For the academic year 2022-2023, total 92 full-time, first-time students (69% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 346 students (70% of all students) received grants or scholarships and the average grant amount is $5,903. In addition, 286 students received student loans and the average loan amount is $7,426.
Below tables show the number and amount by source of financial aid at Fortis Institute.
For all undergraduate students, total 346 students (70% of all students) received grants or scholarships and the average grant amount is $5,903. In addition, 286 students received student loans and the average loan amount is $7,426.
Below tables show the number and amount by source of financial aid at Fortis Institute.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 346 | 70% | $5,903 |
| Pell Grants | 311 | 63% | $4,525 |
| Federal Student Loans | 286 | 58% | $7,426 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 92 | 69% | - |
| Grants or Scholarship from All Sources | 91 | 68% | $6,715 |
| Federal Grants | 91 | 68% | $6,302 |
| Pell Grants | 91 | 68% | $5,547 |
| Other Federal Grants | 70 | 53% | $981 |
| State/Local Grants | 0 | 0% | $0 |
| Institutional Grants | 40 | 30% | $940 |
| Student Loans | 87 | 65% | $8,470 |
| Federal Student Loans | 87 | 65% | $8,401 |
| Other Student Loans | 2 | 2% | $3,000 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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