Financial Aid Questions? Get Video AnswersFinancial aid at Forsyth Tech is available in the form of grants, scholarships, work study, and loans that will help you and your family with educational expenses such as tuition, fees, books, and supplies. The college will make every effort within available financial aid resources to assure that you will not be denied the opportunity to attend college because of a lack of funds to help meet educational expenses.

You must complete the steps below to be offered and to receive financial aid funds.

Detailed information on the process is available in this downloadable pdf: 2020-2021 Guide to Financial Aid

Steps to Obtaining Financial Aid

Step One – Apply for Admission to Forsyth Tech

If you have not already done so, you should for admission to the college apply online

Regular Degree, Diploma, and Certificate programs

Financial aid cannot be offered until you are approved for admission to an eligible program of study. Most associate degree programs (AA, AS, AFA or AGE), as well as many diploma programs, and several certificate programs are eligible. However, Special Credit and Economic & Workforce Development courses are not eligible for financial aid.

Economic & Workforce Development (EWD) Courses

Need-based scholarships are available to cover the cost of certain Economic & Workforce Development Courses. To learn more about these scholarships, click below.

Financial Aid for EWD

Step Two – Complete the Free Application for Federal Student Aid (FAFSA)

You should apply for financial aid annually by completing the Free Application for Federal Student Aid (FAFSA), which is available after October 1 of each year for the following academic year. You may apply online at fafsa.ed.gov. Forsyth Tech’s School Code is 005317 and must be listed on the FAFSA.

2020-2021 Priority Processing Dates

  • Fall 2020 Complete the FAFSA by Monday, July 13, 2020
  • Spring 2021 Complete the FAFSA Monday, November 1, 2020
  • Summer 2021 Complete the FAFSA Monday, March 1, 2021.

2021-2022 Priority Processing Dates

  • Fall 2020 Complete the FAFSA by Monday, July 1, 2021
  • Spring 2021 Complete the FAFSA by Monday, November 1, 2021
  • Summer 2021 Complete the FAFSA by Monday, March 1, 2022

Also Apply for Scholarships

Compete the online scholarship application at forsythtech.academicworks.com each year in April.

Step Three – Promptly Respond to All Requests for Information

Once the Office of Student Financial Services receives a copy of your FAFSA from the U.S. Department of Education, a email and/or letter will be sent to the address on file with Forsyth Tech’s Records Office, requesting documents needed to complete your file or requesting that you correct information on the FAFSA.

You can make changes to your FAFSA by logging on the FAFSA website. Select “Make a Correction” to make changes to your FAFSA application. The IRS Data Retrieval Tool (IRS DRT) Electronically Transfers Your Federal Tax Return Information into Your FAFSA Form. If you do this, you will not have to submit a copy of your tax return.

  • Log in to your current FAFSA form or start a new application at the FAFSA website.
  • In the finances section of the online form, you will see a “Link to IRS” button if you are eligible to use the IRS DRT.
  • Click the “Link to IRS” button and log in with your FSA ID to be transferred to the IRS to retrieve your info.
  • Once at the IRS site, enter your information exactly as it appears on your federal income tax return and click the “Submit” button.
  • Check the “Transfer My Tax Information into the FAFSA form” box and click the “Transfer Now” button.
  • You will know that your federal tax return information has been successfully transferred because the words “Transferred from the IRS” will display in place of the IRS information in your FAFSA form.

When submitting documents to us, make sure your name and Forsyth Tech student id number is on all documents.

IMPORTANT: We can only receive document attachments sent from your official Forsyth Tech email address to financialaid@forsythtech.edu

Once all documents are received, your application will be processed to determine what sources of financial aid are available to be offered to you.

Regularly check the status of your application on the myForsythTech Self-Service portal as additional documents may be requested as part of the application review process.

2020-2021 Financial Aid Forms

If any of these documents have been requested from you, download it and fill it out. Once completed, print, and sign it, and then return it by mail, fax or by email using your official Forsyth Tech email address to financialaid@forsythtech.edu

Step Four – Review Your Financial Aid Offer

Your financial aid offer may be viewed on your myForsythTech Self-Service portal. Details regarding your financial aid offer are sent by email to your Forsyth Tech email address and also can also be found in the Guide to Financial Aid PDF icon.

Grants and scholarships are offered in an accepted status and require no further action. However, Loans require further action steps if you choose to accept student loans. If you accept the loans, you must complete the MPN, and entrance counseling requirements for your file to be considered complete. Instructions regarding this may be viewed through the myForysthTech portal. If you are interested in receiving Federal Work Study, contact our office.

For more information on each of the financial aid programs, go to:

Step Five – Enroll and attend courses

Most financial aid programs require that you register for a minimum of 6 credit hours in courses that are applicable to your academic program of study and that attend the courses that you register for. Some funds will not disburse until your credit hours attended equals your registered credit hours.

The following courses are not counted toward enrollment status when determining financial aid eligibility:

  • BSP Courses
  • Economic Workforce and Development (continuing education)
  • Audit courses or courses classified as Special Credit
  • More than 30 hours of developmental or refresher course work
  • Passed courses repeated more than once
  • Courses registered for after the census date of the term
  • Courses outside of the curriculum graduation requirements.

Financial aid recipients (those awarded grants and scholarships) do not need to make a tuition payment prior to the payment deadlines. Tuition will be deducted from your student financial aid automatically if you meet all eligibility requirements for the aid. Students that only receive student loans must meet all student loan requirements for classes to be held through the tuition payment deadlines. For details regarding eligibility requirements, please review the Guide to Financial Aid PDF icon.

If your financial aid is enough to cover tuition and textbooks, you may begin charging required textbooks and supplies several days prior to the first day of class. Simply take a photo id and a copy of your class schedule to our bookstore for assistance with bookstore charges, or you may even be able to order textbooks online by following instructions on their webpage. The bookstore staff can help you with this process.

If your financial aid award is not enough to cover your tuition in full, you will receive a bill during the semester for the remaining amount.

Step Six – Receive the Financial Aid Funds

Your financial aid will first be applied to tuition, bookstore, and any other applicable institutional charges. If any financial aid funds remain after those charges are paid, the remaining balance is disbursed to you through a company called BankMobile.

For more information on BankMobile, go to BankMobile Disbursements or view the BankMobile Refund Information Video.

To see scheduled disbursement dates, go to Important Dates

Full details about disbursement policies and dates can be viewed by clicking here and reviewing this Guide to Financial Aid.

Step Seven – Successfully Complete Your Courses

You must attend your class(es) to be eligible for aid. Students who stop attending all courses and/or officially withdraw from all courses and are receiving federal financial aid or state grants are only eligible for the portion of financial aid that corresponds to the amount of time they attended as prescribed by federal and state regulations. You may have to repay some of the funds that you received if you stop attending or withdraw from a course before completing the course.

Federal regulations require that students receiving financial assistance must maintain satisfactory academic progress to continue receiving financial aid. The guidelines can be found at this link: Satisfactory Academic Progress.

Step Eight – Apply Again for Next Year

Start over with Step Two above. Complete the FAFSA each year in October for the next year.

Each aid program has its own renewal criteria.

Federal regulations require that students receiving financial assistance must maintain satisfactory academic progress. The guidelines can be found at this link: Satisfactory Academic Progress.

For other programs, check with the awarding organization.

Questions? Ask our Financial Aid Assistant

Financial Aid CounselingFinancial Aid Counseling - Get video answers

Concerned about your finances? Need help budgeting? Want to understand credit scores?
Visit our online Financial Aid Counseling Center to take short, self-paced online courses on these different topics and become an expert on your finances.

 

Student Financial Services Office

Due to COVID-19, services are currently available in the Strickland Center (Main Campus) during the following hours.

8 am – 5 pm Monday thru Thursday
8 am – 3 pm Friday

Phone: 336.734.7235
Fax: 336.761.2454
Email: financialaid@forsythtech.edu

Need more info? Check our Financial FAQ.