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How does financial aid work at Georgia Tech?

Hey, I'm considering applying to Georgia Tech next year but I'm a little bit lost when it comes to financial aid. Anyone have experience with their process or have any advice? Thanks!

6 months ago

Financial aid at Georgia Tech is a combination of need-based aid, merit-based scholarships, and other external funding sources. Here's a breakdown of the process and some advice to help you navigate it:

1. FAFSA: First and foremost, you'll need to complete the Free Application for Federal Student Aid (FAFSA), which becomes available on October 1st of each year. The FAFSA is used to determine your eligibility for federal financial aid, including grants, work-study, and loans. Georgia Tech also uses the FAFSA to determine your eligibility for need-based institutional aid. Be sure to fill this out as soon as possible, as some aid is awarded on a first-come, first-served basis.

2. CSS Profile: In addition to the FAFSA, Georgia Tech requires the CSS Profile for institutional need-based aid consideration. This is a more in-depth application used by many selective colleges to get a better understanding of your family's financial situation. You'll need to complete the CSS Profile by Georgia Tech's respective financial aid deadlines (Early Action: November 15; Regular Decision: January 31).

3. Merit-based scholarships: Georgia Tech also offers merit-based scholarships, which are awarded based on factors like academic achievement, leadership, and extracurricular involvement. Some scholarships are awarded automatically based on your application for admission (no separate application needed), while others, like the President's Scholarship and Stamps President's Scholars Program, require a separate application and possibly an additional interview process.

4. External scholarships: You can also look for external scholarships and grants from sources like private organizations, employers, and local or national foundations. Websites like CollegeVine, Fastweb, and Scholarships.com can help you find and apply for relevant opportunities.

5. Work-study: If you've filed the FAFSA, you may also be eligible for federal work-study, which allows you to work part-time on or off-campus in a job that aligns with your interests or major. Funds earned through work-study aren't applied directly to your tuition, but can be used to cover living expenses or other education-related costs.

Once your financial aid package is determined, Georgia Tech will send you a financial aid award notification that details the types and amounts of aid you've been offered. Review this carefully and appeal the award if necessary, especially if your financial circumstances have changed since submitting your applications.

Remember to stay on top of deadlines, and don't hesitate to reach out to the Georgia Tech Office of Scholarships and Financial Aid if you have any questions or concerns. Good luck!

6 months ago

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