Tuition, Cost & Aid
Affordability and Cost
Average Net Price Average net price for full-time, first-time degree/certificate-seeking undergraduates paying the in-state or in-district tuition rate who were awarded grant or scholarship aid from federal, state or local governments, or the institution. Other sources of grant aid are excluded. Aid awarded anytime during the full aid year is included.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
Average net price is generated by subtracting the average amount of federal, state or local government, or institutional grant and scholarship aid from the total cost of attendance. Total cost of attendance is the sum of published tuition and required fees (lower of in-district or in-state), books and supplies and the weighted average room and board and other expenses.
$23,344
Average Net Price By Family Income
Tuition
| In-State Tuition In-state tuition is the tuition charged by institutions to those students who meet the state's or institution's residency requirements. In-district tuition is the tuition charged by the institution to those students residing in the locality in which they attend school and may be a lower rate than in-state tuition if offered by the institution. | $38,320 |
| Out-of-State Tuition Out-of-state tuition is the tuition charged by institutions to those students who do not meet the state's or institution's residency requirements. Out-of-district tuition is the tuition charged by the institution to those students not residing in the locality in which they attend school. | $38,320 |
Additional Costs
Room and Board The weighted average for room and board and other expenses is generated as follows:
| $13,230 |
| Books and Supplies | $1,000 |
| Tuition Payment Plan | Yes |
Financial Aid: visit page
Financial Aid Email: [email protected]
Aid & Grants
0
100
73%
Need Met
Students Receiving Gift Aid Percent of undergraduate students awarded federal gift aid. Federal gift aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students Receiving Grants Percent of undergraduate students awarded grant aid. Grant aid includes any grant or scholarship aid awarded, from the federal government, a state or local government, the institution, and other sources known by the institution. Students receiving state aid Students receiving federal aid
51%
Average Aid Per Year
$26,580
51%
Average Federal Grant Aid Per Year
$5,393
Average Institution Grant Aid Per Year
$21,720
58%
Average State Grant Aid Per Year
$3,488
48%
Average Federal Grant Aid Per Year
$5,393
Average Grant & Scholarship By Family Income
Student Loans
Students Borrowing Loans Loans to students - Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally- and privately-sponsored loans. Does not include PLUS and other loans made directly to parents.
73%
Average Loan Amount Per Year
$6,826
Students receiving federal loans
72%
Average Federal Loans Per Year
$5,447
Average Other Loans Per Year
$13,462
Average Debt at Graduation The median federal debt of undergraduate borrowers who graduated. This figure includes only federal loans; it excludes private student loans and Parent PLUS loans.
$12,000
Loan Default Rate
10%
US National: 7%
Median Monthly Loan Payment The median monthly loan payment for student borrowers who completed, if it were repaid over 10 years at a 5.05% interest rate.
$258
What Students Are Saying
Do not have to pay to print in the library, or pay to wash clothes. There's always something going on.
Davian from Clinton, MD
Ferrum has been considering tuition increases in order to further improve the campus. At the moment, the bang is in the process of catching up with the buck.
Micheal from Chesapeake, VA
There is a dollar tree down the road from campus.
Eboni from Cary, NC
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