Cost of Attendance
Franklin College is a prominent educational institution known for offering a range of undergraduate and postgraduate programs in a wide assortment of streams, providing quality training to students. The tuition fees charged at FC is quite moderate compared to the expense of education at most institutions. The average annual cost for students opting to pursue undergraduate programs at the college is estimated to be around $32,970, based on 2020 - 2021 official information. This amount includes the total tuition fees as well as other expenses. The housing facilities, books and supplies, and other expenses cost $10,244, $1,200, and $3,900, respectively.
As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. What's more, at Franklin College, the total tuition and fees for the enrolled students come out to be around $32,970 in a year. In addition, the students will be needed to pay an average expense of $1,200 for books and supplies, $9,722 toward room and boarding, and $3,900 for different other expenses in a year. Hence, based on this information, the overall cost of attending the college adds up to around $47,792 per year.
Avg. Net Price
$0 to $30,000
$30,001 to $48,000
$48,001 to $75,000
$75,001 to $110,000
The net cost of attending Franklin College – the actual amount that students and their families are required to pay in a given year – varies depending on the candidate's annual family income. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. So, it all essentially depends on the family income bracket of the student. At FC, the average net price is estimated to be around $22,904. The net price for students with an annual family income below $30,000 is reported to be around $15,541. For the individuals who come under the $30,001-$48,000 income category, the net cost is $16,814. On the other hand, an estimated net cost of $21,730 is charged for the $48,001-$75,000 income bracket, $24,591 for the $75,001-$110,000 income category, and $28,588 for an annual family income more than $110,000.
Stafford Loan Interest
Time to Pay off Student Loan
Example monthly payment
Total interest paid
Sum of Loan Payments
To have a realistic understanding of how much it will cost to study at Franklin College
here is an example one can consider to estimate the payment amounts one will incur with a student loan.
Take a loan of $77,064
for example. This will result in a
payment to be made each year.
We can assume that the interest rate is
post any refinancing or consolidation activities with a
Then the total payment made towards the loan is
in addition to the principal amount, which constitutes the interest
payment made throughout the life of the loan.
At Franklin College, the tuition and fees for students who are pursuing undergraduate courses are estimated to be around $32,970 in a year. They would also be required to pay around $9,722 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the college totals about $47,792 per year, based on the available data.
Moving on to the tuition and fees charged for students who wish to join postgraduate programs offered at FC, the amount stands at $38,571 per year. Of this amount, $38,371 accounts for the graduate tuition and the remaining $200 for the graduation fees.
The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Franklin College varies for graduate and undergraduate courses. The cost per credit hour for graduate degrees sits at $642, while that of undergraduate degrees is $253, as per the 2019-2020 fee structure. At present, Franklin College also offers various online programs to students across as many as 55 different majors.
As far as the housing and related charges at FC are concerned, these expenses vary depending on whether the candidate chooses to live on-campus or off-campus. Students have to pay $13,244 per year for on-campus housing and $14,000 a year for off-campus lodging facilities. The room and boarding charges for on-campus students come to around $10,244, while the off-campus candidates would need to pay $9,200. In addition to that, the candidates will have to pay an amount of about $1,200 for books and supplies. Meanwhile, the other expenses that one needs to plan for add up to $3,000 for on-campus students and $4,800 for off-campus students.
Housing & Other Expenses
Room & Boards
Book & Supplies
A four-year undergraduate course as well as living expenses at FC are projected to cost around $240,523 as per official data. In comparison, the total expenses for undergraduate students stood at $22,904 for 2018-2019, $22,245 for 2017-2018, and $22,408 for 2016-2017.
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