FourYearCost

Ferris State University

Big Rapids, MIPublicRank 396 of 1,732

Heads-up: 27% of undergraduates here are part-time and 14% study fully online (IPEDS fall 2023). Large part-time, online or adult populations can make the later-years average look lower for reasons unrelated to freshman aid, so this college is left out of the default traditional ranking.

Avg freshman grant · 2022-23
$12,823
1,652 recipients
Avg grant, later years · 2022-23
$10,010
4,989 recipients
The drop
$2,813
21.9% of the freshman average

Freshman grant vs later years

Freshman year$12,823Later years$10,010

Average grant per recipient, IPEDS SFA 2022-23.

Averages across all recipients, not a prediction for one student. Continuing students include transfers and part-time students. Data is about two years old. How this is calculated.

Average net price by family income (2022-23)

Family incomeAvg net price
$0–30k$5,957
$30–48k$7,962
$48–75k$12,303
$75–110k$17,193
$110k+$19,308

First-time, full-time students receiving Title IV aid, in-state. Source: IPEDS SFA 2022-23.

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$13,076
Tuition and fees (in-state), 2023-24$13,630
Change$554 (+4.2%)
Tuition and fees (out-of-state), 2023-24$13,630
On-campus room and board, 2023-24$10,660

Source: IPEDS Institutional Characteristics, academic years 2022-23 and 2023-24.

Tuition and fees trend (in-state)

$12,1502018-19$12,0682019-20$12,3762020-21$12,7402021-22$13,0762022-23$13,6302023-24

Published tuition and required fees, +12.2% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$13,6242020-21$13,9782021-22$13,1542022-23

Average net price for first-time, full-time students receiving grant aid, in-state. Source: IPEDS SFA 2022-23.

Outcomes and aid profile

Bachelor's graduation rate within 6 years54%
Full-time freshman retention (return for year 2)73%
Freshmen receiving Pell Grants42%
Freshmen taking federal loans56%
Average federal loan (freshmen who borrow)$5,222
Aid drop one year earlier (2021-22)$1,873

Sources: IPEDS Graduation Rates 2023 (DRVGR), Fall Enrollment 2023 (retention), SFA 2022-23 and 2021-22. "Freshmen" = first-time, full-time undergraduates.

Compare with other colleges Compare with the two most similar

More: all MI colleges · how aid changes after year one · lowest net price for low-income families · 2026-27 state cost reports

Similar colleges

CollegeFreshman grantDrop
Lake Superior State University$11,464$3,164
University of Michigan-Flint$11,448$1,950
Wayne State University$10,862$1,453
Central Michigan University$10,638−$487
Eastern Michigan University$10,236$1,674

Same state and control, closest average freshman grant. All colleges in this state.

Get a personal estimate from the college's own net price calculator.

Know before the award letter arrives

One short email when new cost data lands. Double opt-in, no spam.

Get the newsletter