Student Loans for Ferris State University Students

About Ferris State University

student loansFerris State University, a public university in Big Rapids, Michigan, is a large university that places an emphasis on education for placement in industrial careers. With over 14,000 undergrads, Ferris State University still manages to have a cozy student to faculty ratio of 15:1, a figure that enforces the notion of personal professional preparation that is behind a Ferris State University education.

You never want costs to catch you unawares, especially when you’re receiving financial aid; to this end, it’s important to sniff out the little hidden costs of college that you might not think of when first assembling a budget. Beyond room and board, tuition, and textbooks hide the costs of eating meals off-campus, traveling, and general incidental expenses. Be sure to think of every possible spending opportunity, then try to limit them while you’re on campus, but leave yourself a little bit of room for unexpected spending. Better to be financially safe than over-budget.

Student Loans

The standard Ferris University State financial aid package will be some sort of mash-up of student loans, grants, scholarships, and federal work-study programs. Nearly all of the student body receives financial aid (92%), and a majority accepts the federal student loans included in their financial aid package. For about a quarter (22%) of the students at Ferris State University, federal loans alone are not enough to totally cover the cost of attendance, and these students turn to private student loans to bolster their aid package.

Pay for Ferris State University*

Total Avg. Cost $21,522
Tuition $9,480
Room & Board $7,882
Financial Aid Information
Students Receiving Fin Aid 93%
Typical Grant Amounts
State/Local $2,650
Federal $3,641
%Receiving Loans 75%
Avg. Other Stud. Loans $7,794
%Receiving Other Loans 21%

Get into Ferris State University

Admission Rate 55%
Total Enrollment 13,865
Men 50%
Women 50%
Graduation Rate 44%
Application Fee $0

Contact Ferris State University

Address
1201 S State St
Big Rapids, MI 49307-2251(231) 591-2000
Financial Aid Office URL
http://www.ferris.edu/admissions/financialaid/
Admissions Office URL
http://www.ferris.edu/admissions/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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