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Fortis College-Smyrna Financial Aid & Debt Outcomes

91% Freshmen Get Financial Aid
$6,142 Average Grant & Scholarship
78% Undergrads Get Grant Aid

Most students will not be asked to pay 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 price tag of going to Fortis College-Smyrna can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financial assistance solutions will Fortis College - Smyrna deliver, and just what are you going to be eligible for? Read on for answers. Keep going to learn how much school funding will be available to you.

Importance of Fortis College - Smyrna Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The information provided on this page can help you determine how much aid you may receive from Fortis College-Smyrna.

Freshman Financial Aid at Fortis College-Smyrna

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Fortis College-Smyrna, 91% of new full-time first-years were awarded at least some aid approximately 60 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)88%$7,763
Institutional grants & scholarships47%$443
Federal Pell grants86%$7,334
State/local grants2%$7,000
Federal student loans71%$7,258

Free Money: Grants and Scholarships at Fortis College-Smyrna

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At Fortis College - Smyrna, around 78% of undergrads got grants or scholarships worth on average $6,142 (for some 388 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)78%$6,142
Federal Pell grants77%$5,978
Federal student loans70%$7,393

On-campus students receiving title-IV aid were awarded grants averaging $7,631.

Income-Adjusted Net Price at Fortis College-Smyrna

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$24,299
$30,001 – $75,000$24,960
Over $75,000$31,214

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Fortis College-Smyrna

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.

CohortAverage Net Price
On-campus title-IV students$23,657
Off-campus title-IV students$24,705

For an estimate tailored to your family circumstances, see Fortis College - Smyrna’s official net price calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_smyrna.htm.

Typical Student Debt at Fortis College-Smyrna

A typical borrower at Fortis College - Smyrna leaves with $9,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$12,547
Typical 10-year monthly payment (graduates)$133.02/mo

Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.

Debt Spread by Percentile

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Fortis College - Smyrna.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$6,167
75th percentile$13,827
90th percentile (highest-debt students)$24,083

Debt Outcomes by Student Group at Fortis College-Smyrna

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$9,643
High income$9,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$9,500
Continuing-generation students$9,834

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$7,600
Independent students$9,500

Debt Burden Indicators

The figure below distills the debt data into a single burden category for Fortis College - Smyrna.

Federal Stafford Lending at Fortis College-Smyrna

Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Fortis College - Smyrna:

MetricValue
Stafford loan recipients32356
Total Stafford loan amount$383,584,422

Veterans Benefits at Fortis College-Smyrna

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients69
Total GI Bill amount$599,428
Average GI Bill amount per recipient$8,687

External Resources for Fortis College-Smyrna

References

More about our data sources and methodologies.

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