Tuition & Financial Aid


The tuition for Franklin for 2024-25 is $31,565. Transportation, lunch, formal testing fees (ACT/SAT), college applications, tutoring, trips, and textbooks are not included in the tuition.

*Please note that tuition does not include a new student registration fee of $1,500; a fee for annual technology, materials, labs, and books  of $1,600; and Parents Association dues of $100.

Financial Aid

Franklin is committed to supporting students who wish to have an independent school education regardless of their family’s financial circumstances. And, as a central part of our commitment to diversity, equity, and inclusion, we strive to enroll a qualified student body with diverse talents, interests, cultures, and backgrounds. Recipients of financial aid must reapply to confirm need-based eligibility every year and all financial aid information is kept confidential. We seek to support as many families as possible and our award decisions are based on demonstrated need.


It is our philosophy that families bear the primary responsibility for financing the education of their children. Financial aid decisions are based on demonstrated need. All financial aid applications are reviewed confidentially, comprehensively, and individually. We use the Clarity financial aid system to help us fairly evaluate award decisions. There are no specific benchmarks for income levels to qualify for financial aid. Providing additional narrative details in the application will assist the Financial Aid Committee to understand any extenuating circumstances that are unique to your family.

If you anticipate needing financial assistance now or in the future, please indicate this during the admissions process. Families who initially enrolled at Franklin without a financial aid package are eligible to apply for aid only if they have experienced a significant change in circumstances. Funds are not available for families with pre-existing needs that were not disclosed at the time of initial admission.

Financial Aid Application Checklist

  • Check the financial aid box on Ravenna admissions application
  • Franklin works with a financial aid platform called Clarity to determine a family’s contribution amount. To start your financial aid application on Clarity, click the apply button below and submit all required and requested documentation, as well as the $60 processing fee.
  • We will communicate decisions about financial aid together with the admissions decision. 

If you have any questions regarding the Financial Aid process, please email