The FEU Folk Dance Group, now the FEU Dance Company (FDC), was formed and conceptualized in 1957 by Alejandro Roces, then Dean of the Institute of Arts and Sciences who became a National Artist for Literature, in response to an invitation for schools to present Philippine folk dances at the Brussels World Fair of 1958. Though the trip did not materialize initially, 100 dancers were recruited from the entire Physical Education Department under Alfredo Reyes, son of FEU Founder Dr. Nicanor Reyes. Corazon Iñigo, a member of the faculty, became the dance coach.
The group made its debut in the Philippine Folk Dance Festival at the Rizal Coliseum on October 1, 1957. Of the original 100, the group was reduced to the most talented 25 members. The FEU Folk Dance Company finally made it to Europe in 1959. It became the first Philippine university-based group to compete and win in Europe. The group extended its stay to accept a prolonged engagement at the Sarah Bernhard Theater in Paris. The members got to have an audience with Pope John XXIII, now a Saint. They received a red-carpet welcome when they landed in Manila.
Currently, the FDC's goal is to provide students with a venue to express and develop their artistic talents in dancing. It is the only collegiate dance company doing all dance genres, namely Classical and modern Ballet, Contemporary and Jazz, Folk, Street, and Dance Sports.
The FDC won the 2014 Folk Dance Competition sponsored by the Bayanihan National Folk Dance Company in the Cultural Center of the Philippines, which paved the way for their participation and winning third place in the Cheonan World Folk Dance Competition in Korea in October 2015. In 2017, they were the Grand Champions in the Dance Supremacy Dance Competition and 1st Runner up in the Ego Dance Competition. In 2018, the FDC Street Alliance won the UAAP Street Dance Competition and then won 1st Runner up the following year. Also in 2018, the FDC represented the country in the prestigious Andong Mask Festival in South Korea, taking home the silver medal. The FDC participated and won 2nd place in the College Kings division of Dance Supremacy 2023, held at the Samsung Performing Arts Theatre.