However, the loan may not exceed the cost of attendance minus estimated financial assistance. Visit the website of College Foundation, Inc. for additional information. North Carolina Student Loan Program for Health, Science and Mathematics Legal residents of North Carolina accepted as full-time students in accredited programs leading to an associate degree are eligible for this program. At BCCC, studies must be in Nursing, Medical Technologies, Computer Technology, Electrical Engineering Technology, and Electronic Engineering Technology. Award recipients are chosen according to major, academic capabilities, and financial need.
Loans are renewable annually based on satisfactory academic progress.
Loans must be supported by a promissory note with notarized signatures from the recipient and two sureties. Repayment begins 90 days or less after completion of course work or training. Under specified conditions, certain loan recipients in qualifying disciplines may have their loans canceled through practice service in North Carolina. Employment includes jobs in the Learning Resources Center, laboratories, supply room, and offices. Funds for these student jobs are provided by the federal government through its College Work-Study Program, and the rate of pay is regulated by the federal minimum wage law.