How Many Undergrads Receive Financial Aid?
Ferrum College's typical financial aid plan for newly arriving freshmen is $28,236. About 100.0% of new students obtain some type of financial aid, most of which is in the form of scholarships and grants.
Financial aid helps decrease the cost, or the full retail price of the college. However, be aware that the only real college discount are scholarships & grants.
Student debt ought to be considered to be a consequence instead of true financial aid. Find more about student loan debt at Ferrum College.
Amount of Ferrum College Scholarships & Grants
The numbers listed below make reference to help that is offered by Ferrum College.
99.0% of freshmen (446 total) were given scholarships at Ferrum College, averaging $17,438 per student. This ranks in the top 20th percentile of all schools in the nation.
As well as scholarships, 64.0% of freshmen (287 total) received federal grant aid, averaging $4,559 a person.
How are scholarships and grants distributed to freshmen at Ferrum College? View the graph below.
Scholarships are given due to merit or special ability, while grants are need based.
Financial Aid per Family Income
Discover just how much scholarship and grant aid you might plan to receive according to your earnings. The table below shows first year students getting federal assistance such as PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||13.7%||$16,759|
Title IV aid includes loans, grants, or work-study granted by the federal government generally according to financial need. Learn more here.
The Average Undergraduate Who Gets a Grant or Scholarship Will Get $20,822
Of the 1,294 undergraduates at Ferrum College around 100.0% (1,290 total) get some sort of grant aid. The typical number granted was $20,822.
Financial Aid Links from Ferrum College
|Financial Aid Department Website||www.ferrum.edu/financial-aid/|
|Net Price Calculator||www.ferrum.edu/financial-aid/tuition-net-price-calculator/|