Franklin and Marshall College

Lancaster, PA · Small city

AskSchool #90 of 300Private nonprofitLiberal arts collegeTest optional
Acceptance rate
28.2%
Most recent year reported
Average net price
$36,425
Sticker price $85,776
Graduation rate
84%
Within 6 years
Median earnings
$76,124
10 years after starting

Admissions

Acceptance rate (most recent year)
28.2%
Applicants (fall 2023)
9,231
Admitted (fall 2023)
2,938
Enrolled freshmen (fall 2023)
553
Yield (admitted who enroll)
19%
Acceptance rate – women (fall 2023)
34%
Acceptance rate – men (fall 2023)
29%
SAT reading, middle 50%
660–730
SAT math, middle 50%
650–733
ACT composite, middle 50%
30–33
Enrollees who sent SAT / ACT
31% / 9%

Source: IPEDS Admissions survey, fall 2023 entering class; test ranges and rate from U.S. Dept. of Education College Scorecard (June 2026 release)

What they look at

High school GPA
required
High school class rank
considered
High school record (transcript)
required
College-prep program completed
required
Recommendations
required
Demonstration of competencies
considered
SAT/ACT scores
considered
English proficiency test (TOEFL etc.)
required
Other test
not considered
Work experience
considered
Personal statement or essay
required
Legacy status
considered

“Considered” means the college uses it if you submit it, but it isn’t required.

Source: IPEDS Admissions survey, fall 2023 entering class

What families actually pay

Average yearly net price (after grants and scholarships) for first-time, full-time students who got aid, by family income.

Family income $0–30k$12,321
Family income $30–48k$16,942
Family income $48–75k$16,245
Family income $75–110k$25,104
Family income $110k+$49,996
Full sticker price (per year)
$85,776
Tuition & fees – in-state
$70,794
Tuition & fees – out-of-state
$70,794
Median debt at graduation
$19,000
Students with federal loans
44%

Source: U.S. Dept. of Education College Scorecard (June 2026 release)

Outcomes

Graduate within 6 years
84%
Freshmen who return for year 2
90%
Median earnings, 1 year after graduating
$42,901
Median earnings, 10 years after starting
$76,124

Source: U.S. Dept. of Education College Scorecard (June 2026 release)

Students & campus

Undergraduates
1,799
Graduate students
—
Student-to-faculty ratio
9 : 1
Women
51%
Students receiving Pell grants
16%
Full-time faculty
79%

Undergraduate diversity

White59%
International17%
Hispanic9.2%
Asian5.5%
Black4.8%
Two or more3.6%
Unknown0.7%
American Indian/Alaska Native0.2%

Source: U.S. Dept. of Education College Scorecard (June 2026 release)

Most popular majors

Interdisciplinary Studies26%
Biology & Biomedical Sciences15%
Social Sciences14%
Business & Marketing13%
Physical Sciences6.0%
Computer & Information Sciences4.2%
Health Professions4.0%
Mathematics & Statistics3.8%

Source: U.S. Dept. of Education College Scorecard (June 2026 release) (share of bachelor’s degrees awarded)

Contacts & links

President
Barbara Altmann
Main phone
(717) 358-3911
Address
College Ave, Lancaster, PA 17604-3003

Source: IPEDS Institutional Characteristics, 2024–25

How to apply (2026–27)

PlanApply byDecision
Early Decision (binding)November 15within 30 days
Early Decision II (binding)January 15within 30 days
Regular DecisionJanuary 15April 1
Apply with
Common App, Coalition/Scoir
Application fee
$60
SAT/ACT
Optional
Recommendations
1 counselor + 1 teacher
Interview
evaluative optional

Testing: Test-optional for 30+ years; scores considered only if they strengthen the application

Financial aid policies

  • Meets 100% of demonstrated need
  • CSS Profile required (plus FAFSA)
  • Merit scholarships: All applicants considered, no separate application; up to $40,000/year; not stacked on need-based aid
  • Commonwealth Commitment: tuition-free for Pennsylvania families earning under $75,000

Early rounds & waitlist (2025-2026)

Early Decision admit rate
29.5% (254 of 860)

Source: the college’s official website and Common Data Set 2025-2026: fandm.edu, fandm.edu, fandm.edu, fandm.edu. Dates can change, so always confirm on the college’s site.