by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Fortis College-Cutler Bay can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Fortis College - Cutler Bay offer you, and what will you qualify for? Read on for more information. Keep reading to discover what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Fortis College-Cutler Bay.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
For incoming first-year students at Fortis College-Cutler Bay, 100% of the incoming full-time class was awarded financial aid around 12 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $7,359 |
| Institutional grants & scholarships | 58% | $614 |
| Federal Pell grants | 92% | $7,168 |
| State/local grants | 8% | $656 |
| Federal student loans | 83% | $4,963 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, about 82% of undergraduates were awarded an average grant or scholarship of $5,994 (among about 304 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $5,994 |
| Federal Pell grants | 70% | $6,043 |
| Federal student loans | 81% | $8,655 |
For on-campus title-IV students, average grant aid came to $8,028.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $25,552 |
| $30,001 – $75,000 | $28,306 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,393 |
| Off-campus title-IV students | $26,089 |
To project your own net price, use Fortis College - Cutler Bay’s official net price calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_cutler_bay.htm.
The middle student in the debt distribution at Fortis College - Cutler Bay owes $12,949 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,949 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. The percentiles below describe the cumulative federal debt distribution for borrowers at Fortis College - Cutler Bay.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $21,990 |
| 90th percentile (highest-debt students) | $32,366 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,667 |
| Middle income | $13,000 |
| High income | $12,950 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,667 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $13,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Fortis College - Cutler Bay.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Fortis College - Cutler Bay:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19363 |
| Total Stafford loan amount | $322,515,935 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $46,105 |
| Average GI Bill amount per recipient | $9,221 |
References
More about our data sources and methodologies.