
For 2024-25, reported full-time undergraduate tuition was $14,582, with $196 in required fees, for both in-state and out-of-state students in the published figures. Housing, food, books, transportation, and personal expenses are additional; a student's bill and full cost of attendance are not the same thing.
Adding those reported categories produces $27,135 before transportation, personal expenses, and any program-specific costs. It is a planning comparison, not an official individualized aid budget; students should use the current cost-of-attendance estimate for their campus, housing choice, and enrollment level. Graduate tuition and specialized program charges can follow different schedules.
The amount a student ultimately pays may be much lower than published charges. In the reported aid figures, average net price was $4,315 for students from families with income up to $48,000 and $18,603 for those above $110,000. Net price reflects costs after grant and scholarship aid for the measured group, not a quoted price for a new applicant.
Financial aid can include federal grants, Michigan programs for eligible residents, Ferris scholarships, loans, and veteran or military education benefits. Students generally need to complete the Free Application for Federal Student Aid to be considered for federal aid and many need-based awards. Reported figures show that 99% of students received some form of financial aid and 43% had student loans; receiving aid does not mean all costs were covered without borrowing. Applicants should compare their actual award letter with the current annual budget and note which awards renew, require a minimum GPA, or depend on full-time enrollment.
Ferris students can seek part-time work alongside their studies, including campus jobs. Federal Work-Study is one possible form of aid for eligible students, but a work-study award is not the same as an automatic job placement or money deducted upfront from tuition.
Federal Work-Study eligibility is based on financial-aid rules and available funding. Students normally earn wages as they work, subject to their award and an employer's hiring process. Other campus positions may be open without work-study eligibility, with hours and availability depending on the department. Applicants can check financial-aid information and current student job postings to see which positions are designated for work-study.
Ferris also offers career support separate from student employment: reported services include individual career counseling, résumé assistance, interview preparation, job fairs, employer recruiting, and alumni networking. An internship is not required of every student, although a particular major may require one or another supervised experience.
99% of undergraduates receive aid, $12,005 on average
Yearly living expenses by where students live
Average yearly cost after grants, students awarded federal aid
Institution provide on-campus housing
YesInstitution provides board or meal plan
YesTuition guaranteed plan
NoPrepaid tuition plan
NoUndergraduate average amount
$12,005All
$16,117Undergraduate average amount
$11,261Graduate average amount
$13,863Data last updated on November 2, 2026
Data sources: IPEDS 2024-25, Peterson 2026, College Scorecard 10/2026, Clery 2024 (2023-24), OpenAlex 2026
Figures on this profile come from federal and third-party datasets in the editions listed above and are refreshed periodically, so they may differ from what the institution currently reports. Confirm costs, deadlines and requirements with the school before making decisions.