Ferris State University

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2021 Undergraduate Tuition
$13,188
3.29% growth from 2020
2021 Average Net Price
$13,624
After Financial Aid
2019 Student Loan
1.62%
Default Rate
2021 Acceptance Rate
84.8%
10,480 Applicants
2021 Enrolled Students
10,361
70.4% Full-Time
2021 Graduation Rate
54.7%
342 Graduates

About

Ferris State University is a higher education institution located in Mecosta County, MI. In 2021, the most popular Bachelors Degree concentrations at Ferris State University were Criminal Justice - Police Science (253 degrees awarded), General Business Administration & Management (211 degrees), and Registered Nursing (139 degrees).

In 2021, 3,575 degrees were awarded across all undergraduate and graduate programs at Ferris State University. 52.9% of these degrees were awarded to women, and 47.1% awarded men. The most common race/ethnicity group of degree recipients was white (2,868 degrees), 13.8 times more than then the next closest race/ethnicity group, black or african american (208 degrees).

The median undergraduate tuition at Ferris State University is $13,188, which is $−9,996 less than the national average for Masters Colleges and Universities ($23,184).

dollarCosts

In 2021, the median undergraduate tuition at Ferris State University is $13,188, which is $−9,996 less than the national average for Masters Colleges and Universities ($23,184).

After taking grants and loans into account, the average net price for students is $13,624.

In 2021, 73% of undergraduate students attending Ferris State University received financial aid through grants. Comparatively, 50% of undergraduate students received financial aid through loans.

Tuition Costs

$13,188
2021 Undergraduate Tuition

In 2021, the cost of tuition at Ferris State University was $13,188. The cost of tuition at Ferris State University is $−9,996 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,184).

This chart compares the tuition costs of Ferris State University (in red) with those of other similar universities.

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Average Net Price

$13,624
2021 Value
7.8%
1 Year Growth

In 2021 Ferris State University had an average net price — the price paid after factoring in grants and loans — of $13,624. Between 2020 and 2021, the average net price of Ferris State University grew by 7.8%.

This chart compares the average net price of Ferris State University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$8,962
Room and Board
$816
Books and Supplies

The average yearly cost of room and board at Ferris State University was of $8,962 in 2021. The cost of room and board decreased by 4.48% between 2020 and 2021.

During the same period, the average yearly cost of books and supplies was $816. The cost of books and supplies decreased by 5.01% during the same period.

This chart compares the average student costs at Ferris State University (in red) with that of similar universities.

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Financial Aid by Income Level

73%
Undergraduates Receiving Financial Aid through Grants
50%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Ferris State University received financial aid through grants or loans in 2021. This represents a decline of 1.35% with respect to 2020, when 74% of undergraduate students received financial aid.

This chart compares the average award discount at Ferris State University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
1.62%
2019 Default Rate
58
Number of Defaults

In 2019 the default rate for borrower's at Ferris State University was 1.62%, which represents 58 out of the 3582 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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predictive-analysisAdmissions

Ferris State University received 10,480 undergraduate applications in 2021, which represents a 22.1% annual growth. Out of those 10,480 applicants, 8,884 students were accepted for enrollment, representing a 84.8% acceptance rate.

There were 10,361 students enrolled at Ferris State University in 2021. 66% of first-time enrollees submitted SAT scores with their applications.

Ferris State University has an overall enrollment yield of 15.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

84.8%
Acceptance Rate in 2021
8,884
Accepted Out of 10,480

In 2021, the undergraduate acceptance rate of Ferris State University was 84.8% (8,884 admissions from 10,480 applications). This is higher than the acceptance rate of 2020, which was 82.5%. Between 2020 and 2021, the number of applicants grew by 22.1%, while admissions grew by 25.6%..

This chart compares the acceptance rate of Ferris State University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

66%
Submission Percentage (2021)
924
Scores Submitted (2021)

66% of enrolled first-time students at Ferris State University in 2021 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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bookEnrollment

Ferris State University had a total enrollment of 10,361 students in 2021. The full-time enrollment at Ferris State University is 7,289 students and the part-time enrollment is 3,072. This means that 70.4% of students enrolled at Ferris State University are enrolled full-time.

The enrolled student population at Ferris State University, both undergraduate and graduate, is 74.4% White, 7.89% Black or African American, 6.25% Hispanic or Latino, 3.72% Two or More Races, 1.71% Asian, 0.502% American Indian or Alaska Native, and 0.0483% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ferris State University in full-time Undergraduate programs are most commonly White Female (38.7%), followed by White Male (38.6%) and Black or African American Female (4.29%). Students enrolled in full-time Graduate programs are most commonly White Female (35%), followed by White Male (20.3%) and Asian Female (2.63%).

Full-Time vs Part-Time Enrollment

70.4%
Full-Time Enrollment

The total enrollment at Ferris State University in 2021, both undergraduate and graduate, is 10,361 students. The full-time enrollment at Ferris State University is 7,289 and the part-time enrollment is 3,072. This means that 70.4% of students enrolled at Ferris State University are enrolled full-time compared with 68.3% at similar Masters Colleges and Universities.

This chart shows the full-time vs part-time enrollment status at Ferris State University (in red) compares to similar universities.

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Retention Rate over Time

77%
2021 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Ferris State University was 77%. Compared with the full-time retention rate at similar Masters Colleges and Universities (73%), Ferris State University had a retention rate higher than its peers.

This chart shows the retention rate over time at Ferris State University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2021)
  1. White
    7,713 enrolled students
  2. Black or African American
    818 enrolled students
  3. Hispanic or Latino
    648 enrolled students

The enrolled student population at Ferris State University is 74.4% White, 7.89% Black or African American, 6.25% Hispanic or Latino, 3.72% Two or More Races, 1.71% Asian, 0.502% American Indian or Alaska Native, and 0.0483% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Masters Colleges and Universities is 52% White, 16.9% Hispanic or Latino, and 12.8% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 418 students (4.03%) did not report their race.

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learningGraduates

In 2021, 205 more women than men received degrees from Ferris State University. The most common race/ethnicity group of degree recipients at Ferris State University is white (2,868 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, black or african american (208 degrees).

The most common Bachelor's Degree concentration at Ferris State University is Criminal Justice - Police Science (253 degrees awarded), followed by General Business Administration & Management (211 degrees) and Registered Nursing (139 degrees).

In 2021,  the most specialized majors across all degree types at Ferris State University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Communication Technologies (122 degrees awarded), Engineering Technologies (474 degrees), and Protective Services (388 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Ferris State University are Other managers (152,171 people), Elementary & middle school teachers (142,681 people), Police officers (129,292 people), Graphic designers (93,328 people), and Postsecondary teachers (69,389 people).

The most specialized majors at Ferris State University in 2021 are Communication Technologies (122 degrees awarded), Engineering Technologies (474 degrees), Protective Services (388 degrees), Human Sciences (85 degrees), and Precision Production (72 degrees) (as of 2021).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Ferris State University are Cardiovascular technologists and technicians, Physicians, Securities, commodities, & financial services sales agents, Surgeons, and Aircraft pilots & flight engineers

The most specialized majors at Ferris State University are Communication Technologies (122 degrees awarded), Engineering Technologies (474 degrees), Protective Services (388 degrees), Human Sciences (85 degrees), and Precision Production (72 degrees) (as of 2021).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Ferris State University are Justice, public order, & safety activities (320,508 people), Elementary & secondary schools (307,481 people), Colleges, universities & professional schools, including junior colleges (171,060 people), Computer Systems Design (132,491 people), and General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (98,198 people).

The most specialized majors at Ferris State University are Communication Technologies (122 degrees awarded), Engineering Technologies (474 degrees), Protective Services (388 degrees), Human Sciences (85 degrees), and Precision Production (72 degrees) (as of 2021).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Ferris State University.
Most Common (2021)
  1. 253 degrees awarded
  2. 211 degrees awarded
  3. 139 degrees awarded

In 2021, the most common bachelors degree concentration at Ferris State University was Criminal Justice - Police Science with 253 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Ferris State University according to their major.

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Sex Breakdown for Common Majors

1,685
Degrees Awarded to Men
in 2021
1,890
Degrees Awarded to Women
in 2021

In 2021, 1,685 degrees were awarded to men at Ferris State University, which is 0.892 times less than the number of degrees awarded to females (1,890).

This chart displays the sex disparity between the top 5 majors at Ferris State University by degrees awarded.

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Most Common Male Majors

In 2021, 145 degrees were awarded to men at Ferris State University in General Business Administration & Management, which is 0.973 times less than the 149 female recipients with that same degree.

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Most Common Female Majors

In 2021, 188 degrees were awarded to men at Ferris State University in Criminal Justice - Police Science, which is 1.42 times more than the 132 male recipients with that same degree.

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Time to Complete

30%
100% Completion Time
53%
150% Completion Time

In 2021, 30% of students graduating from Ferris State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 53% completed their degrees within 150% of the normal time, and 56% within 200%.

The following chart shows these completion rates over time compared to the average for the Masters Colleges and Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
American Indian or Alaska Native Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2021 at Ferris State University is Male and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (72.9%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 0.877% of graduates (3 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2021)
  1. White
    2,868 degrees awarded
  2. Black or African American
    208 degrees awarded
  3. Hispanic or Latino
    176 degrees awarded

The most common race/ethnicity at Ferris State University is white (2,868 degrees awarded). There were 13.8 times more white recipients than the next closest race/ethnicity group, black or african american (208 degrees).

2.85% of degree recipients (102 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2021)
  1. White Female
    1,487 degrees awarded
  2. White Male
    1,381 degrees awarded
  3. Black or African American Female
    135 degrees awarded

The most common race/ethnicity and sex grouping at Ferris State University is white female (1,487 degrees awarded). There were 1.08 times more white female recipients than the next closest race/ethnicity group, white male (1381 degrees).

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briefcaseOperations

Ferris State University has an endowment valued at nearly $116M, as of the end of the 2021 fiscal year. The return on its endowment was of 44.4M (38.3%) compared to the 13.1% average return (6.61M on 50.4M) across all Masters Colleges and Universities.

In 2021, Ferris State University had a total salary expenditure of 226M. Ferris State University employs 176 Professors, 153 Associate professors and 67 Assistant professors. Most academics at Ferris State University are Male Professor (101), Male Associate professor (88), and Female Professor (75).

The most common positions for non-instructional staff at Ferris State University are: Service, with 161 employees, Office and Administrative Support, with 155 employees, and Management with 127 employees.

Endowment

$116M
2021 Endowment
33%
growth from 2020

Ferris State University has an endowment valued at about $116M, as of the end of the 2021 fiscal year. The endowment of Ferris State University grew 33% from the previous year. The value of their endowment was $65.6M higher than than the median endowment of Masters Colleges and Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Ferris State University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Masters Colleges & Universities: Medium Programs Carnegie Classification grouping.

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Salary Expenditure

$117M
2021 Salaries
7.07%
decline from 2020

In 2021, Ferris State University paid a median of $117M in salaries, which represents 51.9% of their overall expenditure ($226M) and a 7.07% decline from the previous year.

The median for similar Masters Colleges and Universities is 35.1M (41.3% of overall expenditures).

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Instructional Salaries

$42.9M
Instructional Salaries
462
Number of Employees

In 2021, Ferris State University paid a total of $42.9M to 462 employees working as instructors, which represents 36.6% of all salaries paid.

This is compared to a median of $11M (31.3%) for similar Masters Colleges and Universities.

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Occupations by Share

Professor
Most Common Instructor
176 Employees
Service
Most Common Non-Instructional Employee
161 Employees

In 2021, the most common positions for instructional staff at Ferris State University were Professor with 176 employees, Associate professor with 153 employees, and Assistant professor with 67 employees.

In 2021, the most common positions for non-instructional staff at Ferris State University were Service with 161 employees, Office and Administrative Support with 155 employees, and Management with 127 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2021)
  1. Male Professor
  2. Male Associate professor
  3. Female Professor

In 2021, the most common demographic for instructional staff at Ferris State University was Male Professor with 101 employees, Male Associate professor with 88 employees, and Female Professor with 75 employees.

This chart shows the sex split between each academic rank present at Ferris State University.

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