by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Fortis Institute can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Fortis Institute - Houston deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Fortis Institute.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Fortis Institute, 89% of the incoming full-time class was awarded financial aid approximately 208 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,326 |
| Institutional grants & scholarships | 14% | $148 |
| Federal Pell grants | 83% | $6,226 |
| State/local grants | 0% | — |
| Federal student loans | 81% | $7,720 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Fortis Institute - Houston, roughly 79% of the undergraduate population received grant aid that averaged $5,998 (across roughly 506 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $5,998 |
| Federal Pell grants | 79% | $5,858 |
| Federal student loans | 68% | $7,727 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $6,142.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,871 |
| $30,001 – $75,000 | $15,688 |
| Over $75,000 | $20,199 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,332 |
| Off-campus title-IV students | $15,326 |
For an estimate tailored to your family circumstances, see Fortis Institute - Houston’s NPC: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_houston_north.htm.
The middle student in the debt distribution at Fortis Institute - Houston owes $6,333 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,333 |
| 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.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at Fortis Institute - Houston.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,167 |
| 25th percentile | $5,500 |
| 75th percentile | $9,414 |
| 90th percentile (highest-debt students) | $11,524 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,334 |
| Middle income | $6,333 |
| High income | $6,333 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $6,333 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,347 |
| Independent students | $6,333 |
A handful of calculated indicators summarize the debt outlook at Fortis Institute - Houston.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at Fortis Institute - Houston:
| Metric | Value |
|---|---|
| Stafford loan recipients | 29627 |
| Total Stafford loan amount | $256,063,867 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 19 |
| Total GI Bill amount | $240,197 |
| Average GI Bill amount per recipient | $12,642 |
References
More about our data sources and methodologies.