Fortis Institute-Wayne

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2023 Average Net Price
$22,515
After Financial Aid
2020 Default Rate
0%
on Student Loans
2023 Enrolled Students
404
87.1% Full-Time

About

Fortis Institute-Wayne is a higher education institution located in Passaic County, NJ. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Fortis Institute-Wayne were Medical Assistant (64 degrees awarded), HVAC Maintenance (50 degrees), and Dental Assisting (45 degrees).

In 2023, 215 degrees were awarded across all undergraduate and graduate programs at Fortis Institute-Wayne. 52.6% of these degrees were awarded to women, and 47.4% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (119 degrees), 2.2 times more than then the next closest race/ethnicity group, black or african american (54 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 $22,515.

In 2023, 73% of undergraduate students attending Fortis Institute-Wayne received financial aid through grants. Comparatively, 71% of undergraduate students received financial aid through loans.

Average Net Price

$22,515
2023 Value
0.756%
1 Year Growth

In 2023 Fortis Institute-Wayne had an average net price — the price paid after factoring in grants and loans — of $22,515. Between 2022 and 2023, the average net price of Fortis Institute-Wayne grew by 0.756%.

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

73%
Undergraduates Receiving Financial Aid through Grants
71%
Undergraduates Receiving Financial Aid through Loans

73% of undergraduate students at Fortis Institute-Wayne received financial aid through grants or loans in 2023. This represents a decline of 13.1% with respect to 2022, when 84% 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 404 students in 2023. The full-time enrollment at Fortis Institute-Wayne is 352 students and the part-time enrollment is 52. This means that 87.1% of students enrolled at Fortis Institute-Wayne are enrolled full-time.

The enrolled student population at Fortis Institute-Wayne, both undergraduate and graduate, is 55% Hispanic or Latino, 22% Black or African American, 12.9% White, 3.47% Asian, and 2.97% Two or More Races.

Students enrolled at Fortis Institute-Wayne in full-time Undergraduate programs are most commonly Hispanic or Latino Male (28.4%), followed by Hispanic or Latino Female (25.1%) and Black or African American Male (11.9%).

Full-Time vs Part-Time Enrollment

87.1%
Full-Time Enrollment

The total enrollment at Fortis Institute-Wayne in 2023, both undergraduate and graduate, is 404 students. The full-time enrollment at Fortis Institute-Wayne is 352 and the part-time enrollment is 52.

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

66%
2023 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 66%.

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 (2023)
  1. Hispanic or Latino
    222 enrolled students
  2. Black or African American
    89 enrolled students
  3. White
    52 enrolled students

The enrolled student population at Fortis Institute-Wayne is 55% Hispanic or Latino, 22% Black or African American, 12.9% White, 3.47% Asian, and 2.97% Two or More Races. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 11 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 (119 degrees awarded). There were 2.2 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (54 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Fortis Institute-Wayne is Medical Assistant (64 degrees awarded), followed by HVAC Maintenance (50 degrees) and Dental Assisting (45 degrees).

In 2023,  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 (14 degrees awarded), Mechanical Technologies (84 degrees), and Health (117 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 (1,452,934 people), Medical & health services managers (156,601 people), Nurse practitioners & nurse midwives (152,116 people), Pharmacists (133,517 people), and Physicians (108,353 people).

The most specialized majors at Fortis Institute-Wayne in 2023 are Science Technologies (14 degrees awarded), Mechanical Technologies (84 degrees), and Health (117 degrees) (as of 2023).

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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 (14 degrees awarded), Mechanical Technologies (84 degrees), and Health (117 degrees) (as of 2023).

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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 (14 degrees awarded), Mechanical Technologies (84 degrees), and Health (117 degrees) (as of 2023).

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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 (2023)
  1. 64 degrees awarded
  2. 50 degrees awarded
  3. 45 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Fortis Institute-Wayne was Medical Assistant with 64 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

102
Degrees Awarded to Men
in 2023
113
Degrees Awarded to Women
in 2023

In 2023, 102 degrees were awarded to men at Fortis Institute-Wayne, which is 0.903 times less than the number of degrees awarded to females (113).

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 2023, 49 degrees were awarded to men at Fortis Institute-Wayne in HVAC Maintenance, which is 49 times more than the 1 female recipients with that same degree.

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Most Common Female Majors

In 2023, 55 degrees were awarded to men at Fortis Institute-Wayne in Medical Assistant, which is 6.11 times more than the 9 male recipients with that same degree.

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Time to Complete

12%
100% Completion Time
38%
150% Completion Time

In 2023, 12% of students graduating from Fortis Institute-Wayne completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 38% completed their degrees within 150% of the normal time, and 38% 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 (2023)
  1. Hispanic or Latino
    119 degrees awarded
  2. Black or African American
    54 degrees awarded
  3. White
    19 degrees awarded

The most common race/ethnicity at Fortis Institute-Wayne is hispanic or latino (119 degrees awarded). There were 2.2 times more hispanic or latino recipients than the next closest race/ethnicity group, black or african american (54 degrees).

3.72% of degree recipients (8 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    62 degrees awarded
  2. Hispanic or Latino Male
    57 degrees awarded
  3. Black or African American Female
    30 degrees awarded

The most common race/ethnicity and sex grouping at Fortis Institute-Wayne is hispanic or latino female (62 degrees awarded). There were 1.09 times more hispanic or latino female recipients than the next closest race/ethnicity group, hispanic or latino male (57 degrees).

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Operations

Salary Expenditure

$2.42M
2023 Salaries
8.67%
decline from 2022

In 2023, Fortis Institute-Wayne paid a median of $2.42M in salaries, a 8.67% decline from the previous year. This is compared to a 1.67% decline between 2021 and 2022, and a 3.75% decline between 2020 and 2021.

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

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