Franklin University
Add ComparisonFranklin University is a higher education institution located in Franklin County, OH. N/A
The median undergraduate tuition at Franklin University is $9,552, which is $−5,612 less than the national average for Special Focus Institutions ($15,164).
In 2023, the median undergraduate tuition at Franklin University is $9,552, which is $5,612 less than the national average for Special Focus Institutions ($15,164).
After taking grants and loans into account, the average net price for students is $22,252.
In 2023, 59% of undergraduate students attending Franklin University received financial aid through grants. Comparatively, 39% of undergraduate students received financial aid through loans.
In 2023, the cost of tuition at Franklin University was $9,552. The cost of tuition at Franklin University is $−5,612 less than than the overall (public and private) national average for Special Focus Institutions ($15,164).
This chart compares the tuition costs of Franklin University (in red) with those of other similar universities.
In 2023 Franklin University had an average net price — the price paid after factoring in grants and loans — of $22,252. Between 2022 and 2023, the average net price of Franklin University grew by 17.2%.
This chart compares the average net price of Franklin University (in red) with that of other similar universities.
Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.
59% of undergraduate students at Franklin University received financial aid through grants or loans in 2023. This represents a growth of 11.3% with respect to 2022, when 53% of undergraduate students received financial aid.
This chart compares the average award discount at Franklin University (in red) with that of other similar universities.
The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.
Franklin University had a total enrollment of 8,697 students in 2023. The full-time enrollment at Franklin University is 3,687 students and the part-time enrollment is 5,010. This means that 42.4% of students enrolled at Franklin University are enrolled full-time.
The enrolled student population at Franklin University, both undergraduate and graduate, is 53.6% White, 19.6% Black or African American, 7.16% Hispanic or Latino, 3.3% Asian, 3.21% Two or More Races, 0.655% American Indian or Alaska Native, and 0.138% Native Hawaiian or Other Pacific Islanders.
Students enrolled at Franklin University in full-time Undergraduate programs are most commonly White Female (35.2%), followed by White Male (22.9%) and Black or African American Female (11.3%). Students enrolled in full-time Graduate programs are most commonly White Female (28.8%), followed by Black or African American Female (16.3%) and White Male (13.6%).
The total enrollment at Franklin University in 2023, both undergraduate and graduate, is 8,697 students. The full-time enrollment at Franklin University is 3,687 and the part-time enrollment is 5,010. This means that 42.4% of students enrolled at Franklin University are enrolled full-time compared with 70.4% at similar Special Focus Institutions.
This chart shows the full-time vs part-time enrollment status at Franklin University (in red) compares to similar universities.
Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Franklin University was 47%. Compared with the full-time retention rate at similar Special Focus Institutions (73%), Franklin University had a retention rate lower than its peers.
This chart shows the retention rate over time at Franklin University (highlighted in red) compares to similar universities.
The enrolled student population at Franklin University is 53.6% White, 19.6% Black or African American, 7.16% Hispanic or Latino, 3.3% Asian, 3.21% Two or More Races, 0.655% American Indian or Alaska Native, and 0.138% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 41.6% White, 19.6% Hispanic or Latino, and 14.5% Black or African American.
Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 727 students (8.36%) did not report their race.
In 2023, the most specialized majors across all degree types at Franklin University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Business (1,200 degrees awarded), Protective Services (179 degrees), and Interdisciplinary Studies (68 degrees).
The most common jobs for people who hold a degree in one of the 5 most specialized majors at Franklin University are Other managers (1,110,015 people), Accountants & auditors (1,101,398 people), Software developers (848,408 people), Financial managers (635,776 people), and Chief executives & legislators (551,910 people).
The most specialized majors at Franklin University in 2023 are Business (1,200 degrees awarded), Protective Services (179 degrees), Interdisciplinary Studies (68 degrees), Social Sciences (100 degrees), and Computer and Information Sciences and Support Services (151 degrees) (as of 2023).
The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Franklin University are Surgeons, Physicians, Securities, commodities, & financial services sales agents, Cardiovascular technologists and technicians, and Magnetic resonance imaging technologists
The most specialized majors at Franklin University are Business (1,200 degrees awarded), Protective Services (179 degrees), Interdisciplinary Studies (68 degrees), Social Sciences (100 degrees), and Computer and Information Sciences and Support Services (151 degrees) (as of 2023).
The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin University are Computer Systems Design (1,362,238 people), Elementary & secondary schools (955,701 people), Colleges, universities & professional schools, including junior colleges (697,165 people), Justice, public order, & safety activities (672,892 people), and Securities, commodities, funds, trusts & other financial investments (628,139 people).
The most specialized majors at Franklin University are Business (1,200 degrees awarded), Protective Services (179 degrees), Interdisciplinary Studies (68 degrees), Social Sciences (100 degrees), and Computer and Information Sciences and Support Services (151 degrees) (as of 2023).
In 2023, the most common 1 to 2 year postsecondary certificate concentration at Franklin University was Business Analytics with 1 degrees awarded.
This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Franklin University according to their major.
The student demographic with the highest graduation rate in 2023 at Franklin University is Female and Two or More Races (100% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (74.3%).
The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.
The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 52.8% of graduates (19 students) did not report their race.
The most common race/ethnicity and sex grouping at Franklin University is white female (760 degrees awarded). There were 1.64 times more white female recipients than the next closest race/ethnicity group, white male (464 degrees).
Franklin University has an endowment valued at nearly $10.8M, as of the end of the 2023 fiscal year. The return on its endowment was of 2.58M (24%) compared to the 1.93% average return (240k on 12.4M) across all Special Focus Institutions.
In 2023, Franklin University had a total salary expenditure of 72.5M. Franklin University employs 66 No academic ranks. Most academics at Franklin University are Female No academic rank (38), and Male No academic rank (28).
The most common positions for non-instructional staff at Franklin University are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 67 employees, Business and Financial Operations, with 49 employees, and Management with 41 employees.
Franklin University has an endowment valued at about $10.8M, as of the end of the 2023 fiscal year. The endowment of Franklin University grew 2.74% from the previous year. The value of their endowment was $1.66M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.
This line chart shows how the endowment at Franklin University (in red) compares to that of some similar universities.
The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Business & Management Schools Carnegie Classification grouping.
In 2023, Franklin University paid a median of $40.4M in salaries, which represents 55.7% of their overall expenditure ($72.5M) and a 2.46% growth from the previous year. This is compared to a 6.68% growth between 2021 and 2022, and a 16.7% decline between 2020 and 2021.
In 2023, Franklin University paid a total of $7.97M to 66 employees working as instructors, which represents 19.7% of all salaries paid.
This is compared to a median of $208k (5.9%) for similar Special Focus Institutions.
In 2023, the most common positions for instructional staff at Franklin University was No academic rank with 66 employees.
In 2023, the most common positions for non-instructional staff at Franklin University were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 67 employees, Business and Financial Operations with 49 employees, and Management with 41 employees.
In 2023, the most common demographic for instructional staff at Franklin University was Female No academic rank with 38 employees, and Male No academic rank with 28 employees.
This chart shows the sex split between each academic rank present at Franklin University.
