Ferrum College's published cost of attendance is $54,526. Net price by income band varies across the student population: low-income families pay approximately $16,940, mid-low-income families pay around $16,493, middle-income families pay about $19,967, mid-high-income families pay approximately $22,505, and higher-income families pay around $24,346.
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Net prices are averages and may vary. Based on federal data for first-time, full-time students receiving aid.
| Cost Category | Amount |
|---|---|
| Total Cost of Attendance (Sticker Price) | $54,526 |
| Tuition and Fees | $28,520 |
| Room and Board | $13,230 |
| Books and Supplies | $1,000 |
| Average Financial Aid (Grants and Scholarships) | -$34,444 |
| Average Net Price (What Families Pay) | $20,082 |
| Family Income | Net Price |
|---|---|
| $0–30k | $16,940 |
| $30–48k | $16,493 |
| $48–75k | $19,967 |
| $75–110k | $22,505 |
| $110k+ | $24,346 |
Ferrum College's published cost of attendance is $54,526. Net price by income band varies across the student population: low-income families pay approximately $16,940, mid-low-income families pay around $16,493, middle-income families pay about $19,967, mid-high-income families pay approximately $22,505, and higher-income families pay around $24,346. Azimuth ranks Ferrum College #942 for post-graduation affordability among nonprofit four-year institutions. Ferrum College uses need-based financial aid to reshape the sticker price for qualifying families. The college participates in federal (Pell Grants, Direct Loans), state, and institutional aid programs. Individual aid packages vary within each income band, so some families pay more and some less than the figures shown above. For families evaluating affordability alongside career outcomes, the net price illusion explainer offers context on how sticker price and net price diverge. Median federal student loan debt at graduation is $27,000, and families using Parent PLUS borrow a median of $35,650; private or institutional loans may add further borrowing that falls outside these federal-only figures — see the Parent PLUS risk framework for how household context shapes PLUS decisions. For a graduate at the institution's median four-year earnings of $46,725, median federal debt of $27,000 projects to a monthly payment of about $305 under standard ten-year repayment. For personalized projections across earnings scenarios — including Parent PLUS planning — use Azimuth's Financial GPS tool.
How much students borrow and whether debt is manageable given outcomes.
Debt-to-earnings data not available.
How cost compares to graduate earnings and value added.
Graduates of Ferrum College earn median 4-year earnings of $46,725, placing Ferrum College in the 8.6 percentile for median earnings four years after enrollment among nonprofit four-year institutions. Graduates earn about $6,748 less than similar students at comparable institutions, placing Ferrum College in the 30.1 percentile for earnings beyond expectations among nonprofit four-year institutions. Azimuth ranks Ferrum College #1314 for return on investment among nonprofit four-year institutions. The institution's program portfolio centers on health-related fields, which anchor both enrollment and earnings outcomes. Health/Medical Preparatory Programs is the largest program with 26 graduates, followed by Subject-Specific Teacher Education with 19 graduates earning median 4-year earnings of $42,664. The Biology, General program graduates 13 students, while Natural Resources Conservation and Research with 10 graduates earns median 4-year earnings of $49,527, and Accounting with 8 graduates reaches median 4-year earnings of $60,070. This concentration in Health fields reflects the institution's academic focus and shapes the overall earnings trajectory for its graduate population.
