Fortis Institute-Wayne

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2022 Average Net Price
$22,346
After Financial Aid
2020 Default Rate
0%
on Student Loans
2022 Enrolled Students
365
87.9% Full-Time

About

Fortis Institute-Wayne is a higher education institution located in Passaic County, NJ. In 2022, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Fortis Institute-Wayne were Medical Assistant (99 degrees awarded), Dental Assisting (88 degrees), and HVAC Maintenance (64 degrees).

In 2022, 314 degrees were awarded across all undergraduate and graduate programs at Fortis Institute-Wayne. 65.9% of these degrees were awarded to women, and 34.1% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (174 degrees), 3.16 times more than then the next closest race/ethnicity group, black or african american (55 degrees).

In 2020 the default rate for borrower's at Fortis Institute-Wayne was 0%, corresponding to 0 out of the 875 total borrowers.

Costs

After taking grants and loans into account, the average net price for students is $22,346.

In 2022, 84% of undergraduate students attending Fortis Institute-Wayne received financial aid through grants. Comparatively, 74% of undergraduate students received financial aid through loans.

Average Net Price

$22,346
2022 Value
14.1%
1 Year Growth

In 2022 Fortis Institute-Wayne had an average net price — the price paid after factoring in grants and loans — of $22,346. Between 2021 and 2022, the average net price of Fortis Institute-Wayne grew by 14.1%.

This chart compares the average net price of Fortis Institute-Wayne (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

84%
Undergraduates Receiving Financial Aid through Grants
74%
Undergraduates Receiving Financial Aid through Loans

84% of undergraduate students at Fortis Institute-Wayne received financial aid through grants or loans in 2022. This represents a growth of 20% with respect to 2021, when 70% of undergraduate students received financial aid.

This chart compares the average award discount at Fortis Institute-Wayne (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2020 Default Rate
0
Number of Defaults

In 2020 the default rate for borrower's at Fortis Institute-Wayne was 0%, which represents 0 out of the 875 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Fortis Institute-Wayne had a total enrollment of 365 students in 2022. The full-time enrollment at Fortis Institute-Wayne is 321 students and the part-time enrollment is 44. This means that 87.9% of students enrolled at Fortis Institute-Wayne are enrolled full-time.

The enrolled student population at Fortis Institute-Wayne, both undergraduate and graduate, is 54% Hispanic or Latino, 23.8% Black or African American, 9.32% White, 3.29% Asian, 2.47% Two or More Races, 0.548% Native Hawaiian or Other Pacific Islanders, and 0.274% American Indian or Alaska Native.

Students enrolled at Fortis Institute-Wayne in full-time Undergraduate programs are most commonly Hispanic or Latino Male (30.8%), followed by Hispanic or Latino Female (23.7%) and Black or African American Male (11.5%).

Full-Time vs Part-Time Enrollment

87.9%
Full-Time Enrollment

The total enrollment at Fortis Institute-Wayne in 2022, both undergraduate and graduate, is 365 students. The full-time enrollment at Fortis Institute-Wayne is 321 and the part-time enrollment is 44.

This chart shows the full-time vs part-time enrollment status at Fortis Institute-Wayne (in red) compares to similar universities.

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Retention Rate over Time

75%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Fortis Institute-Wayne was 75%.

This chart shows the retention rate over time at Fortis Institute-Wayne (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. Hispanic or Latino
    197 enrolled students
  2. Black or African American
    87 enrolled students
  3. White
    34 enrolled students

The enrolled student population at Fortis Institute-Wayne is 54% Hispanic or Latino, 23.8% Black or African American, 9.32% White, 3.29% Asian, 2.47% Two or More Races, 0.548% Native Hawaiian or Other Pacific Islanders, and 0.274% American Indian or Alaska Native. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2022, 100 more women than men received degrees from Fortis Institute-Wayne. The most common race/ethnicity group of degree recipients at Fortis Institute-Wayne is hispanic or latino (174 degrees awarded). There were 3.16 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (55 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Fortis Institute-Wayne is Medical Assistant (99 degrees awarded), followed by Dental Assisting (88 degrees) and HVAC Maintenance (64 degrees).

In 2022,  the most specialized majors across all degree types at Fortis Institute-Wayne, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Science Technologies (8 degrees awarded), Mechanical Technologies (90 degrees), and Health (216 degrees).

Common Jobs by Major

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Fortis Institute-Wayne are Registered nurses (1,395,327 people), Medical & health services managers (151,396 people), Nurse practitioners & nurse midwives (140,626 people), Pharmacists (134,087 people), and Physicians (107,943 people).

The most specialized majors at Fortis Institute-Wayne in 2022 are Science Technologies (8 degrees awarded), Mechanical Technologies (90 degrees), and Health (216 degrees) (as of 2022).

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Highest Paying Jobs by Major

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Fortis Institute-Wayne are Surgeons, Sales representatives, wholesale & manufacturing, Physicians, Podiatrists, and Chief executives & legislators

The most specialized majors at Fortis Institute-Wayne are Science Technologies (8 degrees awarded), Mechanical Technologies (90 degrees), and Health (216 degrees) (as of 2022).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Fortis Institute-Wayne are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (1,488,189 people), Outpatient care centers (238,455 people), Elementary & secondary schools (216,137 people), Offices of physicians (202,739 people), and Colleges, universities & professional schools, including junior colleges (130,770 people).

The most specialized majors at Fortis Institute-Wayne are Science Technologies (8 degrees awarded), Mechanical Technologies (90 degrees), and Health (216 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Fortis Institute-Wayne.
Most Common (2022)
  1. 99 degrees awarded
  2. 88 degrees awarded
  3. 64 degrees awarded

In 2022, the most common 1 to 2 year postsecondary certificate concentration at Fortis Institute-Wayne was Medical Assistant with 99 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Fortis Institute-Wayne according to their major.

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Sex Breakdown for Common Majors

107
Degrees Awarded to Men
in 2022
207
Degrees Awarded to Women
in 2022

In 2022, 107 degrees were awarded to men at Fortis Institute-Wayne, which is 0.517 times less than the number of degrees awarded to females (207).

This chart displays the sex disparity between the top 5 majors at Fortis Institute-Wayne by degrees awarded.

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Most Common Male Majors

In 2022, 63 degrees were awarded to men at Fortis Institute-Wayne in HVAC Maintenance, which is 63 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2022, 94 degrees were awarded to men at Fortis Institute-Wayne in Medical Assistant, which is 18.8 times more than the 5 male recipients with that same degree.

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Time to Complete

38%
100% Completion Time
60%
150% Completion Time

In 2022, 38% of students graduating from Fortis Institute-Wayne completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 60% completed their degrees within 150% of the normal time, and 60% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. Hispanic or Latino
    174 degrees awarded
  2. Black or African American
    55 degrees awarded
  3. White
    51 degrees awarded

The most common race/ethnicity at Fortis Institute-Wayne is hispanic or latino (174 degrees awarded). There were 3.16 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (55 degrees).

2.23% of degree recipients (7 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. Hispanic or Latino Female
    124 degrees awarded
  2. Hispanic or Latino Male
    50 degrees awarded
  3. White Female
    39 degrees awarded

The most common race/ethnicity and sex grouping at Fortis Institute-Wayne is hispanic or latino female (124 degrees awarded). There were 2.48 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (50 degrees).

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Operations

Salary Expenditure

$2.65M
2022 Salaries
1.67%
decline from 2021

In 2022, Fortis Institute-Wayne paid a median of $2.65M in salaries, a 1.67% decline from the previous year. This is compared to a 3.75% decline between 2020 and 2021, and a 6.52% decline between 2019 and 2020.

The median for similar is 668k (13.2% of overall expenditures).

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