by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
What financial aid options does Fortis Institute - Scranton offer, and what will you qualify for? Keep scrolling for answers.
Fortis Institute - Scranton average financial aid offer for freshmen students is $6,518.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as loans.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Fortis Institute - Scranton.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Fortis Institute - Scranton.
11% of incoming freshmen (6 total) were awarded scholarships at Fortis Institute - Scranton, averaging $5,006.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 86% of freshmen (49 total) obtained a federal grant, for about $6,007.00 a piece.
Amount of Financial Assistance Per Income Level
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 64.91% | $6,782.00 |
| Income 30k-48k | 14.04% | $7,117.00 |
| Income 48k-75k | 5.26% | $4,097.00 |
| Income 75k-110k | 7.02% | $4,020.00 |
| Income 110k + | 1.75% | $6,014.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
55 Fortis Institute - Scranton undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $6,518.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.