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

Over the past 12 years (2011-2022), the average number of students who received grants aid/scholarships is 241, which is 83.36 % of all undergraduate students. 219 students which is 77.00% of undergraduate students received federal student loans and the average loan amount is $9,361.
For full-time, first-time beginning students (freshmen), 90.18% of students received grants or scholarships and 90% 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-Indianapolis since 2011.
For that period, the average number of students who received grants aid/scholarships is 241, which is 83.36 % of all undergraduate students. 219 students which is 77.00% of undergraduate students received federal student loans and the average loan amount is $9,361.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-12115 (69%)$5,120109 (66%)$4,202108 (65%)$9,870
2012-13146 (83%)$5,446140 (80%)$4,469151 (86%)$9,301
2013-14159 (92%)$6,410150 (87%)$5,098144 (84%)$11,944
2014-15191 (83%)$5,569179 (77%)$4,676193 (84%)$10,982
2015-16226 (85%)$6,017201 (76%)$4,484203 (77%)$10,581
2016-17216 (77%)$5,056196 (70%)$4,110212 (76%)$8,920
2017-18290 (85%)$5,230267 (78%)$3,888270 (79%)$8,344
2018-19304 (86%)$5,927283 (80%)$4,492284 (81%)$8,550
2019-20348 (81%)$5,874326 (76%)$4,858312 (73%)$8,346
2020-21365 (86%)$5,539307 (72%)$4,504309 (73%)$7,573
2021-22287 (90%)$6,135235 (74%)$4,137221 (69%)$8,560
Average241 (83.36%)$5,666218 (76.00%)$4,447219 (77.00%)$9,361

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

For the last 12 years, on average, 26 (90.18 % of students) received grants or scholarships and its average amount is $5,839. It can cover 41.36% of tuition & fees ($14,116).
In addition, 26 (90.09 % of students) students get helped from the students loans (average amount : $9,677).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2011-1214 (78%)$5,92017 (94%)$10,668
2012-1331 (94%)$4,93931 (94%)$10,888
2013-1433 (97%)$6,58634 (100%)$11,873
2014-1526 (96%)$6,03827 (100%)$10,329
2015-1628 (90%)$5,87127 (87%)$10,039
2016-1713 (81%)$5,44012 (75%)$10,038
2017-1823 (85%)$5,92825 (93%)$8,130
2018-1927 (90%)$5,33326 (87%)$8,105
2019-2044 (94%)$6,27245 (96%)$8,386
2020-2126 (87%)$5,44228 (93%)$8,035
2021-2218 (100%)$6,45713 (72%)$9,961
Average26 (90.18%)$5,83926 (90.09%)$9,677
*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 12 years, on average, 25 (85.91 % of students) received Pell (federal) grants and its average amount is $5,322.
In addition, 3 students received State/local government grants/scholarships (11.29 % 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
2011-1214 (78%)$5,2323 (17%)$752 (11%)$4,1634 (22%)$269
2012-1328 (85%)$4,96421 (64%)$755 (15%)$2,0523 (9%)$760
2013-1432 (94%)$5,51928 (82%)$1028 (24%)$2,96518 (53%)$787
2014-1525 (93%)$5,09219 (70%)$753 (11%)$2,2899 (33%)$2,376
2015-1625 (81%)$5,47521 (68%)$1502 (6%)$2,3253 (10%)$6,568
2016-1712 (75%)$5,62911 (69%)$150--12 (75%)$127
2017-1823 (85%)$5,80016 (59%)$138--16 (59%)$46
2018-1926 (87%)$5,18019 (63%)$367--20 (67%)$118
2019-2043 (91%)$5,32537 (79%)$9793 (6%)$1,96731 (66%)$157
2020-2126 (87%)$4,98823 (77%)$389--23 (77%)$124
2021-2216 (89%)$5,33517 (94%)$1,3861 (6%)$1,75016 (89%)$347
Average25 (85.91%)$5,32220 (67.45%)$3533 (11.29%)$2,50214 (50.91%)$1,062
*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 12 years, on average, 26 (90.09 % of students) get any students loan help and its average loan amount is $26.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2011-1217 (94%)$10,66817 (94%)$10,5961 (6%)$1,228
2012-1331 (94%)$10,88831 (94%)$10,4074 (12%)$3,729
2013-1434 (100%)$11,87334 (100%)$11,873--
2014-1527 (100%)$10,32927 (100%)$10,0331 (4%)$8,000
2015-1627 (87%)$10,03927 (87%)$9,5393 (10%)$4,508
2016-1712 (75%)$10,03812 (75%)$9,7881 (6%)$3,000
2017-1825 (93%)$8,13025 (93%)$7,8423 (11%)$2,397
2018-1926 (87%)$8,10526 (87%)$7,9273 (10%)$1,537
2019-2045 (96%)$8,38645 (96%)$8,0935 (11%)$2,642
2020-2128 (93%)$8,03528 (93%)$7,9281 (3%)$3,000
2021-2213 (72%)$9,96113 (72%)$9,6531 (6%)$4,000
Average26 (90.09%)$9,67726 (90.09%)$9,4252 (7.90%)$3,404
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