Franklin's tuition & fees has increased from $28,185 (2014) to $37,350 (2024), and the rate of tuition increase is 32.52% over the past 10 years. The graduate school tuition & fees has raised from - (year 2014) to $39,864 (year 2024).
Franklin's tuition increase rate is higher than the Indiana's average increase rate of 5.96%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 34.57% from 2014 ($40,760).
For the current academic year 2023-2024, Franklin's COA is $54,850, which is increased by 5.50% from last year.
The following table and chart show changes to Franklin's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 32.52% for the last 10 years , and the 2024 tuition & fees are $37,350. The following table and chart show the tuition & fees changes at Franklin College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,300, and it has increased 8.33% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $1,200 | - |
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| 2015-16 | $1,200 | |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,200 | |
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| 2022-23 | $1,250 | 4.17% |
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| 2023-24 | $1,300 | 4.00% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 18.38% when a student lives on-campus facilities and 17.94% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Franklin College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $11,375 | $11,300 | - |
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| 2015-16 | $11,640 | $11,300 | 2.33% |
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| 2016-17 | $11,955 | $11,300 | 2.71% |
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| 2017-18 | $12,230 | $11,300 | 2.30% |
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| 2018-19 | $12,946 | $14,000 | 5.85% |
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| 2019-20 | $13,244 | $14,000 | 2.30% |
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| 2020-21 | $13,746 | $14,200 | 3.79% |
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| 2021-22 | $14,060 | $14,200 | 2.28% |
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| 2022-23 | $14,605 | $14,612 | 3.88% |
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| 2023-24 | $16,200 | $19,750 | 10.92% |
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Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Franklin College and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Franklin College | $37,350 | $36,136 | 3.36% |
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| University of Notre Dame | $62,693 | $60,301 | 3.97% |
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|
| Indiana Wesleyan University-National & Global | $9,480 | $9,432 | 0.51% |
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|
| Butler University | $45,980 | $44,460 | 3.42% |
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| University of Indianapolis | $36,136 | $34,972 | 3.33% |
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|
| Trine University-Regional/Non-Traditional Campuses | $9,576 | $9,576 | - |
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