Ferrum College

What the IPEDS & College Scorecard Data Shows for Ferrum College

Ferrum College operates as a private nonprofit institution located in Ferrum, Virginia (rural: distant), with a total reported enrollment of 699 students of which 946 are undergraduates. Institution-level records in the Integrated Postsecondary Education Data System (IPEDS) classify each school by Carnegie category, ownership sector, and urban/rural locale, which is how this profile’s peer group and cost cohort are determined. Ferrum College is categorized as “22” under the Carnegie classification system, a meaningful signal when comparing like-to-like institutions.

Selectivity and financial signals give context to what applicants can expect. The reported admission rate is 89.0%, drawn from the most recent IPEDS Fall enrollment survey and an ACT midpoint of 21. The average net price after grants and scholarships is $20,082, with published in-state tuition of $28,520 and a Pell grant recipient share of 54.3%. Median federal student debt at graduation is $27,000, drawn from the U.S. Treasury-matched College Scorecard file.

Outcomes reveal whether the investment pays back. The 4-year completion rate is 30.5%, and the first-year retention rate is 64.1%. Graduates earn a median of $44,296 ten years after enrolling, compared with $36,418 six years post-enrollment. Within three years of entering repayment, 114300.0% of borrowers are making progress on their federal loans, and 52.5% of graduates earn above the high-school threshold. Treating these numbers as a single snapshot alongside the cost cohort is the standard approach for evaluating ROI under the College Scorecard methodology.