Forsyth Tech Financial Aid: A Comprehensive Guide to Funding Your Education Frequently Asked Questions Additional Resources Table 1: Forsyth Tech Financial Aid Deadlines Table 2: Forsyth Tech Financial Aid Types Table 3: Forsyth Tech Financial Aid Income Limits Table 4: Forsyth Tech Financial Aid Contact Information

Pursuing higher education can be a significant financial undertaking. However, Forsyth Tech is committed to making education accessible to all students, regardless of their financial situation. This guide provides a comprehensive overview of the financial aid options available at Forsyth Tech, helping you navigate the process and secure the necessary funds to achieve your academic goals.

Table of Contents

Types of Financial Aid

Forsyth Tech offers a variety of financial aid options to meet the needs of its students. These include:

Grants: Free money that does not need to be repaid.
Scholarships: Merit-based awards based on academic achievement, financial need, or other factors.
Loans: Money that must be repaid with interest.
Work-Study: On-campus jobs that allow students to earn money while attending school.

Eligibility Requirements

To be eligible for financial aid at Forsyth Tech, you must:

Be a U.S. citizen or eligible non-citizen.
Have a high school diploma or GED.
Be enrolled in an eligible program of study.
Demonstrate financial need.

How to Apply

The first step in applying for financial aid is to complete the Free Application for Federal Student Aid (FAFSA). The FAFSA can be found at studentaid.gov.

When completing the FAFSA, you will need to provide information about your income, assets, and expenses. This information will be used to determine your financial need.

Types of Grants

Forsyth Tech offers a variety of grants, including:

Pell Grant: The most common type of grant, awarded to students with the greatest financial need.
Federal Supplemental Educational Opportunity Grant (FSEOG): Awarded to students with exceptional financial need.
North Carolina Student Incentive Grant (NCSIG): Awarded to students who are North Carolina residents and demonstrate financial need.

Types of Scholarships

Forsyth Tech offers a variety of scholarships, including:

Academic Excellence Scholarship: Awarded to students with a high GPA and ACT or SAT scores.
Athletic Scholarship: Awarded to students who participate in athletics.
Diversity Scholarship: Awarded to students from underrepresented groups.

Types of Loans

Forsyth Tech offers a variety of loans, including:

Direct Subsidized Loan: A loan with a low interest rate that is subsidized by the government.
Direct Unsubsidized Loan: A loan with a low interest rate that is not subsidized by the government.
Parent PLUS Loan: A loan that allows parents to borrow money to pay for their child’s education.

Work-Study Program

The Work-Study program provides on-campus jobs to students with financial need. These jobs allow students to earn money while attending school.

Applying for Multiple Financial Aid Programs

You can apply for multiple financial aid programs at Forsyth Tech. However, the total amount of aid you receive cannot exceed your financial need.

Financial Aid Deadlines

The priority deadline for financial aid applications at Forsyth Tech is March 1. However, applications are accepted after this date.

Contact Information

If you have any questions about financial aid at Forsyth Tech, please contact the Financial Aid Office at 336-734-7000.

Q: How much does it cost to attend Forsyth Tech?

A: The cost of attendance at Forsyth Tech varies depending on your program of study and other factors. For more information, please visit the Forsyth Tech website.

Q: What is the average financial aid award at Forsyth Tech?

A: The average financial aid award at Forsyth Tech is over $7,000.

Q: What percentage of Forsyth Tech students receive financial aid?

A: Over 80% of Forsyth Tech students receive financial aid.

Q: How do I apply for financial aid?

A: To apply for financial aid, you must complete the FAFSA at studentaid.gov.

Q: What is the deadline for financial aid applications?

A: The priority deadline for financial aid applications at Forsyth Tech is March 1. However, applications are accepted after this date.

Deadline	Type of Aid
March 1	Priority deadline
June 30	Deadline for applications for the fall semester
November 30	Deadline for applications for the spring semester

Type of Aid	Description
Grants	Free money that does not need to be repaid
Scholarships	Merit-based awards based on academic achievement, financial need, or other factors
Loans	Money that must be repaid with interest
Work-Study	On-campus jobs that allow students to earn money while attending school

Income Level	Pell Grant Eligibility
Below $50,000	Eligible for maximum Pell Grant
$50,000 – $75,000	Eligible for reduced Pell Grant
Above $75,000	Not eligible for Pell Grant