F
Private 2 Year

Fortis College-Montgomery Tuition & Cost

Montgomery, Alabama

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How much does it cost to attend?

Sticker Price
$26,895
Costs for Fortis College Montgomery
Fee Cost
Tuition$15,402
Books and Supplies$906
Other Fees$1,191
Estimated Off Campus Cost of Living $9,396
Other Expenses Budget$0

Annual Prices

The annual list price to attend Fortis College Montgomery on a full time basis for 2018/2019 is $26,895 for all students regardless of their residency. This fee is comprised of $15,402 for tuition, $9,396 room and board, $906 for books and supplies and $1,191 for other fees. Out of state tuition for Fortis College Montgomery is $15,402, the same as Alabama residents.

All price data is sourced from the 2019/2020 U.S. Department of Education National Center for Education Statistics survey.
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Net Price

Net price is indicative of what it actually costs to attend Fortis College Montgomery when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$19,940
Net Price by Income Fortis College Montgomery
Family Income Net Price Paid
$0 to $30,000$19,752
$30,001 to $48,000$20,770
$48,001 to $75,000$23,570
$75,001 to $110,000$25,117
$110,000+n/a

The average reported annual net price for Fortis College Montgomery for students receiving grants or scholarship aid was $19,940 in 2018/2019. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

95% of full-time undergrad Fortis College Montgomery received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $5,308 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 88% of students received Federal Student Loans averaging $7,004 and 5% of undergrads took out private student loans averaging $1,154.

Finanical Aid Fortis College Montgomery
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $5,308 95%
Institutional Grants and Scholarships $139 41%
Pell Grants $5,170 94%
Other Federal Grants $240 40%
State and Local Grants $6,000 0%
Federal Student Loans $7,004 88%
Other Student Loans $1,154 5%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Fortis College Montgomery, we've modeled a ten year student loan with an original principal value of $31,160. The loan balance of $31,160 is a two year multiple of the $15,580 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $297 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $31,160
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $297.30
Total Interest Paid $4,516.09
Sum of All Loan Payments $35,676.09

Projected 2 Year Degree Price

2 Year Sticker Price
$53,790
Year All Residents
1 $26,895
2 $28,778

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Fortis College Montgomery to be $53,790 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Fortis College Montgomery
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $282 $846 $1,128

Estimated cost for a class at Fortis College Montgomery based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Fortis College Montgomery versus other colleges.

Tuition Payment Plans Available

Fortis College Montgomery Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=455488 IPEDS survey data for Fortis College Montgomery.