NC Assist Loan
Use Free Money First

Do not even think about taking out a loan until you've exhausted all of the available financial aid!

Here's how:

FAFSA

Completing the Free Application for Federal Student Aid (FAFSA) allows you to be considered for financial aid from federal and state sources. FAFSA is key to aid in the form of grants, scholarships, work-study programs, and certain loan programs. In addition, many schools provide additional aid to students based on FAFSA completion, but sometimes require additional forms. Check to see if yours does. Don't miss out on free money! For more information on filling out the FAFSA, click here.

Residency Determination Service

In-State Tuition: Another reason why it's great to call north Carolina home! If you're a North Carolina resident, make sure to go through the Residency Determination Service (RDS) to ensure your eligibility for in-state tuition and state grants. Here are some helpful hints to consider before you get started. Some NC schools require that you go through RDS before you submit your college application, so don't delay.

Scholarships

Scholarships are always an excellent source for funding tuition, room and board, or the increasing price of books. There are an amazing number of scholarships available and CFNC.org maintains a great list of many of them.

Forgivable Education Loans for Service

If there weren't enough options already, students planning to work in North Carolina in the areas of Teaching, Allied Health, Nursing, or Medicine may qualify for North Carolina's Forgivable Education Loans for Service. Check out this program if those are the fields you may study!

Loans

Only after you've turned every stone to cover the the costs of going to college is when we suggest exploring loans. Federal loans are a good option to explore first. There are certain repayment plans that are only available for federal loans, but you'll also want to compare interest rates and other benefits. Look to alternative or private loans to bridge the gap.

For Students

Students should first consider a Federal Direct (Subsidized or Unsubsidized) Loan. Then consider additional alternative or private loans if necessary.

If you need money to bridge the gap between the cost of attendance and other financial aid, consider the NC Student Assist Loan, offered by College Foundation, Inc., your state nonprofit student lender.

For Parents

Parent may consider a Federal Direct PLUS Loan, but should definitely compare interest rates and other loan benefits first. Parent with strong credit scores may find many competitive loan options.

If you need money to bridge the gap between the cost of attendance and other financial aid, consider the NC Parent Assist Loan, offered by College Foundation, Inc., your state nonprofit student lender.