Future Teachers of North Carolina

Juniors and Seniors from North Carolina working on a baccalaureate degree in teacher education, with licensure in math, science, special education or English as second language, may apply for a scholarship/loan of $6,500 per year.

North Carolina Scholars Programs

If you are a North Carolina resident interested in a career in Nursing, Science, Mathematics, or Allied Health Sciences, consider applying for one of three North Carolina Scholars Programs.

Mary Morrow - Edna Richards Scholarship

Junior education majors from North Carolina may apply for $1,000 scholarships, to be used during the senior year. Applicants must be willing to teach in the public schools of North Carolina for at least two years following graduation. Applications are available in the Office of Student Financial Aid. For more infomation, contact the North Carolina Association of Educators at 1-800-662-7924, ext. 214.

The North Carolina Hispanic College Fund

The North Carolina Hispanic College Fund awards annual scholarships worth between $500 and $2,500.  Scholarships recipients are recent graduates of North Carolina high schools who are of Hispanic/Latino background.  Recipients of a NC Hispanic College Fund scholarship must enroll in a degree program at a community college or a 2- or 4-year college/university and be committed to public service and community development.

NC Prospective Teacher Scholarship Loan Program

Students who are pursuing college degrees to become teachers in the public schools of North Carolina may apply for $2,500 per year. One year of service as a full time teacher in the State's public schools cancels one year of funding support received.

The Sallie Mae Fund

Students can now apply for more than $2 million in scholarships from The Sallie Mae Fund, a charitable organization sponsored by Sallie Mae.

Delivered through The Fund's Project Access program, these scholarships target low income and minority populations in an effort to increase access to higher education. Project Access addresses three key barriers to higher education-awareness of financial aid, academic performance and financial need.

Loan Payment Holiday for NC Public School Teachers and Counselors

College Foundation of North Carolina provides a loan payment holiday for NC public school teachers nd counselors who have a North Carolina Federal Family Education Loan, and who begin their first year of teaching or counseling on or after July 1, 2005. The first loan payment holiday occurred in December 2006. No eligible borrower will have annual payments exceeding $375.

Prevent Identity Theft

The United States Department of ducation and the Federal Trade Commission provide information about preventing identity theft on their web sites.


Fraudulent Telemarketer Alert

The North Carolina State Education Assistance Authority has issued an alert that fraudulent telemarketers are attempting to charge a fee of $150 to provide information about state grants. Be wary of fee-based offers to provide financial aid information. If you suspect that you have received a fraudulent offer, contact the Attorney General's office in your state.


If you believe that you are the victim of a scholarship scam, contact any of the following agencies:

Federal Trade Commission
877-382-4357

National Fraud Information Center
800-876-7060

Better Business Bureau
703-276-0100

U.S. Postal Inspection Service
800-654-8896

2009-10 Federal Loan Interest Rates

Federal Stafford Loans

For loans disbursed between July 1, 1998, and June 30, 2006, the variable Stafford loan rate from July 1, 2009, through June 30, 2010, is 1.88% while a student is enrolled at least half-time, and 2.48% in repayment.

A fixed rate of 6.8% went into effect on July 1, 2006 for loans disbursed on or after July 1, 2006.

Federal PLUS Loans

For loans disbursed between July 1, 1998, and June 30, 2006, the variable PLUS interest rate from July 1, 2009, through June 30, 2010, is 3.28%.

A fixed rate of 8.5% went into effect on July 1, 2006 for loans disbursed on or after July 1, 2006.

Student Loan Consolidation

With multiple loans from various lenders, many graduates are considering loan consolidation. Click on this link for more information.

Navy Baccalaureate Degree Completion Program

The Navy Baccalaureate Degree Completion Program offers up to $85,000 to complete your degree. Your service obligation can be fulfilled in four years. To be eligible, you must have completed 30 semester hours, have at least a 2.7 GPA, be younger than 34 years old, and meet the Navy's physical requirements. For more information, call 800-USA-NAVY.

Hispanic Scholarship Fund

Applicants must meet all of the following five requirements to apply for a scholarship through the Hispanic Scholarship Fund:

* Be of Hispanic Heritage: persons descended from Mexican, Puerto Rican, Cuban, Dominican, Central American (excluding Belize), South American (excluding Guyana, Suriname and French Guiana), or other Spanish cultures
* Be a US citizen OR legal permanent resident with a valid permanent resident card or passport stamped I-551
* Have a minimum 3.0 cumulative GPA on a 4.0 scale (or the equivalent)
* Be pursuing or plan to pursue your first undergraduate or graduate degree
* Must apply for federal financial aid using the Free Application for Federal Student Aid (FAFSA)


Hispanic College Fund

Last year the Hispanic College Fund awarded $1.8 million to over 615 students nationwide. HCF Scholars not only benefit from funding, but also from joining a network of HCF Scholars, corporate executives and government leaders vested in developing the next generation of Hispanic professionals.

Block Credit Bureaus from Selling Your Name

Credit bureaus are permitted to sell your name, address, and other contact information as a part of a mailing list to companies that wish to offer you additional credit. To stop the four major credit bureaus from selling your contact information, you may call 888-567-8688.

Remove Your Name from Telemarketing Call Lists

To stop telemarketers from calling you, you may ask individual callers to put you on their "Do Not Call" list. After your request, a federal law requires the company to stop calling you. To stop other companies from telemarketing you, you may enroll in the National "Do Not Call" registry on the Web: www.donotcall.gov. Or call 888-382-1222.
(This information has been provided by Sallie Mae.)

Outside Scholarship Announcements

Wake Forest University does not endorse any outside scholarship organization, but is pleased to make students aware of possible scholarship opportunities that they may then investigate themselves. This link includes recent information on selected outside scholarships. For more opportunities, look in the Outside Scholarship Notebook on the front table in the Office of Financial Aid.

When applying for outside scholarships, it is important to be aware of the university's outside scholarship revision policy.
Click here for more information about our outside scholarships policy.

For free information about financial aid, contact our office, or visit one of the following sites to conduct your own scholarship search.

The College Board

Finaid Online

United States Department of Education