Federal Perkins Loans
Loans of up to $3,000 per academic year are awarded to students who demonstrate significant financial need according to College criteria. Nine months after the student leaves the College, repayment begins and interest on the outstanding balance begins to accrue at a rate of 5%, compounded quarterly. Additional information about Federal Perkins Loans is published in The Student Guide, available from the U.S. Department of Education.

Federal Stafford Loans
Loans of up to $2,625 for first year undergraduates are made according to the federal eligibility formula. Continuing students may receive up to $3,500 in their second year of enrollment, and up to $5,500 for the junior and senior years. Origination fees are deducted from each year's loan; interest accrues at a variable rate, which is adjusted annually. Repayment begins six months after the student leaves the College. Students with high need-based eligibility may qualify for a federal interest subsidy. Additional information about Federal Stafford Loans is published in The Student Guide, available from the U.S. Department of Education.

• CitiAssist Loan
• Gate Student Loan
• North Carolina Extra Education Loan
• PLUS Loans
• Unsubsidized Federal Stafford Loan
• Wachovia Education Loan

Please contact the Office of Admission (704-894-2230) and Financial Aid (704-894-2232) if you have questions about these financial assistance options. Our staff will be glad to assist you.

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