Ferris State University

www.ferris.edu

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2022 Undergraduate Tuition

$13,608

3.18% growth from 2021

2022 Average Net Price

$13,978

After Financial Aid

2020 Default Rate

on Student Loans

2022 Enrolled Students

10,072

72% Full-Time

2022 Graduation Rate

57.2%

376 Graduates

About

Ferris State University is a higher education institution located in Mecosta County, MI. In 2022, the most popular Bachelors Degree concentrations at Ferris State University were Criminal Justice - Police Science (222 degrees awarded), General Business Administration & Management (160 degrees), and Registered Nursing (107 degrees).

In 2022, 3,363 degrees were awarded across all undergraduate and graduate programs at Ferris State University. 54% of these degrees were awarded to women, and 46% awarded men. The most common race/ethnicity group of degree recipients was white (2,661 degrees), 14.2 times more than then the next closest race/ethnicity group, black or african american (188 degrees).

The median undergraduate tuition at Ferris State University is $13,608, which is $−10,388 less than the national average for Masters Colleges and Universities ($23,996).

In 2020 the default rate for borrower's at Ferris State University was 0%, corresponding to 0 out of the 3405 total borrowers.

Masters Colleges & Universities: Medium Programs Masters Colleges and Universities

Costs

In 2022, the median undergraduate tuition at Ferris State University is $13,608, which is $10,388 less than the national average for Masters Colleges and Universities ($23,996).

After taking grants and loans into account, the average net price for students is $13,978.

In 2022, 73% of undergraduate students attending Ferris State University received financial aid through grants. Comparatively, 46% of undergraduate students received financial aid through loans.

Tuition Costs

$13,608

2022 Undergraduate Tuition

In 2022, the cost of tuition at Ferris State University was $13,608. The cost of tuition at Ferris State University is $−10,388 less than than the overall (public and private) national average for Masters Colleges and Universities ($23,996).

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

Average Net Price

$13,978

2022 Value

2.6%

1 Year Growth

In 2022 Ferris State University had an average net price — the price paid after factoring in grants and loans — of $13,978. Between 2021 and 2022, the average net price of Ferris State University grew by 2.6%.

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.

Other Student Expenses

$9,169

Room and Board

$828

Books and Supplies

The average yearly cost of room and board at Ferris State University was of $9,169 in 2022. The cost of room and board increased by 2.31% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $828. The cost of books and supplies increased by 1.47% during the same period.

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

Financial Aid by Income Level

73%

Undergraduates Receiving Financial Aid through Grants

46%

Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Ferris State University received financial aid through grants or loans in 2022. This represents a growth of 0% with respect to 2021, when 73% 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.

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.

2020 Default Rate

Number of Defaults

In 2020 the default rate for borrower's at Ferris State University was 0%, which represents 0 out of the 3405 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.

Enrollment

Ferris State University had a total enrollment of 10,072 students in 2022. The full-time enrollment at Ferris State University is 7,248 students and the part-time enrollment is 2,824. This means that 72% of students enrolled at Ferris State University are enrolled full-time.

The enrolled student population at Ferris State University, both undergraduate and graduate, is 73.9% White, 8.68% Black or African American, 6.42% Hispanic or Latino, 3.1% Two or More Races, 1.77% Asian, 0.745% American Indian or Alaska Native, and 0.0894% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ferris State University in full-time Undergraduate programs are most commonly White Female (38.8%), followed by White Male (36.9%) and Black or African American Female (5.2%). Students enrolled in full-time Graduate programs are most commonly White Female (35%), followed by White Male (19.5%) and Asian Female (2.59%).

Full-Time vs Part-Time Enrollment

72%

Full-Time Enrollment

The total enrollment at Ferris State University in 2022, both undergraduate and graduate, is 10,072 students. The full-time enrollment at Ferris State University is 7,248 and the part-time enrollment is 2,824. This means that 72% of students enrolled at Ferris State University are enrolled full-time compared with 67.6% 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.

Retention Rate over Time

77%

2022 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.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)

White
7,444 enrolled students
Black or African American
874 enrolled students
Hispanic or Latino
647 enrolled students

The enrolled student population at Ferris State University is 73.9% White, 8.68% Black or African American, 6.42% Hispanic or Latino, 3.1% Two or More Races, 1.77% Asian, 0.745% American Indian or Alaska Native, and 0.0894% 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 51.2% White, 17.3% Hispanic or Latino, and 13% 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, 398 students (3.95%) did not report their race.

Graduates

In 2022, 271 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 (2,661 degrees awarded). There were 14.2 times more white recipients than the next closest race/ethnicity group, black or african american (188 degrees).

The most common Bachelor's Degree concentration at Ferris State University is Criminal Justice - Police Science (222 degrees awarded), followed by General Business Administration & Management (160 degrees) and Registered Nursing (107 degrees).

In 2022, 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 (106 degrees awarded), Engineering Technologies (541 degrees), and Protective Services (340 degrees).

Common Jobs by Major

Social workers, all other

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 Social workers, all other (182,012 people), Police officers (134,399 people), Other managers (106,772 people), Elementary & middle school teachers (78,426 people), and Software developers (42,994 people).

The most specialized majors at Ferris State University in 2022 are Communication Technologies (106 degrees awarded), Engineering Technologies (541 degrees), Protective Services (340 degrees), Precision Production (88 degrees), and Human Sciences (79 degrees) (as of 2022).

Highest Paying Jobs by Major

Cardiovascular technologists and technicians

Highest Paying Job

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, Photographic process workers & processing machine operators, Aircraft pilots & flight engineers, and Securities, commodities, & financial services sales agents

The most specialized majors at Ferris State University are Communication Technologies (106 degrees awarded), Engineering Technologies (541 degrees), Protective Services (340 degrees), Precision Production (88 degrees), and Human Sciences (79 degrees) (as of 2022).

Common Industries by Major

Justice, public order, & safety activities

Most Common Industry

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 (334,343 people), Elementary & secondary schools (216,590 people), Individual & family services (134,789 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (105,209 people), and Colleges, universities & professional schools, including junior colleges (84,614 people).

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 (2022)

Criminal Justice - Police Science
222 degrees awarded
General Business Administration & Management
160 degrees awarded
Registered Nursing
107 degrees awarded

In 2022, the most common bachelors degree concentration at Ferris State University was Criminal Justice - Police Science with 222 degrees awarded.

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

Sex Breakdown for Common Majors

1,546

Degrees Awarded to Men

in 2022

1,817

Degrees Awarded to Women

in 2022

In 2022, 1,546 degrees were awarded to men at Ferris State University, which is 0.851 times less than the number of degrees awarded to females (1,817).

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

Most Common Male Majors

In 2022, 105 degrees were awarded to men at Ferris State University in Criminal Justice - Police Science, which is 0.574 times less than the 183 female recipients with that same degree.

Most Common Female Majors

In 2022, 183 degrees were awarded to men at Ferris State University in Criminal Justice - Police Science, which is 1.74 times more than the 105 male recipients with that same degree.

Time to Complete

36%

100% Completion Time

59%

150% Completion Time

In 2022, 36% of students graduating from Ferris State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 59% completed their degrees within 150% of the normal time, and 60% 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.

Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.

American Indian or Alaska Native Female

Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Ferris State University is Female and American Indian or Alaska Native (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (73.2%).

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, 1.6% of graduates (6 students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)

White
2,661 degrees awarded
Black or African American
188 degrees awarded
Hispanic or Latino
165 degrees awarded

The most common race/ethnicity at Ferris State University is white (2,661 degrees awarded). There were 14.2 times more white recipients than the next closest race/ethnicity group, black or african american (188 degrees).

2.8% of degree recipients (94 students) did not report their race.

Race & Ethnicity by Sex

Most Common Sex Demographic (2022)

White Female
1,392 degrees awarded
White Male
1,269 degrees awarded
Black or African American Female
125 degrees awarded

The most common race/ethnicity and sex grouping at Ferris State University is white female (1,392 degrees awarded). There were 1.1 times more white female recipients than the next closest race/ethnicity group, white male (1269 degrees).

Operations

Ferris State University has an endowment valued at nearly $114M, as of the end of the 2022 fiscal year. The return on its endowment was of −15.6M (−13.7%) compared to the 0.773% average return (360k on 46.6M) across all Masters Colleges and Universities.

In 2022, Ferris State University had a total salary expenditure of 233M. Ferris State University employs 176 Professors, 150 Associate professors and 58 No academic ranks. Most academics at Ferris State University are Male Professor (102), Male Associate professor (81), and Female Professor (74).

The most common positions for non-instructional staff at Ferris State University are: Service, with 159 employees, Office and Administrative Support, with 139 employees, and Management with 124 employees.

Endowment

$114M

2022 Endowment

1.97%

decline from 2021

Ferris State University has an endowment valued at about $114M, as of the end of the 2022 fiscal year. The endowment of Ferris State University declined 1.97% from the previous year. The value of their endowment was $67.2M 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.

Salary Expenditure

$111M

2022 Salaries

4.97%

decline from 2021

In 2022, Ferris State University paid a median of $111M in salaries, which represents 47.8% of their overall expenditure ($233M) and a 4.97% decline from the previous year. This is compared to a 7.07% decline between 2020 and 2021, and a 3.18% growth between 2019 and 2020.

The median for similar Masters Colleges and Universities is 36.1M (39.6% of overall expenditures).

Instructional Salaries

$42.5M

Instructional Salaries

443

Number of Employees

In 2022, Ferris State University paid a total of $42.5M to 443 employees working as instructors, which represents 38.2% of all salaries paid.

This is compared to a median of $11.3M (31.2%) for similar Masters Colleges and Universities.

Occupations by Share

Professor

Most Common Instructor

176 Employees

Service

Most Common Non-Instructional Employee

159 Employees

In 2022, the most common positions for instructional staff at Ferris State University were Professor with 176 employees, Associate professor with 150 employees, and No academic rank with 58 employees.

In 2022, the most common positions for non-instructional staff at Ferris State University were Service with 159 employees, Office and Administrative Support with 139 employees, and Management with 124 employees.

Instructors by Academic Rank and Sex

Most Common Demographic (2022)

Male Professor
Male Associate professor
Female Professor

In 2022, the most common demographic for instructional staff at Ferris State University was Male Professor with 102 employees, Male Associate professor with 81 employees, and Female Professor with 74 employees.

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

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