Payback
EarningsPlus
Economic score
Ferris State University is a public national university located in Big Rapids, Michigan. Ferris State University is very inclusive in their admissions.
Return on educational investment at Ferris State University is in the top 25% of all ranked schools. The median student earns $51,832 10 years after enrolling, 15th in Michigan, and in the top 50% nationally. When adjusted for earning differences by major, Ferris State University bachelor students earn 0% less than the national average. Ferris State University is ranked 4th in Michigan.
Ferris State University’s median net annual cost of $12,213 and average years to graduate of 4.6 are reported only at the school level. We assume these same costs and graduation time for all programs.
The top 6 programs at Ferris State University sorted by number of graduates - Criminal Justice, Business Administration, Registered Nursing, Industrial Engr. Tech, Design & Applied Arts, Graphic Comms - are shown below. To see more programs, click on "see additional programs".
Annual net cost
$12,213
Average years to graduate
4.6
Construction Mgmt.
Rank: #3
Economic score: 1.03
Mechanical Engr. Tech
Rank: #5
Economic score: 1.15
Health Administrative Services
Rank: #25
Economic score: 2.08
Accounting
Rank: #181
Economic score: 2.22
Health Professions and Related Clinical Sciences, Other
Rank: #4
Economic score: 2.32
Marketing
Rank: #121
Economic score: 2.97
Social Work
Rank: #30
Economic score: 3.42
Education
Rank: #62
Economic score: 3.69
Biology
Rank: #174
Economic score: 4.58
Liberal Arts and Sciences
Rank: #149
Economic score: 7.21
EarningPlus compares the three-year post graduate earnings to the median earnings of the same graduating class, with the same graduate degree. These 2 metrics, debt-to-earnings and EarningsPlus, are combined into an economic score. The lower the economic score the better.
The most popular 3 graduate programs at Ferris State University - Social Work, Registered Nursing, Criminal Justice - are shown below.
The average full-time graduate completes their degree in 4.6 years. 59% of all students graduate within 8 years including part-time students. The graduation rate at Ferris State University is 2% lower than the state average, and 9% below the average for all national universities in the country.
At Ferris State University, Pell Grant recipients represent 35% of the measured graduating class, equal to the national average of 35%. The average Pell Grant recipient at Ferris State University graduates within 4.6 years.
Ferris State University is in the top 50% of schools for graduating Pell recipients.
We calculate this performance by adjusting the graduation rate of Pell students by their percentage of the student body. This adjustment is made to prevent schools with large numbers of Pell students from underperforming in comparison to schools with few Pell students but high graduation rates.
Ferris State University’s economic mobility score of 29.4 is calculated by adjusting the 1.58 economic score of lower-income students by the 35% pell grant recipients within the student body. Ferris State University’s EMS of 29.4 ranks in the top 10% nationally.false
Economic Mobility
To calculate economic mobility of low-income (household earnings below $30,000) students, we adjust each institution’s economic score by their percentage of Pell Grant students. The logic of this Pell-adjusted calculation is derived from Third Way’s Economic Mobility Index (EMI).
Top 10%
The average Title IV recipient at Ferris State University pays $12,213 a year, $13,050 less than the $25,263 advertised. See below the cost breakdown for students who receive Title IV grants, broken down by income level.
Average net price
The average net price shown by income level for all students that receive Title IV aid. Calculated by deducting the average grant and scholarship aid from tuition, fees, books, and room and board. Limited to first-time, full-time students. Public institution figures are calculated using in-state tuition figures.
Median net price $12,213
Much of the gap between net price and sticker price is filled by institutional and government grants. At Ferris State University, 90% of students receive some grants and scholarships, compared to the national average of 87% for all colleges and universities. The average amount of federal, state, and institutional grants that students receive is shown on the right.
This leaves a total of $12,213 on average to be covered by the student – be it through loans or out of pocket. In total, 56% of students take out loans, federal or private, at an average amount of $7,551. This is 2% more than the national average.
Federal grants
$5,319
Pell grants
$5,003
State grants
$9,472
Institutional grants
$5,332
Ferris State University offers 10 online bachelor programs, all of which are hybrid format. At the master’s level Ferris State University offers 4 programs, 2 of which are held exclusively online. We use the IPEDS July '20 — July '21 Distance Education report to determine which programs are online. EarningsPlus data is provided when available.
Online programs
14
Hybrid programs
12
Percentage of programs online
12%
Ferris State University's very inclusive admissions are indicated by their 85% acceptance rate. In 2021, the school had 10,480 applicants, of which 8,884 were admitted and 1,405 enrolled. Ferris State University has a rolling admissions policy, which means applications are reviewed as they arrive until all spaces are filled.
Full time
72%
83%
Female
55%
59%
First time
48%
59%
In-state
92%
68%
1st generation
35%
35%
White
77%
52%
Black
9%
14%
Hispanic
6%
15%
Asian
1%
5%
American Indian
N/A
1.6%
Pacific Islander
N/A
0.3%
Other
6%
12%