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Fortis College-Ravenna Tuition & Cost Guide


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Cost to Attend

Costs

$33,752

All Residents

  • Tuition: $12,783
  • Off Campus Living Expense:$9,396
  • Books and Supplies: $2,738
  • Other Fees: $825

*All tuition data is sourced from the 2015/2016 U.S. Department of Education National Center for Education Statistics survey.

Annual Prices

The annual list price to attend Fortis College Ravenna on a full time basis for 2015/2016 is $33,752 for all students regardless of their residency. This fee is comprised of $12,783 for tuition, $9,396 room and board, $2,738 for books and supplies and $825 for other fees.



Financial Aid and Student Loans - What does it really cost to attend?

The average reported annual net price for Fortis College Ravenna for students receiving grants or scholarship aid was $21,577 in 2014/2015.

Aid Amount Percent Receiving Aid
Average Annual Total Grant Aid $6,353 90%
Average Pell Grant $5,339 87%
Average Annual Federal Student Loan $11,999 95%

To gauge a more realistic picture of what it may really cost you out of pocket to go to Fortis College Ravenna, we've modeled a ten year student loan with an original principal value of $26,678. The loan balance of $26,678 is a two year multiple of the $13,339 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 $279 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 4.7%.

Example Loan $26,678
Stafford Loan Interest Rate 4.7%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $278.55
Total Interest Paid $6,747.85
Sum of All Loan Payments $33,425.85

Projected 2 Year Degree Price

Based on published tuition prices, we estimate the current published cost of a 2 year associate degree at Fortis College Ravenna to be $67,504 - assuming graduation in normal time. Our estimation assumes a 7% annual increase over the next 2 years which is the national trend.

Year 1 Year 2
All Residents $33,752 $36,115

Per Credit Hour and Per Class Prices

We estimate the cost for a class at Fortis College Ravenna as follows 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 Ravenna versus other colleges.

Cost Per Credit Hour Cost Per Class (3 credit hr) Cost Per Class (4 credit hr)
All Residents $296 $888 $1,184

Historical Tuition Prices

The cost to attend college is continually rising. The table below will provide perspective as to the historical tuition increases reported for Fortis College Ravenna and what it has cost to attend in past years.

Ohio Resident Out of State Annual Percent Change
2010 $9,768 $9,768 4.6%
2009 $9,334 $9,334 7.4%
2008 $8,694 $8,694 11.6%
2007 $7,791 $7,791 4.8%
2006 $7,431 $7,431 12.6%
2005 $6,600 $6,600 0%
2004 $6,600 $6,600 11.6%
2003 $5,916 $5,916 0%
2002 $5,916 $5,916 12.7%
2001 $5,250 $5,250 7%
2000 $4,908 $4,908 7.1%
1999 $4,584 $4,584 9.1%
1998 $4,200 $4,200 0%
1997 $4,200 $4,200 0%
1996 $4,200 $4,200 -25%
1995 $5,600 $5,600 0%
1994 $5,600 $5,600 0%
1993 $5,600 $5,600 16.7%
1992 $4,800 $4,800 0%
1991 $0 $0 0%
1990 $0 $0 0%
1989 $0 $0 0%
1988 $0 $0 0%
1987 $0 $0 0%

Tuition Payments

Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan Yes

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=201399 IPEDS survey data for Fortis College Ravenna.




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