Ferrum College 2024 Tuition Fees & Total Cost of Attendance

In-State Tuition & Fees

$36,830

Cost of attendance at Ferrum College in 2022 for students from Virginia.

See how the college's in-state sticker price compares to 4 year Non Profit, private colleges in the state as well as nationally.

Virginia's average	$14,223
National average	$30,235

Out-of-State Tuition & Fees

$36,830

Cost of attendance at Ferrum College in 2022 for the out-of-state and international students

See how the college's out-of-state sticker price compares to 4 year Non Profit, private colleges in the state as well as nationally.

Virginia's average	$33,092
National average	$30,238

Average Net Price

The net price represents the amount of money students pay after receiving financial aid. In 2022, the average net price for first-year, full-time students at Ferrum College was $22,278. This amount varies among students due to the different levels of financial aid offered based on their family's financial status.

Financial aid includes federal, state, or local government grants and institutional grants and scholarships

Visit the financial aid page for more in-depth stats and analysis of financial aids offered at Ferrum College

Ferrum College net price calculator

$22,278

Below is the average net price of 4 year, private Non Profit colleges in Virginia and nationwide.

Virginia's average	$18,298
National average	$22,640

Below is the net price of Ferrum College for the past 10 years categorized by different levels of family income brackets.
Year	Average	Price Change	Less than $30k	$30k to $48k	$48k to $75k	$75k to $110k	over $110k
2022	$22,278	$1,066 (5%)	$19,431	$20,829	$22,347	$23,845	$29,021
2021	$23,344	$334 (1%)	$15,237	$14,491	$20,870	$25,068	$28,442
2020	$23,010	$1,041 (5%)	$19,806	$19,545	$22,197	$26,561	$27,542
2019	$21,969	$1,215 (5%)	$19,577	$20,248	$21,752	$26,445	$26,634
2018	$23,184	$5,514 (31%)	$22,508	$23,075	$23,604	$26,229	$28,566
2017	$17,670	$209 (1%)	$15,257	$13,792	$18,497	$20,530	$24,193
2016	$17,879	$2,082 (10%)	$13,950	$13,994	$18,089	$20,302	$25,968
2015	$19,961	$2,739 (16%)	$17,999	$17,065	$19,550	$23,244	$25,955
2014	$17,222	--	$13,567	$14,753	$17,178	$19,590	$23,694

Cost of Attendance Breakdown and Change History

The table below presents the breakdown of Ferrum College's in-state sticker price (cost of attendance) into different categories, along with their trends over the past ten years:
Year	Sticker Price (COA)	Cost Change	Tuition & Fees	Room & Board	Books & Supplies
2022	$53,080	$135	$36,830	$15,450	$800
2021	$52,945	$2,230 (4%)	$36,695	$15,450	$800
2020	$50,715	$2,185 (5%)	$35,365	$14,550	$800
2019	$48,530	$1,965 (4%)	$34,175	$13,555	$800
2018	$46,565	$1,085 (2%)	$33,025	$12,740	$800
2017	$45,480	$1,850 (4%)	$31,915	$12,765	$800
2016	$43,630	$1,395 (3%)	$30,835	$11,995	$800
2015	$42,235	$1,665 (4%)	$29,795	$11,640	$800
2014	$40,570	$3,780 (10%)	$28,585	$11,185	$800
2013	$36,790	--	$27,425	$8,565	$800

Frequently Asked Questions

Here are some frequently asked questions that may help you in your college cost research.

What kind of housing and meal plans are available at Ferrum College? How much does it cost?: The college provides a combined housing and meal plan at $12,400 per school year. One academic year is typically nine months, so the cost of on-campus housing and meals at Ferrum College is $1,378 per month.
What is the average cost of textbooks and course materials per annum?: Ferrum College estimates that a full-time first-year student would need approximately $800.
Are there any additional expenses, such as transportation or personal expenses, that I should consider?: Depending on living arrangement, Ferrum College estimates that students would need the following amount for personal and miscellaneous expenses. This category covers additional costs that students may incur throughout the academic year, such as transportation, personal supplies, and leisure activities.

If living on-campus: $3,050

If living off-campus, with family: $3,200

If living off-campus, not with family: $3,050
How much is Ferrum College application fees?: The application fee for undergraduate students is $25 and $25 for graduates.
Are there any payment plans or options for installment payments?: Ferrum College offers the following payment plans: Prepaid tuition plan, Guaranteed tuition plan, Other alternative tuition plan

Cost per Credit Hour

Ferrum College cost of courses per credit hour.
	Undergraduate Programs	Graduate Programs
For in-state students	$735	$450
For out-of-state students	$735	$450

Housing and Meal

**Ferrum College requires students to enroll in both the housing and meal plan.** Here is a historical data of the housing and meal plan offered at Ferrum College for the past 7 years.
Year	Meal price	Housing price	Combined price	Max meal per week	Dorm capacity
2022	N/A	N/A	$12,400	19	1,439
2021	N/A	N/A	$12,400	19	1,439
2020	N/A	N/A	$11,980	19	1,439
2019	N/A	N/A	$11,500	19	1,439
2018	N/A	N/A	$11,480	19	1,431
2017	N/A	N/A	$11,090	19	1,439
2016	N/A	N/A	$10,320	19	1,439

Tuition Plans

Tuition plans offered by Ferrum College during 2022 academic year.

Prepaid tuition plan

Not Offered
Guaranteed tuition plan

Not Offered
Tuition payment plan

Offered
Other alternative tuition plan

Not Offered

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Ferrum College