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National Application Center :: campus tours :: Franklin and Marshall College costs & financial aid

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Franklin and Marshall College

Franklin and Marshall College
PO Box 3003
Lancaster, PA 17604-3003

Official telephone: (717) 358-3911
Website: https://www.fandm.edu/
Screen last updated on: January 2025

The financial aid information below is valid for the 2024 academic year.

FINANCIAL AID OFFICE
Financial aid homepage: https://
npc.collegeboard.org/app/
fandm

EXPENSES
Undergraduate tuition: $70,566; $70,566 out-of-state
Book fees: $800
Miscellaneous expenses: $400
Other expenses: Estimated expense of transportation for residents.
Combined room and board expenses: $16,680

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAJanuary 15noJanuary 15
CSS/Financial Aid PROFILEN/AnoN/A
Noncustodial (Divorced/Separated) Parent's StatementN/AnoN/A
Noncustodial ProfileN/AnoN/A

Date award notification begins: April 1
Applied for financial aid:
74% of first-year students
69% of full-time undergraduates
Determined to have financial need:
77% of first-year students
86% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
75% of first-year students
85% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
26% of first-year students
16% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
100% of first-year students
100% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
100% for first-year students
100% for full-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$53,128 for first-year students
$57,721 for full-time undergraduates
Average need-based gift award:
$50,457 for first-year students
$53,969 for full-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,747 for first-year students
$4,891 for full-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$2,221 for first-year students
$3,437 for full-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
24% of first-year students
11% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$21,350 for first-year students
$18,139 for full-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • Direct Subsidized Stafford Loans
  • Direct Unsubsidized Stafford Loans
  • Direct PLUS Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • state scholarships/grants
  • athletic scholarships

Data is copyrighted material under license to Peterson's, LLC. Material may contain updates provided solely by the institution to which the updated Data relates. These updates are not independently validated, and no party associated with this website can accept responsibility for their accuracy. Copyright © 2021 by Peterson's, LLC. All rights reserved.