Franklin and Marshall College
Lancaster, PA, USA

Tuition, Cost & Aid

Affordability and Cost

Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.

Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$27,531
Calculate your net cost
Average Net Price By Family Income
Income
Average Amount
< $30k
$9,759
$30k - $48k
$12,414
$48k - $75k
$17,632
$75k - $110k
$23,888
$110k+
$44,677
Tuition
In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution.
$56,550
Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state’s or institution’s residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school.
$56,550
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
  • (amount for on-campus room, board and other expenses * # of students living on-campus.
  • + amount for off-campus (with family) room, board and other expenses * # of students living off-campus with family
  • + amount for off-campus (not with family) room, board and other expenses * # of students living off-campus not with family)
divided by the total # of students. Students whose living arrangements are unknown are excluded from the calculation. For some institutions the # of students by living arrangement will be known, but dollar amounts will not be known. In this case the # of students with no corresponding dollar amount will be excluded from the denominator.
$14,050
Books and Supplies
$1,200
Tuition Payment Plan
Yes
Financial Aid: visit page
Financial Aid Email: [email protected]

Aid & Grants

0
100
100%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
17%
Average Aid Per Year
$43,377
Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution.
17%
Average Federal Grant Aid Per Year
$5,247
Average Institution Grant Aid Per Year
$41,295
Students receiving state aid
7%
Average State Grant Aid Per Year
$3,707
Students receiving federal aid
18%
Average Federal Grant Aid Per Year
$5,247
Average Grant & Scholarship By Family Income
Income
Average Amount
< $30k
$58,054
$30k - $48k
$55,672
$48k - $75k
$50,181
$75k - $110k
$43,925
$110k+
$23,136
Total Needs Based Scholarships/Grants Total amount of grant or scholarship aid awarded to all undergraduates from the federal government, state/local government, the institution, and other sources known to the institution.
$56,890,764
Total Non-Need-Based Scholarships/Grants
$2,362,103

Student Loans

Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
49%
Average Loan Amount Per Year
$6,447
Students receiving federal loans
44%
Average Federal Loans Per Year
$4,169
Average Other Loans Per Year
$4,817
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$19,492
Loan Default Rate
2%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$234

What Students Are Saying

4.05 Average Rating
I adored each minute - but its what you make of it. If you want to go see some woman lecturing on an obscure topic that sounds interesting to you - go! If you're friend forces you into taking salsa classes with her - why not? When she suggests trying the abs workout course next...Be prepared to hurt for a week, but go anyways! Never before or since have I had so many amazing things available to me at once. It'll be the best decision you've ever made - but you've got to be willing to make it that.
Ashley from Burlington, VT
I wish tuition was cheaper. But hey, a lot of things are built in with the prices. Printing, Meals, Furniture, Bathroom with janitors to clean for you, Laundry... its worth the money.
Kristina from Jessup, MD
Best Financial Aid Package Ever! I'm not even low-income but I am satisfied with my package. If they want you as a student, they will show you.
Cherylen from Inglewood, CA
Franklin and Marshall is really doing everything for their students thats possible. Each house has a budget for bonding activities within the house, as well as all the clubs. The classes are small and discussion-based, so you'll never feel like you could learn just from reading the textbook.
Georgianna from Frederick, MD
DEFINITELY YES!
Tram-Anh from New Holland, PA
This solely depends on how driven the individual student is. It is easy to become trapped in a bubble of ease and apathy, but the opportunities and resources on campus or through alumni are invaluable to those who work to find them. Professors and advisors are more than willing to help students get the most out of their time at F&M.
Ellen from Earlysville, VA
You can have fun all day with just $20 in your wallet. With a $3 all day bus pass or the school's free van service, the city of Lancaster is yours. Places like the skating rink or laser tag are all under $10 or you can enjoy watching our football or basketball team compete against other schools for free.
Tomilya from Miami, FL

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