NEW LOWER INTEREST RATES for applications started on or after June 26, 2020! Student fixed rates will be as low as 5.25% with auto draft payments. Parent fixed rates will be as low as 4.50% with auto draft payments. (Loan must be in repayment status to qualify for lowest rate.)
NC Student Assist Loan and NC Parent Assist Loan
No origination fees
No application fees
No prepayment penalty fee
Competitive Fixed Rate
NC Student Assist Loan has a 5.50% fixed interest rate
NC Parent Assist Loan has a 4.75% fixed interest rate
Interest Rate Reduction for Auto-draft
A .25% rate reduction may apply when making auto-draft payments.
Choose In-School or Deferred Payment Options
Repayment for the NC Student Assist Loan can be postponed based on enrollment status.
Borrow up to the Cost of Attendance less other Financial Aid
Offered by College Foundation, Inc., your state-based nonprofit lender