Scholarships and Grants

How to Apply for Scholarships and Grants at Franklin College

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.

Franklin College offers a variety of scholarships and grants that are awarded based on academics, talents, and need-based. Scholarships and grants are types of financial aid that students do not have to pay back. 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, some of these awards 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 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. (Optional) 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 the student’s GPA. Awards range up to $22,000 per year and are renewable for all four years.

Ben Franklin Scholars

Ben Franklin Scholars Day is an invitation-only program that allows admitted students to compete for our most prestigious academic scholarships. To qualify, students must possess a 3.9 GPA or higher (on a 4.0 scale) at the time of admission. A complete application for admission (including all required documents) must be received by November 1st. Scholarships awarded as part of this program have various tiers and range up to full-tuition.

Alumni Grant

The Franklin College Alumni Grant will be awarded to admitted students who have a parent, grandparent or sibling who graduated from Franklin College. The Alumni Grant is for $2,000 per year and is renewable for all four years.

Family Grant

Families who have multiple students attending Franklin College simultaneously will receive a $500 Family Grant for each student. The grant is renewable for each year the students are concurrently enrolled.

Departmental Scholarships

Departmental Scholarships are available to students who are majoring in art, computing, data science, music, and theatre. Scholarships range from $500 - $1,000 per year and are renewable as long as students remain in good academic standing. The application for admission serves as the application for these scholarships, however, some departments may require additional information. Please contact admissions for more detailed information.

The National Pulliam Journalism Scholarship

Each year, Franklin College awards one full-tuition scholarship to a student majoring in one of our multimedia journalism programs. 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. To qualify, students must apply to one of the multimedia journalism majors, have a minimum GPA of 3.0 (on 4.0 scale), and submit the required essay and application by November 15th.

Lilly Endowment Community Scholarship

The Lilly Endowment Community Scholarship Program covers tuition and fees at Franklin College, along with a stipend for books. Since this scholarship covers tuition, Franklin College will apply our aid to cover the cost of room and board. All of which is renewable for all four years.

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