As one of the oldest liberal arts schools in the country, Franklin & Marshall has a storied history. The Pennsylvania college was founded – thanks to a donation from Benjamin Franklin – in 1787, the same year the Constitution was signed. At the time, it stood out for offering bilingual education (English and German) and was one of the only schools educating both men and women. Today, it stands out in part for its commitment to fostering strong relationships between students and professors. Nearly two-thirds of students conduct research or participate in another type of one-on-one educational experience under the guidance of a faculty mentor. Students flock to the college's social sciences, biology and business programs, or many choose to create their own interdisciplinary major. About 82% of students graduate within six years, which is slightly higher than expected based on schools with similar student communities, according to a Money analysis of graduation rates. 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.
Costs
- Est. full price 2022-2023
- $80,200
- % of students who get any grants
- 63%
- Est. price for students who receive aid
- $29,600
- Average price for low-income students
- $14,020
Admissions
- Acceptance rate
- 30%
- Median SAT/ACT score
- NA/NA
- SAT/ACT required?
- No
- Undergraduate enrollment
- 2,310
Financial Aid
- % of students with need who get grants
- 100%
- % of need met
- 100%
- % of students who get merit grants
- 1%
- Average merit grant
- $10,290
Student Success
- Graduation rate
- 83%
- Average time to a degree
- 4.1 years
- Median student debt
- $19,500
- Early career earnings
- $72,230
- % earning more than a high school grad
- 79%