by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Fortis College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can Fortis College - Houston offer, and what will you qualify for? Keep reading for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Fortis College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Fortis College, 91% of first-year full-time students received aid of some kind roughly 258 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $6,449 |
| Institutional grants & scholarships | 12% | $547 |
| Federal Pell grants | 89% | $6,279 |
| State/local grants | 1% | $8,304 |
| Federal student loans | 83% | $7,655 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, around 85% of undergraduate students received gift aid averaging $6,277 (covering around 553 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $6,277 |
| Federal Pell grants | 85% | $6,143 |
| Federal student loans | 77% | $7,526 |
Title-IV recipients living on campus saw average grant aid of $6,481.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $27,744 |
| $30,001 – $75,000 | $28,216 |
| Over $75,000 | $34,364 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $27,964 |
| Off-campus title-IV students | $28,970 |
To get a personalized net price estimate, try Fortis College - Houston’s net price tool: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_houston_south.htm.
The median federal debt load at Fortis College - Houston comes to $6,333 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Fortis College - Houston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $9,414 |
| 90th percentile (highest-debt students) | $11,524 |
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 | $6,334 |
| Middle income | $6,333 |
| High income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,347 |
| Independent students | $6,333 |
These indicators are derived from the underlying debt data and summarize the overall picture at Fortis College - Houston.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Fortis College - Houston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 29627 |
| Total Stafford loan amount | $256,063,867 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $183,741 |
| Average GI Bill amount per recipient | $7,989 |
References
More about our data sources and methodologies.