FourYearCost

Ferrum College

Ferrum, VAPrivate nonprofitRank 306 of 1,732Traditional rank 213 of 1,156

Avg freshman grant · 2022-23
$32,061
187 recipients
Avg grant, later years · 2022-23
$28,566
566 recipients
The drop
$3,495
10.9% of the freshman average

Freshman grant vs later years

Freshman year$32,061Later years$28,566

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$18,607
$30–48k$18,625
$48–75k$20,145
$75–110k$25,397
$110k+$28,515

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

Published cost (IPEDS)

Tuition and fees (in-state), 2022-23$38,320
Tuition and fees (in-state), 2023-24$38,320
Change$0 (+0.0%)
On-campus room and board, 2023-24$13,230

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

Tuition and fees trend

$34,1752018-19$35,3652019-20$36,6952020-21$36,8302021-22$38,3202022-23$38,3202023-24

Published tuition and required fees, +12.1% from first to last year shown. Source: IPEDS Institutional Characteristics 2021-22 and 2023-24 files.

Average net price trend

$22,2782020-21$25,5582021-22$22,5212022-23

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

Outcomes and aid profile

Bachelor's graduation rate within 6 years29%
Full-time freshman retention (return for year 2)59%
Freshmen receiving Pell Grants51%
Freshmen taking federal loans83%
Average federal loan (freshmen who borrow)$5,169
Aid drop one year earlier (2021-22)−$1,313

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

Similar colleges

CollegeFreshman grantDrop
Randolph-Macon College$32,348−$1,303
Emory & Henry University$30,711−$56
Eastern Mennonite University$30,242$1,244
Hollins University$34,404−$1,233
Virginia Wesleyan University$29,360$2,676

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.

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