by our College Data Analytics TeamA large number of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Fortis Institute - Forty Fort can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
What financing options does Fortis Institute - Forty Fort offer, and what will you qualify for? Keep scrolling for more information. Scroll down to discover how much school funding could be available 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 Institute - Forty Fort.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Fortis Institute - Forty Fort, 96% of first-time, full-time freshmen received some form of financial aid (about 25 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $8,542 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 85% | $5,149 |
| State/local grants | 42% | $6,132 |
| Federal student loans | 85% | $6,613 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Fortis Institute - Forty Fort, about 70% of undergrads got grants or scholarships worth on average $6,685 (covering around 111 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $6,685 |
| Federal Pell grants | 67% | $4,865 |
| Federal student loans | 60% | $6,575 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,517.
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 | $18,333 |
| $30,001 – $75,000 | $18,974 |
| Over $75,000 | $24,644 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,291 |
| Off-campus title-IV students | $19,532 |
To project your own net price, use Fortis Institute - Forty Fort’s online cost calculator: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_forty_fort.htm.
The median student at Fortis Institute - Forty Fort graduates with $8,063 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,063 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/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. The four reference points below map the debt distribution at Fortis Institute - Forty Fort.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $7,122 |
| 75th percentile | $20,000 |
| 90th percentile (highest-debt students) | $26,477 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,640 |
| Middle income | $9,500 |
| High income | $12,813 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,138 |
| Continuing-generation students | $8,050 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,667 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at Fortis Institute - Forty Fort.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Fortis Institute - Forty Fort:
| Metric | Value |
|---|---|
| Stafford loan recipients | 6653 |
| Total Stafford loan amount | $71,889,912 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 11 |
| Total GI Bill amount | $111,830 |
| Average GI Bill amount per recipient | $10,166 |
References
More about our data sources and methodologies.