Franklin University is a private nonprofit institution offering graduate degrees based in Columbus, Ohio. It enrolls 5,562 students (a large 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.
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 Open / Online). Scores are calculated from verified College Scorecard and IPEDS data, not opinion or paid placement. Where data is missing, that pillar isn't scored.
Fair
45/100
UCD Score · 4-Year Open / Online
Outcomes9
Value28
Affordability33
Selectivity—
Admissions & Acceptance Rate
Admissions data is not yet reported for Franklin University.
Acceptance Rate
—
SAT Range (25th–75th)
—
Not reported
ACT Range (25th–75th)
—
Not reported
Cost & Financial Aid
The real cost of attending Franklin University 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 $25,243 per year. That's in line with the typical net price for private nonprofit colleges nationally.
Average Net Price
$25,243
Per year, after typical aid
Receive Pell Grants
37%
Need-based federal aid
Receive Federal Loans
41%
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
$9,577
Room & Board (off-campus)
$16,740
Books & Supplies
$552
Other Expenses (off-campus)
$6,264
Total Cost of Attendance
$30,696
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
$24,968
$30,001 – $48,000
$25,876
$48,001 – $75,000
$24,690
$75,001 – $110,000
$25,389
Over $110,000
$29,964
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.
$3,50110%percentile
$7,00025%percentile
$20,836Medianpercentile
$26,26475%percentile
$37,50090%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 $15,500
↓ $5,336
No Pell $12,500
↓ $8,336
Dependent students $11,000
↓ $9,836
Independent students $16,619
↓ $4,217
Female students $15,250
↓ $5,586
Male students $12,500
↓ $8,336
Worth knowing:
Students who don't finish leave with a median debt of $10,874, less than completers ($20,836), but still a meaningful obligation without a degree in hand.
Graduation Rate & Retention
36% of full-time students who enrolled at Franklin University graduate within six years, and 40% return for their second year, per IPEDS 2023-24 completion data.
6-Year Graduation Rate
36%
Of students who graduate within six years
First-Year Retention
40%
Returning for their second year
What this means:
Lower than typical completion. Worth asking the school how they support students who fall behind.
After Graduation: Earnings & Outcomes
According to College Scorecard 2023-24 data, students who entered Franklin University earn a median of $51,892 ten years after first enrolling. That's close to the national median for U.S. colleges.
Median Earnings (10 yrs)
$51,892
Earning > $25K
75%
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
$47,900
Median earnings for female grads ten years after first enrolling here.
Male graduates
$63,400
Median earnings for male grads ten years after first enrolling here.
By Family Income at Entry
Family income (lowest third)
$44,000
Earnings of grads from the bottom-third of family incomes at entry.
Family income (middle third)
$56,600
Earnings of grads from the middle-third of family incomes at entry.
Family income (highest third)
$66,000
Earnings of grads from the top-third of family incomes at entry.
The gender gap:
Male graduates earn $15,500, about 24% more than female graduates ten years out. The gap reflects industry mix, role choice, and structural pay differences that exist across most US colleges.
What this means:
Moderate return on investment. Every dollar of net annual cost is matched by ~$2.1 of median earnings 10 years out. Compare carefully against your funding plan.
Who Studies Here
Franklin University is home to 5,562 students, a large student community. Some distinctive traits: 50% are first-generation college students, 60% study part-time.
Total Enrolled
5,562
Part-Time
60%
First-Generation
50%
Race & Ethnicity Breakdown
Undergraduate student body composition reported to the US Department of Education.
GroupShareStudents
White 53.2%2,960
Black 20.2%1,122
Hispanic 7.8%433
Other 4.4%242
Asian 2.1%118
International 0.1%6
Student Life & Campus Culture
Where students live, learn, and connect at Franklin University. The campus setting, housing profile, and signals that shape day-to-day life here.
Setting
Large CityColumbus, Ohio
Housing
Commuter campusNo on-campus housing
Adult Learners
73%of students are 25 or older
Athletics
NAIAathletic-conference member
Academic Calendar
Trimesterscheduling structure
What You Can Study
Franklin University offers
an extensive catalog of programs:
55 distinct programs across
11 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 University is 16:1, close to the national average.
Student : Faculty
16:1
Students per instructional faculty member
Endowment
$108M
Solid financial position
Avg Faculty Salary
$90,545
9-month equivalent across all ranks
Faculty by Rank
66 instructional faculty across 1 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
No Rank
66
100%
$90,545
Pros & Cons of Franklin University
A quick at-a-glance summary of how Franklin University tends to stack up for prospective students,weighing its data, size, setting, and cost profile together.
PROS
Reasonable class sizes
Solid post-graduation earnings
First-gen-friendly student body
Flexible part-time enrollment options
CONS
Above-average net price
Low completion rate, many students don't graduate within six years
First-year retention is below typical
Mostly part-time student body, less full-time campus feel
Best for:
Based on the data, Franklin University is a fit for
working adults or students needing part-time study options.
Frequently Asked Questions about Franklin University
Quick answers to the questions most students and parents ask. Every answer below is calculated from verified government data about Franklin University.
How much does Franklin University cost?
The average net price after aid at Franklin University is $25,243 per year, this is what students typically pay after grants and scholarships are applied. Net price data: College Scorecard 2023-24.
Is Franklin University worth it?
Moderate return on investment. Graduates earn a median of $51,892 ten years after entering, against an average net price of $25,243 per year. That's roughly 2.1x earnings-to-cost. Source: College Scorecard 2023-24.
What is Franklin University known for?
Franklin University is best known for its programs in Business Administration, Business Administration, Accounting. These are the most popular fields by completed degrees, per IPEDS 2023-24 completion data.
What do Franklin University graduates earn?
Median earnings 10 years after entering Franklin University are $51,892, based on College Scorecard 2023-24 federal earnings data for Title IV recipients.
Is Franklin University accredited?
Yes. Franklin University is accredited by the Higher Learning Commission.
How many students attend Franklin University?
Franklin University enrolls 5,562 students, per IPEDS 2023-24 fall enrollment data.
What is the graduation rate at Franklin University?
Franklin University graduates 36% of full-time students within six years, per IPEDS 2023-24 completion data.
Is Franklin University a public or private college?
Franklin University is a Private Nonprofit institution.
Where is Franklin University located?
Franklin University is located in Columbus, Ohio.
What programs does Franklin University offer?
Franklin University offers 55 distinct programs. The most popular include Business Administration, Business Administration, Accounting.
What is the student-to-faculty ratio at Franklin University?
The student-to-faculty ratio at Franklin University is 16:1, per IPEDS 2023-24 data.
Related Colleges in Ohio
Other colleges in Ohio share the same applicant pool, regional economy, and academic landscape. Comparing nearby options puts admissions, costs, and outcomes in context, useful when weighing your fit against local alternatives.
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Kinesiology
Teacher Education (K-12)
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