Cleveland Institute of Music vs. Ferrum College

Should I go to Cleveland Institute of Music or Ferrum College? Compare 50+ facts and figures about the colleges to help you determine if Cleveland Institute of Music 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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Cleveland Institute of Music vs. Ferrum College comparison
Cleveland Institute of Music Ferrum College College 3 College 4
Cleveland Institute of Music Ferrum College
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Overview

Cleveland Institute of Music Ferrum College
Location Cleveland, OH Ferrum, VA
Setting Large City Distant Rural
Enrollment 341 855
Type Private 4 Year Private 4 Year
National Ranking
Religious Affiliation - United Methodist - -
Status Non-profit Non-profit
Website cim.edu ferrum.edu
Team Colors                    

Costs

Cleveland Institute of Music Ferrum College
Tuition (In State) $40,000 $37,400
Tuition (Out of State) $40,000 $37,400
Room & Board $13,300 $13,230
Avg Net Price $29,383 $25,558
Avg Grant Aid $28,571 $26,580
% Receiving Grant Aid 100% 94%

Admission

Cleveland Institute of Music Ferrum College
Admission Chances Calculate Calculate
Applied 378 1,452
Admitted 137 1,224
Acceptance Rate 36.2% 84.3%
Enrolled % 29.9% 19.4%
Avg High School GPA - 3.14
Typical High School Grades - B
Admissions Standards Unavailable Extremely Easy
Applicant Competition 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 Dec 1, 2023 Sep 15, 2023

Academics

Cleveland Institute of Music Ferrum College
Student to Faculty Ratio 6:1 11:1
Popular Majors
  • Visual and Performing Arts (100%)
  • Business (20%)
  • Homeland Security, Law Enforcement, Firefighting (10%)
  • Liberal Arts and Humanities (8%)
  • Education (7%)
  • Psychology (6%)

Outcomes

Cleveland Institute of Music Ferrum College
Graduation Rate 67% 31%
Median Earnings (After 10 years) $45,200 $39,000
Making Student Loan Payments 68% 49%
Median Student Loan Debt $27,000 $28,000
Median Loan Payment $279 $289

Diversity

Cleveland Institute of Music Ferrum College
% Men 49% 58%
% Women 51% 42%
Racial Diversity Very High High
HBCU No No
% White 9% 52%
% Black 0% 34%
% Hispanic 0% 5%
% Native American 0% 0%
% Pacific Islander 0% 0%
% Two or More Races 0% 6%
% International 21% 1%
% Unknown Race 67% 1%

Students

Cleveland Institute of Music Ferrum College
% In-State 7% 64%
% Out-of-State 78% 34%

Campus

Cleveland Institute of Music 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

  • Ferrum College is larger than than Cleveland Institute of Music based on total student enrollment (855 students vs. 341 students)

Cleveland Institute of Music vs. Ferrum College Cost Comparison

Which college is more expensive, Cleveland Institute of Music or Ferrum College?

  • Cleveland Institute of Music is 7% more expensive to attend than Ferrum College for in-state tuition ($40,000.00 vs. $37,400.00)
  • Out of state tuition is 7% higher at Cleveland Institute of Music than Ferrum College ($40,000.00 vs. $37,400.00)
  • The typical actual cost that students pay to attend (average net price) is less at Ferrum College than Cleveland Institute of Music ($25,558 vs. $29,383)
  • Living costs (room and board or off-campus housing budget) at Ferrum College are 0.5% lower than costs at Cleveland Institute of Music ($13,230 vs. $13,300)
  • More students receive financial grant aid at Cleveland Institute of Music than Ferrum College (100% vs. 94%)
  • The average total grant financial aid received by Cleveland Institute of Music students is 7.5% larger than aid received Ferrum College ($28,571 vs. $26,580)

Cleveland Institute of Music vs. Ferrum College Admissions Difficulty Comparison

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

  • Ferrum College has a higher acceptance rate (84.3%) than Cleveland Institute of Music (36.2%)

Cleveland Institute of Music vs. Ferrum College Graduation Outcomes Comparison

Which is better, Cleveland Institute of Music 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 Cleveland Institute of Music.

  • The graduation rate at Cleveland Institute of Music is higher than Ferrum College (67% vs. 31%)
  • Graduates from Cleveland Institute of Music earn on average $6,200 more per year than Ferrum College graduates after ten years. ($45,200 vs. $39,000)
  • Cleveland Institute of Music students graduate with a $1,000 lower median federal student loan debt than Ferrum College graduates. ($27,000 vs. $28,000)
  • Cleveland Institute of Music graduates are paying $10 less per month on federal student loans than Ferrum College graduates. ($279 vs. $289)
  • More Cleveland Institute of Music graduates are actively paying back their federal student loan debt than former Ferrum College students, three years after graduation. (68% vs. 49%)

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