Overview
Franklin and Marshall College is a private, non-profit 4-year college located in Lancaster, Pennsylvania. There are currently 1,904 undergraduates at F&M and the school’s acceptance rate is 32%. The tuition at F&M is $68,380.
City
Scholarships & Financial Aid
$86,018
$46,957
$39,061
Cost Breakdown
Estimated Cost:
$86,018The sticker price at F&M is $86,018. This includes the cost of tuition and fees, room and board, books and supplies, and other miscellaneous expenses.
The cost of attendance can vary from year to year and will typically rise over your four years in college. That said, colleges will recalculate your financial aid every year to take price increases and changes in your financial situation into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at F&M would look like for you, try entering your financial information into their Net Price Calculator.
Franklin and Marshall College Financial Aid
To apply for financial aid at Franklin and Marshall College, you’ll need to submit the Free Application for Federal Student Aid (FAFSA).
The FAFSA uses financial information from the prior, prior year. That means you can submit the form even if you or your parents haven’t filed last year’s taxes.
The FAFSA code for Franklin and Marshall College is 003265.
If you are looking for more information on how to complete the FAFSA, check out Scholarships360’s How to Complete the FAFSA Guide.
Using State Grants at F&M
Pennsylvania residents considering F&M should be sure to look at Pennsylvania state grant programs. Two of the biggest educational grant programs in PA are PHEAA and TIP. PHEAA offers funding for Pennsylvania students who are enrolled at least half-time in an institution and program approved by PHEAA. Students must meet certain academic and financial criteria in order to qualify. TIP, also known as PA-TIP, offers funding to students pursuing a degree in a field that the state designates as high-demand. Here are those fields in 2024:
- Energy
- Health
- Advanced Materials and Diversified Manufacturing
- Agriculture and Food Production
Apply to these scholarships due soon
See more Pennsylvania scholarshipsPell Grants at Franklin and Marshall College
13% of students at Franklin and Marshall College receive Pell Grants.
The federal government awards Pell Grants to undergraduate students who demonstrate financial need by filling out the FAFSA. Students with a bachelor’s or professional degree are not eligible. Pell Grants do not be repaid. If you receive a Pell Grant, the award amount should remain consistent at any college you gain admission to. You can learn more about Pell Grant eligibility here.
Outside Scholarships
Students can use outside scholarships to supplement their financial aid package at F&M. Outside scholarships are awards offered by private and non-profit organizations separate from their college. To browse vetted, reliable outside scholarships, check out our popular lists:
Franklin and Marshall College Financial Aid Resources
For more information about financial aid at F&M, or for questions that are specific to your financial situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.fandm.edu/financial-aid
- Phone: 717-358-3991
Admissions
32%
Coalition Colleges
F&M is a Coalition Member College, which means they have completed a vigorous vetting process from the Coalition for College to ensure that they “provide substantial support to lower-income, under-resourced and/or first-generation students; offer responsible student financial aid; and demonstrate a commitment to student graduation.” That also means you can apply to F&M via the Coalition Application. The Coalition Application makes it easy to obtain application fee waivers if you qualify. It’s also a great way to discover other colleges that have demonstrated a strong commitment to affordability and strong student outcomes.
Is F&M test-optional?
Franklin and Marshall College is test-optional, which means that applicants are permitted, but not required, to submit their standardized test scores. If you choose not to submit your scores, admissions officers will weigh your grades, extracurriculars, essays, and interviews more heavily. If you aren’t sure whether to submit your standardized test scores, Scholarships360’s guide on whether to submit your test scores to test-optional schools can help.
What is the application deadline at F&M?
Early Decision I
Early Decision II
Regular Decision
Academics
Student/Faculty Ratio
9:1
Graduation Rate
86%
Popular Majors
Percent of Students
Multi/Interdisciplinary Studies.
26%
26% of graduates
Social Sciences
19%
19% of graduates
Biological & Biomedical Sciences
11%
11% of graduates
Business, Management, & Marketing
11%
11% of graduates
Health Professions & Related Programs
6%
6% of graduates
Mathematics
5%
5% of graduates
Physical Sciences
5%
5% of graduates
Natural Resources & Conservation
3%
3% of graduates
English Language & Literature
3%
3% of graduates
Visual & Performing Arts
2%
2% of graduates
Area, Ethnic, Cultural, & Gender Studies
2%
2% of graduates
Computer & Information Sciences
2%
2% of graduates
History
1%
1% of graduates
Languages & Literatures
1%
1% of graduates
Philosophy & Religious Studies
1%
1% of graduates
Student Body
Undergraduate Students
1,904
Pell Grant 17%
Undergrad Students Over 25 0%
Part-Time Undergrad Students 0%
Percent Male / Female 47% / 53%
Ethnic Diversity at F&M
58% White
17% International / Non-Citizen
10% Hispanic
5% Black
5% Asian / Pacific Islander
4% Multiracial
1% Unknown
Student Outcomes
Graduate Income
$76,124
Median Debt $19,000
Debt 10 years after graduation $201
Graduation Rate 86%
What is the graduation rate at Franklin and Marshall College?
86% of students who start at Franklin and Marshall College finish their degree within six years of enrolling. This is 28% more than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Franklin and Marshall College go on to earn?
The median income of students 10 years after starting at Franklin and Marshall College is $76,124. This is $25,733 more than the national median.
This data is from the College Scorecard, which only surveys students from Franklin and Marshall College who received federal financial aid.
Graduate earnings can vary widely based on many factors other than school choice. Major and career path are two important factors in how much a student goes on to earn. For more information, check out Scholarships360’s article on the average starting salary out of college.
How much do students at F&M take out in loans?
Graduates of F&M take out a median of $19,000 in federal student loans. As you make decisions about your college loans, be sure to inform yourself on the advantages and disadvantages of each loan option. Scholarships360’s guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
If you represent Franklin and Marshall College and would like to make any corrections or supplement your college profile with additional information, you can fill out our free Premium Profile questionnaire here.
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