by our College Data Analytics TeamMost students will never be charged 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-Salt Lake City can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can Fortis College - Salt Lake City offer you, and what will you qualify for? Keep reading for more information. Read on to find out what amount of financial assistance will be accessible 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-Salt Lake City.
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.
For incoming first-year students at Fortis College-Salt Lake City, 97% of new full-time first-years were awarded at least some aid around 29 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $7,083 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 80% | $6,858 |
| State/local grants | 0% | — |
| Federal student loans | 83% | $8,579 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at Fortis College - Salt Lake City, approximately 65% of the undergraduate population received grant aid that averaged $5,796 (for some 243 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 65% | $5,796 |
| Federal Pell grants | 60% | $5,676 |
| Federal student loans | 75% | $8,641 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,071.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,422 |
| $30,001 – $75,000 | $26,726 |
| Over $75,000 | $29,665 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,586 |
| Off-campus title-IV students | $25,803 |
For an estimate tailored to your family circumstances, see Fortis College - Salt Lake City’s official net price calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_salt_lake_city.html.
The median student at Fortis College - Salt Lake City graduates with $11,501 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,501 |
| Median federal debt (graduates only) | $13,000 |
| Typical 10-year monthly payment (graduates) | $137.82/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Fortis College - Salt Lake City.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $6,334 |
| 75th percentile | $17,813 |
| 90th percentile (highest-debt students) | $28,694 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $10,000 |
| Middle income | $13,000 |
| High income | $13,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,976 |
| Continuing-generation students | $13,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,000 |
| Independent students | $12,997 |
A handful of calculated indicators summarize the debt outlook at Fortis College - Salt Lake City.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The totals below capture Stafford lending at Fortis College - Salt Lake City:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15511 |
| Total Stafford loan amount | $211,386,854 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 24 |
| Total GI Bill amount | $236,926 |
| Average GI Bill amount per recipient | $9,872 |
References
More about our data sources and methodologies.