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Ferrum College

PO Box 1000 P.O. Box 1000, Ferrum, VA 24088, USA

Ferrum College award
Ferrum College award
US ranking
position: 1162
Tuition & fees per year: N/A
Acceptance rate: 100.00%
Median alumni salary: $33,980
Avg. SAT and ACT: 1050 SAT, 21 ACT
Entrance difficulty: Easy

What is the cost of studying for a year at Ferrum College?

Ferrum College's full-time undergraduate tuition for in-district and in-state students stands at $37,400 per year, which is notably high and places it within the top 25% percentile nationally. Out-of-state undergraduate tuition matches this figure and falls into the top 30% percentile. Alongside tuition, undergraduate students pay fees amounting to $920 annually, a rate considered average and ranked in the bottom 40% percentile compared to other institutions.

Part-time undergraduate students face hourly charges of $755 for in-district, in-state, and out-of-state rates, also categorized as average and positioned near the bottom 40% to 45% percentile range.

Graduate students benefit from substantially lower tuition rates. Full-time graduate tuition for in-district and in-state students is $8,550 per year, classified as low and in the bottom 30% percentile nationally. Out-of-state graduate tuition remains the same but ranks even lower near the bottom 20%. Graduate fees are set at $450 annually across all residency categories, an average figure within the bottom 35% percentile. Part-time graduate hourly charges are $475, which is low and similarly positioned in the bottom 25% to 30% percentile.

On-campus housing is available with a dormitory capacity of 1,293, which is average but on the lower side compared to other colleges.

  • Full-time undergraduate tuition (in-district/in-state/out-of-state): $37,400
  • Undergraduate fees: $920
  • Part-time undergraduate hourly charges: $755
  • Full-time graduate tuition (in-district/in-state): $8,550
  • Full-time graduate tuition (out-of-state): $8,550
  • Graduate fees: $450
  • Part-time graduate hourly charges: $475

When compared with average annual costs across the United States, Ferrum College's undergraduate tuition is well above the average for in-state students at public four-year colleges ($25,707) and aligns more closely with private non-profit four-year colleges ($54,501). Graduate tuition is comparatively affordable.

What are the work-study opportunities at Ferrum College?

Ferrum College offers a range of work-study opportunities designed to support students financially while providing practical work experience. Eligible students can find employment in various on-campus departments, including administrative offices, the library, dining services, and campus maintenance. These roles allow students to balance academic responsibilities with part-time work that contributes to their education costs.

In addition to on-campus positions, Ferrum College facilitates internships that provide valuable career-related experience in students' fields of study. These internships are often coordinated through academic departments and can sometimes be paid, enhancing students' professional development and financial support simultaneously.

Students participating in the Federal Work-Study Program at Ferrum College typically earn wages that comply with federal guidelines, equating to the prevailing minimum wage standards. While specific average pay rates are not detailed, these earnings help offset educational expenses and living costs.

Regarding international students, Ferrum College extends work-study opportunities primarily onsite, as international students may have restrictions on employment outside the campus. The college advises international students to consult with the financial aid office for guidance on eligible work-study positions and regulations governing their employment.

Ferrum College Room and Board Cost

Total dormitory capacity

1293

Institution provide on-campus housing

Yes

Institution provides board or meal plan

Data not available

Ferrum College Tuition Plans

Any alternative tuition plans offered by institution

Data not available

Tuition guaranteed plan

Data not available

Prepaid tuition plan

Data not available

Ferrum College Financial Aid

Undergraduate average amount

$29,434

All

$32,061

Number of Students Receiving Financial Aid

100 %

Ferrum College Military and Veterans Benefits

Undergraduate average amount

$26,381

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