Private Nonprofit Bachelor's Good 67/100

Franklin and Marshall College

See admissions data, costs, student outcomes, and academic programs, all verified from official US government sources.

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Lancaster, Pennsylvania

About Franklin and Marshall College

Franklin and Marshall College is a private nonprofit institution offering bachelor's degrees based in Lancaster, Pennsylvania. It enrolls 1,799 students (a mid-sized student body), according to IPEDS 2023-24 data. Below you'll find verified data on admissions, cost, student outcomes, programs offered, and what graduates typically earn, all pulled from the U.S. Department of Education's College Scorecard and IPEDS.

Acceptance
28.2%
Graduation
85.9%
Net Price
$36,425
Median Earnings (10yr)
$76,124
Enrollment
1,799
Student : Faculty
9:1

Accreditor Middle States Commission on Higher Education
Academic Calendar Semester

How It Measures Up

US College Data scores each college on four pillars (outcomes, value, affordability, and selectivity) on a 0–100 scale, ranked within its peer group (4-Year Selective). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.

Good
67/100
UCD Score · 4-Year Selective
Outcomes 88
Value 23
Affordability 8
Selectivity 91

Admissions & Acceptance Rate

With an acceptance rate of 28.2%, Franklin and Marshall College is a selective institution.

Acceptance Rate
28.2%
Selective
SAT Range (25th–75th)
1310 – 1463
Reading + Math combined
ACT Range (25th–75th)
30 – 33
Cumulative composite
Test Policy Not Considered Standardized test scores are not used in admissions decisions.

5-Year Admission Trend

Acceptance rate over the last five admission cycles. The trend tells you whether Franklin and Marshall College is getting harder, easier, or staying about the same.

Stable 1.4 pts since 2019
30.4%201936.5%202037.5%202136.2%202231.8%2023

Cost & Financial Aid

The real cost of attending Franklin and Marshall College isn't the sticker price. It's the net price,which is what most students actually pay after grants and scholarships. According to College Scorecard 2023-24 data, the average net price is $36,425 per year. That's above the typical net price for private nonprofit colleges nationally.

Average Net Price
$36,425
Per year, after typical aid
Receive Pell Grants
16%
Need-based federal aid
Receive Federal Loans
44%
Borrowing to attend

Full Cost Breakdown

Published cost of attendance, the sticker price before grants and scholarships. Most students underestimate room & board and other expenses.

Tuition & Fees
$70,794
Room & Board (on-campus)
$16,188
Room & Board (off-campus)
$16,188
Books & Supplies
$800
Other Expenses (on-campus)
$1,350
Other Expenses (off-campus)
$1,350
Total Cost of Attendance
$85,776

Application fee: $60 (one-time, due at submission)


Net Price by Family Income

Aid is need-based, so net price varies by family income. Here's what each bracket typically pays after grants and scholarships.

  • Under $30,000
    $12,321
  • $30,001 – $48,000
    $16,942
  • $48,001 – $75,000
    $16,245
  • $75,001 – $110,000
    $25,104
  • Over $110,000
    $49,996

Debt at Graduation

Cumulative federal-loan debt across the full borrowing distribution. The 10th and 90th percentiles bracket the typical range; the median sits in the middle.

$5,500
10% percentile
$11,000
25% percentile
$19,000
Median percentile
$25,786
75% percentile
$28,178
90% percentile

Median Debt by Student Type

Median federal-loan debt at graduation broken down by demographic. Each slice's size is proportional to the dollar amount that group typically borrows.

GroupDebtvs Median
Pell recipients $19,000
No Pell $19,000
Female students $19,000
Male students $19,000
Pell recipients: 25.0% (4,750 students)No Pell: 25.0% (4,750 students)Female students: 25.0% (4,750 students)Male students: 25.0% (4,750 students)Overall Median$19,000
Worth knowing: Students who don't finish leave with a median debt of $8,000, less than completers ($19,000), but still a meaningful obligation without a degree in hand.

Graduation Rate & Retention

86% of full-time students who enrolled at Franklin and Marshall College graduate within six years, and 88% return for their second year, per IPEDS 2023-24 completion data.

6-Year Graduation Rate
86%
Of students who graduate within six years
First-Year Retention
88%
Returning for their second year
What this means: Strong completion signals. Most students who start, finish.

After Graduation: Earnings & Outcomes

According to College Scorecard 2023-24 data, students who entered Franklin and Marshall College earn a median of $76,124 ten years after first enrolling. That's above the national median for U.S. colleges.

Median Earnings (10 yrs)
$76,124
Earning > $25K
90%
10 yrs after entry

Earnings Growth After Graduation

Median annual earnings 6, 8, and 10 years after students first enrolled.

$61,000$65,000$69,000$74,000$78,0006 yrs8 yrs10 yrs

Earnings by Demographic

Mean annual earnings 10 years after entry, segmented by demographic. Reveals gaps the headline median can't show.

By Gender

Female graduates
$61,400

Median earnings for female grads ten years after first enrolling here.

Male graduates
$75,400

Median earnings for male grads ten years after first enrolling here.

The gender gap: Male graduates earn $14,000, about 19% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.

Loan Repayment Progression

Share of completer-cohort borrowers paying down at least $1 of principal at the 1-, 3-, 5-, and 7-year mark. Climbing rates show graduates settling into careers and managing debt; flat or declining rates are a warning.

Climbing: graduates increasingly paying down debt 6.1 pts across 6 years
88.3%1yr89.8%3yr94.8%5yr94.3%7yr
What this signals: Excellent. 94% of graduates were paying down at least $1 of principal seven years out.

Who Studies Here

Franklin and Marshall College is home to 1,799 students, a mid-sized community.

Total Enrolled
1,799
Part-Time
0%
First-Generation
19%

Race & Ethnicity Breakdown

Undergraduate student body composition reported to the US Department of Education.

GroupShareStudents
White 59.1% 1,063
International 17.0% 306
Hispanic 9.2% 165
Asian 5.5% 98
Black 4.8% 87
Other 3.7% 67
White: 59.1% (1,063 students)International: 17.0% (306 students)Hispanic: 9.2% (165 students)Asian: 5.5% (98 students)Black: 4.8% (87 students)Other: 3.7% (67 students)Total1,799

Student Life & Campus Culture

Where students live, learn, and connect at Franklin and Marshall College. The campus setting, housing profile, and signals that shape day-to-day life here.

Setting
Small City Lancaster, Pennsylvania
Housing
Strongly residential 2,154 beds for 1,799 students
Adult Learners
0% of students are 25 or older
Athletics
NCAA athletic-conference member
Academic Calendar
Semester scheduling structure

What You Can Study

Franklin and Marshall College offers a varied set of programs: 35 distinct programs across 15 majors. Below are its strongest majors, each with flagship programs and typical earnings. Open a major to explore it in depth, or browse the full program catalog.

4 Programs
4 Programs
1 Program
1 Program
1 Program
4 Programs
2 Programs

Faculty & Resources

The student-to-faculty ratio at Franklin and Marshall College is 9:1, low (small classes, more faculty contact).

Student : Faculty
9:1
Students per instructional faculty member
Endowment
$625M
Solid financial position
Avg Faculty Salary
$103,038
9-month equivalent across all ranks

Faculty by Rank

180 instructional faculty across 4 ranks. The rank mix shows how many senior faculty are teaching versus contingent or junior staff, with average salary equated to a 9-month contract.

Rank Faculty Count Share Avg Salary
Full Professors 76 42% $121,560
Associate Professors 71 39% $97,594
Assistant Professors 32 18% $82,180
Instructors 1 1% $68,520

Pros & Cons of Franklin and Marshall College

A quick at-a-glance summary of how Franklin and Marshall College tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.

PROS
  • Small classes (low student-faculty ratio)
  • Strong six-year graduation rate
  • Strong first-year retention
  • Above-average post-graduation earnings
CONS
  • High net price compared to most US colleges
  • Selective admissions, solid academic profile expected
  • Very high published cost of attendance (full-pay families pay much more than the net-price average)
  • Predominantly serves middle- and upper-income families
  • No graduate programs offered at this institution
Best for: Based on the data, Franklin and Marshall College is a fit for students prioritizing post-graduation earnings.

Frequently Asked Questions about Franklin and Marshall College

Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Franklin and Marshall College.

Is Franklin and Marshall College hard to get into?
Franklin and Marshall College is highly selective. Its acceptance rate is 28.2%, so admitted students generally have strong grades, competitive test scores, and a well-rounded application.
What is the acceptance rate at Franklin and Marshall College?
Franklin and Marshall College has an acceptance rate of 28.2%, according to College Scorecard 2023-24 admissions data.
What SAT score do you need for Franklin and Marshall College?
The middle 50% of admitted students at Franklin and Marshall College scored between 1310 and 1463 on the SAT (Reading + Math combined). Scores at the higher end of that range improve admissions odds materially. Per IPEDS 2023-24 data.
What ACT score do you need for Franklin and Marshall College?
The middle 50% of admitted students at Franklin and Marshall College scored between 30 and 33 on the ACT composite. Scores in the upper half of that range strengthen an application. Source: IPEDS 2023-24.
How much does Franklin and Marshall College cost?
The average net price after aid at Franklin and Marshall College is $36,425 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Franklin and Marshall College worth it?
Moderate return on investment. Graduates earn a median of $76,124 ten years after entering, against an average net price of $36,425 per year. That's roughly 2.1x earnings-to-cost. Source: College Scorecard 2023-24.
What is Franklin and Marshall College known for?
Franklin and Marshall College is best known for its programs in Multi/Interdisciplinary Studies, Business Administration, Behavioral Sciences. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Franklin and Marshall College graduates earn?
Median earnings 10 years after entering Franklin and Marshall College are $76,124, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
Is Franklin and Marshall College accredited?
Yes. Franklin and Marshall College is accredited by the Middle States Commission on Higher Education.
How many students attend Franklin and Marshall College?
Franklin and Marshall College enrolls 1,799 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Franklin and Marshall College?
Franklin and Marshall College graduates 86% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Franklin and Marshall College a public or private college?
Franklin and Marshall College is a Private Nonprofit institution.
Where is Franklin and Marshall College located?
Franklin and Marshall College is located in Lancaster, Pennsylvania.
What programs does Franklin and Marshall College offer?
Franklin and Marshall College offers 35 distinct programs. The most popular include Multi/Interdisciplinary Studies, Business Administration, Behavioral Sciences.
What is the student-to-faculty ratio at Franklin and Marshall College?
The student-to-faculty ratio at Franklin and Marshall College is 9:1, per IPEDS 2023-24 data.

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