Needs Analysis
It is recommended that students apply for all financial aid programs by completing the Free Application for Federal Student Aid (FAFSA). The student will receive The Student Aid Report (SAR) which will provide the necessary information to document the student’s established financial need.
For the awarding of the Title IV aid and institutional funds, the College requires a Student Aid Report (SAR)/Institutional Student Informational Report (ISIR).
A student must have financial need to receive Federal Student Aid funds at Atlanta Technical College (ATC). Aid awards are based on the student’s need for assistance.
Financial need is the difference between the students’ cost of attendance and the family’s ability to pay these costs, the EFC. If the EFC is less than the cost of attendance, the student is considered to have financial need.
The cost of attendance is an estimate of a student’s education expenses for the period of enrollment. The total aid the student may receive from federal aid and other sources when added to the student’s EFC cannot exceed the student’s cost.
A students cost of attendance is the sum of the following:
-
The tuition and fees
-
An allowance for books, supplies, transportation, and miscellaneous personal expenses An allowance for room and board
-
Transportation
-
Miscellaneous