The following programs are sources of gift assistance. They do not require repayment. Virginia residents who plan to attend Ferrum College will be eligible for a grant from the Commonwealth of Virginia which is not based on financial need. The program was established to assist Virginia's private colleges in reducing the tuition gap between private and public in-state colleges. The grant amount is determined by the General Assembly.
Applications are available from the college in the spring of each year.
The completed application must be returned to the Financial Aid Office by July 31. Late TAG applications may be submitted until September 14 and thereafter no later than December 1. Awards for late applicants are contingent on available funds remaining after the applicants, who apply by July 31, are funded. Grants are renewable if the student maintains satisfactory academic progress. The CSAP is a need based program which is funded by the Commonwealth of Virginia and the federal government.