Franklin and Marshall College

Lancaster, PA

Private nonprofit small campus City: Small 1,799 undergrads

Affordability & debt

Average net price
$36,425per year, after aid
Undergraduates with a federal loan
44%
Undergraduates receiving a Pell grant
16%need-based, not repaid
Typical debt at graduation
$19,000federal loans, students who finished
Reducing their balance within 3 years
85%of borrowers who entered repayment

What that debt costs to repay. Typical debt here is about $19,000. At 7% over 10 years — the standard federal plan — that is roughly $221 a month, about $26,473 repaid in total, of which $7,473 is interest.

Stretch the same balance over 25 years and the payment drops to $134 a month — but the total climbs to $40,286, roughly $13,814 more in interest. A smaller payment is not a smaller loan.

An estimate, not financial advice: straight amortization at a fixed rate, ignoring fees, interest accrued while enrolled, and any forgiveness or income-driven plan. Figures on this page are averages and medians — what any one family borrows and pays varies widely. Try your own numbers.

Franklin and Marshall College’s net price calculator — every college is required to publish one. It is the only way to get a cost estimate based on your family’s own finances rather than an average.

Published tuition

In-state tuition
$70,794published rate
Out-of-state tuition
$70,794published rate

The sticker price before any aid. Most students pay less than this — the net price above is what aided students actually paid on average.

Admissions

Acceptance rate
28%
Average SAT
1,392of admitted students

Context for the class as a whole, not a prediction about any one applicant.

Outcomes

Median earnings
$76,12410 years after entry

Median earnings of former students who received federal aid, measured 10 years after they started.

Campus life

Campus setting
City: Small
Residential character
Highly residential — most students live on campus

Most common fields of study

  • Biological & biomedical sciences15%
  • Social sciences14%
  • Business & marketing13%
  • Physical sciences6%
  • Computer & information sciences4%
  • Health professions4%

Share of degrees awarded, by broad field.

Athletics

NCAA Division III with football

  • Baseball
  • Basketball
  • Cross Country
  • Field Hockey
  • Football
  • Golf
  • Lacrosse
  • Rowing
  • Soccer
  • Softball
  • Squash
  • Swimming
  • Tennis
  • Track and Field
  • Volleyball
  • Wrestling

What borrowing would really cost

Starting from the typical debt at Franklin and Marshall College. Change any figure to see your own.

Federal undergraduate loans have recently been near 7%. Private loans are often higher.

Standard plan — 10 years

$221per month

Total repaid
$26,473
Interest paid
$7,473

Longer term — 25 years

$134per month

Total repaid
$40,286
Interest paid
$21,286

Borrow $19,000 and repay it over 25 years instead of 10, and you pay $13,814 more — $40,286 in all, about 2.1× what you borrowed. The monthly payment is smaller; the loan is not.

An estimate, not financial advice. Straight amortization at a fixed rate: it assumes every payment is made on time and the rate never changes, and it leaves out fees, interest that accrues while you’re still enrolled, and any forgiveness or income-driven plan. Planning4College is not a financial advisor and sells no loans. Check real terms with your school’s financial aid office and studentaid.gov.

See if Franklin and Marshall College fits you

Answer a few questions and we’ll show you where it lands — reach, match, or safety — alongside schools like it.

Get your free match

Similar colleges in Pennsylvania

Data from the U.S. Department of Education’s College Scorecard and the Equity in Athletics survey. Figures reflect the most recent reporting year available and may be out of date or incomplete — confirm anything decision-critical with the college directly. Official site: Franklin and Marshall College.