Ferris State's tuition & fees has increased from $16,414 (2014) to $13,630 (2024), and the rate of tuition increase is 16.96% over the past 10 years. The graduate school tuition & fees has raised from $9,216 (year 2014) to $8,986 (year 2024).
Ferris State's tuition increase rate is lower than the Michigan's average increase rate of 18.24%. Compare to all colleges in United States, it's increase rate is lower than the average increase rate of 28.12%.
Cost of Attendance (COA) Trends
The total cost of attendance (COA), including tuition & fees, books & supplies costs, and living costs, increased by -1.02% from 2014 ($28,002).
For the current academic year 2023-2024, Ferris State's COA is $27,716, which is increased by 1.87% from last year.
The following table and chart show changes to Ferris State's COA over the past 10 years.
Tuition & Fees Changes
The tuition & fees have decreased 16.96% for the last 10 years , and the 2024 tuition & fees are $13,630. The following table and chart show the tuition & fees changes at Ferris State University over last the 10 years.
Books & Supplies Costs Changes
The cost of purchasing books & supplies which are required/recommended for courses $862, and it has decreased -4.22% from the year 2014 to 2024.
| Year | Books & Supplies | Change by Year |
|---|
| 2014-15 | $900 | - |
|---|
| 2015-16 | $914 | 1.56% |
|---|
| 2016-17 | $914 | |
|---|
| 2017-18 | $914 | |
|---|
| 2018-19 | $840 | -8.10% |
|---|
| 2019-20 | $859 | 2.26% |
|---|
| 2020-21 | $816 | -5.01% |
|---|
| 2021-22 | $828 | 1.47% |
|---|
| 2022-23 | $836 | 0.97% |
|---|
| 2023-24 | $862 | 3.11% |
|---|
Living Costs Changes
The living costs including room, board, and other living expenses have increased 12.33% when a student lives on-campus facilities and -4.10% when living-off campus from the year 2014 to 2024. The following table shows the changes in living costs at Ferris State University.
| Year | Living On Campus | Living Off Campus | Change by Year |
|---|
| 2014-15 | $10,688 | $10,688 | - |
|---|
| 2015-16 | $10,554 | $9,400 | -1.25% |
|---|
| 2016-17 | $10,772 | $9,400 | 2.07% |
|---|
| 2017-18 | $11,014 | $9,400 | 2.25% |
|---|
| 2018-19 | $10,566 | $10,098 | -4.07% |
|---|
| 2019-20 | $10,724 | $10,325 | 1.50% |
|---|
| 2020-21 | $12,071 | $10,571 | 12.56% |
|---|
| 2021-22 | $12,402 | $10,717 | 2.74% |
|---|
| 2022-23 | $12,764 | $11,546 | 2.92% |
|---|
| 2023-24 | $13,224 | $11,886 | 3.60% |
|---|
Compare Tuition Change to Similar Colleges
The following table compares 2024 tuition and increase rate from last year between Ferris State University and similar schools.
| 2024 | 2023 | Increase Rate |
|---|
| Ferris State University | $14,246
($14,246) | $13,608
($13,608) | 4.69% |
|---|
|
| University of Michigan-Ann Arbor | $60,107
($18,309) | $57,273
($17,786) | 4.95% |
|---|
|
| Michigan State University | $44,040
($17,270) | $42,607
($16,617) | 3.36% |
|---|
|
| Wayne State University | $33,158
($15,464) | $34,199
($15,882) | -3.04% |
|---|
|
| Grand Valley State University | $21,154
($14,978) | $20,198
($14,302) | 4.73% |
|---|
|
| Western Michigan University | $19,098
($15,298) | $18,254
($14,623) | 4.62% |
|---|
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