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Ferrum College

Last updated: 2024 BLS data · Page refreshed:

Ferrum, Virginia 24088-9000
Data updated 2024 · Source: U.S. Department of Education College Scorecard
Private Nonprofit Bachelor's Rural: Distant
89.0%
Acceptance Rate
$28,520
In-State Tuition
$44,296
Earnings (10yr)
30.5%
Graduation Rate

Admissions

89.0%
accepted

Ferrum College accepted 89.0% of applicants, making it Open Admission.

Test Scores

Test 25th Percentile Midpoint 75th Percentile
SAT Total 1050
SAT Reading 535
SAT Math 515
ACT Composite 21

Costs & Financial Aid

Tuition at Ferrum College is $28,520. After financial aid, the average net price is $20,082. About 54.3% of students receive Pell Grants.

$28,520
Tuition
$20,082
Avg Net Price
Cost Category Amount
Tuition & Fees$28,520
Room & Board (On Campus)$13,230
Books & Supplies$1,000
Total Cost of Attendance$54,526
Average Net Price (After Aid)$20,082
Students Receiving Pell Grants54.3%
Students Taking Federal Loans85.4%

Outcomes & Earnings

Graduates of Ferrum College earn a median salary of $44,296 ten years after enrollment. The graduation rate is 30.5%. Median student debt at graduation is $27,000, with an estimated monthly loan payment of $286.

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Ferrum College — graduate earnings curve (College Scorecard 2024)Line chart showing 3 data points.$44K$33K$22K$11K$06 yr8 yr10 yr6 yr: $36,418$36,4188 yr: $41,107$41,10710 yr: $44,296$44,296

Earnings After Enrollment

$36,418
6 Years
$41,107
8 Years
$44,296
10 Years
30.5%
Graduation Rate
64.1%
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)30.5%
Freshman Retention Rate64.1%
Median Student Debt$27,000
Est. Monthly Loan Payment (10yr)$286/mo
3-Year Repayment Rate47.1%

Student Body

Ferrum College has 699 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
49.1%
Black
21.0%
Hispanic
6.2%
Two or More
4.0%
Student Metric Value
Total Undergraduates699
Female Students39.6%
First-Generation Students38.8%
Average Age at Entry19.8
Students Over 253.4%

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Frequently Asked Questions

What is the acceptance rate at Ferrum College?
The acceptance rate at Ferrum College is 89.0%, making it open admission. This means that for every 100 applicants, approximately 88 are admitted.
How much does it cost to attend Ferrum College?
In-state tuition at Ferrum College is $28,520. After financial aid, the average net price is $20,082.
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 30.5%. The freshman retention rate is 64.1%, which measures how many first-year students return for their second year.
How many students attend Ferrum College?
Ferrum College has 699 undergraduate students. The student body is 39.6% female. About 38.8% are first-generation college students.

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