Posted in HS4CC

Franklin University

Homeschooling for College Credit at Franklin University (Ohio)

Rack Rate Tuition: $63,120 ($526 per credit x 120 credits)

Franklin University has LOWERED their tuition for the  2019-2020 academic year to $398 per credit.  since the publication of this post.  

UPDATED Rack Rate Tuition: $47,760 $398 per credit x 120 credits) 

Resourcefully Planned:  $19,616 (83 credits in homeschool, 37 cr. rack rate)

Degree:  Bachelor of Science, Business Administration

What is a resourcefully planned degree?  In short, a cost map shows you how Homeschooling for College Credit in high school can be transferred into a specific college to save money.  We’ll use alternative college credit sources that are accepted by this college to devise a strategic plan for your student.  The cost map is a general outline that gets you headed in the right direction.

What a Resourcefully Planned Cost Map is NOT:  It’s not a guarantee.  This is an informed DIY plan using the college’s advertised transfer and credit acceptance policies.

Why DIY?  As the parent of a high school student, you won’t have access to academic advisors or the registrar of a college, in addition, colleges don’t specialize in helping you avoid taking their classes!  But, college transfer protocol and transfer policies are often available to the public, allowing teens to start earning college credit NOW that can be used LATER.

Where is Dual Enrollment?  Since some families have free tuition through dual enrollment, while other families may not, dual enrollment has been completely left out of the plan. If you have dual enrollment available to you, you may want to use it.

Other costs:  Colleges will have other costs beyond the scope of our basic tuition calculation.  Application fee, graduation fee, technology fee, etc. are all fees that you should plan for when your teen eventually enrolls.  To keep the playing field even, the rack rate listed above doesn’t include fees either – the numbers shown are straight tuition.

Rack Rate Tuition:  $63,120  updated: $47,760

Resourcefully Planned:  $19,616

How to avoid student loan debt

  1. Reduce the number of credits your teen must complete by doing as many of them as possible in high school.  You’ll pay cash for these as you go.
  2. Apply for Federal work-study, grants, and use savings/cash to cover the balance of tuition once they’re an enrolled student.
  3. For every $100 of tuition you have outstanding, apply for 1 scholarship.  (example: $2,000 tuition = apply for 20 scholarships)  

Franklin University has a partnership with Straighterline, so in addition to accepting the 83 transfer credits of Straighterline courses and CLEP, you’ll receive 10% off your tuition for all the remaining credit (started after high school graduation, taken online).

Cost Map for Franklin University 11/2018

RequirementHomeschooling for College CreditApproximate
Cost taken during
Cost if taken
through Franklin
General Ed CoreStraighterline (SL) English 1 and English 2, 6 credits$200$3,156
General Ed CoreCLEP Macroeconomics, 3 credits$0*$1,578
General Ed CoreSL Western Civ 1 & 2, 6 credits$200$3,156
General Ed CoreSL Survey World History, 3 cr.$100$1,578
General Ed CoreCLEP American Govt. 3 cr.$0*$1,578
General Ed CoreSL Microbiology 3 cr.$100$1,578
General Ed CoreSL Biology w/ /Lab 4 cr.$150$2,104
Business CoreSL Accounting 1 & 2, 6 cr.$200$3,156
Business CoreSL Business Law, 3 cr.$100$1,578
Business CoreCLEP Microeconomics, 3 credits$0*$1,578
Business CoreSL Princ. Of Management, 3 cr.$100$1,578
University ElectiveSL Cultural Anthropology, 3 cr.$100$1,578
University ElectiveCLEP Intro. To Business, 3 cr.$0*$1,578
University ElectiveSL Business Ethics, 3 cr.$100$1,578
University ElectiveSL Criminal Justice, 3 cr.$100$1,578
University ElectiveSL Programming C++, 3 cr.$100$1,578
University ElectiveCLEP College Algebra, 3 cr.$0*$1,578
University ElectiveSL Environmental Science, 3 cr.$100$1,578
University ElectiveSL Business Communication, 3$100$1,578
Business ElectiveSL Financial Accounting, 3 cr.$100$1,578
Business ElectiveSL Managerial Accounting, 3 cr$100$1,578
Business ElectiveSL Personal Finance, 3 cr.$100$1,578
Business ElectiveSL Organizational Behavior, 3cr$100$1,578
Remaining CreditNA – 37 credits remain, 10% Straighterline tuition discount.  Courses to be taken online through Franklin after high school graduation.$17,516$19,462
  $19,616$63,120 $47,760

*CLEP exams are free when you use the Modern States Free Voucher program

Need help from scratch?   Start here –> Homeschooling for College Credit

Want to know more about the types of college credit used in this chart? –>  Take me there.

See more Cost Maps


Executive Director of Homeschooling for College Credit