Scholarships, Grants, and Loan Trends at Fortis College-Norfolk

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 251, which is 73.89 % of all undergraduate students. 201 students which is 59.56% of undergraduate students received federal student loans and the average loan amount is $8,368.
For full-time, first-time beginning students (freshmen), 83.33% of students received grants or scholarships and 79% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Fortis College-Norfolk since 2013.
For that period, the average number of students who received grants aid/scholarships is 251, which is 73.89 % of all undergraduate students. 201 students which is 59.56% of undergraduate students received federal student loans and the average loan amount is $8,368.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1487 (30%)$4,85076 (26%)$4,85087 (30%)$9,250
2014-15256 (81%)$4,666251 (80%)$4,560190 (60%)$8,825
2015-16228 (78%)$5,018227 (78%)$4,720187 (64%)$8,623
2016-17222 (74%)$4,741219 (73%)$4,502176 (59%)$8,415
2017-18182 (78%)$4,763179 (77%)$4,476149 (64%)$6,656
2018-19230 (78%)$5,152226 (77%)$4,715192 (66%)$7,850
2019-20292 (77%)$5,075266 (70%)$4,702238 (62%)$8,181
2020-21370 (81%)$4,639312 (69%)$4,274277 (61%)$8,525
2021-22392 (88%)$5,972324 (73%)$4,511311 (70%)$8,985
Average251 (73.89%)$4,986231 (69.22%)$4,590201 (59.56%)$8,368

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 39 (83.33 % of students) received grants or scholarships and its average amount is $5,335. It can cover 37.88% of tuition & fees ($14,083).
In addition, 37 (78.56 % of students) students get helped from the students loans (average amount : $8,042).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1476 (87%)$4,79287 (100%)$9,250
2014-1535 (76%)$4,63031 (67%)$9,477
2015-1649 (89%)$5,11946 (84%)$9,208
2016-1765 (94%)$5,98162 (90%)$9,252
2017-1812 (75%)$6,51313 (81%)$5,032
2018-1932 (73%)$5,48126 (59%)$8,370
2019-2037 (82%)$5,86434 (76%)$7,211
2020-2120 (74%)$4,87118 (67%)$6,768
2021-2223 (100%)$4,76519 (83%)$7,807
Average39 (83.33%)$5,33537 (78.56%)$8,042
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 38 (79.00 % of students) received Pell (federal) grants and its average amount is $4,909.
In addition, 6 students received State/local government grants/scholarships (9.00 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1475 (86%)$4,8501 (1%)$224--1 (1%)$200
2014-1535 (76%)$4,6047 (15%)$129----
2015-1649 (89%)$5,1171 (2%)$113----
2016-1765 (94%)$5,18655 (80%)$1516 (9%)$4,63555 (80%)$283
2017-189 (56%)$5,2997 (44%)$109--9 (56%)$3,300
2018-1932 (73%)$5,08823 (52%)$396--23 (52%)$151
2019-2036 (80%)$5,05629 (64%)$1,160--12 (27%)$106
2020-2120 (74%)$4,53313 (48%)$381--14 (52%)$129
2021-2219 (83%)$4,45221 (91%)$974--13 (57%)$348
Average38 (79.00%)$4,90917 (44.11%)$4046 (9.00%)$4,63518 (46.43%)$645
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 37 (78.56 % of students) get any students loan help and its average loan amount is $37.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1487 (100%)$9,25085 (98%)$9,4072 (2%)$2,580
2014-1531 (67%)$9,47731 (67%)$9,477--
2015-1646 (84%)$9,20846 (84%)$9,208--
2016-1762 (90%)$9,25262 (90%)$9,252--
2017-1813 (81%)$5,03213 (81%)$5,032--
2018-1926 (59%)$8,37026 (59%)$8,2591 (2%)$2,880
2019-2034 (76%)$7,21134 (76%)$7,1511 (2%)$2,039
2020-2118 (67%)$6,76818 (67%)$6,768--
2021-2219 (83%)$7,80719 (83%)$7,807--
Average37 (78.56%)$8,04237 (78.33%)$8,0401 (2.00%)$2,500
Most Searched Virginia Colleges (last 30 days)
Related Articles and Ads