
59%
First time
94%
59%
In-state
25%
68%
1st generation
19%
35%
White
56%
52%
Black
7%
14%
Hispanic
11%
15%
Asian
4%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
21%
12%