|Tuition & Financial Aid|
Wondering if you need to do anything else in order to receive your financial aid? Check the Student Requirements link on MyFSU.
Still Have Questions? A Financial Aid Officer is available to answer your questions. Call your local office to set up an appointment.
The University issues billing statements electronically with notifications sent to your Ferris provided email account. If you register for classes within one month of the semester start date, you may not receive an electronic notification to your Ferris student email address. You can view your bill, your real-time balance, and make a payment at any time online through E-bill on MyFSU.
1. Pay Tuition in Full
Pay 100% of your tuition bill by the first due date, and no additional fees or service charges are applied to your account.
2. Select Payment Plan
Ferris offers three (3) payment plans to pay your total semester charges if you do not pay your balance in full by the first due date of the semester. Students who have sufficient financial aid to cover their semester charges do not need to make a payment or enroll in a payment plan. Students who do not have sufficient financial aid to cover their semester charges need to select a payment plan and make their first installment or pay their balance in full to avoid having their class schedules dropped. A $30 charge will be added to the account for enrollment in a payment plan. Learn more on the Student Financial Services website.
Note: There is a 2% late fee added to any past due balances. Your classes may be dropped for non-payment. If your classes are dropped, there is a $100 late fee to re-register.
3. Employer Tuition Reimbursement (ETR)
Does your employer offer tuition reimbursement? Our ETR program allows you to defer any portion of tuition your employer pays towards your education. You have 30 days after the end of the semester to pay your tuition balance. A $35 charge will be added to the account for enrollment in a payment plan. More information here.
4. Third Party Billing
With appropriate authorization, third parties, such as employers, can be billed directly. Amounts billed to third parties (including approved financial aid) are immediately deducted from student accounts. If your employer will pay the institution directly (regardless of your final grades), our preferred method is through Third Party Billing. Contact the Student Financial Services for more information: (231) 591-3972 or (800) 4-FERRIS and ask for the Student Financial Services.
You should pay your tuition electronically via E-Bill. This process is more efficient and allows for information to remain confidential. It also is the only way to pay by credit card. Go online through MyFSU to make your payment with American Express, Discover, MasterCard, Visa, or e-check.
A 2.75% service fee will be charged on all credit card transactions made on consolidated student accounts.
You can avoid paying the 2.75% service fee by paying online with an e-check, an electronic debit to your checking or savings account.
You may also mail a check to the Timme Center for Student Services with no service fee to the address below. Checks should be made payable to Ferris State University. Always include your student ID number on the check. Mail to: Ferris State University, Student Financial Services CSS 101PA, 1201 S. State Street, Big Rapids, MI 49307.
You must contact your regional office for any class drops or withdrawals immediately following your decision to drop or withdraw from a course. After the first four days of the semester or the first meeting of class, refunds are only made in some cases of total withdrawal from the University. A reduction in course load (a class withdrawal), after the first four days of the semester or the first meeting of class, is not a basis for a refund. More information here.
Ferris has agreements with specific community colleges in Michigan to allow statewide and online students to take some classes from the community college towards completion of degree requirements. Each semester, a student receiving financial aid from Ferris who is enrolled in both Ferris and community college classes MUST complete and submit a Consortium Form online to confirm financial aid status. Consortium forms can be found here.
Classes may be dropped for students who have not paid or who have insufficient financial aid to cover the minimum payment (50%) by 5 p.m. ten days before the semester is set to begin.
Classes may be dropped without penalty by the end (5:00 pm eastern time) of the fourth day of classes following the start of a semester. To drop a class from your schedule, log in to MyFSU, click the Student tab, then the MyRegistrations quick link, and choose Add and Drop Classes. Students who want to drop all classes must contact the Registrar's office to complete a total withdrawal.
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