Student Loans for Franklin And Marshall Students
About Franklin and Marshall
A private liberal arts college located in Pennsylvania, Franklin and Marshall offers many quality academic programs, The college boasts 175 fulltime faculty members dedicated to enriching the lives of students. Notably, according to Newsweek, Franklin and Marshall is the “4th Most Rigorous College/University”. The college was also ranked number one in the country by The Princeton Review for “Faculty accessibility”. A college that holds so many accolades is sure to provide you with the best possible learning experience.
About Franklin and Marshall Financial Aid
Franklin and Marshall financial aid includes need-based aid programs only. As the college is committed to meeting 100% of every student’s need, around half of the student population is able to receive some type of need-based aid. To apply for aid Franklin and Marshall you must file the Free Application for Federal Student Aid (FAFSA) form, which can be filled out and submitted online at fafsa.ed.gov. Besides the FAFSA, students must also complete the CSS profile in order to apply for Franklin and Marshall financial aid.
Franklin and Marshall College financial aid options include a variety of scholarships that are offered according to different criteria. Federal student loans like Stafford and Perkins are also offered in addition to low interest PLUS loans for parents. Moreover, work-study opportunities may be a part of the financial aid package. In all, these opportunities enable students to contribute towards the cost of tuition and other expenses by allowing for an alternative income.
If you find yourself ineligible to receive any form of Franklin and Marshall financial aid, or if the award money does not cover the complete cost, consider applying for private student loans. The Student Loan Comparison Tool available here can be extremely useful, so before applying for a loan, use it to find the best one.
The amount of financial aid you can receive at Franklin And Marshall College depends upon the program you apply for. On the other hand, there are other factors that determine how much aid you receive: the difference between your tuition costs and family support. The gap between each equals the amount your stated need. Family size, tuition costs, tax cuts, and independent/dependent status are some factors that influence the amount aid that you will receive.
Can you outline the application procedure for Franklin and Marshall College financial aid?
The application procedure for Franklin and Marshall College financial aid requires students to fill out the FAFSA application form. In addition, students must submit the College Scholarship Services (CSS) Profile. It is important for students to submit these forms before their deadline dates.
Pay for Franklin & Marshall College*
|Total Avg. Cost||$53,710|
|Room & Board||$10,920|
|Financial Aid Information|
|Students Receiving Fin Aid||64%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$6,674|
|%Receiving Other Loans||11%|
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*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics