Fortis College-Richmond
For-profit College in Richmond, VA. Six-year graduation rate 50%. Median 10-year earnings $32,754.
Students who entered Fortis College-Richmond reach a median of $32,754 a decade later, a figure that trails the typical four-year outcome. The six-year graduation rate is 50%, meaning about one in two students who start do not finish. Borrowing stays contained, with median debt at graduation of $9,500.
Earnings: College Scorecard, median ten years after entry across students who received federal aid — completers and non-completers alike.
- ✓ Debt-to-income ratio 0.29 — healthy (below the 0.40 threshold)
- ✓ 3-year loan default 0.0% — below national benchmark
Academics
50% graduate within six years — average, but that average still hides a large group who do not. 55% first-year retention is low enough to be the defining risk of enrolling here. The 23:1 student-faculty ratio is high, so large classes and limited faculty contact should be the expectation. As a for-profit two-year institution, outcomes here deserve a harder look than the sector average suggests: for-profit institutions vary enormously, and the sector's aggregate numbers hide both strong and very weak performers. At 403 undergraduates, expect a small, closely-held student body.
Financial Aid
IPEDS Student Financial Aid · 2023-24 · grant and loan rates against 403 degree- or certificate-seeking undergraduates
Net price lands at $24,719 a year on average, neither cheap nor punishing. The gap between the $0–30k and $110k+ bands is narrow ($24,304 versus $30,346), meaning aid is not strongly need-weighted. About 83% get grants averaging $6,165, so plan on the possibility of paying closer to full price. 67% of students borrow federally, so debt is the norm rather than the exception.
Entering first-year students
A different, smaller group than the rates above: full-time students in their first year of college anywhere. The grant series here also excludes the "other sources" counted in the all-undergraduate figure, so the two are not comparable.
IPEDS Student Financial Aid · 2023-24 · 60 students
Net price by family income
The same students as the headline above, limited to those who received Title IV federal aid — a narrower group, with a lower overall average. IPEDS publishes no combined figure across these bands, so they should not be averaged into one.
| Family income band | Average net price |
|---|---|
| $0–30k | $24,304 |
| $30–48k | $25,110 |
| $48–75k | $23,718 |
| $75–110k | $26,643 |
| $110k+ | $30,346 |
IPEDS Student Financial Aid · 2023-24
Federal student loans went to 270 of these 403 students, totalling $1,983,637 — an average of $7,347 each.
IPEDS Student Financial Aid · 2023-24
Local housing costs
Typical rents near campus (Henrico County) — budget these against any cost-of-attendance housing estimate.
HUD Fair Market Rents (40th-percentile gross rent incl. utilities) · FY2026
Veterans & GI Bill
VA GI Bill Comparison Tool (Veterans Affairs GIDS)