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Overall Score: 72.84

Franklin & Marshall College

Lancaster, PA
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.


Est. full price 2022-2023
% of students who get any grants
Est. price for students who receive aid
Average price for low-income students


Acceptance rate
Median SAT/ACT score
SAT/ACT required?
Undergraduate enrollment

Financial Aid

% of students with need who get grants
% of need met
% of students who get merit grants
Average merit grant

Student Success

Graduation rate
Average time to a degree
4.1 years
Median student debt
Early career earnings
% earning more than a high school grad

Notes: Students who get merit grants are full-time undergraduates who had no financial need and were awarded grants. Graduation rate measures degree completion within six years for both transfer students and first-time students. Early career earnings are the median earnings for both graduates and non-completers, 10 years after they first enrolled.

Sources: U.S. Department of Education, Peterson’s, Money/Witlytic calculations.

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