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Rank: 124

Franklin & Marshall College

Admission has become increasingly competitive at Franklin & Marshall, a college known for the great relationships that its students have with their professors. As one of the oldest liberal arts schools in the country -- founded in Pennsylvania in 1787, the same year the Constitution was signed -- F&M has a storied intellectual history, one that its students still strive to live up to. People flock to the college's social sciences and business programs. Academics are taken seriously, in large part because the faculty makes a real effort to engage with students and because students tend to have a sense of where they want to go in the world once they graduate. It's working: Franklin & Marshall's graduation rate is higher than other schools with similar student communities, according to Money's findings. Greek life is popular, as are dramatic and artistic events on campus, especially those at the student-run late-night restaurant and club Ben's Underground. Want to venture off the grounds? From the college town of Lancaster, you can get to Philadelphia, Baltimore, and New York City by train.
CORONAVIRUS UPDATE
FALL 2020 PLAN: The academic plan involves a blended approach, in which students have a mix of remote classes, alongside in-person or virtual activities to keep students engaged with their peers. Only first-year students and those with special circumstances can live on campus.
costs
Est. Full Price 2020-2021
$74,700
% of students who get any grants
57%
Est. price for students who receive aid
$24,000
Average price for low-income students
$8,900
admissions
Acceptance rate
35%
Median SAT/ACT Score
NA/NA
SAT/ACT Required for Fall 2021?
no
Enrollment
2,300
Financial Aid
% of students with need who get grants
100%
% of need met
100%
% of students who get merit* grants
1%
Average merit grant
$20,670
student success
Graduation rate
83%
Average time to a degree
4.1 years
Average student debt
$19,810
Average salary within 5 years
$50,100
% earning more than $28,000
85%
key deadlines
Early decision application
Nov 15
Regular application
Jan 15

* Share of full-time undergraduates who had no financial need and were awarded grants.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

coronavirus update

FALL 2020 PLAN: The academic plan involves a blended approach, in which students have a mix of remote classes, alongside in-person or virtual activities to keep students engaged with their peers. Only first-year students and those with special circumstances can live on campus.

* Share of full-time undergraduates who had no financial need and were awarded grants.

* Full price of attendance includes on-campus room & board fees, which may not be applicable to all colleges' reopening plans this year.

Sources: U.S. Department of Education, Peterson's, PayScale.com, Money/American Institutes for Research calculations, Opportunity Insights.

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