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.
AccreditorMiddle States Commission on Higher Education
Academic CalendarSemester
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
Outcomes88
Value23
Affordability8
Selectivity91
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 PolicyNot ConsideredStandardized 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
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.
$5,50010%percentile
$11,00025%percentile
$19,000Medianpercentile
$25,78675%percentile
$28,17890%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
—
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.
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
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
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 CityLancaster, Pennsylvania
Housing
Strongly residential2,154 beds for 1,799 students
Adult Learners
0%of students are 25 or older
Athletics
NCAAathletic-conference member
Academic Calendar
Semesterscheduling 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.
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.
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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