Consortium agreements/Student Contracts are written agreements between two or more institutions that allow you to take coursework simultaneously at different institutions for the purpose of completing your college degree. Under this type of agreement, you can take courses at your community college, the "host school," and have those courses count toward a first bachelor’s degree at Franklin University, the "home school."
The home school is the school that grants the degree, as well as processes, awards and disburses financial aid. The host school is responsible for certifying your enrollment status and providing information, such as costs for tuition and fees, grades and withdrawal information.
The Consortium Agreement consists of two parts:
- Blanket Consortium Agreement (school): The Blanket Consortium Agreement is an agreement between the host and home school. The host school completes the blanket agreement and submits it to Franklin University's Financial Aid Office.
- Student Contract (student): If you plan to attend your community college for any term within the award year and would like Franklin to consider hours at your community college in your financial aid award, you must submit a Student Contract. If you anticipate only attending Franklin University, you are not required to submit this.
The Student Contract is available on our Documents and Forms page.
Official Transcripts (student)
At the conclusion of each trimester of enrollment, you must request that official transcripts* be sent to Franklin University's Transfer Credit Office. Your official transcripts are used to determine completion of courses and satisfactory academic progress. Failure to submit official transcripts may cause a reduction or cancellation of financial aid for the term in which grades were not submitted, and will prohibit aid from being processed for subsequent terms.
*An official transcript is one that has been received directly from each college or university listed on your application. It must bear the college seal, date, and an appropriate signature. Transcripts received that do not meet these requirements are not be considered official and are routinely rejected for any permanent use.
The Financial Aid Process for Franklin's Community College Alliance Students
Step 1: Complete the FASFA
Franklin University is your Home School (Code: 003046)
Step 2: Review the Consortium Agreement
Fully understand your rights and responsibilities as a CCA student; then complete the contract. We will then send your Student Contract and the Community College Signature Form to the Financial Aid Office at your Host School (your community college or technical college).
Step 3: Review Your Offer Letter
Have a plan for paying tuition at both schools. Please note that your tuition to your Host School may be due before a refund from Franklin is available.
Step 4: Maintain Your Enrollment Status
If your status changes during the term, please notify Franklin University's Student Financial Services Office.
Step 5: Send Transcripts
Request an official transcript from the Host School to be sent to Franklin University as the end of the term.