Financial Aid at Fortis Institute-Wayne
Financial Aid Amount Received
$5,264 (32.37% of tuition)
Percent of Financial Aid Received
73% of 404 students
426 undergraduate students (73% of all students) have received grants, scholarships, and/or federal student loans at Fortis Institute-Wayne. The percentage of students who received financial aid higher compared to Private (for-profit), Less Than 2-Years Colleges in New Jersey.
Compared to similar schools in rankings such as Adult and Continuing Education-BCTS and Lincoln Technical Institute-Iselin, the percentage of students who received financial aid is average (the average of the schools is 69.20%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $5,264 and the average loan amount is $6,782. The average financial aid amount is 32.37% of tuition & fees (tuition & fees: $16,264).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 426 | 73% | $2,242,447 | $5,264 |
| Pell Grants | 421 | 73% | $2,120,128 | $5,036 |
| Federal Students Loans | 411 | 71% | $2,787,493 | $6,782 |
Undergraduate Student Financial Aid Comparison Chart
First-time (full-time) Undergraduate Students Financial Aid
For the full-time, first-time undergraduate students (freshmen, in most cases), 192 students have received one or more types of financial aid at Fortis Institute-Wayne.
The average amount of federal, state, local or institutional grant aid is $6,082 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,965.
The following table shows the financial data by type of aid at Fortis Institute-Wayne.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 209 | 99% | - | - |
| Grant or scholarship aid | 192 | 91% | $1,167,661 | $6,082 |
| Federal Grants | 190 | 90% | $1,117,265 | $5,880 |
| Pell Grants | 190 | 90% | $1,089,952 | $5,737 |
| Other Federal Grants | 74 | 35% | $27,313 | $369 |
| State/Local Grants | 2 | 1% | $13,316 | $6,658 |
| Institutional Grants | 81 | 38% | $37,080 | $458 |
| Student Loans | 196 | 92% | $1,561,079 | $7,965 |
| Federal Student Loans | 195 | 92% | $1,454,782 | $7,460 |
| Other Student Loans | 28 | 13% | $106,297 | $3,796 |