CARES Act, CCRSA Act, and ARP Information

We are thrilled to have received funds from the Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act, the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act, 2021, and the American Recovery Plan. The guidelines regarding who can receive the funds were set by the federal government.

Eligible students have been identified based on the following federal guidelines given to us by the Department of Education and have been updated to reflect the new CRRSA/ARP guidance:

  1. Student was enrolled at Forsyth Tech in Spring Semester 2020 as of March 13, 2020, or is currently enrolled in Forsyth Tech.
  2. Student has completed the most recent Free Application for Federal Student Aid (FAFSA). If you have not completed a FAFSA, you are encouraged to complete the 2021-2022 Free Application for Federal Student Aid (FAFSA) so that you can be considered to receive funding.
  3. Student has a high school diploma.
  4. If the student is selected for Identify Verification on the FAFSA, he or she must complete the identity verification process to be eligible.
  5. Student is enrolled in a Title IV eligible program of study.
  6. Student meets all other Title IV eligibility requirements.
  7. Student meets the Satisfactory Academic Progress requirements at the time of disbursement. If student is not making Satisfactory Academic Progress, he or she can appeal and if the appeal is approved, he or she will receive funds.
  8. Student has experienced some COVID-related disruption.
  9. A student enrolled in programs at Forsyth Tech that is defined as an “active student.”

If you meet the federal eligibility requirements you will receive an email soon to your Forsyth Tech email address from BankMobile, our refund system, to notify you that your funds have been processed and are available. Please ensure that your preferences for receiving your funds have been updated with BankMobile. The amount you receive is based on your reported EFC (expected family contribution) for the academic year depending on the disbursement cycle academic year as determined by your FAFSA.

If you have needs above and beyond the amount you receive, or if you aren’t eligible for the CARES or CRRSA Act grant funding and need help with anything, including food, rent, utilities, transportation, childcare, tuition, or books, please contact Forsyth Tech Cares or call 336-734-7195. We want to support you all however we can!

Distribution Report

The total amount of funds that the institution will receive or has received from the Department pursuant to the institution’s Certification and Agreement [for] Emergency Financial Aid Grants to Students.

The total amount of funds awarded to Forsyth Tech under the CARES Act was $5,175,878 with $2,466,903 in Section (a)(1) Student Aid dollars, $2,466,902 Section (a)(1) Institutional aid, and a Strengthening Institutions Award (SIP) Section (a)(2) allocation of $241,551. The total amount of funds awarded to Forsyth Tech under the CRRSA Act was $10,217,741 with $2,466,903 in Section (a)(1) Student Aid dollars, $7,340,164 Section (a)(1) Institutional aid, and a Strengthening Institutions Award (SIP) Section (a)(2) allocation of $410,674. The total amount of funds awarded to Forsyth Tech under ARP was $17,175,978 with $8,848,424 in Section (a)(1) Student Aid dollars, $8,302,554 Section (a)(1) Institutional aid.

The estimated total number of students at the institution eligible to participate in programs under Section 484 in Title IV of the Higher Education Act of 1965 and thus eligible to receive Emergency Financial Aid Grants to students under Section 18004(a)(1) of the CARES, CRRSA Act, and ARP.

As of May 26, 2020, we identified 4,794 Forsyth Tech students who may be eligible to receive CARES Act funding based on the guidance issued on May 22, 2020. The number of students verified as eligible under the financial Aid Grants to students under Section 18004(a)(1) of the CARES Act was 2,863. However, additional students are potentially eligible to receive the funds if they complete the 2019-2020 FAFSA. The remaining students are under further review pending new guidance from the Department of Education.

As of March 30, 2021, we had identified 3,345 Forsyth Tech students who were eligible to receive CRRSA Act funding based on the guidance issued on March 19, 2021. The number of students verified as eligible under the financial Aid Grants to students under Section 18004(a)(1) of the CARES Act is currently 3,345. However, additional students are potentially eligible to receive the funds if they complete all needed documents for the 2020-2021 FAFSA and meet all other federal guidelines. If you need assistance with completing you 2020-2021 FAFSA or have other questions concerning financial aid at Forsyth Tech, please contact Financial Aid.

As of April 30, 2021, Forsyth Tech has distributed $3,066,809.68 to 4,917 students as part of our distribution of HEERF (CARES Act and CRRSA) funds. Funds will continue to be distributed until expended. We began dispersing CRRSA Act funding on April 8, 2021. Please continue to check your email for communications and updates. Students who meet all the federal criteria received  distribution(s) of funds directly to their BankMobile account based on a tiered EFC system. In addition to the direct distributions given to eligible students, Forsyth Tech has also distributed emergency grant aid through FT Cares.

As of November 15, 2021, we had identified 7,226 Forsyth Tech students who were eligible to receive CRRSA Act and ARP funding based on the expanded guidance and final student rule issued on March 19, 2021. Forsyth Tech did a disbursement of aid to those 7,226 students through the following calculation:

  • Actively enrolled students who’ve attempted 12 or more credit hours (2,551 students) received $700 each for a grand total of $1,785,700.
  • Students who’ve attempted 11 or less credit hours (4,176 students) received $600 each for a grand total of $2,088,000.
  • Continuing Education students enrolled in programs of 60 or more hours (499 students) received $500 each for a grand total of $249,500.
  • The total disbursement for December 2021 to the 7,226 students identified as eligible was $4,123,200.

As of April 30, 2022, we had identified 6,246 Forsyth Tech students for Spring Semester 2022 who were eligible to receive CRRSA Act and ARP funding based on the expanded guidance and final student rule issued on March 19, 2021. Forsyth Tech did a disbursement of aid to those 6,246 students, 482 of which were CE/EWD qualifying students and 5764 were Curriculum students at $300 per student for a total of $1,873,800.

If you have needs above and beyond the amount you receive, or if you aren’t eligible for the CARES, CRRSA Act, or ARP grant funding and need help with anything, including food, rent, utilities, transportation, childcare, tuition, or books, please contact Forsyth Tech Cares or call 336-734-7195. We want to support you all however we can!

See the Quarterly Budget and Expenditure Report for CARES Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for September 30, 2020.

See the Quarterly Budget and Expenditure Report for CARES Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for December 31, 2020.

See the Quarterly Budget and Expenditure Report for CARES Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for March 31, 2021.

See the Quarterly Budget and Expenditure Report for CRRSA Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for June 30, 2021.

See the Quarterly Budget and Expenditure Report for CRRSA Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for September 30, 2021.

See the Quarterly Budget and Expenditure Report for CRRSA Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for December 31, 2021.

See the Quarterly Budget and Expenditure Report for CRRSA Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for March 31, 2022.

See the Quarterly Budget and Expenditure Report for CRRSA Act Sections 18004(a)(1) Institutional Portion and 18004(a)(2) for June 30, 2022.

More CARES Act Information

CARES/CRRSA Act and ARP FAQ

Department of Education – Post Secondary Education

FAQs on Higher Education Emergency Relief Fund and Emergency Financial Aid Grants Under Cares Act