Franklin College

www.franklincollege.edu

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2020 Default Rate

on Student Loans

2022 Acceptance Rate

92.9%

1,737 Applicants

2022 Graduation Rate

63%

148 Graduates

About

Franklin College is a higher education institution located in Johnson County, IN. In 2022, the most popular Masters Degree concentrations at Franklin College were Physician Assistant (24 degrees awarded) and Athletic Trainer (7 degrees).

In 2022, 229 degrees were awarded across all undergraduate and graduate programs at Franklin College. 53.7% of these degrees were awarded to women, and 46.3% awarded men. The most common race/ethnicity group of degree recipients was white (207 degrees), 23 times more than then the next closest race/ethnicity group, hispanic or latino (9 degrees).

In 2020 the default rate for borrower's at Franklin College was 0%, corresponding to 0 out of the 300 total borrowers.

Baccalaureate Colleges: Arts & Sciences Focus Baccalaureate Colleges

Costs

Other Student Expenses

$10,030

Room and Board

The average yearly cost of room and board at Franklin College was of $10,030 in 2022. The cost of room and board increased by 1.59% between 2021 and 2022.

This chart compares the average student costs at Franklin College (in red) with that of similar universities.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Franklin College was 0%, which represents 0 out of the 300 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Admissions

Franklin College received 1,737 undergraduate applications in 2022, which represents a 9.31% annual growth. Out of those 1,737 applicants, 1,613 students were accepted for enrollment, representing a 92.9% acceptance rate.

There were N/A students enrolled at Franklin College in N/A. 46% of first-time enrollees submitted SAT scores with their applications.

Franklin College has an overall enrollment yield of 15.3%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

92.9%

Acceptance Rate in 2022

1,613

Accepted Out of 1,737

In 2022, the undergraduate acceptance rate of Franklin College was 92.9% (1,613 admissions from 1,737 applications). This is lower than the acceptance rate of 2021, which was 94.7%. Between 2021 and 2022, the number of applicants grew by 9.31%, while admissions grew by 7.25%.

This chart compares the acceptance rate of Franklin College (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

SAT Scores

46%

Submission Percentage (2022)

113

Scores Submitted (2022)

46% of enrolled first-time students at Franklin College in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

Enrollment

Franklin College had a total enrollment of N/A students in N/A. The full-time enrollment at Franklin College is N/A students and the part-time enrollment is N/A. This means that N/A% of students enrolled at Franklin College are enrolled full-time.

Students enrolled at Franklin College in full-time Undergraduate programs are most commonly White Male (41.2%), followed by White Female (39.6%) and Black or African American Male (4.35%). Students enrolled in full-time Graduate programs are most commonly White Female (63.2%), followed by White Male (17.5%) and Black or African American Female (8.77%).

Retention Rate over Time

72%

2022 Retention Rate

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 College was 72%. Compared with the full-time retention rate at similar Baccalaureate Colleges (72%), Franklin College had a retention rate approximately the same as its peers.

This chart shows the retention rate over time at Franklin College (highlighted in red) compares to similar universities.

Graduates

In 2022, 17 more women than men received degrees from Franklin College. The most common race/ethnicity group of degree recipients at Franklin College is white (207 degrees awarded). There were 23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

The most common Masters Degree concentration at Franklin College is Physician Assistant (24 degrees awarded), followed by Athletic Trainer (7 degrees).

In 2022, the most specialized majors across all degree types at Franklin College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are History (12 degrees awarded), Parks, Recreation, & Leisure (21 degrees), and Language & Linguistics (8 degrees).

Common Jobs by Major

N/A

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Franklin College are N/A.

The most specialized majors at Franklin College in 2022 are History (12 degrees awarded), Parks, Recreation, & Leisure (21 degrees), Language & Linguistics (8 degrees), Philosophy and Religious Studies (3 degrees), and Physical Sciences (7 degrees) (as of 2022).

Highest Paying Jobs by Major

Surgeons

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Franklin College are Surgeons, Diagnostic medical sonographers, Podiatrists, Cardiovascular technologists and technicians, and Media and communication workers, all other

The most specialized majors at Franklin College are History (12 degrees awarded), Parks, Recreation, & Leisure (21 degrees), Language & Linguistics (8 degrees), Philosophy and Religious Studies (3 degrees), and Physical Sciences (7 degrees) (as of 2022).

Common Industries by Major

Elementary & secondary schools

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Franklin College are Elementary & secondary schools (5,586,329 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (3,275,256 people), Colleges, universities & professional schools, including junior colleges (2,452,532 people), Computer Systems Design (2,343,824 people), and Construction (1,303,670 people).

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Franklin College.

Most Common (2022)

Kinesiology & Exercise Science
21 degrees awarded
General Psychology
16 degrees awarded
General Business Administration & Management
16 degrees awarded

In 2022, the most common bachelors degree concentration at Franklin College was Kinesiology & Exercise Science with 21 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Franklin College according to their major.

Sex Breakdown for Common Majors

106

Degrees Awarded to Men

in 2022

123

Degrees Awarded to Women

in 2022

In 2022, 106 degrees were awarded to men at Franklin College, which is 0.862 times less than the number of degrees awarded to females (123).

This chart displays the sex disparity between the top 5 majors at Franklin College by degrees awarded.

Most Common Male Majors

In 2022, 14 degrees were awarded to men at Franklin College in General Business Administration & Management, which is 7 times more than the 2 female recipients with that same degree.

Most Common Female Majors

In 2022, 17 degrees were awarded to men at Franklin College in Physician Assistant, which is 2.43 times more than the 7 male recipients with that same degree.

Time to Complete

58%

100% Completion Time

63%

150% Completion Time

In 2022, 58% of students graduating from Franklin College completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 63% completed their degrees within 150% of the normal time, and 64% within 200%.

The following chart shows these completion rates over time compared to the average for the Baccalaureate Colleges Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

Two or More Races Male

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Franklin College is Male and Two or More Races (100% graduation rate). Across all Baccalaureate Colleges, Asian Female students have the highest graduation rate (73.2%).

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, 1.35% of graduates (2 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
207 degrees awarded
Hispanic or Latino
9 degrees awarded
Two or More Races
5 degrees awarded

The most common race/ethnicity at Franklin College is white (207 degrees awarded). There were 23 times more white recipients than the next closest race/ethnicity group, hispanic or latino (9 degrees).

0.437% of degree recipients (1 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
110 degrees awarded
White Male
97 degrees awarded
Hispanic or Latino Female
6 degrees awarded

The most common race/ethnicity and sex grouping at Franklin College is white female (110 degrees awarded). There were 1.13 times more white female recipients than the next closest race/ethnicity group, white male (97 degrees).

Operations

Franklin College has an endowment valued at nearly $87M, as of the end of the 2022 fiscal year. The return on its endowment was of −11.1M (−12.7%) compared to the 0.58% average return (286k on 49.3M) across all Baccalaureate Colleges.

In 2022, Franklin College had a total salary expenditure of 32.2M. Franklin College employs 26 Assistant professors, 20 Professors and 14 Associate professors. Most academics at Franklin College are Female Assistant professor (18), Male Professor (14), and Male Assistant professor (8).

The most common positions for non-instructional staff at Franklin College are: Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media, with 28 employees, Office and Administrative Support, with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Endowment

$87M

2022 Endowment

16%

decline from 2021

Franklin College has an endowment valued at about $87M, as of the end of the 2022 fiscal year. The endowment of Franklin College declined 16% from the previous year. The value of their endowment was $37.8M higher than than the median endowment of Baccalaureate Colleges according to the Carnegie Classification grouping.

This line chart shows how the endowment at Franklin College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Baccalaureate Colleges: Arts & Sciences Focus Carnegie Classification grouping.

Salary Expenditure

$12.6M

2022 Salaries

2.26%

growth from 2021

In 2022, Franklin College paid a median of $12.6M in salaries, which represents 39.1% of their overall expenditure ($32.2M) and a 2.26% growth from the previous year. This is compared to a 5.31% decline between 2020 and 2021, and a 1.68% growth between 2019 and 2020.

The median for similar Baccalaureate Colleges is 15.7M (37.9% of overall expenditures).

Instructional Salaries

$4.61M

Instructional Salaries

Number of Employees

In 2022, Franklin College paid a total of $4.61M to 73 employees working as instructors, which represents 36.7% of all salaries paid.

This is compared to a median of $5.04M (32.1%) for similar Baccalaureate Colleges.

Occupations by Share

Assistant professor

Most Common Instructor

26 Employees

Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media

Most Common Non-Instructional Employee

28 Employees

In 2022, the most common positions for instructional staff at Franklin College were Assistant professor with 26 employees, Professor with 20 employees, and Associate professor with 14 employees.

In 2022, the most common positions for non-instructional staff at Franklin College were Community, Social Service, Legal, Arts, Design, Entertainment, Sports and Media with 28 employees, Office and Administrative Support with 27 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 26 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Female Assistant professor
Male Professor
Male Assistant professor

In 2022, the most common demographic for instructional staff at Franklin College was Female Assistant professor with 18 employees, Male Professor with 14 employees, and Male Assistant professor with 8 employees.

This chart shows the sex split between each academic rank present at Franklin College.

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