Ferrum College

Ferrum, Virginia 24088-9000
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Private Nonprofit Bachelor's Rural: Distant
84.3%
Acceptance Rate
$38,320
In-State Tuition
$44,296
Earnings (10yr)
31.1%
Graduation Rate

Admissions

84.3%
accepted

Ferrum College accepted 84.3% of applicants, making it Open Admission.

Test Scores

Test 25th Percentile Midpoint 75th Percentile
SAT Total 900 1050 1110
SAT Reading 470 535 560
SAT Math 430 515 550
ACT Composite 21

Costs & Financial Aid

Tuition at Ferrum College is $38,320. After financial aid, the average net price is $43,803. About 51.0% of students receive Pell Grants.

$38,320
Tuition
$43,803
Avg Net Price
Cost Category Amount
Tuition & Fees$38,320
Room & Board (On Campus)$13,230
Books & Supplies$1,000
Total Cost of Attendance$52,268
Average Net Price (After Aid)$43,803
Students Receiving Pell Grants51.0%
Students Taking Federal Loans78.6%

Outcomes & Earnings

Graduates of Ferrum College earn a median salary of $44,296 ten years after enrollment. The graduation rate is 31.1%. Median student debt at graduation is $27,000, with an estimated monthly loan payment of $286.

Earnings After Enrollment

$36,418
6 Years
$41,107
8 Years
$44,296
10 Years
31.1%
Graduation Rate
57.8%
Freshman Retention
$27,000
Median Debt
Outcome Metric Value
Median Earnings (6 Years After)$36,418/yr
Median Earnings (8 Years After)$41,107/yr
Median Earnings (10 Years After)$44,296/yr
Graduation Rate (4-Year)31.1%
Freshman Retention Rate57.8%
Median Student Debt$27,000
Est. Monthly Loan Payment (10yr)$286/mo
3-Year Repayment Rate47.1%

Student Body

Ferrum College has 780 undergraduate students. The student body is 39.6% female. About 38.8% are first-generation college students. The average age at entry is 19.8.

Demographics

White
48.1%
Black
19.6%
Hispanic
6.4%
Two or More
5.1%
Non-Resident
2.3%
Student Metric Value
Total Undergraduates780
Female Students39.6%
First-Generation Students38.8%
Average Age at Entry19.8
Students Over 252.3%

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Frequently Asked Questions

What is the acceptance rate at Ferrum College?
The acceptance rate at Ferrum College is 84.3%, making it open admission. This means that for every 100 applicants, approximately 84 are admitted.
How much does it cost to attend Ferrum College?
In-state tuition at Ferrum College is $38,320. After financial aid, the average net price is $43,803.
What is the average salary after graduating from Ferrum College?
Graduates of Ferrum College earn a median salary of $44,296 per year, measured 10 years after enrollment. At 6 years after enrollment, the median is $36,418.
What is the graduation rate at Ferrum College?
The graduation rate at Ferrum College is 31.1%. The freshman retention rate is 57.8%, which measures how many first-year students return for their second year.
How many students attend Ferrum College?
Ferrum College has 780 undergraduate students. The student body is 39.6% female. About 38.8% are first-generation college students.

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