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.
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.
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $7,763 |
| Institutional grants & scholarships | 47% | $443 |
| Federal Pell grants | 86% | $7,334 |
| State/local grants | 2% | $7,000 |
| Federal student loans | 71% | $7,258 |
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 Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 78% | $6,142 |
| Federal Pell grants | 77% | $5,978 |
| Federal student loans | 70% | $7,393 |
On-campus students receiving title-IV aid were awarded grants averaging $7,631.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average 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.
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 | $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.
A typical borrower at Fortis College - Smyrna leaves with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| 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.
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.
| Percentile | Cumulative 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 are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,643 |
| High income | $9,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,834 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,600 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for 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:
| Metric | Value |
|---|---|
| Stafford loan recipients | 32356 |
| Total Stafford loan amount | $383,584,422 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 69 |
| Total GI Bill amount | $599,428 |
| Average GI Bill amount per recipient | $8,687 |
References
More about our data sources and methodologies.