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Fortis Institute-Scranton Financial Aid and Scholarship Details

91% Freshmen Get Financial Aid
$9,073 Average Grant & Scholarship
76% Undergrads Get Grant Aid

A large number of students are not billed 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 Institute-Scranton can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.

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

Understanding Fortis Institute - Scranton Financial Aid Info

Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Fortis Institute-Scranton.

Freshman Financial Aid at Fortis Institute-Scranton

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At Fortis Institute-Scranton, 91% of the incoming full-time class was awarded financial aid (about 20 first-years).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)86%$9,859
Institutional grants & scholarships0%
Federal Pell grants68%$6,546
State/local grants50%$7,684
Federal student loans82%$7,882

Free Money: Grants and Scholarships at Fortis Institute-Scranton

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Fortis Institute - Scranton, roughly 76% of undergraduate students received gift aid averaging $9,073 (across roughly 157 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)76%$9,073
Federal Pell grants71%$6,425
Federal student loans74%$8,481

For students living on campus and receiving title-IV aid, grants averaged $9,366.

What Families Pay by Income at Fortis Institute-Scranton

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

Family IncomeAverage Net Price
$0 – $48,000$23,194
$30,001 – $75,000$25,024
Over $75,000$28,952

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

What Students Actually Pay at Fortis Institute-Scranton

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$20,186
Off-campus title-IV students$24,235

For a customized cost estimate, visit Fortis Institute - Scranton’s net price tool: www.fortis.edu/portals/0/compliancefiles/netprice-calc/npcalc-fortis_scranton.htm.

Student Debt Levels at Fortis Institute-Scranton

The median federal debt load at Fortis Institute - Scranton comes to $8,063 of cumulative federal debt.

MetricAmount
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

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

Debt Spread by Percentile

A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at Fortis Institute - Scranton.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,167
25th percentile$7,122
75th percentile$20,000
90th percentile (highest-debt students)$26,477

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

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

By Family Income

Income tierMedian federal debt
Low income$7,640
Middle income$9,500
High income$12,813

By First-Generation Status

CohortMedian federal debt
First-generation students$8,138
Continuing-generation students$8,050

Dependency-Status Comparison

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

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Fortis Institute - Scranton.

Federal Student Loans at Fortis Institute-Scranton

Stafford loans make up the bulk of federal direct lending to undergraduates. The annual Stafford volume below reflects program activity at Fortis Institute - Scranton:

MetricValue
Stafford loan recipients6653
Total Stafford loan amount$71,889,912

Aid for Military-Affiliated Students at Fortis Institute-Scranton

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients6
Total GI Bill amount$74,018
Average GI Bill amount per recipient$12,336

References

More about our data sources and methodologies.

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