Ferrum College: Tuition & Loans

Overall Rating: Overall Ranking - Below AverageQuality: Education Quality Rating - FairSafety: Capmus Safety Rating - BadCosts: Tuition & Fees Cost Rating - Poor
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Tuition and fees per year
$27,600
Average tuition price at Ferrum College is very high, around $27,400 a year. The additional fees at Ferrum College beyond tuition are about $200; this totals $27,600 per year.

If you were looking for a cheper school in Virginia, look at the Affordable Colleges in Virginia ranking. The chart below shows Ferrum College tuition costs and additional fees compared to the competing and nearby colleges:

Anunual Tuition and Fees in Ferrum College and Competing Colleges

Ferrum College Tuition Comparison Chart

Books and Supplies

The average cost of books and additional supplies required to study at Ferrum College is $800 a year; this is a good bargain if compared to other colleges in Virginia.

FAFSA Application

FAFSA Code
2015-2016
003711
If you anticipate to file your FAFSA application for Federal Student Aid, the college code for Ferrum College is 003711. Please verify this code before using it with your FAFSA application.

Federal Student Aid is an office of the US Department of Education, which provides financial aid to eligible students. To meet minimum eligibility requirements you will need to have a valid Social Security number and high school diploma or GED certificate.

Repaying Your School Loans

Repayment
Failure Rate
12%
The government reported that the median federal student loan amount for Ferrum College is approximately $7,900.

At the same time, 11.70% of the recent Ferrum College graduates have failed to maintain their federal student loan repayments in 2012

This rate of loan repayment defaults (11.70%) is below average and might lead to a conclusion that Ferrum College graduates have good career perspectives.

Learn More About Ferrum College

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