Ferris awards more than $86 million in financial assistance to students each year. The Honors Residential Life Scholarship, which is renewable for three years, awards you $2,000 annually toward the cost of a private room in one of the Honors halls. It can be added to other scholarships as well. Students who are admitted to Ferris State University by January 10th are automatically considered for various academic scholarships, which are based on ACT/SAT/high school GPA scores. For more information, please contact the Financial Aid Office.