Wake Forest vs. Ferrum College

Should I go to Wake Forest University or Ferrum College? Compare 50+ facts and figures about the colleges to help you determine if Wake Forest 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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Wake Forest University vs. Ferrum College comparison
Wake Forest University Ferrum College College 3 College 4
Wake Forest University Ferrum College
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Overview

Wake Forest Ferrum College
Location Winston Salem, NC Ferrum, VA
Setting Midsize City Distant Rural
Enrollment 8,963 855
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - United Methodist - -
Status Non-profit Non-profit
Website wfu.edu ferrum.edu
Team Colors                    

Costs

Wake Forest Ferrum College
Tuition (In State) $61,012 $37,400
Tuition (Out of State) $61,012 $37,400
Room & Board $16,652 $13,230
Avg Net Price $26,197 $25,558
Avg Grant Aid $54,233 $26,580
% Receiving Grant Aid 29% 94%

Admission

Wake Forest Ferrum College
Admission Chances Calculate Calculate
Applied 16,857 1,452
Admitted 3,602 1,224
Acceptance Rate 21.4% 84.3%
Enrolled % 38% 19.4%
Avg High School GPA - 3.14
Typical High School Grades - B
Admissions Standards Unavailable Extremely Easy
Applicant Competition Very High
ACT Range
SAT Range 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 Jan 1, 2025 Sep 15, 2024

Academics

Wake Forest Ferrum College
Student to Faculty Ratio 10:1 11:1
Popular Majors
  • Business (21%)
  • Social Sciences (20%)
  • Communication (8%)
  • Biology (7%)
  • Psychology (7%)
  • Business (20%)
  • Homeland Security, Law Enforcement, Firefighting (10%)
  • Liberal Arts and Humanities (8%)
  • Education (7%)
  • Psychology (6%)

Outcomes

Wake Forest Ferrum College
Graduation Rate 88% 31%
Median Earnings (After 10 years) $77,200 $39,000
Making Student Loan Payments 88% 49%
Median Student Loan Debt $23,000 $28,000
Median Loan Payment $237 $289

Diversity

Wake Forest Ferrum College
% Men 43% 58%
% Women 57% 42%
Racial Diversity Low High
HBCU No No
% White 72% 52%
% Black 6% 34%
% Hispanic 7% 5%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 3% 6%
% International 7% 1%
% Unknown Race 0% 1%

Students

Wake Forest Ferrum College
% In-State 14% 64%
% Out-of-State 77% 34%

Campus

Wake Forest 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

  • Wake Forest University is larger than than Ferrum College based on total student enrollment (8,963 students vs. 855 students)

Wake Forest vs. Ferrum College Cost Comparison

Which college is more expensive, Wake Forest or Ferrum College?

  • Wake Forest University is 63.1% more expensive to attend than Ferrum College for in-state tuition ($61,012.00 vs. $37,400.00)
  • Out of state tuition is 63.1% higher at Wake Forest than Ferrum College ($61,012.00 vs. $37,400.00)
  • The typical actual cost that students pay to attend (average net price) is less at Ferrum College than Wake Forest ($25,558 vs. $26,197)
  • Living costs (room and board or off-campus housing budget) at Ferrum College are 25.9% lower than costs at Wake Forest University ($13,230 vs. $16,652)
  • More students receive financial grant aid at Ferrum College than Wake Forest University (94% vs. 29%)
  • The average total grant financial aid received by Wake Forest University students is 104% larger than aid received Ferrum College ($54,233 vs. $26,580)

Wake Forest vs. Ferrum College Admissions Difficulty Comparison

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

  • Ferrum College has a higher acceptance rate (84.3%) than Wake Forest (21.4%)

Wake Forest vs. Ferrum College Graduation Outcomes Comparison

Which is better, Wake Forest 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 Wake Forest.

  • The graduation rate at Wake Forest is higher than Ferrum College (88% vs. 31%)
  • Graduates from Wake Forest University earn on average $38,200 more per year than Ferrum College graduates after ten years. ($77,200 vs. $39,000)
  • Wake Forest University students graduate with a $5,000 lower median federal student loan debt than Ferrum College graduates. ($23,000 vs. $28,000)
  • Wake Forest graduates are paying $52 less per month on federal student loans than Ferrum College graduates. ($237 vs. $289)
  • More Wake Forest graduates are actively paying back their federal student loan debt than former Ferrum College students, three years after graduation. (88% vs. 49%)

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