Michigan students paid $11,788 to attend the four-year public institution this year – $11,788 more than the $0 charged for 2017-18.
Data shows 97 percent of full-time undergraduates who started school in 2015-16 received student financial aid in some form. In all, 1,678 students received grants or scholarships totaling $15.7 million and 1,212 students took out student loans totaling more than $9.1 million.
Including all undergraduates (13,250), 8,702 students used grants or scholarships totaling $70.1 million, and 7,005 students took out $51.8 million in federal student loans.
The cost of attending
Enrollment | 2015-16 | 2016-17 | 2017-18 | 2018-19 | Change in tuition and fees 2015-16 to 2018-19 | |
---|---|---|---|---|---|---|
In-state | ~12,323 | $0 | $0 | $0 | $11,788 | Inf% |
Undergraduate financial aid
The following data includes only full-time students who began an undergraduate program at Ferris State University in 2015-16.Type of Aid | Number of students receiving aid | Percent receiving aid | Total amount of aid received | Average amount of aid per student |
---|---|---|---|---|
Federal grants | 839 | 47% | $4,303,765 | $5,130 |
State / local grant or scholarship | 502 | 28% | $4,070,729 | $8,109 |
Institutional grants or scholarships | 1,418 | 80% | $7,372,209 | $5,199 |
Grant or scholarship aid total | 1,678 | 94% | $15,746,703 | $9,384 |
Federal student loans | 1,198 | 67% | $6,853,432 | $5,721 |
Other student loans | 211 | 12% | $2,221,269 | $10,527 |
Student loan aid | 1,212 | 68% | $9,074,701 | $7,487 |
Total student aid | 1,721 | 97% | - | - |