Franklin College offers an array of academic scholarships and financial aid that range from $500 to full tuition and are given based upon the strength of each student’s academic records, test scores and leadership experience.In order to be eligible for financial aid and/or scholarships including FAFSA, you must first apply to Franklin College.
Applying for Academic Scholarships at Franklin
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Submit a completed Franklin College Application for Admission and provide all requested materials.
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Students who apply by December 1 will receive scholarship notification before December 31.
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Students who apply by January 18 will receive scholarship notification by the end of February.
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Students who apply after February 1 will receive their need-based and merit-based financial aid packages after April.
A Note about Ben Franklin Scholars
Students in the top 10% of their graduating class with an SAT score at or above 1760 or an ACT score at or above 26 will be the most competitive candidates for top academic scholarships. Ben Franklin Day for Scholars (BFDS) is an invitation only program where students have the opportunity to interview for our most prestigious scholarships. Invited students will be notified on or before January 4th. Students invited to BFDS are automatically awarded a merit scholarship in the amount of $12,000. Students who attend BFDS and interview will be awarded an additional $2,000 for their participation in the day. Therefore, attendees receive a $14,000 merit scholarship and will have the opportunity to interview for a full tuition scholarship. Completed applications postmarked on or before December 21st will be considered for the Ben Franklin Day for Scholars program.
Presidential Scholars
The top students in our applicant pool will be invited to interview for Presidential Scholarships. The Presidential Scholarship interview is an overnight opportunity for students to become better acquainted with our students, faculty, staff and even our college president! Presidential scholars will be awarded $18,000, and one student will be awarded a full tuition scholarship. Completed application postmarked on or before December 21st will be considered.
Other Franklin College Merit-Based Scholarships
| Scholarship | Award Criteria | Annual Amounts | Award Maintenance |
Distinguished Deans Scholarship |
Awarded to limited number of entering students |
$8,500 - $10,000 | Students must maintain a 3.0 GPA |
| Discovery Scholarship |
Awarded to limited number of entering students in the top 50% of their class; SAT of 1400 or higher or ACT at or above 22 |
$6,000 - $8,000 | Students must maintain a 2.75 GPA |
| Directors Scholarship |
Awarded to a limited number of students who display academic potential and or financial need. |
$500 - $5,500 | Students must maintain a 2.5 GPA |
21st Century Scholars
Franklin College will guarantee full tuition for any Pell eligible Twenty-First Century Scholar and half tuition for any Non-Pell eligible Twenty-First Century Scholar through a combination of state, federal and FC grants/scholarships. Twenty-First Century Scholars must complete the Free Application for Federal Student Aid (FAFSA) form by March 1. Financial assistance may be available for room and board depending on financial need.
Indianapolis Public Schools AP Achievement Award
- Eligible students must be a graduate on an Indianapolis Public Schools High School.
- Student must have completed at least two AP, International Baccalaureate or Dual Enrollment courses by the end of their senior year.
- Student must have received a minimum of B- or higher in their AP, International Baccalaureate or Dual Enrollment courses. Final grades will be requested at the end of the school year to confirm eligibility.
- Student must have a weighted cumulative GPA of 3.25 or higher.
- Student must be recommended for the IPS AP Achievement Award by an IPS teacher or administrator. Nomination forms will be provided by Franklin College.
- Student must submit a personal statement describing their future goals and aspirations. The personal statement mustt address how Franklin College can help them achieve their goals, how they would benefit from receiving the IPS AP Achievement Award Scholarship, and how they plan on contributing to the Franklin College campus community.
- Student must have a completed application for admission by Friday, January 15, 2010.
- Student must file the FAFSA application by March 1, 2010.
Two of these awards will be granted annually. If you are an IPS teacher or administer and would like to recommend a student, please complete this nomination form and send all materials to Nick Torres at the Franklin College Office of Admission. Nick can be reached at (317) 738-8062 or ntorres@franklincollege.edu.
Lilly Scholars
Because the Lilly Scholarship covers full tuition, Franklin College will apply any of it's own scholarships or grants to the cost of room and board.
Out of State Student Grant
Franklin College understands that students who leave their home state to attend college leave their state funds behind. For this reason, Franklin College has established an out of state grant in the amount of $4,000 to be awarded to students from outside Indiana.
Departmental and Independent Scholarships
Aside from the scholarships listed above which are administered by the Office of Financial Aid, some academic departments and independent contributors provide scholarships to qualified students on a competitive basis. Descriptions and applications for each are provided below.
The National Pulliam Journalism Scholarship: Franklin College will award one full-tuition scholarship each year to a student interested in studying journalism, from an endowment provided by the late Eugene C. Pulliam, former publisher of newspapers in Indianapolis, Phoenix and other cities. Students who indicate that they intend to major in journalism on their application for admission to Franklin College will automatically be considered for this award. Top applicants may be contacted by the journalism department for additional materials and invited to an interview in the final stages of the selection process.
Music Scholarships: Franklin College offers various financial aid awards to students involved in the music program. Scholarships may be awarded to prospective students who have been accepted to the college and are available for music majors, music minors, music endorsements and students who have an interest in continuing music activities through performance ensembles and private applied lessons. Selection criteria includes previous performance activities and a music audition. These are tuition-only awards. Contact the Music Department for more information at (317) 738-8271.
You can click here to be directed to a list of endowed scholarships. (Please note that some of these endowed scholarships are awarded to a student(s) without the student applying for them while others require the student to submit materials such as essays for consideration.)
Tuition and Fees
Below are the costs for the 2010-2011 Franklin College academic year for full-time enrolled (12 or more credit hours per semester) incoming students. Some of these figures may vary due to different room costs, meal plans or unusual circumstances. Unless otherwise indicated, financial assistance award amounts are based on full-time enrollment each semester. Students must be enrolled at least half-time (at least 6 credit hours per semester) to be eligible for any financial aid.
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Tuition..................................... |
$24,470 |
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Fees......................................... |
$265 |
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Residence Hall........................ |
$4,330 |
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Meal Plan (Full).................... |
$2,965 |
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Winter Term Meals.................. |
$310 |
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Total Direct Charges................ |
$32,340 |
For more information, please contact the Office of Financial Aid at 317-738-8075 or via e-mail at finaid@franklincollege.edu.
