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Ferrum College
215 Ferrum Mountain Road
Ferrum, VA 24088
Gen. Phone:  (540) 365-2121    Fax:  (540) 365-4269

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25 Most Popular Degrees Awarded 2023-24
Accounting, Agriculture, General, Biology/Biological Sciences, General, Business Administration and Management, General, Computer and Information Systems Security/Auditing/Information Assurance., Criminal Justice/Safety Studies, Drama and Dramatics/Theatre Arts, General, Elementary Education and Teaching, Environmental Science, Environmental Studies, Environmental/Natural Resource Recreation and Tourism., Finance, General, Forensic Science and Technology., General Studies, Health/Medical Preparatory Programs, Other, History Teacher Education, History, General, Mass Communication/Media Studies, Music Performance, General, Parks, Recreation and Leisure Studies, Physical Education Teaching and Coaching, Psychology, General, Registered Nursing/Registered Nurse, Social Work, Sport and Fitness Administration/Management


SCHEV Program Inventory


SAT is an imperfect predictor of college readiness and success and it is only one of many factors in admissions.
This report does not assume any particular merit or value in the SAT, it merely highlights institutional differences in distributions and mean averages.
Admission Summary, 2023-24 First-Time in College
DomicileAppliedAcceptedAcceptance RateEnrolledYield RateRejectedRejection Rate
In-State590589100%16929%10%
Out-of-State478478100%7415%00%


Admission Scores
TEST
Submitted Scores
25th Percentile
Median
75th Percentile
SAT-VerbalNANANANA
SAT-QuantitativeNANANANA
High School GPA1862.893.313.86
ACT_CompositeNANANANA




Admission Summary, 2023-24 Graduate
DomicileAppliedAcceptedAcceptance RateEnrolledYield RateRejectedRejection Rate
In-State1616100%1381%00%
Out-of-State1111100%436%00%







Fall Headcount Enrollment
Fall TermUndergraduatesGraduate StudentsTotal First ProfessionalsTotal
Fall 2015 1,334001,334
Fall 2016 1,285001,285
Fall 2017 1,130001,130
Fall 2018 1,119001,119
Fall 2019 1,046001,046
Fall 2020 96000960
Fall 2021 86360869
Fall 2022 783200803
Fall 2023 775190794
Fall 2024 742380780


See the report E22: Fall Headcount: Trends in Race Ethnicity for definitions and additiional student levels.

Annualized Full-Time Equivalent (FTE) Enrollment
YearUndergraduateGraduateFirst ProfessionalTotal
18191,082001,082
19201,029001,029
2021976110987
212290790916
2223799160815

STEMH - Science, Technology, Engineering, Mathematics, and Health Professions


42% of all students entering in 2012-13 either graduated within an Extended Time-to-Completion or were continuing their enrollment in the final year of observation. These Student Success Index results are based on students completing at any Virginia institution.


Graduation Rates within Six Years


Groups with fewer than 10 students in the starting cohort will not display values. "Normal time" for an associate degree is two years, and four years for bachelor's degree, 150% of Normal time is three years and six years, respectively.




Students Transferring into Ferrum College
in Fall and Spring of the Designated Year to the institutions below.

*Starting cohorts of fewer than 10 will not display a graduation rate.
Transfer Enrollment
Average # New Transfers (2017-18 to 2020-21)Average # NewTransfers (2017-18 to 2020-21) Graduation RateAverage # New Transfers (2020-21 to 2023-24)
Blue Ridge Community College0 0
Brightpoint Community College0 0
Central Virginia Community College2 1
Danville Community College1 0
Germanna Community College0 1
J Sargeant Reynolds Community College0 0
Laurel Ridge Community College0 0
Mountain Empire Community College0 0
Mountain Gateway Community College0 0
New River Community College1 1
Northern Virginia Community College1 1
Patrick & Henry Community College6 5
Paul D Camp Community College0 0
Piedmont Virginia Community College0 0
Richard Bland College0 1
Southside Virginia Community College0 0
Southwest Virginia Community College0 0
Tidewater Community College0 0
Total Public Two-Year Institutions25 61%20
Virginia Community College System25 61%20
Virginia Peninsula Community College1 0
Virginia Western Community College9 6
Wytheville Community College0 0

*Starting cohorts of fewer than 10 will not display a graduation rate.




Debt of 2021-22 Graduates, Total Loans
Total GraduatesTotal BorrowersTotal Borrowing
Degree Level#% of All Graduates#% of All BorrowersAmount% of Total
Bachelors160100%138100%$8,194,268100%
Total160100%138100%$8,194,268100%



Note:
  • Associates: Includes graduates who received Bachelor's Credit and Occupational/Techincal Credit Associate degrees.
  • Bachelors: Includes graduates who received Four- and Five-Year Bachelor's degrees.
  • Graduate: Includes graduates who received Graduate Master's and Doctorate degrees.
Debt of Recent Graduates, Recent Trend
YearBorrowers (n)Borrowers (%)25th PercentileMedianMean75th Percentile
2017-1816184%$ 26,213$ 30,974$ 34,070$ 44,245
2018-1916882%$ 25,461$ 30,860$ 34,749$ 44,903
2019-2015989%$ 26,160$ 28,844$ 33,463$ 40,736
2020-2113586%$ 23,815$ 28,578$ 32,006$ 41,296
2021-2213886%$ 23,485$ 26,743$ 33,343$ 38,244


Student borrowing at graduation, excludes PLUS loans, in five-year rollups. Includes all known institutionally-processed
borrowing occuring at all public and nonprofit institutions in Virginia. Debt accrued outside Virginia in prior postsecondary activity
is not available.




Ferrum College, Four-Year Bachelor's Degree
Earnings in 2022Median WagePercentage of Graduates w/ Reported Wage
20 Years (2001-02 graduates)$66,00952%
15 Years (2006-07 graduates)$58,31752%
10 Years (2011-12 graduates)$54,13062%
8 Years (2013-14 graduates)$53,55361%
5 Years (2016-17 graduates)$47,61763%
3 Years (2018-19 graduates)$42,04560%
18 Months (2020-21 graduates)$33,58659%
Only years/programs meeting disclosure rules will be displayed to protect individual confidentiality.

Wages in 2022
Years Post-Completion10th Percentile25th PercentileMedian75th Percentile90th Percentile
80% of graduates with full-time wages fall within this range
20 Years (2001-02 graduates)$37,651$51,416$66,009$91,430$155,672
15 Years (2006-07 graduates)$30,307$46,386$58,317$79,631$110,690
10 Years (2011-12 graduates)$29,146$43,128$54,130$72,164$100,752
8 Years (2013-14 graduates)$28,781$40,843$53,553$68,110$93,180
5 Years (2016-17 graduates)$24,017$36,431$47,617$59,745$76,757
3 Years (2018-19 graduates)$20,300$30,346$42,045$53,432$65,125
18 Months (2020-21 graduates)$15,090$23,000$33,586$43,708$52,890
As reminder, the median value represents the very middle value of the sample of values (wage or debt) sorted from low to high. This value is found in the middle line of the barcharts.
The remaining values in the chart are constructed similarly, to display how wages and earnings are distributed. Thus, while the median tells us the middle wage, the values for the 25th and 75th percentiles tell us that half of the graduates with wages fall between those two values. Likewise, 80% of reported wages fall between the 10th and 90th percentiles. The length of each bar section clue to the dispersion in the data - that is, how much earnings can vary within a range a group of individuals.




Virgina Resident Tuition and Fees, General, 2024-25
Student LevelTuition & Mandatory E&G FeesMandatory Non-E&GAverage Room & Board (1)Total
General Undergraduate$27,400$430$12,680$40,510


Non-Resident Tuition and Fees, General, 2024-25
Student LevelTuition & Mandatory E&G FeesMandatory Non-E&GAverage Room & Board (1)Total
General Undergraduate$27,400$430$12,680$40,510






    Notes/Definitions

    Debt: All debt figures refer to education-related debt processed through institutions. i.e. student loans. Unless specified as PLUS loans for undergraduates, the student debt refers to loans taken out by the student, not by parents or relatives. Further, reported student debt calculations are based on graduates who borrowed only. This is why we report the percentage of students/graduates wth debt.

     

    Sample Budgets: These estimates are from the Living Wage project at MIT and are based on the estimated cost of a single adult living in Virginia. Tax and FICA withholding estimates based on a single, unmarried filer.

    Limits on the Display of Data

    The most important limit to understand is that these short-term measures of outcomes are not meaningful for evaluating the effectiveness of institutions or programs. These are not measures of employment rates, nor they comparable to the so-called Gainful Employment metrics produced by the US Department of Education. These measure are meant to inform readers of the outcomes of graduates in the near-term following degree completion and represent individual behavior and local economies more than any other factor.

    In order to protect confidentiality and to accommodate both the many small programs in the Commonwealth and the limits of the available data, these reports will display program-level data only under the following conditions:

    1. Single-year data will not be reported at the level of institution, degree, and program, only rolling five-year aggregates. For example, graduates of 2005-06 will be reported with those of 2004-05, 2003-04, 2002-03, and 2001-02.

    2. The number of wage-reported graduates must be equal to or greater than 15 with full-time wage equivalent (FTWE) reported wages.

    3. At least 30% of the cohort of graduates must have been matched and reported with full-time wage equivalent (FTWE) reported wages, or 20% with a minimum of 200 graduates.

    4. The current definition of FTWE is at least three quarters of wages must be reported for each year.

    5. Wages and earnings are not adjusted for inflation.

    The wage data included in these reports represent only the following individuals:
    1. Graduates successfully matched to the Unemployment Insurance Wage records collected by the Virginia Employment Commission (VEC).
    2. Graduates employed in Virginia by an entity that reports to the VEC. This excludes federal employees, including those within the Department of Defense.

    What employers are subject to the Unemployment Tax and must be registered and file with the Virginia Employment Commission? They must have met one of the following criteria:

    • One or more employees (ten employees if your operation is agricultural) for some portion of a day during any 20 different weeks in a calendar year
    • A $1,500 or more total gross quarterly payroll ($20,000 if your business is agricultural; $1,000 if domestic labor)
    • Acquired a business subject to this tax
    • Been subject to the Federal Unemployment Tax
    • A governmental operation or political subdivision
    • A nonprofit organization under Section 501 (c)(3) of the Internal Revenue Code and had four or more employees for some portion of a day during any 20 different weeks in a calendar year

    Source
    These criteria mean that individuals working as consultants, independent contractors (including many psychologists, counselors, barbers, cosmetologists, IT workers, and P-14 wage employees of the Commonwealth) may be excluded, as are a list of others that may be found here.


    Notes:

    Full Legal Name - "Virginia Polytechnic Institute and State University" (Virginia Tech); "The College of William and Mary" (William & Mary)