by our College Data Analytics TeamBelow is the data on what it actually costs to attend Ferris State University, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
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What it costs to attend Ferris State University amounts to about $26,066.00 a year.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $14,778.00 |
| + Room, board & other expenses | $11,288.00 |
| Total cost | $26,066.00 |
| That is 35% above the national average net price. |
| Total cost | $26,066.00 |
| − Grants and scholarships | −$18,424.00 |
| Net price | $7,642.00 |
| That is 60% below the national average net price. |
| Total cost | $26,066.00 |
| − Grants and scholarships | −$24,492.00 |
| Net price | $1,574.00 |
| That is 92% below the national average net price. | |
| Want the line-by-line detail? Dig into tuition and fees plus room and board. |
Cost of attendance here has been rising by roughly 5.1% a year, so a full degree will cost more than a single year — the tables below carry that forward. These tables carry the cost across a degree for three cases: low-income w/ aid, average aid, and no aid. Loan math assumes ten-year repayment at 6.8% interest.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 5.1% | 5.1% | 5.1% |
| Freshman year | $1,654.00 | $8,032.00 | $27,395.00 |
| Senior year | $1,920.00 | $9,324.00 | $31,803.00 |
| Total 4-year net price | $7,141.00 | $34,668.00 | $118,250.00 |
| 10-year loan interest @ 6.8% | $2,720.00 | $13,207.00 | $45,049.00 |
| Total monthly payment | $82.00 | $399.00 | $1,361.00 |
| Total amount paid | $9,861.00 | $47,876.00 | $163,299.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 5.1% | 5.1% | 5.1% |
| Freshman year | $1,654.00 | $8,032.00 | $27,395.00 |
| Senior year | $1,739.00 | $8,441.00 | $28,792.00 |
| Total 2-year net price | $3,393.00 | $16,473.00 | $56,187.00 |
| 10-year loan interest @ 6.8% | $1,293.00 | $6,276.00 | $21,405.00 |
| Total monthly payment | $39.00 | $190.00 | $647.00 |
| Total amount paid | $4,685.00 | $22,748.00 | $77,592.00 |
For the complete net-price picture, see the net price section below.
The net price figure shows the cost after grants and scholarships are deducted. For most students, this is the more useful number than published tuition because it reflects the real out-of-pocket cost.
| Average net price (on-campus) | $8,624.00 |
| Average net price (off-campus) | $12,202.00 |
Net price is far from uniform: lower-income families typically pay much less after aid. Here is the average net price for each family-income range:
| Family income | Average net price |
|---|---|
| Under $30,000 | $5,957.00 |
| $30,000 to $48,000 | $7,962.00 |
| $48,001 to $75,000 | $12,303.00 |
| $75,001 to $110,000 | $17,193.00 |
| Over $110,000 | $19,308.00 |
Run your own numbers with the Ferris State University Net Price Calculator, or visit the financial aid office.
For the grant-and-scholarship detail behind these figures, see the financial aid page.
Typical debt at graduation from Ferris State University amounts to $15,500.00, landing it in the Low ($10-20k) debt-burden bucket.
The percentile breakdown reveals the full debt landscape:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,750.00 |
| 25th | $7,500.00 |
| Median (50th) | $15,500.00 |
| 75th | $28,000.00 |
| 90th | $37,405.00 |
How far apart the 10th and 90th percentiles sit tells you how uneven debt outcomes are.
For the full borrowing and repayment picture, see the student loan debt detail.
Debt at graduation is far from uniform across income levels. Below the data splits borrowers across three income groups:
| Family income | Median debt at graduation |
|---|---|
| Low income | $15,213.00 |
| Middle income | $16,195.00 |
| High income | $15,250.00 |
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $15,727.00 |
| Continuing-generation students | $15,010.00 |
First-generation graduates from Ferris State University leave with $717.00 more than continuing-generation graduates.
Pell Grants are the federal government’s primary need-based undergraduate aid program. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The median debt gap between Pell and non-Pell graduates of Ferris State University comes to $3,399.00. Federal data flags this school for Pell-related debt inequity.
The default-rate category at Ferris State University is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 7.0% |
To give some context for these rates, Stafford loans disbursed at Ferris State University total $1,067,716,482.00 covering 50,360 disbursements.
Veterans and current servicemembers may be eligible for major federal education benefits including the Post-9/11 GI Bill and Department of Defense Tuition Assistance.
| GI Bill recipients | 145 |
| Avg GI Bill amount | $11,477.00 |
| DoD Tuition Assistance recipients | 43 |
| Avg DoD Tuition Assistance | $3,163.00 |
Explore GI Bill and military aid in detail on the veteran aid breakdown.
Numbers only tell part of the story. As you weigh Ferris State University, keep these questions in mind:
For a closer look at any of these topics, follow the links below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.