Scholarships and Grants

A student’s college education is an investment. Franklin College connects students to meaningful experiences that prepare students for a career and graduate school. We believe that covering the cost of tuition is a partnership. We will provide aid to cover some of the cost while students and their families are expected to contribute to the cost as well.

Scholarships and grants are a type of financial aid that do not require repayment. They may be academic, merit or need-based.

At Franklin College, we offer scholarships that range from $2,500 to full tuition and are given based on the strength of each student’s academic records, test scores and leadership experience. Our scholarships and grants are renewable for a maximum of eight semesters (fall/spring) of full-time undergraduate enrollment. If you qualify for multiple awards they may not be stackable. Award amounts may be adjusted to allow Franklin to support as many students as possible.

Applying for Franklin College Scholarships and Grants

    1. Submit a completed Franklin College Application for Admission and provide all requested materials.
    2. Our office of financial aid will use your official transcript and SAT or ACT test scores to assess your merit-based scholarship eligibility.

PLEASE NOTE:  A completed application file includes the following:

      1. A submitted Franklin College application (online or paper) or Common Application
      2. Official transcript submitted by the guidance office or via Parchment.
      3. Official SAT or ACT scores
        SAT Code: 1228
        ACT Code: 1194

It is your responsibility to provide the office of admissions with these supporting documents. If you need help with anything, contact us

Academic Scholarships

Academic scholarships are awarded to admitted students based on SAT/ACT scores, class rank and GPA.  Awards range from $7,000 – $18,000.  Filing a Free Application for Federal Student Aid (FAFSA) is strongly encouraged.

Ben Franklin Scholars

This invitation-only program allows admitted students to interview for top academic scholarships up to full tuition.  To qualify, the student must posses a 3.9 GPA or higher on a 4.0 scale and an SAT score at or above 1320 (or an ACT score at or above 28).  Complete applications must be received on or before Dec. 1, 2020 at 5 p.m. for consideration.  Filing a Free Application for Federal Student Aid (FAFSA) is strongly encouraged.

Alumni Grant

A Franklin College Alumni Grant will be awarded to admitted students who have a parent or grandparent who graduated from Franklin College.  Awards range from $500-$2000.  Students must submit a completed application on or before December 1.

Family Grant

For families who have multiple students attending Franklin College simultaneously, we offer a $500 Family Grant to each student.  The grant is renewable for each year the students are concurrently enrolled.

Departmental Scholarships

Aside from the scholarships listed above which are individually awarded by our office of financial aid, some academic departments and contributors provide scholarships to qualified students on a competitive basis. Descriptions are provided below.

The National Pulliam Journalism Scholarship

Each year we award one full-tuition scholarship to a student interested in studying journalism. This scholarship is made possible by an endowment provided by the late Eugene C. Pulliam, former publisher of newspapers in Indianapolis, Phoenix and other cities. Students who indicate they intend to major in journalism on their application for admission to Franklin College will be asked to include with their application a 400-word essay to be considered for this award.  Students must submit a completed application and essay on or before November 15.

Music Scholarships

Franklin College offers various music scholarships to prospective students who have been accepted to the college and are available for music majors, music minors, music endorsements and students who have an interest in continuing music activities through performance ensembles and private applied lessons. Selection criteria includes previous performance activities and a music audition.
These are tuition-only awards. Contact the department of music for more information at 317.738.8271 or email Casey Hayes, department chair and director of choral activities.  Students must audition on or before April 1.

Art Scholarships

The Franklin College Department of Art offers scholarships annually to students who demonstrate excellence in the visual arts. These scholarships are given to students based on the following criteria:

      1. An excellent portfolio and interview;
      2. Active participation in the growth of the department of art;
      3. The pursuit of an art major or art minor.

Students must maintain good academic standing, carry a professional attitude, and fulfill their obligations by enrolling in the required number of art courses required for their art major or minor. Scholarships are renewable on an annual basis AS LONG AS the student has fulfilled their commitments and funds are available.

These are tuition-only awards. Contact the department of art for more information at 317.738.8278 or email Svetlana Rakic, department chair.  Students must submit a portfolio (and/or complete an interview) on or before April 1.

Theatre Scholarships

The Franklin College Department of Theatre offers scholarships to prospective students who have been accepted to the college and are available for theatre majors, minors, and for students who have an interest in participating in department-related activities.
These are tuition-only awards. Contact the department of theatre for more information at 317.738.8759 or email Robin Roberts, department chair and director of theatre activities.  Students must audition on or before April 1.

Lilly Scholars

Have you been awarded a Lilly Scholarship? Congratulations on your achievement! Because the Lilly Scholarship covers full tuition to any college of your choice, Franklin College will apply any of its own scholarships or grants you have received to the cost of room and board if you choose to attend Franklin College.

Let’s Talk

We’re happy you’re interested in Franklin College!

If you have specific questions, contact the office of financial aid at 888.852.6471 or 317.738.8075 or email us at