How is Your Eligibility Determined?
When determining your eligibility for Federal and State financial aid, the U.S. Department of Education and the State of Georgia requires that STC Financial Aid Office take a number of factors into consideration. For example:
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do you meet the basic general eligibility requirements for Federal and/or State aid?
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are you enrolled in an approved program of study?
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what is the cost of attendance?
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what is your expected family contribution as determined by the FAFSA?
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are you enrolled full-time or part-time and how many credits are you enrolled in?
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what is your financial need?
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are you are making satisfactory academic progress?
The U.S. Department of Education has approved all Associate Degrees programs in addition to some Diploma and Certificate programs. To review the list of the federally approved programs click on the following liinks:
Associate Degree ProgramsDiploma Programs *Technical Certificate Programs ** Please note that the lists of approved programs are subject to change. To ensure you are receiving the most current information, please consult with a Student Affairs representative.
The Georgia HOPE Scholarship will provide partial tuition assistance for those who qualify and are enrolled in Associate Degree programs only. The Georgia HOPE Grant will provide partial tuition assistance for those who qualify and are enrolled in Diploma or Certificate programs.
Cost of attendance (COA) is a budget determined by the institution to estimate the cost of education for the academic year. This includes direct costs, such as tuition and mandatory fees, plus estimates of indirect costs including books and supplies, transportation and personal expenses. The estimated figures of the indirect costs are provided by The GA Coastal Labor Board and Housing Authority and are based on nine-month Georgia regional and metropolitan budgets. These indirect costs are only estimates. Individual student costs may vary based on student's standard of living and residential location. A breakdown of the cost of attendance is available here.
To estimate the direct cost of tuition and mandatory fees for your program of study, feel free to use this Net Price Calculator tool provided by the U.S. Department of Education
The EFC of each student will vary and is determined by the U.S. Department of Education based on the information provided on the FAFSA form. Savannah Technical College will use this information to determine your eligibility for need-based financial aid (i.e., Federal Pell Grant, SEOG, Work-Study, and Subsidized Stafford Loans).
Students enrolled in 12 or more credits each semester is considered Full-Time. Six to eleven credits is considered Part-Time and less than six credits is less-than-half time. It is important to note that the number of credits you are enrolled in will often determine the amount of financial aid for which you are eligible. If you are considering dropping a course, pllease consult with a financial aid representative to determine the impact this will have on your financial aid eligibility.
The formula to determine your financial need is the Cost of Attendance minus your Expected Family Contribution minus your Estimated Financial Aid = the difference is your financial need. Your financial need determines your eligibility for need-based aid like Pell Grant, FSEOG, Federal Work-Study, and Direct Subsidized Stafford Loans.
Cost of Attendance- EFC- Estimated Financial Aid= Financial Need
Students must maintain SAP in order to remain eligible for Federal and State aid. The Federal and State requirements for SAP are different. Make sure you are aware of and understand the differences - this will affect the amount of aid for which you may qualify. Click here for Federal SAP requirements and here for HOPE SAP requirements.
If you have questions about how your eligibility is determined, feel free to contact the Financial Aid Office at 912.443.4795 or by email at webinfo@savannahtech.edu.