What Amount of Financial Aid is Offered?
Fortis College - Indianapolis' typical financial aid package for incoming first year students is $13,438. Approximately 90.0% of new students receive financial aid, the majority of which is loans.
A financial aid package contains loans, grants, and scholarships. However, student loans need to be paid back, so they aren't a true discount.
Student debt should be considered to be an "outcome" rather than "aid". Learn more about student loan debt at Fortis College - Indianapolis.
How Much Aid Is Available in Grants & Scholarships?
The numbers and the chart following refer to mainly grants from federal sources, and some local and state grants. 87.0% of first years at Fortis College - Indianapolis (26 total) were awarded a federal grant, averaging $5,448. As well as grants, 67.0% of first years (20 total) received scholarships by the college, totaling $118 per person.
The chart below shows the typical amount of grant and scholarship aid given to all freshmen.
Grants are typically based on need while scholarships are based on merit or ability.
Financial Aid per Family Income
The next chart shows scholarship and grant allocations by family income for first year students getting any type of federal Title IV assistance, including Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 73.3% | $5,519 |
Income 30k-48k | 10.0% | $5,582 |
Income 48k-75k | 6.7% | $2,923 |
Income 75k-110k | 0.0% | N/A |
Income 110k + | 0.0% | N/A |
Title IV aid features grants, loans, or work-study granted by the federal government generally based on need. Learn more here.
Grants & Scholarships for All Undergraduate Students Average $5,927
304 Fortis College - Indianapolis students obtain grants (this is about 86.0% of the total student population). The typical amount these students obtain is $5,927 The most of which are in the form of Pell Grants.
Go to the Tuition and Fees page or the Cost Per Credit Hour page to learn more.
Financial Aid Links from Fortis College - Indianapolis
Net Price Calculator | www.fortisedu.info/cig-indianapolis.php |
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