Am I Eligible for Financial Aid?
Who is Eligible?
Certain grants, scholarships and loans are need based. The Department of Education will determine your need based on information that you put on your Free Application for Federal Student Aid (FAFSA). This amount is called your Estimated Family Contribution (EFC). FTCC uses this formula to determine need.
Cost of Attendance Minus estimated family contribution Minus any outside resources = Financial Need
Other grants, scholarships and loans are merit, program or criteria based. You must meet the conditions of that particular aid in order to qualify.
To qualify for financial aid, you must:
- Be enrolled in an eligible program of study.
- Maintain satisfactory academic standing.
- Not be in default on a federal educational loan or owe a repayment to a federal grant.
- State and federally funded aid programs require:
- U.S. citizenship
- Permanent residency
- North Carolina residency (state funds only)
- FTCC’s federal code is 007640
Which FTCC Programs Are Eligible?
How Does Eligibility Work?
Students who meet all eligibility requirements for financial aid may be awarded a financial aid package that combines funds from one or more federal, state, local and institutional programs. Enrollment for determining financial aid eligibility is based on classes that are within a student’s eligible program of study.
What is the Cost to Attend FTCC?
Your Cost of Attendance (COA) is the total amount it will cost you to attend college. FTCC has calculated the average COA for this region using College Board Living Expenses for Higher Ed services.
Living With Parents/Relatives
Full-Time Student with an Average of 24 Credits/Year
Item |
In-State |
Out-of-State |
| *Tuition & Fees | $2,020 | $6,628 |
| Books & Supplies | $1,652 | $1,652 |
| Living Expenses | $2,106 | $2,106 |
| Transportation | $1,341 | $1,341 |
| Miscellaneous | $4,401 | $4,401 |
| Loan Fees (Average) | $70 | $70 |
| Total: | $11,590 | $16,198 |
*In-state tuition rate for 32 credit hours per year: $2628
*Out-of-state tuition rate for 32 credit hours per year: $8772
Living Without Parents/Relatives
Full-Time Student with an Average of 24 Credits/Year
Item |
In-State |
Out-of-State |
| Tuition & Fees | $2,020 | $6,628 |
| Books & Supplies | $1,652 | $1,652 |
| Living Expenses | $8,451 | $8,451 |
| Transportation | $1,341 | $1,341 |
| Miscellaneous | $4,401 | $4,401 |
| Loan Fees (Average) | $70 | $70 |
| Total: | $17,935 | $22,543 |
