Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@ferris.edu
Net Price Calculator
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Application Process
Application Deadline
August 1
Award Notification
On a rolling basis beginning December 7
High School Program
College preparatory program is recommended
Methodology For Awarding Institutional Aid
Federal Methodology
Forms Required Cost
FAFSA, Code is 002260 Free
Profile of 2018-19 Financial Aid
Profile of 2018-19 Financial Aid
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Freshman
Financial Aid Applicants
1,773 (95.1%) of freshmen
Found to Have Financial Need
1,395 (78.7%) of applicants
Received Financial Aid
1,388 (99.5%) of applicants with financial need
Need Fully Met
260 (18.7%) of aid recipients%
Average Percent of Need Met
75%
Average Award
$14,500
Need-Based Gift
Received by 1,165 (83.9%) of aid recipients, average amount $5,760
Need-Based Self-Help
Received by 980 (70.6%) of aid recipients, average amount $3,450
Merit-Based Gift
Received by 1,152 (83.0%) of aid recipients
Merit-Based Gift
Received by 1,152 (83.0%) of aid recipients
279 (15.0%) of freshmen had no financial need and received merit aid, average amount $4,700
All Undergraduates
Financial Aid Applicants
7,500 (92.4%) of undergraduates
Found to Have Financial Need
5,600 (74.7%) of applicants
Received Financial Aid
5,559 (99.3%) of applicants with financial need
Need Fully Met
992 (17.8%) of aid recipients%
Average Percent of Need Met
68%
Average Award
$12,300
Need-Based Gift
Received by 4,575 (82.3%) of aid recipients, average amount $5,440
Need-Based Self-Help
Received by 4,030 (72.5%) of aid recipients, average amount $4,430
Merit-Based Gift
Received by 3,788 (68.1%) of aid recipients
1,212 (14.9%) of undergraduates had no financial need and received merit aid, average amount $4,460
All Undergraduates
2018 Graduates Who Took Out Loans
74%
Average Indebtedness of 2018 Graduates
$34,590
Financial Aid Programs
Financial Aid Programs
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Loans
Federal Loans
Direct Subsidized Stafford Loans
Direct Unsubsidized Stafford Loans
Direct Plus Loans
Federal Nursing Loans
Other Loans
College/University Loans
Alternative Loans
Scholarships and Grants
Need-Based Available
Federal Pell grants
SEOG
State scholarships
Institutional scholarships
Private scholarships
Non-Need-Based Available
Academic scholarships
Creative arts/performance scholarships
Special achievements/activities
Special characteristics (minority
religious affiliation
other scholarships)
Non-Need Awards
Academic Interest/Achievement Award Areas
Agriculture
Architecture
Biological Sciences
Business
Communication
Computer Science
Education
Engineering/Technologies
Home Economics
Mathematics
Physical Sciences
Number of Awards
4,247
Creative Arts/Performance Award Areas
Applied Art and Design
Art/Fine Arts
Debating
Journalism/Publications
Music
Theater/Drama
Number of Awards
542
Special Achievements/Activities Award Areas
Leadership
Memberships
Number of Awards
112
Special Characteristics Award Areas
Adult Students
Children and Siblings of Alumni
Ethnic Background
International Students
Local/State Students
Members of Minorities
Previous College Experience
Veterans
Number of Awards
150
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,580
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2021 Peterson's LLC. All rights reserved.