Paying for Ferrum
Undergraduate Tuition & Fees
$38,320
Graduate Tuition & Fees
$9,000
On-campus Living Costs
$15,780
Off-campus Living Costs
$15,780
Undergraduate Tuition per Credit Hour
$755
Graduate Tuition per Credit Hour
$460
The 2024 tuition & fees of Ferrum College are $38,320 for undergraduate programs. For graduate programs, the tuition & fees are $38,320 for graduate programs.
Compared to Private (not-for-profit), 4-Years Colleges in Virginia, the undergraduate tuition & fees are expensive and the graduate tuition & fees are inexpensive.
Compared to similar schools in rankings such as The Art Institute of Virginia Beach and South University-Virginia Beach, tuition & fees of Ferrum College is very expensive where the average tuition & fees of the schools are $16,387.
The average living cost of the school is $15,780 when a student lives in on-campus housing. When a student lives off-campus, the average living cost is $15,780.
*Data Source: 2023-2024 Tuition & Fees - NCES (Last Update: 03/01/2024)
2024 Tuition and Comparison Chart
The following chart visualizes the Ferrum's 2024 tuition & fees and compares to similar schools by school type, level, and location.
2024 Tuition & fees
The 2024 undergraduate tuition & fees at Ferrum College are $38,320 on average over undergraduate programs. The undergraduate tuition & fees stay same as last year.
The 2024 graduate tuition & fees are $9,000 on average. The graduate tuition & fees have decreased by 0.97% from last year.
The following table and chart show the 2024 tuition & fees and the tuition trends over the last 5 years.
| Year | Undergraduate | Graduate | ||
|---|---|---|---|---|
| Tuition | Fees | Tuition | Fees | |
| 2020 | $35,250 | $115 | $35,250 | $115 |
| 2021 | $36,480 | $215 | $36,480 | $215 |
| 2022 | $36,480 | $350 | $36,480 | $350 |
| 2023 | $37,400 | $920 | $37,400 | $920 |
| 2024 | $38,320 | $0 | $38,320 | $0 |
Living Costs
The 2024 average on-campus living costs is $15,780 including room & board and other living expenses (a student lives in on-campus housing such as dormitory and school-owned apartment). For students living in off-campus housing, the average living cost is $15,780.
The living cost at the school stays same as last year.
The following table and chart show the living costs changes over the last 5 years.
| Year | On-Campus | Off-Campus | ||
|---|---|---|---|---|
| Room & Board | Other Expenses | Room & Board | Other Expenses | |
| 2020 | $11,980 | $2,570 | $11,980 | $2,570 |
| 2021 | $12,400 | $3,050 | $12,400 | $3,050 |
| 2022 | $12,400 | $3,050 | $12,400 | $3,050 |
| 2023 | $13,230 | $2,550 | $13,230 | $2,550 |
| 2024 | $13,230 | $2,550 | $13,230 | $2,550 |
Books & Supplies Costs Trends Chart
The 2024 average cost for purchasing books & supplies is $1,000 at Ferrum College. The books & supplies cost stays same as last year.
The following table and chart show the 2024 books & supplies costs and the trends over the last 5 years.
| Year | Books & Supplies Costs |
|---|---|
| 2020 | $800 |
| 2021 | $800 |
| 2022 | $800 |
| 2023 | $1,000 |
| 2024 | $1,000 |
Tuition Per Credit Hour
The 2024 undergraduate tuition per credit hour at Ferrum College is $755 on average over undergraduate programs. The undergraduate tuition per credit hour stays same as last year.
The 2024 graduate tuition per credit hour is $460 on average. The graduate tuition per credit hour has decreased by 0.97% from last year.
The following table and chart show the 2024 tuition per credit hour and its trends over the last 5 years.
| Year | Undergraduate | Graduate |
|---|---|---|
| 2020 | $710 | |
| 2021 | $735 | $450 |
| 2022 | $735 | $450 |
| 2023 | $755 | $475 |
| 2024 | $755 | $460 |