Overview
Ferrum, VA Ferrum College is a private, non-profit 4-year college located in Ferrum, Virginia. There are currently 780 undergraduates at Ferrum and the school’s acceptance rate is 84%. The tuition at Ferrum is $38,320.
Ferrum is a United Methodist school. That means that the administration is affiliated with the United Methodist faith. Classes may be designed with religious principles in mind, or some schools may even incorporate prayer into their schedule. Other schools with a religious affiliation may not be as active in their incorporation of the faith. It's a good idea to ask an admissions officer or current student what role faith has at Ferrum to help you make an educated decision.
Liberal Arts
Rural
Scholarships & Financial Aid
$55,100
$11,297
$43,803
Cost Breakdown
Estimated Cost:
$55,100for the 2023-2024 Academic Year
The sticker price at Ferrum is $55,100. This sticker price includes costs for tuition, books and supplies, room and board, and other miscellaneous expenses.
It’s also important to note that the cost of attendance can vary from year to year and typically it will rise over your four years in college. With that said, your financial aid will also be recalculated every year to take any price increases, as well as any changes in your financial situation, into account.
College costs can look different for every student based on their financial situation. To get a more accurate picture of what tuition at Ferrum would look like for you, try entering your financial information into their Net Price Calculator.
Ferrum College Financial Aid
Students who are applying for financial aid at Ferrum College need to submit the Free Application for Federal Student Aid (or FAFSA). The FAFSA uses financial information from the prior, prior year which means that you don’t need to wait for the year to end and can use last year’s financial information.
The FAFSA code for Ferrum College is 003711.
If you are looking for more information on how to complete the FAFSA, check out our How to Complete the FAFSA Guide.
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Pell Grants at Ferrum College
56% of students at Ferrum College receive Pell Grants, which are awarded to undergraduate students with demonstrated financial need (students who have a bachelor’s or professional degree are not eligible). Pell Grants are awarded by the federal government and do not need to be repaid. To apply for a Pell Grant, students will need to submit their FAFSA. If you are awarded a Pell Grant, you’ll see it listed in your financial aid award letter if you are accepted to Ferrum College.
You can learn more about Pell Grant eligibility here.
Outside Scholarships
Ferrum students can also apply for outside scholarships to fund their education. Outside scholarships are awards that are offered by private and non-profit organizations. If you want to see what outside scholarships you are eligible for, check out these resources:
Ferrum College Financial Aid Resources
If you are looking for more information about financial aid and scholarships at Ferrum or have questions that are specific to your personal situation, we recommend that you reach out directly to the financial aid office!
Here’s how you can get in touch:
- Website: https://www.ferrum.edu/financial-aid/
- Email: [email protected]
- Phone: 540-365-4282
Admissions
84%
21
993 is the median SAT score and 21 is the median ACT score for admitted students at Ferrum. A score that is close to this median value indicates that you have a good chance of admission to the institution. However, it’s important to remember that colleges judge applications holistically. If the rest of your application is strong, it’s possible to make up for lower test scores.
Is Ferrum test-optional?
Ferrum College is test-optional, which means that it does not require applicants to submit their SAT or ACT scores. That means that some students will submit their test scores and others will not. If you choose not to submit your ACT or SAT score, the admissions officers will weigh your grades, extracurricular activities, essays, and interviews more heavily. If you are not sure whether you should submit your standardized test scores, our guide on submitting scores to test-optional schools can help.
What SAT/ACT score do you need to get into Ferrum College?
Colleges use standardized tests like the SAT and ACT as one of many factors to determine their admissions decisions. A high score on one of these tests does not guarantee admission to a college, and a low score does not guarantee rejection. However, the majority of accepted applicants to Ferrum College receive between a and a on their ACT, or a 850 and a 1065 on their SAT.
Rolling deadline at Ferrum
Ferrum College accepts applications on a rolling basis. That means that the earlier you submit your application, the better chance you have of gaining admission and strong financial aid. Many schools with rolling admissions have priority deadlines, which means that students that submit their application before these dates have a better chance of receiving financial aid. Be sure to check Ferrum's website to become familiar with their admissions dates.
Academics
Student/Faculty Ratio
11:1
Graduation Rate
28%
Popular Majors
Percent of Students
Health Professions & Related Programs
21%
21% of graduates
Education
14%
14% of graduates
Business, Management, & Marketing
12%
12% of graduates
Homeland Security, Law Enforcement, Firefighting & Related Protective Services
9%
9% of graduates
Natural Resources & Conservation
7%
7% of graduates
Public Administration & Social Services
5%
5% of graduates
Biological & Biomedical Sciences
4%
4% of graduates
Parks, Recreation, Leisure, & Fitness Studies
4%
4% of graduates
Psychology
4%
4% of graduates
Agriculture & Agriculture Operations
3%
3% of graduates
Computer & Information Sciences
3%
3% of graduates
Liberal Arts & Humanities
3%
3% of graduates
History
3%
3% of graduates
Physical Sciences
2%
2% of graduates
Social Sciences
2%
2% of graduates
Visual & Performing Arts
1%
1% of graduates
English Language & Literature
1%
1% of graduates
Mathematics
1%
1% of graduates
Philosophy & Religious Studies
1%
1% of graduates
Student Body
Undergraduate Students
780
Pell Grant 51%
Part-Time Undergrad Students 4%
Undergrad Students Over 25 2%
Percent Male / Female 61% / 39%
Ethnic Diversity at Ferrum
48% White
20% Black
18% Unknown
6% Hispanic
5% Multiracial
2% International / Non-Citizen
1% Asian / Pacific Islander
Student Outcomes
Graduate Income
$44,296
Median Debt $27,000
Debt 10 years after graduation $286
Graduation Rate 28%
What is the graduation rate at Ferrum College?
28% of students who start at Ferrum College end up finishing their degree within six years of enrolling. This is 30% less than the national median. A higher graduation rate indicates that students have better experiences at an institution.
How much do graduates of Ferrum College go on to earn?
10 years after starting school at Ferrum College, the median earnings among students who received federal financial aid was $44,296. This is $6,095 less than the national median.
Earnings can vary widely based on many factors other than school choice. Your major and career path can cause substantial changes in your income down the line. For more information, check out our article on the average starting salary out of college.
How much do students at Ferrum take out in loans?
Graduates of Ferrum have to take out a median of $27,000 in federal student loans. This is $13,500 more than the national median. As you make decisions about your college loans, it’s important to inform yourself on the advantages and disadvantages of each loan option. Our guide to navigating these different options is a great place to start.
Data Sources
We strive to provide users with the most up-to-date information and source data from publicly available sources, including the College Scorecard and directly from the colleges. College statistics can change throughout the year, but we do our best to update them as quickly as possible. If you see an error, feel free to contact us.
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