Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 72.89% of students received grants or scholarships and 73% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14369 (62%)$4,648367 (62%)$4,105413 (70%)$9,290
2014-15368 (64%)$5,709361 (63%)$5,308394 (69%)$9,092
2015-16465 (65%)$4,572463 (65%)$4,337453 (64%)$9,389
2016-17515 (77%)$4,097512 (76%)$3,921460 (68%)$8,320
2017-18477 (83%)$3,950475 (82%)$3,839382 (66%)$6,399
2018-19479 (77%)$4,570475 (76%)$4,299417 (67%)$7,066
2019-20428 (71%)$5,128420 (69%)$4,624372 (61%)$7,616
2020-21434 (72%)$5,762408 (68%)$4,980361 (60%)$7,841
2021-22346 (70%)$5,903311 (63%)$4,525286 (58%)$7,426
Average431 (71.22%)$4,927421 (69.33%)$4,438393 (64.78%)$8,049
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14116 (45%)$4,532117 (45%)$9,081
2014-15294 (80%)$5,855309 (84%)$9,818
2015-16369 (77%)$4,532374 (78%)$9,955
2016-17213 (84%)$4,118226 (89%)$9,348
2017-18226 (86%)$4,462225 (85%)$6,992
2018-19227 (74%)$5,023214 (69%)$8,034
2019-20129 (71%)$5,975128 (70%)$8,551
2020-21114 (71%)$5,624109 (68%)$8,331
2021-2291 (68%)$6,71587 (65%)$8,470
Average198 (72.89%)$5,204199 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14114 (44%)$3,95947 (18%)$2041 (0%)$3,00094 (36%)$657
2014-15288 (78%)$5,716168 (46%)$1959 (2%)$3,0017 (2%)$2,180
2015-16369 (77%)$4,349198 (41%)$199--4 (1%)$6,974
2016-17212 (84%)$3,98287 (34%)$217--88 (35%)$160
2017-18225 (85%)$4,266159 (60%)$162--160 (61%)$143
2018-19226 (73%)$4,68982 (27%)$3783 (1%)$5,32594 (31%)$358
2019-20127 (70%)$5,04073 (40%)$1,526--54 (30%)$357
2020-21106 (66%)$5,481100 (63%)$4841 (1%)$2,96955 (34%)$160
2021-2291 (68%)$5,54770 (53%)$981--40 (30%)$940
Average195 (71.67%)$4,781109 (42.44%)$4834 (1.33%)$3,57466 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14117 (45%)$9,081116 (45%)$9,1471 (0%)$1,438
2014-15309 (84%)$9,818309 (84%)$9,8001 (0%)$5,572
2015-16374 (78%)$9,955372 (78%)$9,89116 (3%)$2,737
2016-17226 (89%)$9,348226 (89%)$9,2735 (2%)$3,403
2017-18225 (85%)$6,992225 (85%)$6,9514 (2%)$2,341
2018-19214 (69%)$8,034214 (69%)$8,0152 (1%)$2,000
2019-20128 (70%)$8,551128 (70%)$8,5271 (1%)$3,000
2020-21109 (68%)$8,331108 (68%)$8,3532 (1%)$3,000
2021-2287 (65%)$8,47087 (65%)$8,4012 (2%)$3,000
Average199 (72.56%)$8,731198 (72.56%)$8,7064 (1.71%)$2,943