LEC vs. Ferrum College

Should I go to Lake Erie College or Ferrum College? Compare 50+ facts and figures about the colleges to help you determine if LEC or Ferrum College is the better college for you. The CollegeSimply comparison tool allows side-by-side comparison of 50+ statistics and facts for over 2,500 colleges and universities.

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Lake Erie College vs. Ferrum College comparison
Lake Erie College Ferrum College College 3 College 4
Ferrum College
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Overview

LEC Ferrum College
Location Painesville, OH Ferrum, VA
Setting Large Suburban Distant Rural
Enrollment 906 855
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - United Methodist - -
Status Non-profit Non-profit
Website lec.edu ferrum.edu
Team Colors                    

Costs

LEC Ferrum College
Tuition (In State) $33,588 $37,400
Tuition (Out of State) $33,588 $37,400
Room & Board $10,842 $13,230
Avg Net Price $22,678 $25,558
Avg Grant Aid $25,417 $26,580
% Receiving Grant Aid 100% 94%

Admission

LEC Ferrum College
Admission Chances Calculate Calculate
Applied 1,085 1,452
Admitted 587 1,224
Acceptance Rate 54.1% 84.3%
Enrolled % 38.3% 19.4%
Avg High School GPA 3.19 3.14
Typical High School Grades B B
Admissions Standards Easy Extremely Easy
Applicant Competition Low
ACT Range 20/26
SAT Range 1000/1170 900/1110
Submit Test Scores Not required for admission, but considered if submitted (Test Optional) Not required for admission, but considered if submitted (Test Optional)
Application Deadline Aug 1, 2025 Sep 15, 2024

Academics

LEC Ferrum College
Student to Faculty Ratio 11:1 11:1
Popular Majors
  • Business (36%)
  • Agriculture (12%)
  • Education (11%)
  • Recreation, Leisure and Fitness Studies (8%)
  • Psychology (6%)
  • Business (20%)
  • Homeland Security, Law Enforcement, Firefighting (10%)
  • Liberal Arts and Humanities (8%)
  • Education (7%)
  • Psychology (6%)

Outcomes

LEC Ferrum College
Graduation Rate 53% 31%
Median Earnings (After 10 years) $36,600 $39,000
Making Student Loan Payments 62% 49%
Median Student Loan Debt $27,000 $28,000
Median Loan Payment $279 $289

Diversity

LEC Ferrum College
% Men 55% 58%
% Women 45% 42%
Racial Diversity Low High
HBCU No No
% White 77% 52%
% Black 10% 34%
% Hispanic 2% 5%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 3% 6%
% International 4% 1%
% Unknown Race 3% 1%

Students

LEC Ferrum College
% In-State 54% 64%
% Out-of-State 40% 34%

Campus

LEC Ferrum College
Campus Housing Yes Yes
Freshman Dorm Required No No
Meal Plan Yes Yes
Weekend/Evening Classes Yes Yes
Daycare Facility No No
Learn More Details Details

Comparable Facts

  • Lake Erie College is larger than than Ferrum College based on total student enrollment (906 students vs. 855 students)

LEC vs. Ferrum College Cost Comparison

Which college is more expensive, LEC or Ferrum College?

  • Ferrum College is 11.3% more expensive to attend than LEC for in-state tuition ($37,400.00 vs. $33,588.00)
  • Out of state tuition is 11.3% higher at Ferrum College than Lake Erie College ($37,400.00 vs. $33,588.00)
  • The typical actual cost that students pay to attend (average net price) is less at Lake Erie College than Ferrum College ($22,678 vs. $25,558)
  • Living costs (room and board or off-campus housing budget) at Lake Erie College are 22% lower than costs at Ferrum College ($10,842 vs. $13,230)
  • More students receive financial grant aid at Lake Erie College than Ferrum College (100% vs. 94%)
  • The average total grant financial aid received by Ferrum College students is 4.6% larger than aid received Lake Erie College ($26,580 vs. $25,417)

LEC vs. Ferrum College Admissions Difficulty Comparison

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

  • The average SAT score at Lake Erie College (989) is 108 points higher than at Ferrum College (881)
  • Incoming LEC students have a 3 point higher average ACT score (21) than students at Ferrum College (18)
  • Accepted freshman LEC students have a 0.05 point higher average high school GPA (3.19) than students at Ferrum College (3.14)
  • Ferrum College has a higher acceptance rate (84.3%) than LEC (54.1%)

LEC vs. Ferrum College Graduation Outcomes Comparison

Which is better, LEC 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 LEC.

  • The graduation rate at LEC is higher than Ferrum College (53% vs. 31%)
  • Graduates from Ferrum College earn on average $2,400 more per year than LEC graduates after ten years. ($39,000 vs. $36,600)
  • Lake Erie College students graduate with a $1,000 lower median federal student loan debt than Ferrum College graduates. ($27,000 vs. $28,000)
  • LEC graduates are paying $10 less per month on federal student loans than Ferrum College graduates. ($279 vs. $289)
  • More LEC graduates are actively paying back their federal student loan debt than former Ferrum College students, three years after graduation. (62% vs. 49%)

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