Your education is a valuable investment in your future. We are Virginia’s Opportunity College, and Ferrum is committed to affordability, helping you achieve your dreams.
Ferrum invests over $ 18 million annually in our students’ futures through institutional grants; 100% of our students receive some form of financial aid.
The Ferrum College Financial Aid staff is here to help you understand your full financial aid package.
Beginning the financial aid process early will help you get the information you need to make an informed decision about college affordability. The first step is to fill out the Free Application for Federal Student Aid (Use Code 003711), with a deadline of June 30, 2025.
Your Ferrum College financial aid package is just a few steps away
Apply online at studentaid.gov using school code:
003711
The priority deadline to file:
May 1
Once your FAFSA has been processed, you will receive a Student Aid Report (SAR) that you can use to determine your actual cost to attend Ferrum College.
Log in to your Ferrum College account, then select the Self Service app to review your financial aid award and complete any additional required documents.
In order to receive your final merit award, an official transcript must be submitted.
Financial aid comes in many forms, and we’re here to help you connect with as many of them as possible. Here’s a breakdown of the different types of aid you could qualify for:
Loans are a common way to pay for college. Repayment is required, but terms may vary by loan type.
Scholarships are a form of financial aid that does not need to be repaid. They may be awarded in recognition of academic excellence, cultural identity, or other criteria.
Grants are another form of financial aid that does not need to be repaid.
Federal work-study positions allow you to offset college costs through part-time employment, on or off campus.
Military benefits may be available for active-duty or retired military students or dependents of military personnel.
Since Ferrum College is proudly affiliated with the United Methodist Church, many scholarship and loan opportunities exist for those students who are active members.