Most students are eligible for some type of financial aid regardless of family financial circumstances. Basically, to be eligible for aid, students must:
- Submit a Free Application for Federal Student Aid (FAFSA) or a Renewal FAFSA designating Albany Technical College (school code 005601) to receive FAFSA results.
- Be a United States citizen or an eligible noncitizen.
- (If male and 18 or older) Be registered with Selective Service
- Be admitted to or enrolled in an eligible degree, diploma or certificate program.
- Be making Satisfactory Academic Progress as defined by the Albany Technical College Financial Aid Office.
- Not owe a refund on a student grant or be in default on a student loan.
The type of aid we offer is in the form of:
- Federal Work Study Program
- Other Aid Available on Campus
- Student Loans
Awards are based upon different criteria and do not require repayment. Financial need, academic excellence and state of residency are a few of the criteria used for selecting recipients.
Grants are awards that are not repaid. Only undergraduates who have not previously received a bachelor's degree are eligible. Most grants are awarded to those who apply for financial aid by the priority application deadline and exhibit exceptional financial need.
Federal Pell Grant
The Federal Pell Grant is based on the Expected Family Contribution (EFC), which is calculated by the Department of Education based on the information listed on the FAFSA form, the number of credit hours per semester and your cost of attendance. If you are enrolled for less than 12 credit hours, the Pell award is calculated as follows:
Pell Award Calculation
9 - 11 hours
75% Pell semester award
6 - 8 hours
50% Pell semester award
5 or less hours
25% Pell semester award
Federal Pell Grant funds are not available for certificate, special admit, transient, non-degree, learning support and high school students. This grant is also limited to 6 year's of full-time attendance.
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant is awarded based on your EFC number, when you apply, your financial need and funds available. FSEOG funds are not available for certificate, special admit, transient, non-degree, learning support and high school students. Students with the lowest EFC numbers receive priority. FSEOG awards range from $100 to $1,000 a year.
HOPE (Helping Outstanding Pupils Educationally) Programs
Recipient must have resided in Georgia for at least 12 consecutive months before the first day of the term for which aid is awarded. If the student did not graduate from a Georgia high school they must have resided in Georgia for at least 24 consecutive months before the start of term for which aid is desired.
A student can only receive assistance from one HOPE program at a time (HOPE grant, HOPE Scholarship, Zell Miller Scholarship). Students who have a bachelor’s degree are not eligible for any form of HOPE.
This scholarship is funded by the Georgia Lottery. The HOPE Scholarship covers some tuition for students seeking a degree at a technical college or university. The student must be a 1993 or later high school graduate with a 3.0 grade point average (GPA) in a college preparatory track or a 3.2 GPA in a technical curriculum track to be eligible for the HOPE Scholarship. Students must also meet the rigor requirements. Students become ineligible for HOPE scholarship seven years after the date they graduated high school or equivalent. Students who received a HOPE scholarship payment prior to summer 2011 are not subject to the 7 or 10 year rule. Active duty military service time does not count against the seven-year period.
A non-traditional student may qualify for the HOPE scholarship after completing 30 credit hours towards their degree and maintain a 3.0 GPA. GPAs are recalculated at 30, 60 and 90 semester hours, and each spring at which time the student must maintain a 3.0 GPA to retain the HOPE Scholarship. Students can only regain the HOPE scholarship one time. This scholarship with the Zell Miller Scholarship can not exceed 127 attempted hours. In addition, payment from any combination of Hope Scholarship/Grant, Zell Miller Scholarship/Grant, and Accel Program funds (through Spring term 2011) can not exceed 127 semester hours of credit.
This scholarship is funded by the Georgia lottery. The Zell Miller Scholarship covers 100% of tuition for students who are the Valedictorian or Salutatorian for their graduating class; or received a score of at least 1,200 combined critical reading score and math score on a single administration of the SAT or an ACT composite scale score of at least 26 and graduated from high school with at least a 3.7 calculated GPA. Students must be enrolled in a degree program. Students must have a 3.3 GPA at all checkpoints (30, 60 and 90 semester hours), at the end of spring and at the end of 3 part time terms for beginning students. Students who lose eligibility may regain the scholarship once. Students who lose eligibility for the Zell Miller Scholarship may continue to receive the HOPE scholarship if they are eligible. Degree classes taken at any post-secondary institution are counted in the GPA calculation. This scholarship along with the HOPE Scholarship can not exceed 127 attempted hours. In addition, payment from any combination of Hope Scholarship/Grant, Zell Miller Scholarship/Grant, and Accel Program funds (through Spring term 2011) can not exceed 127 semester hours of credit.
This is a state grant funded by the Georgia Lottery. The HOPE Grant covers some tuition (certificate and/or diploma). Recipients must be residents of Georgia. Students must have a 2.0 GPA at 30 hours and 60 paid semester hours to maintain HOPE Grant. Students can only regain the HOPE Grant one time. The Hope Grant is limited to only 63 credit hours. The Hope Grant will pay for learning support courses as a requirement for the completion of a diploma or certificate program; however, the hours will be counted toward the 63 Hope credit hour limit. This grant with the Zell Miller grant can not exceed 63 hours of payment, combined and with the Hope scholarship and Zell Miller scholarship, can not exceed 127 hours. In addition, payment from any combination of Hope Scholarship/Grant, Zell Miller Scholarship/Grant, and Accel Program funds (through Spring term 2011) can not exceed 127 semester hours of credit.
Georgia Hope GED
Students who earn a GED on or after July 1, 1993, receive a $500 voucher that can be applied toward the cost of education. Students must meet HOPE residency requirements, and be enrolled with a college in order to redeem this voucher.
Hope Career Grant
Students receive $500 for 9 or more hours, $250 for 3 to 8 hours, or $125 for 1 to 2 hours per semester. Students must be a resident of Georgia, eligible for the Georgia Hope Grant.
*Commercial Truck Driving students who are enrolled for 9 or more hours are eligible to receive a $1,000 award for one term only.
Zell Miller Grant
This state grant is funded by the Georgia lottery. The Zell Miller Grant covers 100% of tuition for students in diploma or certificate programs that maintain a 3.5 cumulative gpa. Students must have a 3.5 cumulative gpa at the end of each semester. Students who lose eligibility for the Zell Miller Grant may continue to receive the HOPE grant if they are eligible. Students may regain Zell Miller Grant if the 3.5 cumulative gpa is earned during the next semester of attendance. The first semester is paid retroactively if the student has the required 3.5 cumulative gpa. This grant with the Hope grant can not exceed 63 hours of payment. In addition, payment from any combination of Hope Scholarship/Grant, Zell Miller Scholarship/Grant, and Accel Program funds (through Spring term 2011) can not exceed 127 semester hours of credit.
Federal Work Study Program
Federal Work-Study Program
This program provides part-time jobs for students with financial need. Students are paid $8.00 an hour and are limited to 20 hours a week. Students must first work in order to get paid. Students must complete an application, at which time eligibility will be assessed.