$5,064

Avg. Federal Grant

$5,066

Avg. Federal Loan

$16,279,910

Total Aid Awarded

Forsyth Technical Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$16.280M

Financial Aid Official Website

www.forsythtech.edu/apply/financial-aid/

Such schemes include North Carolina Student Incentive Grant, PICA/Weese Scholarship, and Triangle Scholarship Program. Notably, 72% of the students at Forsyth Technical Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $36,174,916. For additional information about financial assistance schemes, one can head over to FTCC’s financial aid page at http://www.forsythtech.edu/apply/financial-aid/. The total percentage of candidates applying to Forsyth Technical Community College who receive the Federal Grant is 51%. On the other hand, 59% of the candidates get the Student Grant, 9% receive the Institution Grant, and 51% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,309, while the same comes to $1,879 for State Grant receivers and $973 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,199. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 70% of the applicants to Forsyth Technical Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

20%

Institution Grant Aid

N/A

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$5,064

State Grant Aid

$1,632

Institution Grant Aid

$250

Pell Grant

$5,032

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,580

$30,001 - $48,000

$5,532

$48,001 - $75,000

$3,426

$75,001 - $110,000

$505

Over $110,000

N/A

Student Loans for Forsyth Technical Community College

Average Loan Amount Average Loan Amount received per year.

$5,090/Year

Students Taking Out Loans

69%

Loan Default Rate

21.9%

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