Investor Information A borrower may apply for deferment by completing and returning a Postponement/Deferment Form to NCSEAA for approval. National Board Certification Loans help eligible teachers pay the assessment fee for National Board Certification. Awards are renewable annually for Fellows who continue to meet eligibility requirements. A borrower should submit this form to authorize a person other than the borrower to speak with the North Carolina State Education Assistance Authority (NCSEAA) regarding the borrowers student loan account. You must meet the following requirements to qualify for loan forgiveness: *FELS eligible programs are reviewed by the FELS Advisory Committee each academic year. School Administrators - NCSEAA The North Carolina State Education Assistance Authority provides administration for the program. Requirements: Must be a legal North Carolina resident and NC resident for tuition purposes. CFNC North Carolina Student Loan Forgiveness Programs High school applicants or applicants with fewer than 24 hours of college credit must have a minimum unweighted high school GPA of 3.0. A: You must complete your loan forgiveness obligation within ten years of graduation from or completion of the FELS program. Financial aid, scholarships, and budgeting | AOA PDF Supreme Court of The United States NC Open Budget *This form may not be used to apply for disability discharge of federal loans. Box 14103 RTP, NC 27709. All supporting documentation must be postmarked by this date. State Forgivable Loan or National Board Certification Loan, Federal Family Education Loan Program (FFELP), List of approved education programs for previous years, Frequently Asked Questions about Loan Forgiveness, Frequently Asked Questions: FELS Cash Repayment, Frequently Asked Questions: FELS Deferment, Notification to Colleges and Universities of Delinquent FFELP Borrowers, Understanding the Consequences of Default, Board of Governors Dental Scholarship Loan Program (BGDSL), Board of Governors Dental Scholarship Loan (BGDSL) Loan Forgiveness FAQ, Board of Governors Dental Scholarship Loan Program (BGDSL) Deferment FAQ, Board of Governors Dental Scholarship Loan (BGDSL) Cash Repayment FAQ, Board of Governors Medical Scholarship Loan Program (BGMSL), Board of Governors Medical Scholarship Loan Program (BGMSL) Deferment FAQ, Board of Governors Medical Scholarship Program (BGMSL) Loan Forgiveness FAQ, Board of Governors Medical Scholarship Loan Program (BGMSL) Cash Repayment FAQ, Forgivable Education Loans for Service (FELS) Cash Repayment FAQ, Forgivable Education Loans for Service (FELS) Deferment FAQ, Forgivable Education Loans for Service (FELS) Loan Forgiveness FAQ, Future Teachers of North Carolina (FTNC) Cash Repayment FAQ, Future Teachers of North Carolina (FTNC) Loan Forgiveness FAQ, Future Teachers of North Carolina (FTNC) Deferment FAQ, Health, Science and Mathematics Student Loan Program (HSM), Health, Science, and Mathematics Student Loan Program (HSM) Loan Forgiveness FAQ, Health, Science and Mathematics Student Loan Program (HSM) Deferment FAQ, Health, Science and Mathematics Student Loan Program (HSM) Cash Repayment FAQ, Health, Science, and Mathematics Student Loan (HSM) Careers, Millennium Teacher Scholarship Loan Program (MTSLP), Millennium Teacher Scholarship Loan Program (MTSLP) Cash Repayment FAQ, Millennium Teacher Scholarship Loan Program (MTSLP) Loan Forgiveness FAQ, Millennium Teacher Scholarship Loan Program (MTSLP) Deferment FAQ, North Carolina Teaching Fellows Program (TFP-S) Cash Repayment FAQ, North Carolina Teaching Fellows Program (TFP-S) Deferment FAQ, North Carolina Teaching Fellows Program (TFP-S) Loan Forgiveness FAQ, Nurse Educators of Tomorrow Program (NET), Nurse Educators of Tomorrow Program (NET) Cash Repayment FAQ, Nurse Educators of Tomorrow Program (NET) Loan Forgiveness FAQ, Nurse Educators of Tomorrow Program (NET) Deferment FAQ, Nurse Scholars Program (NSP/MNSP) Deferment FAQ, Nurse Scholars Program (NSP/MNSP) Cash Repayment FAQ, Nurse Scholars Program (NSP/MNSP) Loan Forgiveness FAQ, Optometry Scholarship Loan Program (OSL) Cash Repayment FAQ, Optometry Scholarship Loan Program (OSL) Deferment FAQ, Optometry Scholarship Loan Program (OSL) Loan Forgiveness FAQ, Physical Education-Coaching Scholarship Loan Program (PEC), Physical Education Coaching Scholarship Loan Program (PEC) Cash Repayment FAQ, Physical Education Coaching Scholarship Loan Program (PEC) Deferment FAQ, Physical Education Coaching Scholarship Loan Program (PEC) Loan Forgiveness FAQ, Principal Fellows Program (PFP) Cash Repayment FAQ, Principal Fellows Program (PFP) Deferment FAQ, Principal Fellows Program (PFP) Loan Forgiveness FAQ, Prospective Teachers Scholarship Loan Program (PTSL), Prospective Teachers Scholarship Loan Program (PTSL) Cash Repayment FAQ, Prospective Teachers Scholarship Loan Program (PTSL) Loan Forgiveness FAQ, Prospective Teachers Scholarship Loan Program (PTSL) Deferment FAQ, Nurse Education Scholarship Loan Program (NESLP), Nurse Education Scholarship Loan Program (NESLP) Cash Repayment FAQ, Nurse Education Scholarship Loan Program (NESLP) Deferment FAQ, Nurse Education Scholarship Loan Program (NESLP) Loan Forgiveness FAQ, Teaching Fellows Program (awards before July 1, 2015), Notice under the Americans with Disabilities Act, Obtain licensure from the applicable licensing board. A fee of 18.5% of the outstanding principal and interest would be added to your debt at the time of consolidation. CFNC: One-Stop Resource for College Planning. Higher Education (800) 700-1775, Option 2 Information@ncseaa.edu . A child must attend a North Carolina public school for at least the Spring semester before they would begin using an Opportunity Scholarship (see exceptions to prior public school requirement). North Carolina State Education Assistance Authority K12 Programs (855) 330-3955 OpportunityScholarships@ncseaa.edu ESA@ncseaa.edu . State Education Assistance Authority - webservices.ncleg.gov UNC System Short Title. Password must contain at least one special character (!,@,#,$, etc.). You must complete your loan forgiveness obligation within ten years of graduation from or completion of the FELS program. Award amounts: up to $4,125 a semester ($8,250 a year). Notice to Post-Secondary Institutions North Carolina State Education Assistance Authority is the State agency responsible for providing grants, loans, and savings programs to students and families, educating educators about financial aid, and advocating for resources to support students. The answer: Yes! Password must contain at least one capital letter. up to $7,000 for Certificate, Associate & Bachelor'sup to $14,000 for Master's & Doctoral Degrees, The 2023 application will open on Monday, January 9. Request a login. . SARA North Carolina We help North Carolina pay for education. PDF Forgivable Education Loans for Service (FELS) - WPCC CFNC Be accepted to enroll in an approved educator preparation program leading to initial licensure in an eligible area at one of the eight Teaching Fellows partner institutions. See. Student Loan Forgiveness Programs By State - Forbes Advisor NC Community College System Can you still apply for student loan forgiveness? - Raleigh News & Observer Default can have several long-term financial consequences. College Foundation of North Carolina Most teachers who participate in Teacher Loan Forgiveness may receive a benefit of up to $5,000. The objectives of the audit were to: 1) determine if the current State funding limits are appropriate to meet the goals of the various student loan programs and the needs of students, 2) determine NCSEAA's effectiveness in the collection of loan repayments either through service or cash repayments, 3) assess NCSEAA's use of technology and to de. Notice under the Americans with Disabilities Act Rehabilitation is a one-time opportunity. Residency Determination Service, Privacy Policy NC Community College System If you or someone you know encounters a barrier to the information you need on this website, please submit an accessibility barrier report to request assistance. Reg. These funds are not exempt from federal income and employment taxes. SECTION 2. NC Independent Colleges & Universities EXTRA Education Loans. SARA North Carolina Awards are renewable annually for Fellows who continue to meet eligibility requirements. State Zip Code PD-136 rev. Create Login - NCSEAA SARA North Carolina . NC Independent Colleges & Universities PDF LNFVGAP Loan Forgiveness Application - NCSEAA you may be eligible for the North Carolina State Loan Repayment Program (SLRP). The North Carolina State Education Assistance Authority provides central administration for the Brooks Foundation. The university is committed to providing services that are accessible to everyone. A borrower should submit this form to request a temporary payment reduction due to financial difficulty. NC Independent Colleges & Universities Loan funds may be used to cover the cost of tuition, fees, and books. Loan Forgiveness Forms | Human Resources please submit an accessibility barrier report. or 919-549-8614. The repayment period is 120 months. See the links below for information on new school registration, annual requirements, and updating your information with the K12 Programs: New school registration begins in late January and ends on June 15theach year. NCSEAA's Loan Rehabilitation Program enables borrowers with defaulted federal student loans to have their loans removed from default through affordable monthly payment plans and to return the loans to good standing. Loan Forgiveness | NC Teaching Fellows - University of North Carolina Repayment Services (800) 700-1775, Option 1 repay@ncseaa.edu . Career Opportunities, State Forgivable Loan or National Board Certification Loan, Federal Family Education Loan Program (FFELP), exceptions to prior public school requirement, Education Student Accounts (ESA+) Program, Opportunity: Current Scholarship Families, Downloadable Forms for School Administrators, How to Update Your Schools Information with SEAA, Notice under the Americans with Disabilities Act, My child will be at least 5 years old by August 31 or at least 4 by April 16 and approved for kindergarten according to, My child has not enrolled in a post-secondary institution full time, My child attended a North Carolina public, charter or Department of Defense school as a full-time student. Notice to Post-Secondary Institutions 61514. NC Independent Colleges & Universities *Awards up to $6,492 for the 2023-2024 school year. Well email you to let you know if you qualify once we receive your request. Applications will be entered into a lottery for award consideration. Career Opportunities, State Forgivable Loan or National Board Certification Loan, Federal Family Education Loan Program (FFELP), Residency/Postgraduate Training Deferment Form, Federal Financial Disclosure Statement Spanish Language Version, State Employees Voluntary Payroll Deduction Form, Family Educational Rights & Privacy Act (FERPA) Student Loan Information Release Form, Aubrey Lee Brooks Foundation Scholarship Consent Form, Notification to Colleges and Universities of Delinquent FFELP Borrowers, Understanding the Consequences of Default, Board of Governors Dental Scholarship Loan Program (BGDSL), Board of Governors Dental Scholarship Loan (BGDSL) Loan Forgiveness FAQ, Board of Governors Dental Scholarship Loan Program (BGDSL) Deferment FAQ, Board of Governors Dental Scholarship Loan (BGDSL) Cash Repayment FAQ, Board of Governors Medical Scholarship Loan Program (BGMSL), Board of Governors Medical Scholarship Loan Program (BGMSL) Deferment FAQ, Board of Governors Medical Scholarship Program (BGMSL) Loan Forgiveness FAQ, Board of Governors Medical Scholarship Loan Program (BGMSL) Cash Repayment FAQ, Forgivable Education Loans for Service (FELS), Forgivable Education Loans for Service (FELS) Cash Repayment FAQ, Forgivable Education Loans for Service (FELS) Deferment FAQ, Forgivable Education Loans for Service (FELS) Loan Forgiveness FAQ, Future Teachers of North Carolina (FTNC) Cash Repayment FAQ, Future Teachers of North Carolina (FTNC) Loan Forgiveness FAQ, Future Teachers of North Carolina (FTNC) Deferment FAQ, Health, Science and Mathematics Student Loan Program (HSM), Health, Science, and Mathematics Student Loan Program (HSM) Loan Forgiveness FAQ, Health, Science and Mathematics Student Loan Program (HSM) Deferment FAQ, Health, Science and Mathematics Student Loan Program (HSM) Cash Repayment FAQ, Health, Science, and Mathematics Student Loan (HSM) Careers, Millennium Teacher Scholarship Loan Program (MTSLP), Millennium Teacher Scholarship Loan Program (MTSLP) Cash Repayment FAQ, Millennium Teacher Scholarship Loan Program (MTSLP) Loan Forgiveness FAQ, Millennium Teacher Scholarship Loan Program (MTSLP) Deferment FAQ, North Carolina Teaching Fellows Program (TFP-S) Cash Repayment FAQ, North Carolina Teaching Fellows Program (TFP-S) Deferment FAQ, North Carolina Teaching Fellows Program (TFP-S) Loan Forgiveness FAQ, Nurse Educators of Tomorrow Program (NET), Nurse Educators of Tomorrow Program (NET) Cash Repayment FAQ, Nurse Educators of Tomorrow Program (NET) Loan Forgiveness FAQ, Nurse Educators of Tomorrow Program (NET) Deferment FAQ, Nurse Scholars Program (NSP/MNSP) Deferment FAQ, Nurse Scholars Program (NSP/MNSP) Cash Repayment FAQ, Nurse Scholars Program (NSP/MNSP) Loan Forgiveness FAQ, Optometry Scholarship Loan Program (OSL) Cash Repayment FAQ, Optometry Scholarship Loan Program (OSL) Deferment FAQ, Optometry Scholarship Loan Program (OSL) Loan Forgiveness FAQ, Physical Education-Coaching Scholarship Loan Program (PEC), Physical Education Coaching Scholarship Loan Program (PEC) Cash Repayment FAQ, Physical Education Coaching Scholarship Loan Program (PEC) Deferment FAQ, Physical Education Coaching Scholarship Loan Program (PEC) Loan Forgiveness FAQ, Principal Fellows Program (PFP) Cash Repayment FAQ, Principal Fellows Program (PFP) Deferment FAQ, Principal Fellows Program (PFP) Loan Forgiveness FAQ, Prospective Teachers Scholarship Loan Program (PTSL), Prospective Teachers Scholarship Loan Program (PTSL) Cash Repayment FAQ, Prospective Teachers Scholarship Loan Program (PTSL) Loan Forgiveness FAQ, Prospective Teachers Scholarship Loan Program (PTSL) Deferment FAQ, Nurse Education Scholarship Loan Program (NESLP), Nurse Education Scholarship Loan Program (NESLP) Cash Repayment FAQ, Nurse Education Scholarship Loan Program (NESLP) Deferment FAQ, Nurse Education Scholarship Loan Program (NESLP) Loan Forgiveness FAQ, Teaching Fellows Program (awards before July 1, 2015), Notice under the Americans with Disabilities Act. You must complete loan forgiveness within seven years of graduation, excluding periods of approved deferments. You are not eligible for loan consolidation if NCSEAA holds a judgment against you for the loans that you are attempting to consolidate or if you were not eligible to receive these loans.