Cost of college went up for all students at Franklin University


Tuition and fees rose 3.3 percent for 2018-19 at Franklin University, according to recent data from the U.S. Department of Education.

Ohio students paid $12,649 to attend the four-year private not-for-profit institution this year – $408 more than the $12,241 charged for 2017-18.

Data shows 86 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 6 students received grants or scholarships totaling $37,782 and 5 students took out student loans totaling more than $29,283.

Including all undergraduates (4,970), 1,628 students used grants or scholarships totaling $9.1 million, and 2,030 students took out $19.7 million in federal student loans.

The cost of attending
Enrollment
2015-16
2016-17
2017-18
2018-19
Change in tuition and fees 2015-16 to 2018-19
In-state
~4,572
$11,641
$11,881
$12,241
$12,649
8.7%

Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Franklin University in 2015-16.
Type of Aid
Number of students receiving aid
Percent receiving aid
Total amount of aid received
Average amount of aid per student
Federal grants
5
71%
$22,816
$4,563
State / local grant or scholarship
3
43%
$9,216
$3,072
Institutional grants or scholarships
-
29%
-
-
Grant or scholarship aid total
6
86%
$37,782
$6,297
Federal student loans
5
71%
$29,283
$5,857
Other student loans
0
0%
$0
-
Student loan aid
5
71%
$29,283
$5,857
Total student aid
6
86%
-
-

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