Over the past 6 years (2019-2023), the average number of students who received grants aid/scholarships is 226, which is 82.40 % of all undergraduate students. 187 students which is 68.20% of undergraduate students received federal student loans and the average loan amount is $8,501.
For full-time, first-time beginning students (freshmen), 94.40% of students received grants or scholarships and 85% of students received student loans.
The following table shows the trends of financial aid for all undergraduate students at Fortis Institute-Cookeville since 2018.
For that period, the average number of students who received grants aid/scholarships is 226, which is 82.40 % of all undergraduate students. 187 students which is 68.20% of undergraduate students received federal student loans and the average loan amount is $8,501.
| Year | Grant or Scholarship* | Pell Grants | Federal Student Loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 177 (82%) | $5,104 | 172 (80%) | $4,531 | 146 (68%) | $7,889 |
| 2019-20 | 196 (81%) | $4,912 | 180 (75%) | $4,462 | 148 (61%) | $8,127 |
| 2020-21 | 255 (84%) | $4,885 | 211 (69%) | $4,506 | 204 (67%) | $8,815 |
| 2021-22 | 262 (85%) | $5,490 | 196 (64%) | $4,497 | 212 (69%) | $8,981 |
| 2022-23 | 239 (80%) | $6,458 | 217 (73%) | $5,865 | 227 (76%) | $8,691 |
| Average | 226 (82.40%) | $5,370 | 195 (72.20%) | $4,772 | 187 (68.20%) | $8,501 |
For the last 6 years, on average, 23 (94.40 % of students) received grants or scholarships and its average amount is $5,746. It can cover 38.00% of tuition & fees ($15,120).
In addition, 20 (85.20 % of students) students get helped from the students loans (average amount : $7,611).
| Year | Grants or Scholarships* | Student Loans | ||
|---|---|---|---|---|
| Number Received (percent**) | Average Amount | Number Received (percent**) | Average Amount | |
| 2018-19 | 17 (89%) | $4,291 | 15 (79%) | $6,389 |
| 2019-20 | 29 (97%) | $4,849 | 22 (73%) | $8,083 |
| 2020-21 | 19 (95%) | $6,863 | 17 (85%) | $8,778 |
| 2021-22 | 28 (100%) | $5,116 | 26 (93%) | $7,431 |
| 2022-23 | 21 (91%) | $7,612 | 22 (96%) | $7,375 |
| Average | 23 (94.40%) | $5,746 | 20 (85.20%) | $7,611 |
The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 21 (86.40 % of students) received Pell (federal) grants and its average amount is $5,315.
In addition, 3 students received State/local government grants/scholarships (11.50 % of students).
| Year | Federal (Pell) Grants | Other Federal | State/Local government | Institutional | ||||
|---|---|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 14 (74%) | $4,553 | 1 (5%) | $450 | 2 (11%) | $1,250 | 5 (26%) | $1,252 |
| 2019-20 | 27 (90%) | $4,654 | 17 (57%) | $793 | - | - | 1 (3%) | $1,500 |
| 2020-21 | 19 (95%) | $5,924 | 12 (60%) | $425 | 3 (15%) | $3,114 | 14 (70%) | $244 |
| 2021-22 | 23 (82%) | $4,665 | 27 (96%) | $796 | 2 (7%) | $5,906 | 6 (21%) | $441 |
| 2022-23 | 21 (91%) | $6,781 | 13 (57%) | $415 | 3 (13%) | $3,416 | 13 (57%) | $138 |
| Average | 21 (86.40%) | $5,315 | 14 (55.00%) | $576 | 3 (11.50%) | $3,422 | 8 (35.40%) | $715 |
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 6 years, on average, 20 (85.20 % of students) get any students loan help and its average loan amount is $20.
| Year | Total | Federal student loans | Other student loans | |||
|---|---|---|---|---|---|---|
| Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | Number Received (percent) | Average Amount | |
| 2018-19 | 15 (79%) | $6,389 | 15 (79%) | $6,389 | - | - |
| 2019-20 | 22 (73%) | $8,083 | 22 (73%) | $7,810 | 2 (7%) | $3,000 |
| 2020-21 | 17 (85%) | $8,778 | 17 (85%) | $8,778 | - | - |
| 2021-22 | 26 (93%) | $7,431 | 26 (93%) | $6,778 | 3 (11%) | $5,659 |
| 2022-23 | 22 (96%) | $7,375 | 22 (96%) | $7,239 | 1 (4%) | $3,000 |
| Average | 20 (85.20%) | $7,611 | 20 (85.20%) | $7,399 | 2 (7.33%) | $3,886 |
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