State Assistance Programs
A list of State Programs for eligible North Carolina residents (funding contingent upon state appropriations) is as follows.
The North Carolina Need-Based Scholarship Program (NBS) is a grant program created by the NC General Assembly for students with a Student Aid Index (SAI) of $15,000 or less. The SAI is determined by the results of the Free Application for Federal Student Aid (FAFSA).
The Forgivable Education Loan for Service (FELS) was established by the North Carolina General Assembly in 2011. The loan provides financial assistance to qualified students who are committed to working in North Carolina in fields designated as critical employment shortage areas. Please visit www.cfnc.org/fels for additional information including eligibility, award amounts, application procedures, and approved education programs.
North Carolina does offer other sources of financial aid based on specific criteria. The College Foundation of North Carolina’s website can be used to research and apply for such scholarships. The web address is cfnc.org.