The Forgivable Education Loans for Service (FELS) Program provides financial assistance to qualified North Carolinians who are committed to working in fields designated as critical employment shortage areas in North Carolina.
A FELS loan for one academic year generally will be forgiven for one year of full-time employment. If not repaid in that way, repayment in cash per terms of the promissory note will be required.
The priority deadline for fall applications is April 1, 2015. Applications are reviewed on a first-come, first-served basis. The 2015-16 application form and detailed information about program requirements are available at CFNC.org/FELS.