[Last update: December 11, 2025]

3,403 students (59% of total 5,815 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Franklin University (Franklin). The average amount of the aid awarded is $6,540.

For the first-time, full-time beginning students (freshmen), 96% of total 51 enrolled students have received any kind of financial aid and its average amount of aid received is $5,166.

All Undergraduate Financial Aid

At Franklin University, 3,403 undergraduate students (59% of total 5,815 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $6,540.

Financial Aid Statistics (All Undergraduate Students) - Franklin
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship3,40359% $22,254,738$6,540
Pell Grants2,16237% $10,865,972$5,026
Federal Student Loan2,35941% $19,924,742$8,446

Beginning Undergraduate Students (Freshmen) Financial Aid

49 beginning undergraduate students (96% of total 51 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Franklin University. The average amount of aid received is $5,166.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Franklin
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid4996% --
Grants or Scholarships4996%$253,113$5,166
Federal Grants4384%$182,939$4,254
Pell Grants4384%$178,667$4,155
Other Federal Grants24%$4,272$2,136
State/Local Grants2957%$53,432$1,842
Institutional Grants3059%$16,742$558
Student Loan Aid3875%$225,096$5,924
Federal Student Loans3875%$216,484$5,697
Other Student Loans24%$8,612$4,306

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