851 students (99% of total 863 undergraduate students) have awarded federal, state, local, institutional or other sources of grant aid at Ferrum College. The average amount of the aid awarded is $27,498.

For the first-time, full-time beginning students (freshmen), 94% of total 216 enrolled students have received any kind of financial aid and its average amount of aid received is $26,580.

All Undergraduate Financial Aid

At Ferrum College, 851 undergraduate students (99% of total 863 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $27,498.

Financial Aid Statistics (All Undergraduate Students) - Ferrum
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship85199% $23,400,857$27,498
Pell Grants44051% $2,162,126$4,914
Federal Student Loan67879% $4,726,327$6,971

Beginning Undergraduate Students (Freshmen) Financial Aid

204 beginning undergraduate students (94% of total 216 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Ferrum College. The average amount of aid received is $26,580.

Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Ferrum
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid20494% --
Grants or Scholarships20494%$5,422,388$26,580
Federal Grants10348%$555,442$5,393
Pell Grants10348%$506,937$4,922
Other Federal Grants7535%$48,505$647
State/Local Grants12558%$436,000$3,488
Institutional Grants20494%$4,430,946$21,720
Student Loan Aid15873%$1,078,566$6,826
Federal Student Loans15672%$849,709$5,447
Other Student Loans178%$228,857$13,462

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