Graceland University-Lamoni vs. Ferrum College

Graceland University Lamoni vs. Ferrum College comparison

	Graceland University Lamoni	Ferrum College	College 3	College 4
	Remove	Remove	+Add	+Add
Overview	Graceland University-Lamoni	Ferrum College
Location	Lamoni, IA	Ferrum, VA
Setting	Remote Rural	Distant Rural
Enrollment	1,195	767
Type	Private 4 Year	Private 4 Year
National Ranking	#673
Religious Affiliation	Other (none of the above)	United Methodist	-	-
Status	Non-profit	Non-profit
Website	graceland.edu	ferrum.edu
Team Colors

Costs	Graceland University-Lamoni	Ferrum College
Tuition (In State)	$32,500	$37,400
Tuition (Out of State)	$32,500	$37,400
Room & Board	$10,540	$13,230
Avg Net Price	$16,632	$22,521
Avg Grant Aid	$30,218	$32,061
% Receiving Grant Aid	100%	100%

Admission	Graceland University-Lamoni	Ferrum College
Admission Chances	Calculate	Calculate
Applied	2,259	1,483
Admitted	1,880	1,483
Acceptance Rate	83.2%	100%
Enrolled %	12.8%	16.3%
Avg High School GPA	3.22	3.14
Typical High School Grades	B	B
Admissions Standards	Very Easy	Extremely Easy
Applicant Competition
ACT Range	16/24
SAT Range	880/1120	880/1100
Submit Test Scores	Not considered for admission, even if submitted (Test Blind)	Not required for admission, but considered if submitted (Test Optional)
Application Deadline		Sep 15, 2024

Academics	Graceland University-Lamoni	Ferrum College
Student to Faculty Ratio	14:1	11:1
Popular Majors	Education (27%) Health Professions (21%) Business (19%) Visual and Performing Arts (6%) Liberal Arts and Humanities (6%)	Business (20%) Homeland Security, Law Enforcement, Firefighting (10%) Liberal Arts and Humanities (8%) Education (7%) Psychology (6%)
Outcomes	Graceland University-Lamoni	Ferrum College
Graduation Rate	51%	31%
Median Earnings (After 10 years)	$41,000	$39,000
Making Student Loan Payments	63%	49%
Median Student Loan Debt	$23,544	$28,000
Median Loan Payment	$243	$289

Diversity	Graceland University-Lamoni	Ferrum College
% Men	4%	1%
% Women	21%	1%
Racial Diversity	Medium	High
HBCU	No	No
% White	61%	52%
% Black	11%	34%
% Hispanic	12%	5%
% Native American	0%	0%
% Pacific Islander	1%	0%
% Two or More Races	4%	6%
% International	3%	1%
% Unknown Race	7%	1%

Students	Graceland University-Lamoni	Ferrum College
% In-State	18%	68%
% Out-of-State	65%	31%
Campus	Graceland University-Lamoni	Ferrum College
Campus Housing	Yes	Yes
Freshman Dorm Required	No	No
Meal Plan	Yes	Yes
Weekend/Evening Classes	No	Yes
Daycare Facility	No	No
Learn More	Details	Details

Comparable Facts

• Graceland University Lamoni is larger than than Ferrum College based on total student enrollment (1,195 students vs. 767 students)

Graceland University-Lamoni vs. Ferrum College Cost Comparison

Which college is more expensive, Graceland University-Lamoni or Ferrum College?

• Ferrum College is 15.1% more expensive to attend than Graceland University-Lamoni for in-state tuition ($37,400.00 vs. $32,500.00)
• Out of state tuition is 15.1% higher at Ferrum College than Graceland University Lamoni ($37,400.00 vs. $32,500.00)
• The typical actual cost that students pay to attend (average net price) is less at Graceland University Lamoni than Ferrum College ($16,632 vs. $22,521)
• Living costs (room and board or off-campus housing budget) at Graceland University Lamoni are 25.5% lower than costs at Ferrum College ($10,540 vs. $13,230)
• The same percent of students receive financial grant aid at Graceland University Lamoni as Ferrum College (100% vs. 100%)
• The average total grant financial aid received by Ferrum College students is 6.1% larger than aid received Graceland University Lamoni ($32,061 vs. $30,218)

Graceland University-Lamoni vs. Ferrum College Admissions Difficulty Comparison

Which college is harder to get into, Graceland University-Lamoni or Ferrum College? Average SAT and ACT scores plus acceptance rates offer good insight into the difficulty of admission between Ferrum College or Graceland University-Lamoni .

• The average SAT score at Graceland University Lamoni (961) is 80 points higher than at Ferrum College (881)
• Incoming Graceland University-Lamoni students have a 3 point higher average ACT score (21) than students at Ferrum College (18)
• Accepted freshman Graceland University-Lamoni students have a 0.08 point higher average high school GPA (3.22) than students at Ferrum College (3.14)
• Ferrum College has a higher acceptance rate (100%) than Graceland University-Lamoni (83.2%)

Graceland University-Lamoni vs. Ferrum College Graduation Outcomes Comparison

Which is better, Graceland University-Lamoni or Ferrum College? Graduation rate, salary and amount of student loan debt are indicators of a college which offers better outcomes for its graduates. Compare the following outcomes facts between Ferrum College and Graceland University-Lamoni.

• The graduation rate at Graceland University-Lamoni is higher than Ferrum College (51% vs. 31%)
• Graduates from Graceland University Lamoni earn on average $2,000 more per year than Ferrum College graduates after ten years. ($41,000 vs. $39,000)
• Graceland University Lamoni students graduate with a $4,456 lower median federal student loan debt than Ferrum College graduates. ($23,544 vs. $28,000)
• Graceland University-Lamoni graduates are paying $46 less per month on federal student loans than Ferrum College graduates. ($243 vs. $289)
• More Graceland University-Lamoni graduates are actively paying back their federal student loan debt than former Ferrum College students, three years after graduation. (63% vs. 49%)

Sources: U.S. Department of Education https://nces.ed.gov IPEDS and College Scorecard https://collegescorecard.ed.gov/