Qualified students committed to working in North Carolina in fields that have a critical need for more employees, such as nursing, teaching, allied health fields, or medicine may apply for a FELS loan. The program was established by the North Carolina General Assembly and is administered by the North Carolina State Education Assistance Authority.
The loan program provides financial assistance to help students with their higher education expenses. Prior to receiving funding, recipients must sign a promissory note agreeing to pay back the loan after graduation either by working a year in an approved position in NC for each academic year of funding received or by repaying the loan in cash.
Full details of the FELS program, the application, eligibility requirements, award amounts, loan repayment details and listings of qualifying academic programs and institutions can be found at CFNC.org/FELS.
The application deadline is April 1.2013.
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