How Fortis Institute's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Fortis Institute since 2013.

For that period, the average number of students who received grants aid/scholarships is 431, which is 71.22 % of all undergraduate students. 393 students which is 64.78% of undergraduate students received federal student loans and the average loan amount is $8,049.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	369 (62%)	$4,648	367 (62%)	$4,105	413 (70%)	$9,290
2014-15	368 (64%)	$5,709	361 (63%)	$5,308	394 (69%)	$9,092
2015-16	465 (65%)	$4,572	463 (65%)	$4,337	453 (64%)	$9,389
2016-17	515 (77%)	$4,097	512 (76%)	$3,921	460 (68%)	$8,320
2017-18	477 (83%)	$3,950	475 (82%)	$3,839	382 (66%)	$6,399
2018-19	479 (77%)	$4,570	475 (76%)	$4,299	417 (67%)	$7,066
2019-20	428 (71%)	$5,128	420 (69%)	$4,624	372 (61%)	$7,616
2020-21	434 (72%)	$5,762	408 (68%)	$4,980	361 (60%)	$7,841
2021-22	346 (70%)	$5,903	311 (63%)	$4,525	286 (58%)	$7,426
Average	431 (71.22%)	$4,927	421 (69.33%)	$4,438	393 (64.78%)	$8,049

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

Overview

For the last 10 years, on average, 198 (72.89 % of students) received grants or scholarships and its average amount is $5,204. It can cover 32.00% of tuition & fees ($16,264).

In addition, 199 (72.56 % of students) students get helped from the students loans (average amount : $8,731).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	116 (45%)	$4,532	117 (45%)	$9,081
2014-15	294 (80%)	$5,855	309 (84%)	$9,818
2015-16	369 (77%)	$4,532	374 (78%)	$9,955
2016-17	213 (84%)	$4,118	226 (89%)	$9,348
2017-18	226 (86%)	$4,462	225 (85%)	$6,992
2018-19	227 (74%)	$5,023	214 (69%)	$8,034
2019-20	129 (71%)	$5,975	128 (70%)	$8,551
2020-21	114 (71%)	$5,624	109 (68%)	$8,331
2021-22	91 (68%)	$6,715	87 (65%)	$8,470
Average	198 (72.89%)	$5,204	199 (72.56%)	$8,731

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 195 (71.67 % of students) received Pell (federal) grants and its average amount is $4,781.

In addition, 4 students received State/local government grants/scholarships (1.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	114 (44%)	$3,959	47 (18%)	$204	1 (0%)	$3,000	94 (36%)	$657
2014-15	288 (78%)	$5,716	168 (46%)	$195	9 (2%)	$3,001	7 (2%)	$2,180
2015-16	369 (77%)	$4,349	198 (41%)	$199	-	-	4 (1%)	$6,974
2016-17	212 (84%)	$3,982	87 (34%)	$217	-	-	88 (35%)	$160
2017-18	225 (85%)	$4,266	159 (60%)	$162	-	-	160 (61%)	$143
2018-19	226 (73%)	$4,689	82 (27%)	$378	3 (1%)	$5,325	94 (31%)	$358
2019-20	127 (70%)	$5,040	73 (40%)	$1,526	-	-	54 (30%)	$357
2020-21	106 (66%)	$5,481	100 (63%)	$484	1 (1%)	$2,969	55 (34%)	$160
2021-22	91 (68%)	$5,547	70 (53%)	$981	-	-	40 (30%)	$940
Average	195 (71.67%)	$4,781	109 (42.44%)	$483	4 (1.33%)	$3,574	66 (28.89%)	$1,325

^*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..

Student Loans

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, 199 (72.56 % of students) get any students loan help and its average loan amount is $199.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	117 (45%)	$9,081	116 (45%)	$9,147	1 (0%)	$1,438
2014-15	309 (84%)	$9,818	309 (84%)	$9,800	1 (0%)	$5,572
2015-16	374 (78%)	$9,955	372 (78%)	$9,891	16 (3%)	$2,737
2016-17	226 (89%)	$9,348	226 (89%)	$9,273	5 (2%)	$3,403
2017-18	225 (85%)	$6,992	225 (85%)	$6,951	4 (2%)	$2,341
2018-19	214 (69%)	$8,034	214 (69%)	$8,015	2 (1%)	$2,000
2019-20	128 (70%)	$8,551	128 (70%)	$8,527	1 (1%)	$3,000
2020-21	109 (68%)	$8,331	108 (68%)	$8,353	2 (1%)	$3,000
2021-22	87 (65%)	$8,470	87 (65%)	$8,401	2 (2%)	$3,000
Average	199 (72.56%)	$8,731	198 (72.56%)	$8,706	4 (1.71%)	$2,943

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Scholarships, Grants, and Loan Trends at Fortis Institute

All Undergraduate Students Financial Aid Over Time

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