Franklin's tuition & fees has increased from $29,025 (2015) to $38,710 (2025), and the rate of tuition increase is 33.37% over the past 10 years. The graduate school tuition & fees has raised from - (year 2015) to $40,014 (year 2025).
Franklin's tuition increase rate is higher than the Indiana's average increase rate of 0.70%. Compare to all colleges in United States, it's increase rate is higher than the average increase rate of 10.99%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by 37.52% from 2015 ($41,865).
For the current academic year 2024-2025, Franklin's COA is $57,573, which is increased by 4.96% from last year.
The following table and chart show changes to Franklin's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have increased 33.37% for the last 10 years , and the 2025 tuition & fees are $37,810. The following table and chart show the tuition & fees changes at Franklin College over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $1,352, and it has increased 12.67% from the year 2015 to 2025.
| Year | Books & Supplies | Change by Year |
|---|
| 2015-16 | $1,200 | - |
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| 2016-17 | $1,200 | |
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| 2017-18 | $1,200 | |
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| 2018-19 | $1,200 | |
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| 2019-20 | $1,200 | |
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| 2020-21 | $1,200 | |
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| 2021-22 | $1,200 | |
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| 2022-23 | $1,250 | 4.17% |
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| 2023-24 | $1,300 | 4.00% |
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| 2024-25 | $1,352 | 4.00% |
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Living Costs Changes
The living costs including room, board, and other living expenses have increased 23.79% when a student lives on-campus facilities and 20.01% when living-off campus from the year 2015 to 2025. The following table shows the changes in living costs at Franklin College.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2015-16 | $11,640 | $11,300 | - |
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| 2016-17 | $11,955 | $11,300 | 2.71% |
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| 2017-18 | $12,230 | $11,300 | 2.30% |
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| 2018-19 | $12,946 | $14,000 | 5.85% |
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| 2019-20 | $13,244 | $14,000 | 2.30% |
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| 2020-21 | $13,746 | $14,200 | 3.79% |
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| 2021-22 | $14,060 | $14,200 | 2.28% |
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| 2022-23 | $14,605 | $14,612 | 3.88% |
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| 2023-24 | $16,200 | $19,750 | 10.92% |
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| 2024-25 | $17,511 | $20,538 | 8.09% |
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Compare Tuition Change to Similar Colleges
The following table compares 2025 tuition and increase rate from last year between Franklin College and similar schools.
| 2025 | 2024 | Increase Rate |
|---|
| Franklin College | $38,710 | $37,350 | 3.64% |
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|
| Indiana Wesleyan University-National & Global | $9,648 | $9,480 | 1.77% |
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|
| University of Notre Dame | $65,025 | $62,693 | 3.72% |
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|
| Trine University-Regional/Non-Traditional Campuses | $7,176 | $9,576 | -25.06% |
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|
| Butler University | $47,560 | $45,980 | 3.44% |
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|
| University of Indianapolis | $37,200 | $36,136 | 2.94% |
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