| Screen last updated on: December 2016 |
The financial aid information below is valid for the 2014 academic year.
|
| Financial aid officer: |
Heather Hollandsworth,
Director of Financial Aid |
| Contacting the office: |
540 365-4282
800 868-9797 (toll free)
540 365-4266 (fax)
finaid@ferrum.edu |
| FAFSA number: |
003711 |
| CSS/PROFILE number: |
2000 |
|
| Undergraduate tuition: |
$31,800; $31,800 out-of-state |
| Additional required fees: |
$115 |
| Book fees: |
$800 |
| Miscellaneous expenses: |
$1,675 |
| Other expenses: |
Transportation and personal expenses. |
| Combined room and board expenses: |
$11,090 |
|
| Required form |
Priority date |
Rolling? |
Closing date |
| FAFSA | March 1 | no | N/A |
| State Aid Form | N/A | yes | N/A |
|
| Date award notification begins: |
January 20 |
| Applied for financial aid: |
 | |
| 59% | of first-year students |
| 96% | of full-time undergraduates |
| 52% | of part-time undergraduates |
|
| Determined to have financial need: |
| |
| 97% | of first-year students |
| 95% | of full-time undergraduates |
| 67% | of part-time undergraduates |
|
| Students determined to have financial need who received any financial aid: |
| |
| 100% | of first-year students |
| 100% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Students determined to have financial need who received any need-based gift aid: |
| |
| 91% | of first-year students |
| 86% | of full-time undergraduates |
| 88% | of part-time undergraduates |
|
| Students receiving financial aid who received need-based self-help aid: |
| |
| 94% | of first-year students |
| 91% | of full-time undergraduates |
| 88% | of part-time undergraduates |
|
| Students receiving financial aid who received any non-need-based gift aid: |
| |
| 98% | of first-year students |
| 96% | of full-time undergraduates |
| 88% | of part-time undergraduates |
|
| Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans): |
| |
| 7% | of first-year students |
| 7% | of full-time undergraduates |
| 100% | of part-time undergraduates |
|
| Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans): |
| |
| 7% | for first-year students |
| 72% | for full-time undergraduates |
| 0% | for part-time undergraduates |
|
| Average financial aid package (excluding PLUS loans and private alternative loans): |
| |
| $32,707 | for first-year students |
| $30,418 | for full-time undergraduates |
| $12,354 | for part-time undergraduates |
|
| Average need-based gift award: |
| |
| $14,514 | for first-year students |
| $12,783 | for full-time undergraduates |
| $5,145 | for part-time undergraduates |
|
| Average need-based self-help award (excluding PLUS loans and private alternative loans): |
| |
| $6,218 | for first-year students |
| $6,348 | for full-time undergraduates |
| $5,039 | for part-time undergraduates |
|
| Average need-based loan (excluding PLUS loans and private alternative loans): |
| |
| $3,846 | for first-year students |
| $4,516 | for full-time undergraduates |
| $4,118 | for part-time undergraduates |
|
| Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| 1% | of first-year students |
| 4% | of full-time undergraduates |
| 0% | of part-time undergraduates |
|
| Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits): |
| |
| $15,500 | for first-year students |
| $13,391 | for full-time undergraduates |
| $0 | for part-time undergraduates |
|
| School participates in Federal Work-Study Program: |
yes |
|
| Types of loans available: |
|
- Direct Subsidized Stafford Loans
- Direct Unsubsidized Stafford Loans
- Direct PLUS Loans
- FFEL Subsidized Stafford Loans
- FFEL Unsubsidized Stafford Loans
- FFEL PLUS Loans
- Federal Perkins Loans
|
|
| Parent loans packaged to meet need: |
no |
| Percent of undergraduates who have borrowed through all loan programs: |
78% |
| Average student debt upon graduation: |
$27,902 |
| Types of payment plans: |
|
- Tuition Management Systems
|
|
| Need-based scholarships/grants available: |
|
- need-based (general)
- Federal Pell Grants
- SEOG
- state scholarships/grants
- college/university scholarships/grants (institutional funds)
- private scholarships/grants
|
|
| Non-need-based scholarships/grants available: |
|
- non-need-based (general)
- state scholarships/grants
- academic merit scholarships/grants
- creative arts/performance
- special achievements/activities
|
|
|
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