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Ferrum College

Ferrum, VA·Private nonprofit·699 students
Last updated: March 22, 2026

A good fit for students who want accessible admissions and students who want small classes and close faculty access. graduation rate is below 40%; freshman retention is below 65%. 54% of students receive Pell Grants — strong access mission.

89%
Accept
699
Students
$20,082
Net Price
32%
Grad Rate
$41,100
Earnings
10 yr
$27,000
Debt

About This School

Ferrum College is a private nonprofit institution located in Ferrum, Virginia with approximately 699 undergraduate students enrolled. Ferrum College has an open or accessible admissions process, with an acceptance rate of 89%. The average net price after financial aid is $20,082 per year. The graduation rate is 32%, and the typical graduate earns $41,100 within 10 years of enrollment.

Ferrum College is a private college in Ferrum, Virginia. The college was established in 1913 as the "Ferrum Training School" for primary and secondary education to serve the mountain communities of rural Southwest Virginia.

The numbers tell a mixed story here: a 100% acceptance rate and relatively low median debt ($14,250) make this an accessible option for students who need a second chance or a smaller, more personal environment, but a 29% graduation rate and 59% freshman retention rate are serious red flags suggesting many students struggle to finish. Worth considering only if you have a clear plan to stay enrolled and strong support systems in place, since median earnings of $41,100 a decade out are modest for the cost. Students who thrive here tend to need the close-knit rural campus setting — if that's not you, look elsewhere first.

Founded
1913
Setting
Distant rural
Religious Affiliation
Wesleyan
Avg Faculty Salary
$5,763

Popular Programs

Health Professions19%
Business & Marketing10%
Education10%
Psychology4%
Visual & Performing Arts4%
Computer Science4%
Biological Sciences2%
Communications2%

Percentage of degrees awarded. Source: College Scorecard.

Admissions

Test Policy: Considered but not required

SAT Scores

Average CompositeN/A

ACT Scores

Midpoint Composite21

Cost & Financial Aid

In-State Tuition
$28,520
Out-of-State Tuition
$28,520
Avg Net Price
$20,082
after aid

Net Price by Family Income

Under $30k$16,940
$30–48k$16,493
$48–75k$19,967
$75–110k$22,505
$110k+$24,346

Average annual cost after grants/scholarships, by household income. Source: U.S. Department of Education College Scorecard.

Financial Aid

Students receiving Pell Grants54%
Median debt at graduation$27,000

Full Cost

After Graduation

Graduation Rate
32%
within 6 years
Retention Rate
64%
freshmen returning
Earnings (10 yr)
$41,100
after enrollment
Median Debt
$27,000
at graduation

Earnings 6 Years After Enrollment, by Gender

Male graduates$29,500
Female graduates$26,100

Gap: 12% less for female graduates. National avg ~16%.

Will This School Pay Off?

Median Debt
$27,000
at graduation
Earnings (6 yr)
$28,100
after enrollment
Earnings (10 yr)
$41,100
after enrollment
Earnings-to-Debt Ratio: 1.5x

Solid return. Earnings outpace debt, though major choice matters.

Earnings data from the U.S. Department of Education College Scorecard. These are means across all graduates, not specific to any major.

Student Body

White49%
Black21%
Hispanic/Latino6%
Asian1%
Two or more races4%
International1%

Source: U.S. Department of Education College Scorecard (699 undergraduates).

Contact & Location

Address

Ferrum College

215 Ferrum Mountain Road

Ferrum, VA 24088-9000

View on Google Maps →

Other Schools in Virginia

Browse all Virginia schools →

Sources & Methodology

Data

Primary data source: U.S. Department of Education College Scorecard. Accessed via automated sync. Latest values may come from different reporting years depending on the metric.

Contextual Enrichment

School overview from Wikipedia. Used for context only, not as a primary data source for admissions, cost, or outcomes claims.

Important Caveats
  • Earnings figures are institution-level averages, not major-specific.
  • Some metrics are based on Title IV financial aid recipients only.
  • Some values may be privacy-suppressed or rolled up by the Department of Education.
  • Contact the school directly for current admissions requirements and costs.
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