Spalding vs. Franklin University

Comparable Facts

Compare Spalding University in Louisville, KY with Franklin University in Columbus, OH on tuition, admissions, graduation, earnings, and student body data using the table above.

Franklin University is larger than Spalding based on total student enrollment (9,457 students vs. 1,553 students)

Location, institution type, and student-faculty ratio

• Spalding University is located in Louisville, KY (Large City setting); Franklin University is in Columbus, OH (Large City setting).
• Spalding University is a private, non-profit 4-year institution. Franklin University is a private, non-profit 4-year institution.
• Student-to-faculty ratio: Spalding University 9:1; Franklin University 17:1.

Spalding vs. Franklin University Cost Comparison

Which college is more expensive, Spalding or Franklin University? Published tuition is the sticker price; many students pay less after aid (see average net price below).

• The typical actual cost that students pay to attend (average net price) is less at Franklin University than Spalding ($25,576 vs. $25,999).
• Living costs (room and board or off-campus housing budget) at Spalding University are 42% lower than at Franklin University ($9,710 vs. $16,740).
• Spalding University is 204.9% more expensive for in-state tuition than Franklin University (about $19,623 more per year; $29,200.00 vs. $9,577.00).
• Out-of-state tuition is 204.9% higher at Spalding than at Franklin University (about $19,623 more per year; $29,200.00 vs. $9,577.00).
• A larger share of students receive grant aid at Spalding University than at Franklin University (100% vs. 96%).
• The average total grant financial aid received by Spalding University students is 276.1% larger than aid received by Franklin University students ($19,429 vs. $5,166).

Spalding vs. Franklin University Admissions comparison

Which college is harder to get into, Spalding or Franklin University? Typical SAT and ACT scores (same estimates as in the table above), middle 50% test ranges where reported, test score submission policy, deadlines, and acceptance rates summarize admission difficulty between Franklin University and Spalding.

• Franklin University reports an open admissions policy.
• Reported middle 50% SAT composite range (25th-75th percentile) for admitted students: Spalding University 875/1038.
• Reported middle 50% ACT composite range (25th-75th percentile) for admitted students: Spalding University 15/22.
• Submitting SAT or ACT scores: Spalding - Test optional; Franklin University - Open admission.

Spalding vs. Franklin University Graduation Outcomes Comparison

How do outcomes compare for Spalding and Franklin University? Graduation rate, earnings, and student loan debt are common indicators. The bullets below summarize the same federal outcomes fields as the comparison table (College Scorecard / IPEDS where applicable).

• Spalding University's six-year graduation rate (42%) is higher than Franklin University's (19%).
• Graduates from Franklin University earn a median of about $6,800 more per year than Spalding graduates about ten years after starting college ($52,100 vs. $45,300), per the same Scorecard earnings definition.
• Among federal student loan borrowers, Franklin University and Spalding graduates have the same median loan debt ($25,000 vs. $25,000).
• Among borrowers in the federal data, Franklin University and Spalding graduates have the same median monthly federal student loan payment ($258 vs. $258).
• More Spalding graduates are actively paying back their federal student loan debt than former Franklin University students, three years after graduation. (44% vs. 38%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/. Values reflect the most recent year available in our dataset.