North Carolina Student Scores $5,000 for College

NC Assist Loans Gives Helping Hand to Asheville, N.C. Student
(RALEIGH, N.C. - April 26, 2019) - NC Assist Loans has selected the winner of the "Score a $5,000 Assist for College" giveaway. Ronie Dror, of Asheville, North Carolina, will receive $5,000 in an NC 529 Account to go toward higher education expenses. The contest was open to current and rising college students 18 years of age or older and their parents. All entrants were required to be North Carolina residents, or be attending a North Carolina school as a new or continuing student during the fall 2019 semester.

Ronie, who is currently working full time and attending Asheville-Buncombe Technical Community College (A-B Tech), plans to enter the school's radiology program. Her father says the $5,000 will cover most of her tuition and will allow Ronie to focus more on studying for school, and less on paying for it.

"This will nearly get her to an associate degree in radiology and technology. It's amazing," says Perry Dror. "Because she's doing an associate degree at a community college, it ends up covering the whole thing. For her, it's perfect."

"We are very excited for Ronie and the rest of the Dror family," says Laura Morgan, Vice President of Communications, Savings, and Legal Affairs at College Foundation, Inc. "The goal of this contest was to provide some extra help to a deserving student. Knowing that we're making a difference by helping Ronie reach her goals is a wonderful feeling."

The NC Assist Loan is an alternative education loan designed to help bridge the gap between the cost of higher education and other financial aid. The loan is administered by College Foundation, Inc. (CFI), on behalf of the North Carolina State Education Assistance Authority. As a state-based nonprofit, CFI is dedicated to helping North Carolinians achieve their academic goals. The NC Assist Loan program has no pre-payment penalties and features a fixed interest rate to better benefit borrowers.

"Students should look at all of their alternatives first when it comes to financial aid. Scholarships, grants, and savings can go a long way, but they may not always cover the full cost of college," says Morgan. "Loans can be an important tool to bridge the gap to cover the remaining cost. That's why North Carolina has the NC Assist Loan to help make up the difference for students and families in our State."

About College Foundation, Inc.

College Foundation, Inc. (CFI), a nonprofit corporation serving North Carolina students and families since 1955, administers a large portfolio of education loans, several major grant and scholarship programs for students attending N.C. colleges and universities, and the tax-advantaged "529" college savings program on behalf of the N.C. State Education Assistance Authority. CFI also delivers information to North Carolina students and families about paying for college, assists colleges and universities with state residency determination and financial aid services, and provides technology support and outreach for CFNC.org.