The annual total list price cost to go to Fortis College Montgomery was $27,698 for the 2013/2014 academic year. The cost is the same for all students regardless of Alabama residence status as there is no in-state discount. The breakdown of this total cost is detailed as follows.
Tuition for Fortis College Montgomery is $19,393 for the 2013/2014 academic year. This is 40% more expensive than the national average private for-profit two year college tuition of $13,845. Fortis College Montgomery is one of the 100 most expensive colleges in the America, coming in 25th on our Expensive 100 Ranking. The fee is $13,633 and 237% more expensive than the average Alabama tuition of $5,760 for 2 year colleges. Tuition ranks 32nd in Alabama amongst 2 year colleges for affordability and is the most expensive 2 year college in the state. Price does not vary by residence.
The school charges an additional "other" fee of $365 in addition to tuition bringing the total effective in-state tuition to $19,758.
Fortis College Montgomery doesn't provide on campus housing, however unless you're living with family you will need to budget for food and housing near Montgomery just like you would for a college with dorms. The estimated room and board expense for academic year for off campus housing is $6,990.
The estimated annual cost for books and supplies is $950.
|Alabama Resident Total Cost||$27,698|
|Non-Resident Total Cost||$27,698|
|Off-Campus Housing Estimate||$6,990|
|Books and Supplies||$950|
All price data are reprinted from the U.S. Department of Education's 2013-2014 and 2012-2013 IPEDS Survey and represent reported costs for the 2013-2014 and 2012-2013 academic years.
Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $27,698 published price if scholarship or grant aid is made available to you.
The net out of pocket price you end up paying or financing though student loans is known as the net price. The reported Fortis College Montgomery net price for in-state students receiving aid was $15,580* for the 2010/2011 academic year.
76% of Fortis College Montgomery students received grant aid in 2010/2011 to help defray the cost of tuition. The average total aid amount was $4,685. 76 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2010/2011 was $4,573. To apply for a Pell Grant to attend Fortis College Montgomery, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).
|Financial Aid Summary|
|Average Annual Net Price||$15,580*|
|Percent of Students Receiving Grant Aid||76%|
|Average Total Grant Aid||$4,685|
|Percent of Students Receiving Pell Grants||76%|
|Average Amount of Pell Grant Aid||$4,573|
*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.
Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.
Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at Fortis College Montgomery.
At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at Fortis College Montgomery is $55,396 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.
A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $15,580 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $31,160**
**Based on a 2 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2011-2012 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.
Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Fortis College Montgomery are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.
|Price per credit hour||$198|
|Cost for one class (3 credit hours)||$594|
|Cost for one class (4 credit hours)||$792|
The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 75% of Fortis College Montgomery students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $5,150.
How much are student loan payments for Fortis College Montgomery? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.
The following are the costs for a loan if you borrowed $31,160, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $39,041.51. This could be your effective total out of pocket cost of an education at Fortis College Montgomery. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 76% of students at this school who receive financial aid and you are paying an average annual net price of $15,580. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Fortis College Montgomery student loan calculator below to change loan assumptions and recalculate.
Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.
|Monthly Loan Payment||$325.35|
|Number of Monthly Payments||120|
|Total Interest Cost||$7,881.51|
|Sum of All Payments over 10 years||$39,041.51|
Can I afford to attend Fortis College Montgomery? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Fortis College Montgomery, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
Using the 10% of salary threshold, an annual income of $39,041.51 would be needed to afford a $325.35 monthly payment in the example $31,160.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.
Fortis College Montgomery is a private, for profit school.
What will it cost to send your child to Fortis College Montgomery in the future? Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 2 year cost of $55,396.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Fortis College Montgomery.
|Annual||2 Year Degree|
|Estimated Cost in 5 years for students enrolling in 2019||$36,234||$72,468|
|Estimated Cost in 10 years for students enrolling in 2024||$46,245||$92,490|
|Estimated Cost in 15 years for students enrolling in 2029||$59,022||$118,043|
|Estimated Cost in 18 years for students enrolling in 2032||$68,325||$136,650|
What was tuition at Fortis College Montgomery five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.
Below are the most popular undergraduate areas of study at Fortis College Montgomery ranked by degrees conferred during the 2010/2011 academic year along with their estimated total program cost. Please consult the school's website for further information as actual costs for specific program may vary. Price estimates assume graduation in normal time. Our methodology for estimating these costs is a two or four year multiple of the current one year tuition and living cost of $27,698. Associates degrees are assumed to be completed in two years and bachelors degrees are assumed to take four years.
|Area of Study||Graduates||Estimated Degree + Living Expense Cost|
|Allied Health and Medical Assisting Services, Other Associate's Degree||17||$55,396
2 year estimate
|Medical Office Assistant/Specialist Associate's Degree||16||$55,396
2 year estimate
|Pharmacy Technician/Assistant Associate's Degree||7||$55,396
2 year estimate
Fortis College Montgomery is a two year private college located in Montgomery, Alabama. Full time enrollment is 372 and part time is 62. Fortis College Montgomery has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes.
Only undergraduate degrees are offered at this school.
Use the calculators below to formulate a college savings plan for Fortis College Montgomery or model a student loan.