Franklin University was founded in 1902 in Columbus, Ohio. It began as the YMCA School of Commerce, initially to provide adult men with bookkeeping training. By 1913, the school was offering two-year degrees in accounting and, in 1921, was authorized to offer four-year degrees. In 1933, the school was named Franklin University, not because it was located in Franklin County, Ohio, as many believe, but for one of the country’s best-known Founding Fathers, Benjamin Franklin.
In 1964, the university amicably separated from the YMCA and, in 1969, moved to Grant Avenue in Columbus. The university still has a focus to provide higher education to working adults, offering many evening, weekend and online courses.
Franklin University is ranked as one of the safest colleges in the country by Niche. It is also ranked in the top ten of best college locations in Ohio and in the top 50 of most diverse colleges in Ohio.
Franklin University Accreditation Details
Franklin University is regionally accredited by the Higher Learning Commission which means the university agrees to periodic reviews from the accrediting agency to confirm they are providing high-quality education. Accreditation also indicates that the university is willing to improve any areas identified as needing improvement during periodic reviews and that they have the resources to meet their obligations.
Business programs at Franklin University are accredited by the Council for Business Education and nursing programs are accredited by the Commission on Collegiate Nursing Education. Specialized accreditation lets students, parents and employers know that graduates of these programs are well-prepared for careers in those industries.
Franklin University Application Requirements
Students who have not earned college credit after high school graduation must complete an online application and submit official high school transcripts. Students who have earned less than 24 credit hours after high school must submit official high school transcripts as well as official transcripts from all colleges and universities attended. Students who have more than 24 credits earned after high school must send official transcripts from all colleges and universities attended, but do not need to provide high school transcripts.
Applicants who are seeking a master’s degree must hold a bachelor’s degree or higher and have earned a 2.75 GPA. Students who do not have a qualifying GPA may submit GMAT or GRE scores and their work history, references or other personal qualities may be considered for admission. Doctorate level programs require the applicant to have a master’s degree or higher. Some have specific GPA requirements as well as minimum coursework in a field of study.
Tuition and Financial Aid
Standard tuition at Franklin University is $509 per credit hour while for active service members, tuition is $250 per credit hour. Master’s degree tuition is $659 per credit hour while doctorate level courses are $719 per credit hour.
Franklin University awards almost $13 million in student aid each year and more than half the students attending receive a financial aid package. Federal student aid is available in the form of grants, which are need-based and do not need to be repaid as well as work-study programs which provides on-campus employment to offset the cost of tuition. Scholarships are also available including:
- Citrix ShareFile Innovation Scholarship
- Franklin University Undergraduate Scholars Program
- Jeanette Rankin Scholarship
- North American Moving Services, Logistics Scholarship
- Public Administration Programs Scholarship
- Risk Management and Insurance Scholarships
- Scholarship Opportunities for Women in STEM
- Soroptimist International Mid-West Region
- STEM Scholarships
- Veterans Benefits Scholarships
- Virginia M. Wagner Scholarship
Student and parent loans are also available, but it is important to remember that loans must be repaid. In order to qualify for any financial aid, students must complete the FAFSA.
Online Degrees Available
Master of Science in Marketing & Communication
The Master of Science in Marketing and Communication at Franklin University helps students understand that there is more to marketing than sending messages to consumers. Marketing experts need to know what consumers think, feel and do, as well as how to leverage consumer thoughts, behaviors and actions. Students gain an understanding of differentiation and how to establish brand positions with target audiences. Students learn to deliver messages and apply data sources regarding products using packaging as well as promotional strategies. Students are able to recommend traditional and contemporary processes in order to implement marketing communication strategies as well as the ethical and social impact of marketing decisions.
Master of Science in Nursing
The Master of Science in Nursing provide students with knowledge and skills to excel in healthcare organizations. Students develop stronger critical thinking skills in the nursing industry in order to better coordinate healthcare for those in need. Students are able to synthesize theories and knowledge to develop a theoretical basis as well as how to apply leadership skills necessary for high-quality nursing care. Students also learn how to provide leadership across the nursing continuum in diverse settings. Students are able to integrate current and emerging technologies while demonstrating responsive leadership, collaboration and management. In an industry where evolving legislation, rising costs and the need to meet the demands of a population that is aging, registered nurses with leadership qualities are in growing demand.
Master of Science in Business Psychology
Business is people-oriented which means the products and services they create or provide are due to the efforts of humans. This means that individuals who understand the psychology of business are growing in importance. Students are able to assess the value of neuroscience as a tool in business as well as how to assess the business intelligence of companies. Students are able to evaluate psychological assessments that help businesses with leadership and organizational development. Students are also able to create behaviorally-based measures in economics and apply psychological principles in product marketing. Students also develop an understanding of coaching techniques when dealing with dysfunctional individuals and processes that can stimulate innovation.
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Franklin University has been providing education geared toward working adults since they began as part of the YMCA almost over 100 years ago. That dedication to helping working adults achieve their higher education goal is still important to the university. At Franklin University, adults who may have other obligations that could prevent them from attending traditional classes are able to move into a new career or advance in a current career through flexible, online, evening and weekend classes.