Annual Costs

Undergraduate Tuition

Forsyth Technical Community College tuition is $1,920 per year for in-state residents. This is 46% cheaper than the national average public two year tuition of $3,532. The cost is 44% cheaper than the average North Carolina tuition of $3,458 for 2 year colleges. Tuition ranks 10th in North Carolina amongst 2 year colleges for affordability and is the 57th most expensive 2 year college in the state. If attending from out-of-state, the tuition is $6,528 which represents a 240% premium.

The school charges an additional fees of $223 in addition to tuition bringing the total effective in-state tuition to $2,143.

Housing Costs

Forsyth Technical Community College doesn't offer on campus housing. If you're not living with family you will need to budget for food and housing in the Winston Salem area just like you would for a college with dorms. The estimated rent and meal expense per academic year for off campus housing is $3,544.

Books and Supplies

The estimated annual cost for books and supplies is $912.

Other Living Expenses

Off-campus students should budget for $5,136 in other miscellaneous living expenses.

Total Costs

The total tuition and living expense budget for in-state North Carolina residents to go to Forsyth Tech is $11,735 for the 2017/2018 academic year. Out-of-state students who don't have North Carolina residence can expect a one year cost of $16,343. Students residing at home with parents providing food and housing should budget a total cost of $8,191.

Citation: Price data from the U.S. Department of Education's 2017-2018 and 2016-2017 IPEDS survey response for Forsyth Technical Community College and represent reported costs for the 2016-2017 and 2015-2016 academic years.

Costs and Tuition for Forsyth Technical Community College
Estimated Budgets
North Carolina Resident Total Budget (Living Off Campus)$11,735
   In-State Tuition$1,920
   Other Fees$223
   Off-Campus Housing Budget$3,544
   Off-Campus Other Budget$5,136
   Books and Supplies$912
North Carolina Resident Total Budget (Living with Parents)$8,191
   In-State Tuition$1,920
   Other Fees$223
   Family Provided Room and Board$0
   With-Family Other Living Budget$5,136
   Books and Supplies$912


What it Really Costs

Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $11,735 published price if scholarship or grant aid is made available to you.

Net Price

The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Forsyth Tech net price for in-state students is $4,549* for the 2014/2015 academic year. This net price includes housing and meal expenses.

Pell Grants and other Grant Aid

77% of Forsyth Technical Community College students received grant aid in 2014/2015. The average total aid amount was $4,611. 67 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,879. To apply for a Pell Grant to attend Forsyth Technical Community College, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).

Net Price and Financial Aid for Forsyth Technical Community College
Financial Aid Summary
Average Annual Net Price$4,549*
Percent of Students Receiving Grant Aid77%
Average Total Grant Aid$4,611
Percent of Students Receiving Pell Grants67%
Average Amount of Pell Grant Aid$4,879

Average Net Price for In-State Students by Family Income

The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.

Family Income Avg. Net Price
$0 to $30,000$3,947
$30,001 to $48,000$4,507
$48,001 to $75,000$5,393
$75,001 to $110,000$8,417

Average Financial Aid Mix - $11,735 In-State Total Cost

CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $11,735. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.


Grants and Scholarships

 70% - $4,611

Money granted to you by the U.S. Department of Education, Forsyth Technical Community College or other organizations. These are not loans and do not need to be repaid.

Federal Loans

 105% - $6,929

Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.

Out of Pocket

 -75% -  ($4,941)

Covered by family savings, work or private student loans which you will have to repay.

*Reported Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.

Tuition Comparison to Similar Community Colleges in the Region

School Cost vs. Forsyth Technical Community College
Davidson County Community College26.8% more expensive
Rowan Cabarrus Community College26.7% more expensive
Surry Community College26.7% more expensive
Randolph Community College18.8% more expensive
Rockingham Community College5% less expensive

Cost of a Degree

Being a school offering two year programs, prospective students should consider the multi year outlay when budgeting the cost for two years at Forsyth Technical Community College.

Estimated 2 Year Cost at Published Tuition

At the current published rates, an estimated total tuition, fees and living expense price for a 2 year associate degree at Forsyth Tech is $23,470 for students graduating in normal time. This methodology for estimating the 2 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.

A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $4,328 in-state net price as the basis. Applying this cost over 2 would estimate the cost of a degree at $8,656**

**Based on a 2 year multiple of Average Annual Net Price for in state students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.

Other Costs

Estimated Cost Per Semester

Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Forsyth Technical Community College.

North Carolina Resident Tuition Per Semester$960
North Carolina Resident Total Cost Per Semester$5,868
Non-North Carolina Resident Tuition Per Semester$3,264
Non-North Carolina Resident Total Cost Per Semester$8,172

Cost Per Credit Hour and Cost for a Class

Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Forsyth Technical Community College are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.

Cost per credit hour and per class at Forsyth Technical Community College
Price per credit hour for North Carolina residents$76
Cost for one class for North Carolina residents (3 credit hours)$228
Price per credit hour for out of state residents$268
Cost for one class for out of state residents (3 credit hours)$804
Cost for one class for out of state residents (4 credit hours)$1,072


Student Loans and Debt

The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 23% of Forsyth Technical Community College students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $6,929.

Example Loan Payments and Costs

How much are student loan payments for Forsyth Technical Community College? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.

The following are the costs for a loan if you borrowed $8,656, 100% of the estimated average net price for a two year program and paid nothing while enrolled. The total of all payments including interest would sum $10,740.11. This could be your effective total out of pocket cost of an education at Forsyth Technical Community College. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 77% of students at this school who receive financial aid and you are paying an average annual net price of $4,328. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Forsyth Technical Community College student loan calculator below to change loan assumptions and recalculate.

Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.

Forsyth Technical Community College Student Loan Payments
Example Payments
Monthly Loan Payment$89.50
Amount Borrowed$8,656.00
Interest Rate4.5%
Term10 years
Number of Monthly Payments120
Total Interest Cost$2,084.11
Sum of All Payments over 10 years$10,740.11

Affording Student Loan Payments and Post Graduation Salary

Can I afford to attend Forsyth Tech? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Forsyth Technical Community College, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.

Using the 10% of salary threshold, an annual income of $10,740.11 would be needed to afford a $89.50 monthly payment in the example $8,656.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.

Estimated Future Cost and Expected Tuition Increase

What will it cost to send your child to Forsyth Technical Community College in the future? In the past four years, this school's published in-state tuition and fee total rose from $1,656 to $1,920. This amounts to an average annual price increase of 3.2%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 2 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current in-state 2 year cost of $23,470.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Forsyth Technical Community College.

Annual2 Year Degree
Estimated Cost in 5 years for students enrolling in 2024$15,352$30,703
Estimated Cost in 10 years for students enrolling in 2029$19,593$39,186
Estimated Cost in 15 years for students enrolling in 2034 $25,006$50,012
Estimated Cost in 18 years for students enrolling in 2037 $28,948$57,895

Comparable Cost for Popular Majors

We've compared the out of state cost of the most popular undergraduate areas of study at Forsyth Technical Community College to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.

Area of Study Graduates vs National Avg
Liberal Arts and Sciences/Liberal Studies Associate's Degree 187 26% cheaper
Registered Nursing/Registered Nurse Associate's Degree 98 19% cheaper
Business Administration and Management, General Associate's Degree 48 24% cheaper
Medical Office Management/Administration Associate's Degree 37 15% cheaper
Criminal Justice/Safety Studies Associate's Degree 36 15% cheaper
Mental and Social Health Services and Allied Professions, Other Associate's Degree 26 10% cheaper
Early Childhood Education and Teaching Associate's Degree 25 14% cheaper
Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree 24 29% cheaper
Automobile/Automotive Mechanics Technology/Technician Associate's Degree 23 11% cheaper
Legal Assistant/Paralegal Associate's Degree 20 19% cheaper
Radiologic Technology/Science - Radiographer Associate's Degree 20 16% cheaper
Respiratory Care Therapy/Therapist Associate's Degree 18 16% cheaper
Accounting Associate's Degree 16 19% cheaper
Medical/Clinical Assistant Associate's Degree 15 20% cheaper
Forensic Science and Technology Associate's Degree 15 9% cheaper
Fire Prevention and Safety Technology/Technician Associate's Degree 14 18% cheaper
Biology Technician/Biotechnology Laboratory Technician Associate's Degree 13 9% cheaper
Office Management and Supervision Associate's Degree 11 12% cheaper
Dental Hygiene/Hygienist Associate's Degree 11 16% cheaper
Computer Programming/Programmer, General Associate's Degree 10 12% cheaper
Mechanical Engineering/Mechanical Technology/Technician Associate's Degree 10 26% cheaper
Logistics, Materials, and Supply Chain Management Associate's Degree 10 9% cheaper
Computer Systems Networking and Telecommunications Associate's Degree 10 13% cheaper
Applied Horticulture/Horticulture Operations, General Associate's Degree 9 17% cheaper
Architectural Engineering Technology/Technician Associate's Degree 9 21% cheaper
Electrical, Electronic and Communications Engineering Technology/Technician Associate's Degree 9 17% cheaper
Magnetic Resonance Imaging (MRI) Technology/Technician Associate's Degree 8 12% costlier
Graphic Design Associate's Degree 8 27% cheaper
Diagnostic Medical Sonography/Sonographer and Ultrasound Technician Associate's Degree 8 16% cheaper
Nanotechnology Associate's Degree 7 1% costlier
Computer Engineering Technology/Technician Associate's Degree 7 25% cheaper
Elementary Education and Teaching Associate's Degree 6 9% cheaper
Animation, Interactive Technology, Video Graphics and Special Effects Associate's Degree 6 19% cheaper
Information Technology Associate's Degree 6 15% cheaper
Emergency Medical Technology/Technician (EMT Paramedic) Associate's Degree 6 9% cheaper
Nuclear Medical Technology/Technologist Associate's Degree 5 16% cheaper
Computer and Information Systems Security/Information Assurance Associate's Degree 5 12% cheaper
Interior Design Associate's Degree 5 22% cheaper
Medical Radiologic Technology/Science - Radiation Therapist Associate's Degree 5 23% cheaper
Electromechanical and Instrumentation and Maintenance Technologies/Technicians, Other Associate's Degree 4 12% cheaper
Data Modeling/Warehousing and Database Administration Associate's Degree 4 5% cheaper
Crisis/Emergency/Disaster Management Associate's Degree 4 14% cheaper
Cardiovascular Technology/Technologist Associate's Degree 3 25% cheaper
Information Science/Studies Associate's Degree 3 26% cheaper
Massage Therapy/Therapeutic Massage Associate's Degree 2 22% cheaper
General Studies Associate's Degree 2 23% cheaper
Pharmacy Technician/Assistant Associate's Degree 2 18% cheaper
Banking and Financial Support Services Associate's Degree 2 17% cheaper
International Business/Trade/Commerce Associate's Degree 1 28% cheaper
Landscaping and Groundskeeping Associate's Degree 1 16% cheaper
Adult Development and Aging Associate's Degree 1 15% cheaper


Use the calculators below to formulate a college savings plan for Forsyth Technical Community College or model a student loan.

College Savings Calculator

Plan and Save for College

Discover how much will you need to start saving now to afford Forsyth Technical Community College in the future.

Student Loan Calculator

Estimate Loan Payments

Modify the loan assumptions to fit your financial situation and likely tuition price. Then calculate your payoff and loan payments for a Forsyth Technical Community College student loan.

Prepayment Option

About Forsyth Technical Community College

Forsyth Technical Community College is a two year community college located in Winston Salem, North Carolina.  Full time enrollment is 3,120 and part time is 4,770.  Forsyth Technical Community College has an open admission policy meaning that any prospective student who has completed high school or attained a GED certificate may enroll in classes. Learn more about Forsyth Technical Community College at CollegeSimply.

Only undergraduate degrees are offered at this school.

Forsyth Technical Community College
2100 Silas Creek Pky
Winston Salem, North Carolina

For Profit / Not For Profit Status

Forsyth Technical Community College is a public not for profit institution. Public schools often represent the best value for your education dollar, especially when students qualify for in-state tuition.

Forsyth Technical Community College cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=198552 IPEDS survey data.