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Franklin and Marshall College

Lancaster, PA · Private Nonprofit

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31.8%
Acceptance
1390
SAT
$75,512
Sticker Price
$26,954
Net Price*
$76,124
Earnings
2.6 yrs
Payback
9,231
Applicants

*Net price for families earning $48k–$75k. See all income brackets →

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What is Franklin and Marshall College's acceptance rate?

Down 3.5 percentage points since 2018

With a 31.8% acceptance rate, Franklin and Marshall College is considered very selective. The school has become increasingly competitive over the past five years. Applicants should focus on demonstrating strong academics, meaningful extracurriculars, and authentic personal essays to stand out in the applicant pool.

How many students apply to Franklin and Marshall College?

Franklin and Marshall College received 9,231 applications in 2023, up 41% since 2018. High application volume means admissions officers spend limited time per application—typically 8-15 minutes. Make every word count in your essays and ensure your application materials are error-free.

Applications
Admitted

How many admitted students enroll?

The yield rate of 19% is typical for a school of this caliber. Yield rate measures how many admitted students actually enroll—a key indicator of how desirable students find the school. Demonstrating genuine interest through campus visits, attending info sessions, and writing specific "Why Us" essays can improve your chances.

What are the most popular majors at Franklin and Marshall College?

Multi/Interdisciplinary Studies, Other leads as the most popular major at Franklin and Marshall College. Your intended major can affect admission chances—some programs are more competitive than others. Research department-specific requirements, faculty research, and career outcomes when choosing your major. Consider how your academic interests align with the school's strengths.

How have majors changed over time?

Degrees awarded by major, 2015-2023

How has tuition changed at Franklin and Marshall College?

Tuition has increased by 38% since 2015. Total cost of attendance (including fees and room & board) has grown 35% from $56,110 to $75,512.

Tuition Total Cost

How much do Franklin and Marshall College graduates earn by major?

Graduates in Economics earn among the highest salaries, with median earnings of $55,964 within two years of graduation. Earnings vary significantly by major—STEM and business fields typically offer higher starting salaries, while humanities and arts may have different career trajectories. Consider both passion and practical outcomes when choosing your field of study.

Economics $55,964
$10,046 $141,586
Business Administration, Manag... $52,733
$10,046 $141,586
Liberal Arts and Sciences, Gen... $45,852
$10,046 $141,586
Multi/Interdisciplinary Studie... $42,682
$10,046 $141,586
Political Science and Governme... $41,441
$10,046 $141,586
History $39,009
$10,046 $141,586
Public Health $38,337
$10,046 $141,586
Psychology, General $36,848
$10,046 $141,586
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Franklin and Marshall College Admissions Statistics (2018-2023)

Each row shows the admissions cycle for that academic year. Applicants is the total number of students who applied for freshman admission. Admitted shows how many received acceptance letters. Rate is the acceptance rate (admitted ÷ applicants) — lower percentages indicate more selective schools. Yield measures the percentage of admitted students who actually enrolled — a high yield (above 50%) suggests the school is a top choice for admitted students, while lower yields indicate students often choose other options. SAT shows the 25th-75th percentile range, meaning the middle 50% of enrolled students scored within this range. Data is sourced from IPEDS, the federal database where all US colleges report annually.

Year Applicants Admitted Rate Yield
2023 9,231 2,938 31.8% 18.8%
2022 8,923 3,233 36.2% 15.1%
2021 7,720 2,898 37.5% 17.6%
2020 9,062 3,308 36.5% 16.7%
2019 9,502 2,888 30.4% 21.7%
2018 6,557 2,316 35.3% 26.4%
2017 6,720 2,292 34.1% 28.1%
2016 6,953 2,529 36.4% 25.3%
2015 7,146 2,305 32.3% 25.7%

Is Franklin and Marshall College worth it?

Calculate your personal ROI

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Earnings & ROI Range (10yr)
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Optimistic (75th pct) -- --
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Estimates based on College Scorecard averages. Use official calculator →

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What do Franklin and Marshall College graduates earn?

Median Earnings (10 years)
$76,124
Earnings Range (10th - 90th percentile)
$16,900 $76,124 median $107,000

Earnings vary widely: the bottom 10% earn $16,900 while the top 10% earn $107,000. Your outcome depends heavily on major, career path, and individual circumstances.

Median Earnings (6 years)
$62,544
Median Debt
$19,000
6-Year Graduation Rate
86.0%

How much does Franklin and Marshall College cost?

The total cost of attendance at Franklin and Marshall College is approximately $75,512 per year. Remember: sticker price rarely equals actual cost. Most students receive financial aid, and net price varies significantly by family income. Use the school's Net Price Calculator for a personalized estimate before ruling out any option based on cost alone.

Tuition
$60,872
Fees
$190
Room & Board
$14,450
Total Cost of Attendance
$75,512

What You'll Actually Pay

Net price represents what families actually pay after grants and scholarships. The figures above are averages—your actual cost depends on family income, assets, and the school's aid policies. Many selective private schools are more affordable than public universities for middle and lower-income families due to generous institutional aid.

$0-30k income $13,331
$30-48k income $18,539
$48-75k income $26,954
$75-110k income $28,353
$110k+ income $48,713

Which majors pay the most?

  • Economics $55,964
  • Business Administration, Management and Operations $52,733
  • Liberal Arts and Sciences, General Studies and Humanities $45,852
  • Multi/Interdisciplinary Studies, Other $42,682
  • Political Science and Government $41,441

Who attends Franklin and Marshall College?

Franklin and Marshall College enrolls 1,911 students, with 17% from outside the United States. Women make up 53% of the student body. Campus diversity enriches the educational experience through varied perspectives and backgrounds. Consider how you'll contribute to and benefit from the campus community when crafting your application.

Total Enrollment 1,911
Retention Rate 85%
International 17%
Women 53%
Race/Ethnicity
White 58%
Hispanic 10%
Asian 5%
Black 5%

How much financial aid is available?

63% of students receive some form of financial aid at Franklin and Marshall College. About 17% receive Pell Grants, indicating support for low-income students. Apply for aid regardless of your family's income level—merit scholarships and institutional grants are available to students at various income levels. Never assume you won't qualify.

Receive Grants 63%
Avg: $51,045 free money/year
Pell Grant Recipients 17%
Federal aid for <$60k income families
Have Federal Loans 44%
Avg: $6,260
School's Own Grants 68%
Avg: $44,593 from school funds

How much do professors earn?

Faculty salaries at Franklin and Marshall College are above the national average, reflecting the school's investment in attracting and retaining talented professors. Higher faculty compensation often correlates with stronger research programs, better student mentorship, and more resources for academic departments. Look for opportunities to engage with faculty through research, office hours, and smaller seminars.

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