Ferris State University

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2019 Undergraduate Tuition
$12,376
3.27% growth from 2018
2019 Average Net Price
$13,097
After Financial Aid
2017 Student Loan
7.26%
Default Rate
2019 Acceptance Rate
86.6%
9,175 Applicants
2019 Enrolled Students
12,472
69% Full-Time
2018 Graduation Rate
58.3%
450 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 (286 degrees awarded), General Business Administration & Management (207 degrees), and Registered Nursing (187 degrees).

In 2019, 4,111 degrees were awarded across all undergraduate and graduate programs at Ferris State University. 50.5% of these degrees were awarded to women, and 49.5% awarded men. The most common race/ethnicity group of degree recipients was white (3,321 degrees), 18 times more than then the next closest race/ethnicity group, hispanic or latino (185 degrees).

The median undergraduate tuition at Ferris State University is $12,376, which is $−9,650 less than the national average for Masters Colleges and Universities ($22,027).

Costs

The median undergraduate tuition at Ferris State University is $12,376, which is $−9,650 less than the national average for Masters Colleges and Universities ($22,027).

After taking grants and loans into account, the average net price for students is $13,097.

In 2019, 69% of undergraduate students received federal grants, while 53% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$12,376
2019 Undergraduate Tuition

In 2019, the cost of tuition at Ferris State University was $12,376. The cost of tuition at Ferris State University is $−9,650 less than than the overall (public and private) national average for Masters Colleges and Universities ($22,027).

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

$13,097
2019 Value
1.9%
1 Year Growth

In 2019 Ferris State University had an average net price — the price paid after factoring in grants and loans — of $13,097. Between 2018 and 2019, the average net price of Ferris State University grew by 1.9%.

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

$9,210
Room and Board
$840
Books and Supplies

The average yearly cost of room and board at Ferris State University was of $9,210 in 2019. During the same period, the average yearly cost of books and supplies was $840. The cost of room and board increased by 2.21% between 2018 and 2019. The cost of books and supplies decreased by 8.1% during the same period.

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Financial Aid

Financial Aid by Income Level

69%
Of Undergraduates Receive Grants
53%
Of Undergraduates Receive Federal Loans

69% of undergraduate students at Ferris State University received grants or loans in 2019. This represents a decline of 1.43% with respect to 2018, when 70% 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.
7.26%
2017 Default Rate
288
Number of Defaults

In 2017 the default rate for borrower's at Ferris State University was 7.26%, which represents 288 out of the 3965 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 9,175 undergraduate applications in 2019, which represents a 10.8% annual decline. Out of those 9,175 applicants, 7,949 students were accepted for enrollment, representing a 86.6% acceptance rate.

There were 12,472 students enrolled at Ferris State University in 2019, and 94% of first-time enrollees submitted SAT scores with their applications.

Ferris State University has an overall enrollment yield of 23.8%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

86.6%
Acceptance Rate in 2019
7,949
Accepted Out of 9,175

In 2019, the undergraduate acceptance rate of Ferris State University was 86.6% (7,949 admissions from 9,175 applications). This is higher than the acceptance rate of 2018, which was 80.9%. Between 2018 and 2019, the number of applicants declined by −10.8%, while admissions declined by −4.46%.

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

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SAT Scores

94%
Submission Percentage
1,771
Scores Submitted

94% of enrolled first-time students at Ferris State University in 2019 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 12,472 students. The full-time enrollment at Ferris State University is 8,600 students and the part-time enrollment is 3,872. This means that 69% of students enrolled at Ferris State University are enrolled full-time.

The enrolled student population at Ferris State University, both undergraduate and graduate, is 76.2% White, 7.75% Black or African American, 6.01% Hispanic or Latino, 3.91% Two or More Races, 1.46% Asian, 0.529% American Indian or Alaska Native, and 0.0641% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Ferris State University in full-time Undergraduate programs are most commonly White Male (38.6%), followed by White Female (38.3%) and Black or African American Female (4.81%). Students enrolled in full-time Graduate programs are most commonly White Female (37.1%), followed by White Male (20.5%) and Asian Female (1.83%).

Full-Time vs Part-Time Enrollment

69%
Full-Time Enrollment

The total enrollment at Ferris State University, both undergraduate and graduate, is 12,472 students. The full-time enrollment at Ferris State University is 8,600 and the part-time enrollment is 3,872. This means that 69% of students enrolled at Ferris State University are enrolled full-time compared with 69.2% 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

76%
2019 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 76%. Compared with the full-time retention rate at similar Masters Colleges and Universities (74%), 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
  1. White
    9,498
  2. Black or African American
    967
  3. Hispanic or Latino
    750

The enrolled student population at Ferris State University is 76.2% White, 7.75% Black or African American, 6.01% Hispanic or Latino, 3.91% Two or More Races, 1.46% Asian, 0.529% American Indian or Alaska Native, and 0.0641% 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 53.3% White, 16% Hispanic or Latino, and 12.9% 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, 325 students (2.61%) did not report their race.

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Graduates

In 2019, 43 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 (3,321 degrees awarded). There were 18 times more white graduates than the next closest race/ethnicity group, hispanic or latino (185 degrees).

The most common Bachelor's Degree concentration at Ferris State University is Criminal Justice - Police Science (286 degrees awarded), followed by General Business Administration & Management (207 degrees) and Registered Nursing (187 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 Communication Technologies (115 degrees awarded), Engineering Technologies (607 degrees), and Protective Services (464 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 Other managers (147,851 people), Police officers (136,510 people), Elementary & middle school teachers (125,767 people), Graphic designers (101,573 people), and Postsecondary teachers (73,085 people).

The most specialized majors at Ferris State University are Communication Technologies (115 degrees awarded), Engineering Technologies (607 degrees), Protective Services (464 degrees), Precision Production (109 degrees), and Visual & Performing Arts (235 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 Lawyers, & judges, magistrates, & other judicial workers, Chief executives & legislators, Physicians, Aircraft pilots & flight engineers, and Real estate brokers & sales agents

The most specialized majors at Ferris State University are Communication Technologies (115 degrees awarded), Engineering Technologies (607 degrees), Protective Services (464 degrees), Precision Production (109 degrees), and Visual & Performing Arts (235 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 (334,628 people), Elementary & secondary schools (303,695 people), Colleges, universities & professional schools, including junior colleges (168,781 people), Computer Systems Design (118,247 people), and Construction (92,752 people).

The most specialized majors at Ferris State University are Communication Technologies (115 degrees awarded), Engineering Technologies (607 degrees), Protective Services (464 degrees), Precision Production (109 degrees), and Visual & Performing Arts (235 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. 286 degree-majorss awarded
  2. 207 degree-majorss awarded
  3. 187 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Ferris State University was Criminal Justice - Police Science with 286 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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Gender Breakdown for Common Majors

2,034
Degrees Awarded to Men
in 2019
2,077
Degrees Awarded to Women
in 2019

In 2019, 2,034 degrees were awarded to men at Ferris State University, which is 0.979 times less than the number of degrees awarded to females (2,077).

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 2019, 170 degrees were awarded to men at Ferris State University in Criminal Justice - Police Science, which is 0.791 times less than the 215 female recipients with that same degree.

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Most Common Female Majors

In 2019, 215 degrees were awarded to women at Ferris State University in Criminal Justice - Police Science, which is 1.26 times more than the 170 male recipients with that same degree.

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Time to Complete

22%
100% Completion Time
50%
150% Completion Time

In 2019, 22% of students graduating from Ferris State University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 50% completed their degrees within 150% of the normal time, and 52% 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.
Asian Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Ferris State University is Male and Asian (100% graduation rate). Across all Masters Colleges and Universities, Asian Female students have the highest graduation rate (69.1%).

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, 3.78% of graduates (17 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,321 degrees awarded
  2. Hispanic or Latino
    185 degrees awarded
  3. Black or African American
    179 degrees awarded

The most common race/ethnicity at Ferris State University is white (3,321 degrees awarded). There were 18 times more white recipients than the next closest race/ethnicity group, hispanic or latino (185 degrees).

2.6% of degree recipients (107 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    1,662 degrees awarded
  2. White Female
    1,659 degrees awarded
  3. Black or African American Female
    113 degrees awarded

The most common race/ethnicity and gender grouping at Ferris State University is white male (1,662 degrees awarded). There were 1 times more white male recipients than the next closest race/ethnicity group, white female (1,659 degrees).

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Operations

Ferris State University has an endowment valued at nearly $88M, as of the end of the 2019 fiscal year. The return on its endowment was of $8.99M (10.2%), compared to the 4.44% average return ($1.71M on $38.5M) across all Masters Colleges and Universities.

In 2019, Ferris State University had a total salary expenditure of $256M. Ferris State University employs 161 Professors, 144 Associate professors, and 99 Assistant professors. Most academics at Ferris State University are Male Professors (100), Male Associate professors(88), and Female Professors (61).

The most common positions for non-instructional staff at Ferris State University are: Office and Administrative Support, with 185 employees, Service, with 170 employees, and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 76 employees.

Finances

Endowment

$88M
2019 Endowment
11.8%
growth from 2018

Ferris State University has an endowment valued at about $88M, as of the end of the 2019 fiscal year. The endowment of Ferris State University grew 11.8% from the previous year. The value of their endowment was $49.6M 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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Government Grants and Contracts

Grants & Contracts
  1. $2.64M - Federal
  2. $498k - State
  3. $0 - Local

As of 2019, Ferris State University received $2.64M in grants and contracts from the federal government, $498k from state grants and contracts, and $0 from local grants and contracts.

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Expenses

Salary Expenditure

$122M
2019 Salaries
2.77%
decline from 2018

In 2019, Ferris State University paid a median of $122M in salaries, which represents 47.6% of their overall expenditure ($256M) and a 2.77% decline from the previous year. This is compared to a 3.5% decline from 2017 and a 4.88% growth from 2016.

The median for similar Masters Colleges and Universities is 34.1M (40.6% of overall expenditures).

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Instructional Salaries

$42.9M
Instructional Salaries
472
Number of Employees

In 2019, Ferris State University paid a total of $42.9M to 472 employees working as instructors, which represents 35.2% of all salaries paid.

This is compared to a median of $11.2M (32.7%) for similar Masters Colleges and Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
161 Employees
Office and Administrative Support
Most Common Non-Instructional Employee
185 Employees

In 2019, the most common positions for instructional staff at Ferris State University were Professor with 161 employees; Associate professor with 144 employees; and Associate professor with 99 employees.

In 2019, the most common positions for non-instructional staff at Ferris State University were Office and Administrative Support with 185 employees; Service with 170 employees; and Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 76 employees.

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Instructors by Academic Rank and Gender

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

In 2019, the most common demographic for instructional staff at Ferris State University was Male Professor with 100 employees, Male Associate professor with 88 employees, and Female Professor with 61 employees.

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

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