1301 S. State Street
IRC 131
Big Rapids, MI 49307-2737
[email protected]
(231) 591-2470
Loans and Federal Economic Aid
All federal aid is based on the student's need and does not have to be repaid. Pell Grant is automatically awarded to eligible students through their Free Application for Federal Student Aid (FAFSA) application. Students without immigration status are not eligible for federal financial aid. If you are undocumented, do not submit the FASFA form. If you are unsure, contact the Hispanic/Latino Cultural Center or the Financial Aid Office.
List of Loan Programs and Federal Economic Aid
Federal Direct Loans
Federal Parent PLUS Loan
Federal Graduate PLUS Loan
Health Professions Loan
Nursing Loan
Federal Grants links
How much?
How much does a Ferris student borrow on average?
The following table illustrates the average amount students borrowed in loans based on the type of degree they earned after graduating.
Average indebtedness of Ferris Graduates 2012/2013
Achieved Title | Average debt per student* |
---|---|
Technical | $21,456 |
Bachelor's degree | $27,224 |
Master's degree | $32,035 |
Professional | $81,742 |
*The average includes students who do not have debt.