by our College Data Analytics TeamThis guide covers the real cost of attending Fortis College-Richmond, from the published cost of attendance and projected degree cost through to net price, median student debt at graduation, default outcomes, and how aid varies by family income.
If you want to dig into a particular figure, jump to any section below:
The full cost of attending Fortis College-Richmond works out to about $26,643.00 annually.
Cost is shown below as the full sticker price, the average net price after aid, and the low-income net price.
| Tuition and fees | $15,688.00 |
| + Room, board & other expenses | $10,955.00 |
| Total cost | $26,643.00 |
| That is 19% below the national average net price. |
| Total cost | $26,643.00 |
| − Grants and scholarships | −$7,011.00 |
| Net price | $19,632.00 |
| That is 40% below the national average net price. |
| Total cost | $26,643.00 |
| − Grants and scholarships | −$7,342.00 |
| Net price | $19,301.00 |
| That is 41% below the national average net price. | |
| Go deeper on the components with the tuition & fees page plus living costs. |
Published costs have climbed year over year by around 2.7% annually, so the projections below total more than one year of attendance. Below, the cost is projected across a degree for three students at once — low-income with aid, average aid, and no aid. Loan figures amortise the projected total over ten years at 6.8%.
| Projected 4-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.7% | 2.7% | 2.7% |
| Freshman year | $19,824.00 | $20,164.00 | $27,364.00 |
| Senior year | $21,478.00 | $21,846.00 | $29,648.00 |
| Total 4-year net price | $82,574.00 | $83,990.00 | $113,984.00 |
| 10-year loan interest @ 6.8% | $31,458.00 | $31,997.00 | $43,424.00 |
| Total monthly payment | $950.00 | $967.00 | $1,312.00 |
| Total amount paid | $114,031.00 | $115,987.00 | $157,408.00 |
| Projected 2-year net costs | Low Income w/ Aid | w/ Average Aid | No Aid |
|---|---|---|---|
| Annual growth rate | 2.7% | 2.7% | 2.7% |
| Freshman year | $19,824.00 | $20,164.00 | $27,364.00 |
| Senior year | $20,360.00 | $20,710.00 | $28,105.00 |
| Total 2-year net price | $40,184.00 | $40,873.00 | $55,470.00 |
| 10-year loan interest @ 6.8% | $15,309.00 | $15,571.00 | $21,132.00 |
| Total monthly payment | $462.00 | $470.00 | $638.00 |
| Total amount paid | $55,493.00 | $56,444.00 | $76,602.00 |
Read more in the net-price section.
The net price is the real out-of-pocket cost — what families pay after grant and scholarship aid is applied. This is the more honest cost figure for most families, since it accounts for institutional and federal aid.
| Average net price (on-campus) | $24,635.00 |
| Average net price (off-campus) | $19,803.00 |
The real cost varies by income because need-based aid scales with financial need. The breakdown below splits average net price across income brackets:
| Family income | Average net price |
|---|---|
| Under $30,000 | $19,347.00 |
| $30,000 to $48,000 | $19,604.00 |
| $48,001 to $75,000 | $21,093.00 |
| $75,001 to $110,000 | $26,643.00 |
| Over $110,000 | $26,643.00 |
Run your own numbers with the Fortis College-Richmond Net Price Calculator, or reach out to the financial aid office.
Want to know how that aid is awarded? See the grants & scholarships detail.
The typical debt load for borrowers leaving Fortis College-Richmond comes to $9,396.00, which the Department of Education classifies as a Very Low (<$10k) burden tier.
The full distribution of debt at graduation looks like this:
| Percentile | Debt at graduation |
|---|---|
| 10th | $3,167.00 |
| 25th | $5,717.00 |
| Median (50th) | $9,396.00 |
| 75th | $10,996.00 |
| 90th | $14,250.00 |
The distance from the 10th to the 90th percentile shows how widely debt outcomes vary.
For the full borrowing and repayment picture, see the student loan debt page.
Debt at graduation is far from uniform across income levels. The figures below split graduating borrowers into three income brackets:
| Family income | Median debt at graduation |
|---|---|
| Low income | $9,262.00 |
| Middle income | $9,500.00 |
| High income | $8,466.00 |
Graduates from lower-income families carry $796.00 in additional median debt versus high-income graduates.
First-generation students frequently graduate with different debt than continuing-generation students.
| Student group | Median debt at graduation |
|---|---|
| First-generation students | $9,340.00 |
| Continuing-generation students | $9,500.00 |
Pell Grants are the largest source of federal need-based aid for undergrads. Contrasting Pell and non-Pell borrowers shows how need shapes debt.
The gap between Pell-eligible and non-Pell median debt at Fortis College-Richmond stands at $373.00. The Department of Education flags this school for a Pell-debt-inequity pattern.
The default-rate category at Fortis College-Richmond is Low (<5%).
| Window | Cohort default rate |
|---|---|
| 2-year | 7.0% |
To give some context for these rates, Stafford loans disbursed at Fortis College-Richmond reach $141,280,916.00 across 13,400 loan recipients.
Veterans and current servicemembers may be eligible for major federal education benefits including the GI Bill and Tuition Assistance from the Department of Defense.
| GI Bill recipients | 20 |
| Avg GI Bill amount | $10,878.00 |
Explore GI Bill and military aid in detail on the college veterans page.
Beyond the data above, it helps to ask a few questions when weighing Fortis College-Richmond, a few questions are worth asking:
Dig further into the cost picture with the related pages below:
Data sources. Figures on this page draw from the U.S. Department of Education College Scorecard, the Integrated Postsecondary Education Data System (IPEDS), and MediaFactual editorial review. Net-price calculator and financial-aid office links are taken from the institution’s own published data.