$12,624

Tuition

N/A

Cost of Attendance

$18,684

Net Price

College Search

Franklin University Tuition and Fees

Franklin University is known for offering a wide range of undergraduate, postgraduate, and doctoral programs in a variety of streams, providing excellent training to students. Compared to the tuition fees charged at most institutions, the expense of education at FU is quite low. As per the 2020 - 2021 official information, the average cost for the undergraduate courses offered at the university adds up to about $9,577, which includes the total tuition fees and other expenses. The housing facilities, books and supplies, and other expenses cost $10,224, $1,080, and $5,210, respectively.

Total Cost of Attendance

Student typeIn-stateOut-State
Tuition & Fees$12,649$12,649
Book & Supplies$1,080$1,080
Room & Board costNANA
Other ExpensesNANA
Total Cost of AttendanceNANA

As for the cost of attending the university, students should understand that the tuition forms only a portion of the expenses that are involved in the overall cost of attendance. They must plan for several other expenses that accompany the cost of attendance such as lodging, dining, textbooks, supplies, and the cost of living, among others. For students attending the university, the total tuition and fees for one year add up to about $9,577. In addition, the students will be needed to pay an average expense of $1,080 for books and supplies, $12,569 toward room and boarding, and $5,210 for different other expenses in a year. Therefore, the estimated cost of attendance for one year at FU is around $28,436, as per the available information.

Average Net Price by Family Income

Net Price

$18,684

Family Income

Avg. Net Price

$0 to $30,000

$16,687

$30,001 to $48,000

$20,405

$48,001 to $75,000

1

$75,001 to $110,000

NA

$110,000+

$21,231

The net price of attending Franklin University is nothing but the actual amount that the students are required to pay in a year. It depends upon the annual family income of the applicant. The net cost to be borne is typically higher for candidates whose family income is comparatively higher. Simply put, the family income of the candidate is a key factor in determining the net amount. At FU, the average net price is estimated to be $12,459. Candidates whose annual family income is less than $30,000 will have to pay a net amount of $11,328. For the individuals whose income is somewhere between $30,001 and $48,000, the amount comes to $11,992. On the other hand, an estimated net cost of $11,869 is charged for the $48,001-$75,000 income bracket, $15,537 for the $75,001-$110,000 income category, and $15,695 for an annual family income more than $110,000.

Student Loans

Example Loans

$86,424

Stafford Loan Interest

4.5%

Time to Pay off Student Loan

10 years

Example monthly payment

$897

Total interest paid

$21,203

Sum of Loan Payments

$107,627

To have a realistic understanding of how much it will cost to study at Franklin University here is an example one can consider to estimate the payment amounts one will incur with a student loan. Take a loan of $86,424 for example. This will result in a $10,763 payment to be made each year. We can assume that the interest rate is 4.5% post any refinancing or consolidation activities with a 10 years repayment plan. Then the total payment made towards the loan is $107,627 which is $21,203 in addition to the principal amount, which constitutes the interest payment made throughout the life of the loan.

Undergraduate Tuition and Fees

Student typeIn-stateOut-State
Tuition & Fees$12,649$12,649
Room & Board CostN/AN/A
Total Tuition & FeesN/AN/A

At Franklin University, the estimated tuition and fees for candidates who have enrolled in undergraduate programs are $9,577 per year. They would also be required to pay around $12,569 for their room and boarding expenses. Accordingly, the overall cost for undergraduate students at the university totals about $28,436 per year, based on the available data.

Graduate Tuition and Fees

In-stateOut-State
Tuition$16,080$16,080
FeesN/AN/A

As for the students looking to enroll in postgraduate programs at FU, the tuition and fees they are charged add up to $16,080 per year. Interestingly, the students at Franklin University are not required to pay any graduation fees.

Cost Per Credit Hour

DegreeYearCost per Credit hour
Graduate2018 - 2019$670
Undergraduate2018 - 2019$526

The total program cost divided by the total number of credit hours of the program – also called cost per credit hour – that the student has to pay to attend Franklin University varies for graduate and undergraduate courses. The 2019-2020 fee structure places the cost per credit hour for graduate courses at $268 and the undergraduate cost per credit hour at $73. At present, Franklin University also offers various online programs to students across as many as 34 different majors.

Campus Housing Expenses

Housing & other expensesOn CampusOff Campus
Room & BoardN/A$14,680
Other ExpenseN/A$4,498
Book & Supplies$1,080$1,080

Now, coming to the lodging and related expenses at FU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $14,802 per year, while students have to pay $20,756 a year for off-campus housing. Besides, on-campus candidates will have to pay about $10,224 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $14,914. On the other hand, the charges toward books and supplies come to around $1,080. Aside from these, the other expenses that students should plan for add up to $4,578 for on-campus candidates and $5,842 for students who are off-campus.

Campus Housing Expenses

Housing & Other Expenses

Room & Boards

On Campus

N/A

Off Campus

$14,680

Housing & Other Expenses

Other Expenses

On Campus

N/A

Off Campus

$4,498

Housing & Other Expenses

Book & Supplies

On Campus

$1,080

Off Campus

$1,080

Now, coming to the lodging and related expenses at FU, the actual amount to be paid varies based on whether the candidate opts to live on-campus or off-campus. The on-campus logding facilities cost $14,802 per year, while students have to pay $20,756 a year for off-campus housing. Besides, on-campus candidates will have to pay about $10,224 toward room and boarding charges. On the other hand, off-campus students will be required to pay an amount of $14,914. On the other hand, the charges toward books and supplies come to around $1,080. Aside from these, the other expenses that students should plan for add up to $4,578 for on-campus candidates and $5,842 for students who are off-campus.

Online Degree Programs, Tuition and Cost Per Credit Summary

Degree TypeTotal Average TuitionAverage Tuition Per Credit
Masters $24,120 $670
Bachelors $65,224 $526
Associate $33,664 $526
Doctorate $43,384 $748

Franklin University offers 56 online programs across 14 Majors.

Projected Price for a 4 year degree

As per official data, the current projected cost for a four-year bachelor's degree, along with the living expenses, at the university is estimated to be around $140,576. To note, the total expenses for undergraduate students stood at $12,459 for 2018-2019, $18,684 for 2017-2018, and $24,779 for 2016-2017.

Explore Programs by Major

AccountingBusiness ManagementInformation TechnologyNursingPublic AdministrationComputer ScienceCriminal JusticePsychologyHealth ScienceSafetyScienceApplied ScienceDesignEducation

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