Ferrum College G.I. Bill® Tuition Assistance

How Much of Ferrum College's Tuition Will the G.I. Bill® Cover?

How much will you pay to attend Ferrum College? Below you can review how much of your expenses at Ferrum College the GI Bill® will cover.

Isn't G.I. Bill® Coverage All the Same?

Did you know that G.I. Bill® funding has a cap? Below you'll find out if the entire cost of attendance at Ferrum College is covered. This data varies for each school so be sure to check out G.I. Bill® information for each school you're interested in!

Veterans Typically Attend Ferrum College for no More Than $21,470

If you qualify for full benefits under the Post-9/11 GI Bill® we estimate that your yearly out of pocket cost to attend Ferrum College should not be more than $21,470.

Private College Tuition Not Covered by GI Bill® Benefits

Even if you qualify for full benefits, the tuition and fees charged by Ferrum College will not be fully covered. Ferrum College charges $36,695 a year for tuition and fees but your maximum Post-9/11 benefit is only $20,235. In order to make up the shortfall you will need some additional aid from the college and/or government.

Yellow Ribbon Program

It appears as though Ferrum College participates in the Yellow Ribbon Program, but we could not determine if there are restrictions of this participation. If you have tuition and fees charges that are not covered by your Post-9/11 benefits, you may be able to get additional assistance in the form of a Yellow Ribbon Award so check with the college.

Ferrum College awarded a total of $68,412 in Yellow Ribbon benefits last year. This was split among 12 veterans for an average award of $5,701 ($11,402 after government matching).

Questions to Ask the Admissions Department

• Which programs and majors (if any) participate in the Yellow Ribbon Program and how do I apply?

Per Credit Fees and the Active Duty Tuition Assistance Cap

With a per credit charge for in-state students of $735, Ferrum College falls above the tuition assistance cap of $250 for active duty personnel.

Below Cap for State Residents?	$735 per credit
Below Cap for Non Residents (Out of State)?	$735 per credit

Your Living Expenses May Not Be Fully Covered

After applying eight months of your assumed MHA against what Ferrum College thinks your living expenses should be, we see a potential shortfall of $5,210. It is possible that your actual living expenses will be covered if you live more frugally than what the college expects.

Your Books and Supplies are Likely Covered

Your book stipend of $1000 more than covers what Ferrum College estimates your expenses to be ($800).