Ferris State University

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2016 Undergraduate Tuition

$11,144

2.84% growth from 2015

2016 Average Net Price

$13,204

After Financial Aid

2015 Student Loan

7.31%

Default Rate

2016 Acceptance Rate

77.7%

10,883 Applicants

2016 Enrolled Students

14,187

68% Full-Time

2016 Graduation Rate

44.4%

319 Graduates

About

Ferris State University is a higher education institution located in Mecosta County, MI. In 2016, the most popular Bachelor's Degree concentrations at Ferris State University were Criminal Justice - Police Science (310 degrees awarded), Registered Nursing (268 degrees), and General Business Administration & Management (205 degrees).

In 2016, 4,219 degrees were awarded across all undergraduate and graduate programs at Ferris State University. 49.8% of these degrees were awarded to women, and 50.2% awarded men. The majority of degree recipients were white (3,342 degrees), 16.6 times more than then the next closest race/ethnicity group, black or african american (201 degrees).

The median undergraduate tuition at Ferris State University is $11,144, which is $-9,016 less than the national average for Masters Colleges and Universities ($20,160).

Costs

The median undergraduate tuition at Ferris State University is $11,144, which is $-9,016 less than the national average for Masters Colleges and Universities ($20,160).

After taking grants and loans into account, the average net price for students is $13,204.

In 2016, 70% of undergraduate students received federal grants, while 60% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$11,144

2016 Undergraduate Tuition

In 2016, the cost of tuition at Ferris State University was $11,144. The cost of tuition at Ferris State University is $-9,016 less than than the overall (public and private) national average for Masters Colleges and Universities ($20,160).

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

$13,204

2016 Value

3.05%

1 Year Growth

In 2016 Ferris State University had an average net price — the price paid after factoring in grants and loans — of $13,204. Between 2015 and 2016, the average net price of Ferris State University grew by 3.05%.

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

$8,781

Room and Board

$914

Books and Supplies

The average yearly cost of room and board at Ferris State University was of $8,781 in 2016. During the same period, the average yearly cost of books and supplies was $914. The cost of room and board decreased by 4.64% between 2015 and 2016. The cost of books and supplies increased by 1.56% 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

Financial Aid by Income Level

70%

Of Undergraduates Receive Grants

60%

Of Undergraduates Receive Federal Loans

70% of undergraduate students at Ferris State University received grants or loans in 2016. This represents a growth of 1.45% with respect to 2015, when 69% 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.

7.31%

2015 Default Rate

307

Number of Defaults

In 2015 the default rate for borrower's at Ferris State University was 7.31%, which represents 307 out of the 4198 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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Admissions

Ferris State University received 10,883 undergraduate applications in 2016, which represents a 5.69% annual growth. Out of those 10,883 applicants, 8,455 students were accepted for enrollment, representing a 77.7% acceptance rate.

There were 14,187 students enrolled at Ferris State University in 2016, and 3% of first-time enrollees submitted SAT scores with their applications.

Ferris State University has an overall enrollment yield of 21.6%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

77.7%

Acceptance Rate in 2016

8,455

Accepted Out of 10,883

In 2016, the undergraduate acceptance rate of Ferris State University was 77.7% (8,455 admissions from 10,883 applications). This is lower than the acceptance rate of 2015, which was 78.2%. Between 2015 and 2016, the number of applicants grew by 5.69%, while admissions grew by 5.03%.

This chart compares the acceptance rate of Ferris State University (in red) with that of other similar universities.

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SAT Scores

3%

Submission Percentage

51

Scores Submitted

3% of enrolled first-time students at Ferris State University in 2016 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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Enrollment

Ferris State University has a total enrollment of 14,187 students. The full-time enrollment at Ferris State University is 9,642 students and the part-time enrollment is 4,545. This means that 68% of students enrolled at Ferris State University are enrolled full-time.

The enrolled student population at Ferris State University, both undergraduate and graduate, is 77.6% White, 6.75% Black or African American, 4.76% Hispanic or Latino, 3.23% Two or More Races, 1.51% Asian, 0.571% American Indian or Alaska Native, and 0.0846% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ferris State University in full-time Undergraduate programs are majority White Male (39.5%), followed by White Female (39.2%) and Black or African American Female (3.7%). Students enrolled in full-time Graduate programs are majority White Female (33.7%), followed by White Male (23.6%) and Hispanic or Latino Male (1.98%).

Full-Time vs Part-Time Enrollment

68%

Full-Time Enrollment

The total enrollment at Ferris State University, both undergraduate and graduate, is 14,187 students. The full-time enrollment at Ferris State University is 9,642 and the part-time enrollment is 4,545. This means that 68% of students enrolled at Ferris State University are enrolled full-time compared with 68.7% 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

75%

2016 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 75%. Compared with the full-time retention rate at similar Masters Colleges and Universities (75%), Ferris State University had a retention rate approximately the same as 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

  1. White

    11,013

  2. Black or African American

    958

  3. Hispanic or Latino

    675

The enrolled student population at Ferris State University is 77.6% White, 6.75% Black or African American, 4.76% Hispanic or Latino, 3.23% Two or More Races, 1.51% Asian, 0.571% American Indian or Alaska Native, and 0.0846% 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 54.7% White, 14.3% Hispanic or Latino, and 13.3% 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, 386 students (2.72%) did not report their race.

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Graduates

In 2016, 21 fewer women than men received degrees from Ferris State University. The majority of degree recipients at Ferris State University are white (3,342 degrees awarded). There were 16.6 times more white graduates than the next closest race/ethnicity group, black or african american (201 degrees).

The most common Bachelor's Degree concentration at Ferris State University is Criminal Justice - Police Science (310 degrees awarded), followed by Registered Nursing (268 degrees) and General Business Administration & Management (205 degrees).

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 Engineering Technologies (564 degrees awarded), Communication Technologies (76 degrees), and Protective Services (467 degrees).

Workforce

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 Designers (199,328 people), Miscellaneous managers (171,515 people), Elementary & middle school teachers (153,637 people), Police officers (129,897 people), and Postsecondary teachers (65,313 people).

The most specialized majors at Ferris State University are Engineering Technologies (564 degrees awarded), Communication Technologies (76 degrees), Protective Services (467 degrees), Visual & Performing Arts (320 degrees), and Precision Production (86 degrees).

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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 Securities, commodities, & financial services sales agents, Dentists, Dental hygienists, Physicians & surgeons, and Firstline supervisors of nonretail sales workers

The most specialized majors at Ferris State University are Engineering Technologies (564 degrees awarded), Communication Technologies (76 degrees), Protective Services (467 degrees), Visual & Performing Arts (320 degrees), and Precision Production (86 degrees).

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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 (320,687 people), Elementary & secondary schools (278,737 people), Colleges, universities & professional schools, including junior colleges (158,553 people), Computer Systems Design (117,928 people), and Hospitals (97,271 people).

The most specialized majors at Ferris State University are Engineering Technologies (564 degrees awarded), Communication Technologies (76 degrees), Protective Services (467 degrees), Visual & Performing Arts (320 degrees), and Precision Production (86 degrees).

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Degrees

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

  1. 310 degrees awarded

  2. 268 degrees awarded

  3. 205 degrees awarded

In 2016, the most common bachelors degree concentration at Ferris State University was Criminal Justice - Police Science with 310 degrees awarded.

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

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Gender Breakdown for Common Majors

Degrees Awarded to Men

  1. 2,120

  2. 2,099

In 2016, 2,120 degrees were awarded to men at Ferris State University, which is 1.01 times more than the number of degrees awarded to females (2,099).

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

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Most Common Male Majors

In 2016, 191 degrees were awarded to men at Ferris State University in Criminal Justice - Police Science, which is 1.01 times more than the 190 female recipients with that same degree.

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Most Common Female Majors

In 2016, 240 degrees were awarded to women at Ferris State University in Registered Nursing, which is 8.57 times more than the 28 male recipients with that same degree.

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Time to Complete

21%

100% Completion Time

48%

150% Completion Time

In 2016, 21% of students graduating from Ferris State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 51% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

Black or African American Female

Highest Graduation Rate (58.3%)

The student demographic with the highest graduation rate at Ferris State University is Female and Black or African American (58.3% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (67.2%).

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, 7.21% of graduates (23 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity

  1. White

    3,342 degrees awarded

  2. Black or African American

    201 degrees awarded

  3. Unknown

    139 degrees awarded

The most common race/ethnicity at Ferris State University is white (3,342 degrees awarded). There were 16.6 times more white recipients than the next closest race/ethnicity group, black or african american (201 degrees).

3.29% of degree recipients (139 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic

  1. White Female

    1,699 degrees awarded

  2. White Male

    1,643 degrees awarded

  3. Black or African American Female

    112 degrees awarded

The most common race/ethnicity and gender grouping at Ferris State University is white female (1,699 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (1,643 degrees).

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Operations

Ferris State University has an endowment valued at nearly $48.5M, as of the end of the 2015 fiscal year. The return on its endowment was of $1.44M (2.98%), compared to the 2.07% average return ($597k on $28.9M) across all Masters Colleges and Universities.

In 2015, Ferris State University had a total expenditure of $253M. Of that $253M, they spent $122M on salaries and $253M on benefits.

Ferris State University employs 198 Professors, 164 Assistant professors, and 130 Associate professors. Most academics at Ferris State University are Male Professors (125), Male Assistant professors(82), and Female Assistant professors (82).

The most common positions for non-instructional staff at Ferris State University are: Office and Administrative Support, with 247 employees, Service, with 205 employees, and Management with 99 employees.

Finances

Endowment

$48.5M

2015 Endowment

4.75%

growth from 2014

Ferris State University has an endowment valued at about $48.5M, as of the end of the 2015 fiscal year. The endowment of Ferris State University grew 4.75% from the previous year. The value of their endowment was $19.7M 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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Government Grants and Contracts

Grants & Contracts

  1. $2.51M - Federal

  2. $876k - State

  3. $0 - Local

As of 2015, Ferris State University received $2.51M in grants and contracts from the federal government, $876k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Primary Expenses

Expenditure values can vary depending on whether the institution is public or private, and are not available for private-for-profit schools.

$122M

Salary Expenditure

$253M

Benefits Expenditure

In 2015, Ferris State University had a total expenditure of $253M. Of that $253M, they spent $122M on salaries and $253M on benefits.

The bar chart shows the share of the primary expenses at Ferris State University over time, and the line chart shows the expenditure for solely salaries and benefits over time compared to the median for the Masters Colleges and Universities Carnegie Classification grouping.

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Expenditure by Category

This tree map shows all of the primary expenses of Research at Ferris State University as a share of total expenditure.

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Salary Expenditure

$122M

2015 Salaries

5.36%

growth from 2014

In 2015, Ferris State University paid a median of $122M in salaries, which represents 48.3% of their overall expenditure ($253M) and a 5.36% growth from the previous year. This is compared to a 1.63% growth from 2013 and a 5.69% growth from 2012.

The median for similar Masters Colleges and Universities is 31.3M (42.2% of overall expenditures).

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Instructional Salaries

$46.8M

Instructional Salaries

589

Number of Employees

In 2015, Ferris State University paid a total of $46.8M to 589 employees working as instructors, which represents 38.4% of all salaries paid.

This is compared to a median of $9.7M (31%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor

Most Common Instructor

198 Employees

Office and Administrative Support

Most Common Non-Instructional Employee

247 Employees

In 2016, the most common positions for instructional staff at Ferris State University were Professor with 198 employees; Assistant professor with 164 employees; and Assistant professor with 130 employees.

In 2016, the most common positions for non-instructional staff at Ferris State University were Office and Administrative Support with 247 employees; Service with 205 employees; and Management with 99 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic

  1. Male Professor

  2. Male Assistant professor

  3. Female Assistant professor

In 2016, the most common demographic for instructional staff at Ferris State University was Male Professor with 125 employees, Male Assistant professor with 82 employees, and Female Assistant professor with 82 employees.

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

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