Why Need-Based Aid?
Franklin & Marshall College is among a select group of colleges—including the Ivy League and many leading liberal arts colleges and research universities—that dedicate their financial aid resources to need-based financial aid and meet the full demonstrated need of every student they accept for all four years.
We are an institution defined by our academic rigor and supportive community, and our investment in need-based financial aid has enabled us to enroll talented students of all backgrounds who have earned the opportunity to create an F&M education. As a result, 24 percent of domestic students in the Class of 2021 are eligible for federal Pell grants, 20 percent are the first in their families to go to college, 26 percent are domestic students of color, and 14 percent come from countries outside the United States. Our commitment to need-based financial aid has also enabled us to decrease student debt at graduation by nearly 20 percent since 2012.
Every student enrolled at F&M demonstrates a high level of academic achievement. We are a selective institution, reviewing approximately 7,000 applications each year for a class of roughly 600 students. We carefully consider what each applicant would bring to our community, and consider an offer of admission to be the highest acknowledgement of an applicant's merit.
F&M has received national recognition for its talent strategy focused on recruiting and educating young people drawn from the full American and international mosaic. The Washington Post has hailed our efforts as a "recruiting revolution," and PBS' The NewsHour has highlighted F&M as a national model "that more colleges need to follow."
We are proud that, due to our commitment to need-based financial aid, F&M is a dynamic campus where students of myriad cultures and diverse ethnic and socioeconomic backgrounds can exchange ideas, learn from one another, and grow together.