by our College Data Analytics TeamThe majority 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-Norfolk can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Fortis College - Norfolk offer you, and what will you qualify for? Read on for more information. Keep going to learn just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Fortis College-Norfolk.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at Fortis College-Norfolk, 96% of new full-time first-years were awarded at least some aid some 22 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,241 |
| Institutional grants & scholarships | 13% | $300 |
| Federal Pell grants | 96% | $7,077 |
| State/local grants | 0% | — |
| Federal student loans | 78% | $7,446 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Fortis College - Norfolk, around 80% of the undergraduate population received grant aid that averaged $6,447 (for some 351 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $6,447 |
| Federal Pell grants | 78% | $6,268 |
| Federal student loans | 73% | $7,879 |
Title-IV recipients living on campus saw average grant aid of $7,241.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $29,030 |
| $30,001 – $75,000 | $29,127 |
| Over $75,000 | $33,014 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $24,764 |
| Off-campus title-IV students | $29,556 |
To get a personalized net price estimate, try Fortis College - Norfolk’s online cost calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_norfolk.htm.
A typical borrower at Fortis College - Norfolk leaves with $9,396 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,396 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Fortis College - Norfolk.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,717 |
| 75th percentile | $10,996 |
| 90th percentile (highest-debt students) | $14,250 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $9,262 |
| Middle income | $9,500 |
| High income | $8,466 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,340 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,500 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Fortis College - Norfolk.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at Fortis College - Norfolk:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13400 |
| Total Stafford loan amount | $141,280,916 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 29 |
| Total GI Bill amount | $266,345 |
| Average GI Bill amount per recipient | $9,184 |
References
More about our data sources and methodologies.