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Franklin University (FU) is a medium-size, private, non-profit university located in Columbus, OH. Franklin is distinguished by its focus on online learning and facilitating education for working adults. With over 4,000 undergraduate students and nearly 2,000 graduate students, both the physical and virtual campuses are buzzing with intellectual power. Degree options start with certificates and then rise through associate degrees clear to PhD options. For undergraduate students, FU offers 38 bachelor's degrees. For those who are in more of a hurry, Franklin U offers 11 career-focused associate degree options.

Overview of Franklin University (FU)

In fact, Franklin is able to help students learn while conducting their everyday lives. Online degree options at Franklin are impressive and include credentials in fields such as analytics, business, education, finance & accounting, healthcare, management, nursing, social sciences, and technology. Franklin is also there to help those with degrees take their careers to the next level.

Franklin achieves this by offering micro-credentials. These programs are designed to deliver very specific skill sets in the minimum amount of time. For instance, they offer certificates in area such as IBM data analyst, dental assistant, IBM cybersecurity, and Amazon web services, to name a few from the list of business micro-credential options. There are other options in computer science, data science, and information technology.

General Information

School Type Private not-for-profit
Campus Setting City: Large
Campus Housing No
Student Faculty Ratio 13:1
Graduation Rate 42%
Year Founded 1902

Student Enrollment

Total Students6,031


Undergraduate Student

Male 2,003
Female 2,258

Graduate Student

Male 832
Female 938

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Franklin University Acceptance Rate and Admissions


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Acceptance RateNA

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Enrollment NA

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Application Fee NA
High School GPA NA
High School Rank NA
High School Transcripts NA
College Prep Courses NA
Recommendations NA
TOEFL (Test of English as a Foreign Language) NA
Application Deadline NA
Common Application Accepted NA

FU Tuition Cost & Financial Aid

Franklin University delivers top notch education as a private institution. While private schools are generally thought to be very expensive, Franklin's $10,000 gross price tag for a year of tuition, books, and supplies is very competitive with public schools nationwide. When students add on room and board as well as other costs of living, the grand total for a year at Franklin comes to around $30,000. However, the estimated $19,000 price tag to live for a year in Columbus, OH does seem a bit high.

Nevertheless, gross prices are only part of the story when it comes to earning a degree at Franklin. The average net price tag for a year come to $7,500, which includes all costs including room and board. This number falls to $6,500 for the lowest earning households and only peaks at $10,000 for households in the $75-$110k tax bracket. These figures are eye-poppingly good and indicate a very affordable college education one the financial aid office takes a hand and students gather appropriate scholarships and available grants.

Average net price 2018-2019
Net Price $10,290
Average Total Aid $17,789
Students Receiving Financial Aid 95%
Room & Board $14,914

Sticker Price

  • Tuition In-State - $9,577
  • Tuition Out-of-State - $9,577
  • Books and Supplies - $1,080
  • Room & Board - $14,914
  • Other - $5,842


Every student has academics at the top of their list when they go searching for colleges. They seek out schools with desirable programs that will help them earn the life they're dreaming of. Thus, researchers seek to help students by evaluating the data to provide the most objective view possible. Unfortunately, this data has been compromised in some cases.

In fact, Franklin University was beset with trouble during the COVID pandemic years. They were forced to close their branch university, Urbana University. Since Urbana comprised the vast majority of Franklin's first-time, full-time students, their retention rate fell precipitously.

However, Franklin still reports strong graduation numbers. Their students graduate at a rate of 42%, with 37% pursuing their degrees elsewhere. Since those transfer students are typically highly motivated, it can be assumed that they may still graduate, if from some other institution. Thus, Franklin can be said to prepare 79% of its students for academic and career success.

Researchers will be sure to keep an eye on Franklin's retention rates once the dust settles from the pandemic.

Student Population Total

Student Population 6,031

Evening Classes : Yes
Online Learning : Yes

Most Popular Programs & Majors

(# of Diplomas Awarded by Subject)

All Business Majors 662 Total Graduates / 66%
Business Administration and Management, General 252 Graduates
Accounting 148 Graduates
Operations Management and Supervision 50 Graduates
Finance, General 39 Graduates
Health Professions and Related Programs 125 Total Graduates / 12%
Registered Nursing/Registered Nurse 64 Graduates
Health/Health Care Administration/Management 58 Graduates
Health Information/Medical Records Technology/Technician 3 Graduates
All Computer Information Science Majors 67 Total Graduates / 7%
Information Technology 23 Graduates
Computer Science 22 Graduates
Computer and Information Systems Security/Auditing/Information Assurance 15 Graduates
Web Page, Digital/Multimedia and Information Resources Design 7 Graduates
All Psychology Majors 36 Total Graduates / 4%
Applied Psychology 31 Graduates
Psychology, General 5 Graduates
Homeland Security, Law Enforcement, Firefighting and Related Protective Services 34 Total Graduates / 3%
Criminal Justice/Law Enforcement Administration 20 Graduates
Homeland Security, Law Enforcement, Firefighting and Related Protective Services, Other 14 Graduates
All Other Diplomas 8%

Outcome & Salary

Franklin University students and their families are eager to reap a fantastic return on their educational investment. Though it's impossible to guarantee any salary range for any student, alumni do report back after graduation with their entry-level salaries. At the very top of the list are Franklin's computer science graduates who post a median salary of $71,000, a very commendable base pay. Coming in at #5 of the highest earning salaries are the human resources students who begin their careers earning $50,000. These salaries are good benchmark numbers for new students who should note that many jobs also offer generous benefits and bonuses.

Graduates Salary
College Grads Early Career Salary $46,500
College Grads Average Salary $69,392
College Grads Mid Career Salary $67,200
Return on Investment (ROI)
10 Year Salary Earnings Potential $693,920
20 Year Salary Earnings Potential $1,365,920
Cost of Education (Net Price) 4 Year $41,160
10 Year Projected ROI $652,760
20 Year Projected ROI $1,324,760
No College Education Salary Comparison
National Average Salary $38,792
10 Year Projected Income $387,920
20 Year Projected Income $775,840

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