Ferrum College Cost & Financial Aid Information

$25,558
Average Net Price
99%
Receive Aid
48%
Pell Recipients
Moderate
Affordability

Average Net Price

The average net price at Ferrum College is $25,558 per year after grants and scholarships are applied.

Overall Average Net Price

$25,558

Average amount students pay per year after financial aid

Net Price by Family Income

$0-30,000$41,042
$30,001-48,000$42,101
$48,001-75,000$45,027
$75,001-110,000$46,341
$110,000+$47,477

Financial Aid

Ferrum College demonstrates strong commitment to educational accessibility, with 99% of undergraduate students receiving financial aid and 48% benefiting from federal Pell grants for demonstrated financial need.

Students Receiving Aid

99%

Of undergraduate students receive some form of financial assistance

Pell Grant Recipients

48%

Of students receive federal Pell grants for demonstrated financial need

Grants & Scholarships

Gift aid that doesn't need to be repaid

Work-Study Programs

Part-time employment opportunities on campus

Student Loans

Federal and private loan options available

Combined Sticker Price (Undergraduate)

The sticker price represents the total cost before any financial aid is applied. In-state students can expect a sticker price of $38,320 annually for tuition and fees, while out-of-state students pay $38,320. Additional costs for room, board, books, and personal expenses will vary based on your living arrangements and lifestyle choices. Commuting students pay approximately $40,720, which is 21% cheaper than on-campus living.

Tuition & Fees Comparison

Annual Tuition & Fees

In-State: $38,320

Out-of-State: $38,320

In-State Students

On Campus Living

Tuition & Fees$38,320
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$53,520

Off Campus Living

Tuition & Fees$38,320
Room & Board$10,000
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$2,000

Total Estimated Cost$53,020

Out-of-State Students

On Campus Living

Tuition & Fees$38,320
Room & Board$12,000
Books & Supplies$1,200
Personal Expenses$2,000

Total Estimated Cost$53,520

Off Campus Living

Tuition & Fees$38,320
Room & Board$10,000
Books & Supplies$1,200
Transportation$2,000
Personal Expenses$2,000

Total Estimated Cost$53,520

Commuting Students

Students living at home and commuting to campus can significantly reduce their costs.

In-State Commuter

Tuition & Fees$38,320
Books & Supplies$1,200
Transportation$1,000
Personal Expenses$1,500

Total$42,020

Out-of-State Commuter

Tuition & Fees$38,320
Books & Supplies$1,200
Transportation$1,500
Personal Expenses$1,500

Total$42,520

Cost Analysis

Analyze how FERRUM's costs have changed over time.Over the past year, Ferrum College has increased costs by $3,280, representing a 14.7% increase in average net price.

Cost Trends

Previous Year

$22,278

Current Year

$25,558

Change

+$3,280

Affordability & Value

Ferrum College is committed to providing accessible, high-quality education with strong return on investment.

Affordability Rating

Moderate

Based on average net price compared to national averages

Investment Value

Students receiving aid99%
Pell grant recipients48%
Student-faculty ratio11:1