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Fortis Institute - Wayne Financial Aid Details

95% Freshmen Get Financial Aid
$5,790 Average Grant & Scholarship
74% Undergrads Get Grant Aid

Most students will not be asked to pay 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 price tag of going to Fortis Institute - Wayne can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

Just what financing solutions does Fortis Institute - Wayne deliver, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to discover just how much financial aid could be open to you.

Understanding Fortis Institute - Wayne Financial Aid Info

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Fortis Institute - Wayne.

Freshman Financial Aid at Fortis Institute - Wayne

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

Looking at the entering class at Fortis Institute - Wayne, 95% of first-time, full-time freshmen received some form of financial aid roughly 222 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$6,422
Institutional grants & scholarships21%$694
Federal Pell grants86%$6,041
State/local grants3%$5,071
Federal student loans89%$8,303

Scholarships and Grants at Fortis Institute - Wayne

Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, roughly 74% of the undergraduate population received grant aid that averaged $5,790 (across approximately 486 undergraduates).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)74%$5,790
Federal Pell grants73%$5,569
Federal student loans72%$6,970

For students living on campus and receiving title-IV aid, grants averaged $5,653.

Aid by Income Level at Fortis Institute - Wayne

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$22,240
$30,001 – $75,000$22,087
Over $75,000$27,708

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

What a Degree Really Costs at Fortis Institute - Wayne

The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.

CohortAverage Net Price
On-campus title-IV students$24,009
Off-campus title-IV students$23,607

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

What Students Owe at Fortis Institute - Wayne

Graduating students at Fortis Institute - Wayne carry a median federal student debt of $9,100 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$9,100
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

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Fortis Institute - Wayne.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,668
25th percentile$6,235
75th percentile$11,250
90th percentile (highest-debt students)$13,063

Median Debt by Student Group at Fortis Institute - Wayne

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

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,332
Middle income$8,233
High income$7,214

By First-Generation Status

CohortMedian federal debt
First-generation students$9,015
Continuing-generation students$9,500

By Dependency Status

CohortMedian federal debt
Dependent students$7,215
Independent students$9,500

Calculated Debt-Outcome Indicators

Federal data publishes pre-calculated indicators that summarize debt outcomes. Fortis Institute - Wayne.

Federal Loan Volume at Fortis Institute - Wayne

Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Fortis Institute - Wayne:

MetricValue
Stafford loan recipients12806
Total Stafford loan amount$117,350,719

Aid for Military-Affiliated Students at Fortis Institute - Wayne

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.

GI Bill volume

MetricValue
GI Bill recipients9
Total GI Bill amount$87,390
Average GI Bill amount per recipient$9,710

External Resources for Fortis Institute - Wayne

References

More about our data sources and methodologies.

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