All Undergraduate Financial Aid

At Ferris State University, 6,737 undergraduate students (73% of total 9,248 students) have received financial aid including grants, scholarships, and/or federal student loans. The average amount of aid received is $9,598.
Financial Aid Statistics (All Undergraduate Students) - Ferris State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Grant or Scholarship6,73773% $64,659,730$9,598
Pell Grants3,17234% $16,434,745$5,181
Federal Student Loan4,28246% $29,929,652$6,990

Beginning Undergraduate Students (Freshmen) Financial Aid

1,317 beginning undergraduate students (97% of total 1,359 enrolled freshmen) have received financial aid including grants, scholarships, and/or federal student loans at Ferris State University. The average amount of aid received is $11,128.
Financial Aid Statistics (First-time Full-time Beginning Undergraduate Students) - Ferris State
Type of AidNumber Receiving AidPercent Receiving Aid Total Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid1,31797% --
Grants or Scholarships1,27194%$14,144,142$11,128
Federal Grants59344%$3,450,701$5,819
Pell Grants58243%$3,177,937$5,460
Other Federal Grants20115%$272,764$1,357
State/Local Grants43032%$4,712,476$10,959
Institutional Grants1,14884%$5,980,965$5,210
Student Loan Aid70752%$5,562,586$7,868
Federal Student Loans68951%$3,614,357$5,246
Other Student Loans14210%$1,948,229$13,720

Grants and Scholarship Aid By Income Level (Paying In-State Tuition)

The next table shows the number of students awarded and the average grants/scholarship aid amount by income level for the academic year 2021-2022 at Ferris State University. The sources of grants and scholarship aid are the federal government, state/local government, or the institution. For the statistics, only students who paid the in-state or in-district tuition rate are considered.
Grants of Scholarship Aid Statistics By Income Level
Income LevelNumber of StudentsNumber of Students AwardedTotal Amount Aid Awarded Average Amount Aid Awarded
All level958922$11,805,794$12,323
0-30,000315315$5,943,905$18,870
30,001-48,000158158$2,471,699$15,644
48,001-75,000130125$1,431,843$11,014
75,001-110,000153145$1,068,083$6,981
110,001 or more202179$890,264$4,407


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