More selective than 30% of Virginia colleges we cover.
College Scorecard, Fall 2024 entering class
Average after grants for all families receiving federal aid. Pick your income above.
Sticker price $54,526. College Scorecard.
Higher than 5% of Virginia colleges we cover and 14% of colleges nationwide. U.S. median 54%.
Within 6 years · College Scorecard
Higher than 9% of Virginia colleges we cover and 23% of colleges nationwide. U.S. median $53,263.
Median, 10 years after starting · College Scorecard
Ferrum College acceptance rate & admissions
Of 1,483 applicants, Ferrum College admitted 1,483 and 242 enrolled (IPEDS, Fall 2023 entering class).
IPEDS Admissions, Fall 2023 entering class
Test scores: College Scorecard, Fall 2024. Other figures: College Scorecard; IPEDS
Ferrum College tuition, cost & net price
What families actually pay per year, by income
Average net price after grants and scholarships for students who receive federal aid. Tap your income band.
College Scorecard, latest reported year (federal aid recipients)
Sticker price (before aid)
IPEDS 2023-24 cost items; total from College Scorecard
College Scorecard; Urban Institute Education Data Portal
State aid: Virginia residents studying full-time at eligible private nonprofit Virginia colleges may receive the Virginia Tuition Assistance Grant (VTAG): up to $5,250 a year for undergraduates in 2025-26, depending on state funding. Not included in the prices above. State Council of Higher Education for Virginia (SCHEV), VTAG
Ferrum College majors, earnings & careers
Ferrum College offers 41 bachelor's majors across 9 areas. Earnings below are for this school's graduates of each major, four years after finishing.
- Humanities & Languages · 8
- Science & Math · 8
- Social Sciences & Public Service · 7
- Business & Finance · 5
- Arts & Design · 4
- Health & Medicine · 4
- Education · 2
- Technology & Computing · 2
- Communications & Media · 1
Highest-earning majors at Ferrum College
| Major | Earnings, 4 yrs | Median debt |
|---|---|---|
| Criminal Justice | $60,235 | $29,500 |
| Accounting | $60,070 | — |
| Environmental Science / Conservation | $49,527 | — |
| Education (Subject Teaching) | $42,664 | $31,000 |
| Health Sciences | $42,229 | $27,000 |
| Psychology | $37,841 | — |
Quick list of all 41 majors
- Accounting$60,070
- Agriculture—
- Applied Mathematics—
- Biology—
- Business Administration—
- Chemistry—
- Communications—
- Computer Programming—
- Criminal Justice$60,235
- Education (Elementary / Secondary)—
- Education (Subject Teaching)$42,664
- English—
- Environmental / Natural Resources Management and Policy—
- Environmental Science / Conservation$49,527
- Finance—
- Graphic / Interior / Fashion Design—
- Health Sciences$42,229
- History—
- Information Technology—
- Kinesiology / Exercise Science—
- Liberal Arts / General Studies—
- Management Information Systems—
- Marketing—
- Mathematics—
- Music—
- Nursing—
- Parks, Recreation, and Leisure Studies—
- Philosophy—
- Political Science—
- Pre-Med / Pre-Health—
- Psychology$37,841
- Religious Studies—
- Security / Homeland Security—
- Slavic, Baltic and Albanian Languages, Literatures, and Linguistics—
- Social Sciences—
- Social Work—
- Spanish / French / Romance Languages—
- Studio Art—
- Sustainability Studies—
- Theatre—
- Writing—
— means too few graduates to report earnings.
College Scorecard field of study, latest release
All majors by area with earnings 1 and 4 years out, and debt →Education (Subject Teaching) → High school teacher
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to shrink 0.2% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Environmental Science / Conservation → Environmental scientist
Median annual wage for all workers in this job, not only new graduates. U.S. jobs projected to grow 6.1% from 2025 to 2035.
BLS Occupational Employment and Wage Statistics, May 2025; Employment Projections 2025-35
Living in Roanoke
Overall prices in the Roanoke, VA area.
BEA Regional Price Parities, 2024
2 bedrooms $1,080. Housing costs 21% below the U.S. average.
HUD Fair Market Rent, FY2027
January and July average highs. 54 inches of rain a year, 13 inches of snow.
NOAA Climate Normals 1991-2020
No hazard rated high.
FEMA National Risk Index, Franklin County
Campus & students
IPEDS fall enrollment; Carnegie Classification; EADA via Urban Institute
Franklin County at a glance
U.S. Census Bureau, ACS 5-year 2024
Compare Ferrum College with similar schools
Similar private colleges in Virginia by selectivity, graduation rate and size. Tap “Why?” to see where the price difference comes from.
| School | Acceptance | You'd pay | Graduation | Earnings, 10 yrs | Price gap |
|---|---|---|---|---|---|
| Ferrum College | 89% | $20,082 | 32% | $44,296 | This school |
| Southern Virginia University | 96% | $22,213 | 33% | $50,002 | |
| Virginia Union University | 98% | $13,235 | 34% | $38,275 | |
| Randolph College | 94% | $15,921 | 46% | $53,409 | |
| Bridgewater College | 92% | $17,800 | 53% | $53,453 |
College Scorecard, latest reported year. “You'd pay” follows your residency and income choices above.
Why the price is different
Ferrum College would cost you $2,131 less per year than Southern Virginia University, on average.
- Higher sticker price at Ferrum College, mostly from more Southern Virginia University students living at home, which lowers its average (+$10,451).
- Ferrum College gives aided families $22,226 more in grants, on average.
| Per year, Virginia resident | Ferrum College | SVU | Difference |
|---|---|---|---|
| Tuition & fees | $28,520 | $21,280 | +$7,240 |
| Books & supplies | $1,000 | $1,500 | −$500 |
| Housing & meals | $13,230 | $9,376 | +$3,854 |
| Personal & travel | $2,550 | $3,500 | −$950 |
| Living-at-home adjustment | +$9,226 | −$1,225 | +$10,451 |
| Sticker price | $54,526 | $34,431 | +$20,095 |
| Average grants | −$34,444 | −$12,218 | −$22,226 |
| You pay | $20,082 | $22,213 | −$2,131 |
“+” means Ferrum College costs more; “−” means it costs less. Grants are the sticker price minus the net price. Cost items: IPEDS, on-campus budget. Sticker and net price: College Scorecard, latest reported year; the adjustment reconciles the two. Net price is an average for first-time, full-time students receiving federal aid, not a quote.
Common questions about Ferrum College
What is the Ferrum College acceptance rate?
Ferrum College accepts 89% of applicants (College Scorecard). In the latest IPEDS admissions year, 1,483 of 1,483 applicants were admitted.
How much does Ferrum College cost per year?
The sticker price (cost of attendance) is $54,526 a year. After grants and scholarships, students receiving federal aid pay $20,082 a year on average; families earning $0–30k pay $16,940 and families earning $110k+ pay $24,346.
How much do Ferrum College graduates earn?
Former Ferrum College students earn a median $44,296 ten years after starting college, compared with a U.S. median of $53,263 across the colleges we cover.
What is the Ferrum College graduation rate?
32% of first-time, full-time students graduate within six years, and 64% return for their second year.
Is Ferrum College the right fit for your family?
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Sources on this page: U.S. Department of Education College Scorecard and IPEDS; U.S. Census Bureau (ACS); Bureau of Labor Statistics (OEWS, Employment Projections); Bureau of Economic Analysis; HUD; NOAA; FEMA; Urban Institute Education Data Portal (ODC-By); Wikidata. “Colleges we cover” means colleges awarding bachelor's degrees to at least 100 undergraduates. Averages are not quotes; confirm costs with the school. How we score
Data: download this school's data (JSON) · Markdown · all datasets
Cite this: “Ferrum College: cost, admissions and outcomes,” EducationGuide.com, https://educationguide.com/colleges/ferrum-college (College Scorecard and IPEDS data).