Franklin College G.I. Bill® Tuition Assistance

How Much of Franklin College of Indiana's Tuition Will the G.I. Bill® Cover?

How much will you pay to attend Franklin College? Below you can review how much of your expenses at Franklin College of Indiana the GI Bill® will cover.

Do I Really Need to do Research About the G.I. Bill®?

Did you know that G.I. Bill® funding has a cap? Below you'll find out if the entire cost of attendance at Franklin College of Indiana is covered. This data varies for each school so be sure to check out G.I. Bill® information for each school you're interested in!

Veterans Typically Attend Franklin College for no More Than $15,311

If you qualify for full benefits under the Post-9/11 GI Bill® we estimate that your yearly out of pocket cost to attend Franklin College should not be more than $15,311.

Private College Tuition Not Covered by GI Bill® Benefits

Even if you qualify for full benefits, the tuition and fees charged by Franklin College will not be fully covered. Franklin College charges $33,954 a year for tuition and fees but your maximum Post-9/11 benefit is only $20,235. In order to make up the shortfall you will need some additional aid from the college and/or government.

Yellow Ribbon Program Participant But With Limitations

If you have tuition and fees charges that are not covered by your Post-9/11 benefits, you may be able to get additional assistance in the form of a Yellow Ribbon Award. While Franklin College participates in the Yellow Ribbon Program, it places some limitations on the awards it grants, so your participation in this program is not guaranteed.

Franklin College awarded a total of $8,492 in Yellow Ribbon benefits last year. This was split among 2 veterans for an average award of $4,246 ($8,492 after government matching).

The following table may show you how likely you are to have outstanding tuition costs covered by the Yellow Ribbon Program at Franklin College. Remember, contributions from the college will be matched by the VA.

Questions to Ask the Admissions Department

• Which programs and majors (if any) participate in the Yellow Ribbon Program and how do I apply?

Per Credit Fees and the Active Duty Tuition Assistance Cap

With a per credit charge for in-state students of $488, Franklin College falls above the tuition assistance cap of $250 for active duty personnel.

Below Cap for State Residents?	$488 per credit
Below Cap for Non Residents (Out of State)?	$488 per credit

Your Living Expenses May Not Be Fully Covered

After applying eight months of your assumed MHA against what Franklin College thinks your living expenses should be, we see a potential shortfall of $1,392. It is possible that your actual living expenses will be covered if you live more frugally than what the college expects.

Your Books and Supplies are Not Fully Covered

Your book stipend of $1000 will not cover what Franklin College estimates your expenses to be ($1,200).