by our College Data Analytics TeamA large number of students are not billed 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 - Montgomery can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial assistance solutions will Fortis College - Montgomery provide, and just what are you going to be eligible for? Read on for answers. Keep going to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Fortis College - Montgomery.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Fortis College - Montgomery, 97% of entering full-time freshmen got some type of financial assistance around 196 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $6,395 |
| Institutional grants & scholarships | 35% | $80 |
| Federal Pell grants | 96% | $6,292 |
| State/local grants | 0% | — |
| Federal student loans | 88% | $7,678 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Fortis College - Montgomery, around 87% of undergraduates were awarded an average grant or scholarship of $6,036 (covering around 481 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $6,036 |
| Federal Pell grants | 87% | $5,906 |
| Federal student loans | 75% | $6,767 |
For on-campus title-IV students, average grant aid came to $6,280.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,274 |
| $30,001 – $75,000 | $21,472 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $21,006 |
| Off-campus title-IV students | $19,380 |
To project your own net price, use Fortis College - Montgomery’s online cost calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_montgomery.htm.
A typical borrower at Fortis College - Montgomery leaves with $9,122 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,122 |
| 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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Fortis College - Montgomery.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $12,012 |
| 90th percentile (highest-debt students) | $17,365 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,109 |
| Middle income | $9,500 |
| High income | $7,667 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,041 |
| Continuing-generation students | $9,274 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,000 |
| Independent students | $9,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Fortis College - Montgomery.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Fortis College - Montgomery:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15034 |
| Total Stafford loan amount | $146,613,748 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $149,454 |
| Average GI Bill amount per recipient | $9,964 |
References
More about our data sources and methodologies.