Applying For Financial Aid
Applying For Financial Aid
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Email
finaid@ferris.edu
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 2020-21 Financial Aid
Profile of 2020-21 Financial Aid
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Freshman
Financial Aid Applicants
1,373 (94.9%) of freshmen
Found to Have Financial Need
1,042 (75.9%) of applicants
Received Financial Aid
1,039 (99.7%) of applicants with financial need
Need Fully Met
199 (19.2%) of aid recipients
Average Percent of Need Met
37%
Average Award
$14,290
Need-Based Gift
Received by 846 (81.4%) of aid recipients, average amount $5,840
Need-Based Self-Help
Received by 651 (62.7%) of aid recipients, average amount $3,480
Merit-Based Gift
Received by 845 (81.3%) of aid recipients
261 (18.0%) of freshmen had no financial need and received merit aid, average amount $4,470
All Undergraduates
Financial Aid Applicants
6,785 (92.9%) of undergraduates
Found to Have Financial Need
4,939 (72.8%) of applicants
Received Financial Aid
4,902 (99.3%) of applicants with financial need
Need Fully Met
928 (18.9%) of aid recipients
Average Percent of Need Met
68%
Average Award
$12,420
Need-Based Gift
Received by 3,935 (80.3%) of aid recipients, average amount $5,580
Need-Based Self-Help
Received by 3,341 (68.2%) of aid recipients, average amount $4,420
Merit-Based Gift
Received by 3,417 (69.7%) of aid recipients
1,189 (16.3%) of undergraduates had no financial need and received merit aid, average amount $4,670
All Undergraduates
2018 Graduates Who Took Out Loans
73%
Average Indebtedness of 2018 Graduates
$34,640
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
None
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
Not reported
Creative Arts/Performance Award Areas
Applied Art and Design
Art/Fine Arts
Debating
Journalism/Publications
Music
Theater/Drama
Number of Awards
Not reported
Special Achievements/Activities Award Areas
Leadership
Memberships
Number of Awards
Not reported
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
Not reported
Employment
Work-Study Programs
Federal work study available
other work study available
Average Earnings from On-Campus Employment
$2,440
Undergraduate and Undergraduate Financial Aid data displayed on CollegeData’s college profiles is from the 2020-21 academic year.
A portion of the College Profile data is provided under license by:
Peterson's Undergraduate and Undergraduate Financial Aid Databases, copyright © 2022 Peterson's LLC. All rights reserved.