Franklin College of Indiana vs. Lees-McRae College

Should I go to Franklin College or Lees McRae College? Compare 50+ facts and figures about the colleges to help you determine if Franklin College of Indiana or Lees-McRae College is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.
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Franklin College vs. Lees McRae College comparison
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Overview

 Franklin College of Indiana Lees-McRae College
Location Franklin, IN Banner Elk, NC
Setting Large Suburban Distant Rural
Enrollment 966 839
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation American Baptist Presbyterian Church (USA) - -
Status Non-profit Non-profit
Website franklincollege.edu lmc.edu
Team Colors                    

Costs

 Franklin College of Indiana Lees-McRae College
Tuition (In State) $36,600 $28,790
Tuition (Out of State) $36,600 $28,790
Room & Board $11,290 $13,730
Avg Net Price $23,843 $26,009
Avg Grant Aid $26,990 $19,843
% Receiving Grant Aid 100% 100%

Admission

 Franklin College of Indiana Lees-McRae College
Admission Chances Calculate Calculate
Applied 2,264 1,787
Admitted 1,598 1,443
Acceptance Rate 70.6% 80.7%
Enrolled % 16% 13.8%
Avg High School GPA 3.51 -
Typical High School Grades B+ -
Admissions Standards Moderate Moderate
Applicant Competition Low
ACT Range 21/27 20/26
SAT Range 1020/1200 1040/1240
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline

Academics

 Franklin College of Indiana Lees-McRae College
Student to Faculty Ratio 12:1 10:1
Popular Majors
  • Education (14%)
  • Social Sciences (14%)
  • Communication (13%)
  • Business (11%)
  • Biology (7%)
  • Education (25%)
  • Health Professions (18%)
  • Business (11%)
  • Recreation, Leisure and Fitness Studies (9%)
  • Social Sciences (9%)

Outcomes

 Franklin College of Indiana Lees-McRae College
Graduation Rate 49% 24%
Median Earnings (After 10 years) $45,300 $34,300
Making Student Loan Payments 73% 55%
Median Student Loan Debt $27,000 $20,000
Median Loan Payment $279 $206

Diversity

 Franklin College of Indiana Lees-McRae College
% Men 2% 1%
% Women 4% 2%
Racial Diversity Very Low Medium
HBCU No No
% White 84% 67%
% Black 4% 7%
% Hispanic 2% 4%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 4% 1%
% International 2% 2%
% Unknown Race 3% 18%

Students

 Franklin College of Indiana Lees-McRae College
% In-State 93% 52%
% Out-of-State 6% 44%

Campus

 Franklin College of Indiana Lees-McRae College
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes No Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Franklin College is larger than than Lees-McRae College based on total student enrollment (966 students vs. 839 students)

Franklin College of Indiana vs. Lees-McRae College Cost Comparison

Which college is more expensive, Franklin College of Indiana or Lees-McRae College?

  • Franklin College is 27.1% more expensive to attend than Lees-McRae College for in-state tuition ($36,600.00 vs. $28,790.00)
  • Out of state tuition is 27.1% higher at Franklin College of Indiana than Lees McRae College ($36,600.00 vs. $28,790.00)
  • The typical actual cost that students pay to attend (average net price) is less at Franklin College than Lees-McRae College ($23,843 vs. $26,009)
  • Living costs (room and board or off-campus housing budget) at Franklin College are 21.6% lower than costs at Lees McRae College ($11,290 vs. $13,730)
  • The same percent of students receive financial grant aid at Franklin College as Lees McRae College (100% vs. 100%)
  • The average total grant financial aid received by Franklin College students is 36% larger than aid received Lees McRae College ($26,990 vs. $19,843)

Franklin College of Indiana vs. Lees-McRae College Admissions Difficulty Comparison

Which college is harder to get into, Franklin College of Indiana or Lees-McRae College? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Lees-McRae College or Franklin College of Indiana .

  • Lees-McRae College has a higher acceptance rate (80.7%) than Franklin College of Indiana (70.6%)

Franklin College of Indiana vs. Lees-McRae College Graduation Outcomes Comparison

Which is better, Franklin College of Indiana or Lees-McRae College? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Lees-McRae College and Franklin College of Indiana.

  • The graduation rate at Franklin College of Indiana is higher than Lees McRae College (49% vs. 24%)
  • Graduates from Franklin College earn on average $11,000 more per year than Lees-McRae College graduates after ten years. ($45,300 vs. $34,300)
  • Lees McRae College students graduate with a $7,000 lower median federal student loan debt than Franklin College of Indiana graduates. ($20,000 vs. $27,000)
  • Lees-McRae College graduates are paying $73 less per month on federal student loans than Franklin College of Indiana graduates. ($206 vs. $279)
  • More Franklin College of Indiana graduates are actively paying back their federal student loan debt than former Lees-McRae College students, three years after graduation. (73% vs. 55%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/