F
Private 2 Year

Fortis College-Richmond Tuition & Cost

Richmond, Virginia

 1 Reviews

How much does it cost to attend?

Sticker Price
$28,325
Costs for Fortis College Richmond
Fee Cost
Tuition$13,376
Books and Supplies$1,250
Other Fees$181
Estimated Off Campus Cost of Living $7,668
Other Expenses Budget$5,850

Annual Prices

The annual list price to attend Fortis College Richmond on a full time basis for 2018/2019 is $28,325 for all students regardless of their residency. This fee is comprised of $13,376 for tuition, $7,668 room and board, $1,250 for books and supplies and $181 for other fees. Out of state tuition for Fortis College Richmond is $13,376, the same as Virginia 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 Richmond when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2018/2019
$23,315
Net Price by Income Fortis College Richmond
Family Income Net Price Paid
$0 to $30,000$23,169
$30,001 to $48,000$25,458
$48,001 to $75,000$25,088
$75,001 to $110,000$29,732
$110,000+n/a

The average reported annual net price for Fortis College Richmond for students receiving grants or scholarship aid was $23,315 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

Finanical Aid Fortis College Richmond
Type Avg./Student Students Receiving
Annual Total Grant Aid $6,323 82%
Pell Grant $5,728 82%
Federal Student Loan $8,503 80%

The average reported annual net price for Fortis College Richmond for students receiving grants or scholarship aid was $23,315 in 2018/2019.

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Fortis College Richmond, we've modeled a ten year student loan with an original principal value of $37,062. The loan balance of $37,062 is a two year multiple of the $18,531 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 $385 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 4.529%.

Example Loan $37,062
Stafford Loan Interest Rate 4.5%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $384.62
Total Interest Paid $9,092.76
Sum of All Loan Payments $46,154.76

Projected 2 Year Degree Price

2 Year Sticker Price
$56,650
Year All Residents
1 $28,325
2 $30,308

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Fortis College Richmond to be $56,650 - assuming graduation in normal time. The estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Tuition Payment Plans Available

Fortis College Richmond 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=382957 IPEDS survey data for Fortis College Richmond.