| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2014 academic year.
|
| Financial aid officer: |
Elizabeth Sappenfield,
Director of Financial Aid |
| Contacting the office: |
317 738-8075
317 738-8072 (fax)
finaid@
franklincollege.edu |
| FAFSA number: |
001798 |
|
| Undergraduate tuition: |
$29,840; $29,840 out-of-state |
| Additional required fees: |
$185 |
| Book fees: |
$1,200 |
| Combined room and board expenses: |
$8,950 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | N/A | no | March 1 |
| Institution's own financial aid form | N/A | yes | N/A |
|
| Date award notification begins: |
April 1 |
| Applied for financial aid: |
 | |
| 98% | of first-year students |
| 94% | of full-time undergraduates |
| 84% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 88% | of first-year students |
| 88% | of full-time undergraduates |
| 69% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 82% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 67% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 86% | of first-year students |
| 88% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 12% | of first-year students |
| 11% | of full-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 13% | of first-year students |
| 12% | of full-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 71% | for first-year students |
| 72% | for full-time undergraduates |
| 47% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $20,900 | for first-year students |
| $21,848 | for full-time undergraduates |
| $7,019 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $17,782 | for first-year students |
| $17,676 | for full-time undergraduates |
| $5,743 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $3,605 | for first-year students |
| $4,729 | for full-time undergraduates |
| $3,191 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,454 | for first-year students |
| $4,494 | for full-time undergraduates |
| $3,138 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 14% | of first-year students |
| 16% | of full-time undergraduates |
| 16% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $14,397 | for first-year students |
| $13,353 | for full-time undergraduates |
| $6,534 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
| Percent of students who received aid that participated in Federal Work Study: |
28% |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- FFEL Subsidized Stafford Loans
- FFEL Unsubsidized Stafford Loans
- FFEL PLUS Loans
- Federal Perkins Loans
- College/University Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
80% |
| Average student debt upon graduation: |
$34,515 |
| Types of payment plans: |
|
- Tuition Management Systems
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- state scholarships/grants
- academic merit scholarships/grants
- creative arts/performance
|
|
|
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