Scholarships, Grants, and Loan Trends at Forsyth Tech

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 5,090, which is 62.44 % of all undergraduate students. 2,360 students which is 29.67% of undergraduate students received federal student loans and the average loan amount is $6,018.
For full-time, first-time beginning students (freshmen), 74.89% of students received grants or scholarships and 35% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Forsyth Technical Community College since 2013.
For that period, the average number of students who received grants aid/scholarships is 5,090, which is 62.44 % of all undergraduate students. 2,360 students which is 29.67% of undergraduate students received federal student loans and the average loan amount is $6,018.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-146,361 (67%)$6,7434,513 (47%)$4,4711,838 (19%)$7,258
2014-155,236 (57%)$6,1994,256 (47%)$3,5701,640 (18%)$6,997
2015-164,041 (48%)$3,7123,430 (41%)$3,6251,169 (14%)$7,070
2016-174,948 (63%)$2,8243,071 (39%)$3,5191,407 (18%)$6,086
2017-184,523 (58%)$3,5993,947 (51%)$3,4405,091 (66%)$6,176
2018-194,982 (65%)$3,4674,349 (57%)$3,1995,738 (75%)$6,304
2019-205,064 (66%)$4,2702,902 (38%)$5,9661,656 (22%)$4,242
2020-214,116 (54%)$3,4562,783 (37%)$3,8551,366 (18%)$5,189
2021-226,539 (84%)$3,0733,117 (40%)$3,7561,334 (17%)$4,837
Average5,090 (62.44%)$4,1493,596 (44.11%)$3,9332,360 (29.67%)$6,018

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 514 (74.89 % of students) received grants or scholarships and its average amount is $4,290. It can cover 62.50% of tuition & fees ($6,864) based on out-of-state rate.
In addition, 235 (35.11 % of students) students get helped from the students loans (average amount : $4,659).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14633 (77%)$4,611185 (23%)$6,929
2014-15457 (65%)$3,958112 (16%)$5,207
2015-16478 (65%)$4,00996 (13%)$4,686
2016-17431 (72%)$3,345425 (71%)$3,844
2017-18580 (75%)$4,255531 (69%)$5,090
2018-19369 (59%)$5,407435 (70%)$5,076
2019-20503 (91%)$3,802119 (22%)$3,650
2020-21431 (72%)$4,636104 (17%)$3,795
2021-22747 (98%)$4,588112 (15%)$3,654
Average514 (74.89%)$4,290235 (35.11%)$4,659
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 386 (56.00 % of students) received Pell (federal) grants and its average amount is $4,714.
In addition, 158 students received State/local government grants/scholarships (22.56 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14550 (67%)$4,87955 (7%)$556153 (19%)$1,337--
2014-15391 (56%)$4,19518 (3%)$1,519114 (16%)$1,241--
2015-16422 (57%)$4,08640 (5%)$921133 (18%)$1,1612 (0%)$603
2016-17319 (53%)$4,04716 (3%)$1,079119 (20%)$1,0936 (1%)$588
2017-18436 (57%)$5,03217 (2%)$1,118156 (20%)$1,6321 (0%)$250
2018-19318 (51%)$5,20459 (9%)$566135 (22%)$1,87955 (9%)$973
2019-20296 (54%)$5,273259 (47%)$55996 (17%)$1,765223 (40%)$168
2020-21310 (52%)$4,897315 (53%)$36493 (16%)$2,04454 (9%)$3,242
2021-22433 (57%)$4,810731 (95%)$947421 (55%)$1,243193 (25%)$665
Average386 (56.00%)$4,714168 (24.89%)$848158 (22.56%)$1,48876 (16.80%)$927
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 235 (35.11 % of students) get any students loan help and its average loan amount is $235.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14185 (23%)$6,929185 (23%)$6,929--
2014-15112 (16%)$5,207112 (16%)$5,207--
2015-1696 (13%)$4,68696 (13%)$4,686--
2016-17425 (71%)$3,844425 (71%)$3,844--
2017-18531 (69%)$5,090531 (69%)$5,0662 (0%)$6,299
2018-19435 (70%)$5,076435 (70%)$5,076--
2019-20119 (22%)$3,650119 (22%)$3,6201 (0%)$3,500
2020-21104 (17%)$3,795103 (17%)$3,8001 (0%)$3,250
2021-22112 (15%)$3,654112 (15%)$3,654--
Average235 (35.11%)$4,659235 (35.11%)$4,6541 (0.00%)$4,350
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