Tuition fees at Fortis College rose by 6.6% for the 2022-23 academic year, based on the latest information released, according to the latest disclosure from the National Center for Education Statistics.
Students enrolled at the private for-profit institution paid $16,264 this year, which is $1,006 higher than the $15,258 charged during the 2021-22 academic year.
Approximately 98% of the undergraduate student body at the college are residents of Alabama, while around 2% come from other states.
Records indicate that 93% of full-time undergraduates who began studies at Fortis College in 2022-23 received some form of financial aid. A total of 119 students were awarded grants or scholarships amounting to $749,426, and 112 students obtained student loans exceeding $729,975.
Across all undergraduate students, 309 received grants or scholarships totaling $1.8 million. Additionally, 261 students borrowed $1.6 million in federal student loans.
Undergraduate education costs have seen a significant increase over the past few decades. Data shows a 169% rise in the average total cost, including tuition, fees, room, and board, between 1980 and 2020.
According to a 2023 College Board report, in-state students at public universities paid an average of $11,260, while out-of-state students paid $29,150 in the 2023-24 academic year.
Meanwhile, student loan debt has steadily increased over the last 30 years, reaching $1.75 trillion in 2024, averaging a total of $28,950 per borrower. Federal loans make up 92% of the debt, with over half of students at both public and private four-year colleges graduating with student loans.
Available data sometimes exceeds 100% due to rounding and administrative calculations.
The following data includes only full-time students who began an undergraduate program at the Fortis College in the 2022-23 school year.
| Type of Aid | Number of students awarded aid | Percent awarded aid | Total amount of aid awarded | Average amount of aid per student |
|---|---|---|---|---|
| Federal grants | 119 | 88% | $742,014 | $6,235 |
| State / local grant or scholarship | 0 | 0% | $0 | $0 |
| Institutional grants or scholarships | 105 | 78% | $7,412 | $71 |
| Grant or scholarship aid total | 119 | 88% | $749,426 | $6,298 |
| Federal student loans | 112 | 83% | $729,975 | $6,518 |
| Other student loans | 0 | 0% | $0 | $0 |
| Student loan aid | 112 | 83% | $729,975 | $6,518 |
| Total student aid | 126 | 93% | $1.5 million | $11,741 |
Information in this story was obtained from the National Center for Education Statistics. The source data can be found here.
