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 15
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