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Fortis Institute-Nashville Paying for Your Degree

100% Freshmen Get Financial Aid
$6,414 Average Grant & Scholarship
81% Undergrads Get Grant Aid

Most students will never be charged 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-Nashville can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financing solutions does Fortis Institute - Nashville deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to discover what amount of financial assistance could be accessible to you.

Importance of Fortis Institute - Nashville Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Fortis Institute-Nashville.

What First Years Receive at Fortis Institute-Nashville

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.

At Fortis Institute-Nashville, 100% of new full-time first-years were awarded at least some aid roughly 40 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)93%$7,091
Institutional grants & scholarships5%$488
Federal Pell grants93%$7,052
State/local grants0%
Federal student loans78%$7,957

Scholarship and Grant Awards at Fortis Institute-Nashville

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Here, around 81% of undergraduates were awarded an average grant or scholarship of $6,414 (across approximately 318 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)81%$6,414
Federal Pell grants75%$6,493
Federal student loans74%$8,503

Title-IV recipients living on campus saw average grant aid of $6,559.

How Cost Varies by Income at Fortis Institute-Nashville

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$29,336
$30,001 – $75,000$29,934
Over $75,000$32,762

Remember these are net prices — what families pay after gift aid, not before.

The Real Cost of Attending Fortis Institute-Nashville

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.

CohortAverage Net Price
On-campus title-IV students$29,039
Off-campus title-IV students$29,669

For a customized cost estimate, visit Fortis Institute - Nashville’s net price tool: www.fortis.edu/content/dam/fortis/compliance/netpricecalc/npcalc-fortis_nashville.htm.

What Students Owe at Fortis Institute-Nashville

Graduating students at Fortis Institute - Nashville carry a median federal student debt of $9,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500
Median federal debt (graduates only)$12,346
Typical 10-year monthly payment (graduates)$130.89/mo

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

The Full Range of Student Debt

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

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$6,334
75th percentile$13,992
90th percentile (highest-debt students)$23,501

How Debt Outcomes Vary by Student Group at Fortis Institute-Nashville

How much a student borrows depends heavily on family income, first-gen status, and dependency.

By Family Income

Income tierMedian federal debt
Low income$9,500
Middle income$10,727
High income$9,832

First-Gen vs Continuing-Gen Median Debt

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

By Dependency Status

CohortMedian federal debt
Dependent students$7,667
Independent students$9,500

Is the Debt Manageable?

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

Federal Loan Volume at Fortis Institute-Nashville

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 - Nashville:

MetricValue
Stafford loan recipients20521
Total Stafford loan amount$232,959,126

GI Bill and DoD Benefits at Fortis Institute-Nashville

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients29
Total GI Bill amount$300,741
Average GI Bill amount per recipient$10,370

References

More about our data sources and methodologies.

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