Student Loans

Student loans are available through the College Foundation of NC website. Here you can access campus tours of North Carolina colleges and universities, as well as online admission and loan applications. College Foundation, Inc. (CFI) is a non-profit corporation created for the purpose of assisting post-secondary students with educational expenses. Zard members under 18 must have a parent or legal guardian as a co-borrower.

• Maximum loan amount for undergraduate students is $3,500 for the first year, $4,500 for the second year and $5,500 for the remaining years.
• Maximum loan amount for graduate students is $8,500 per year.
• Payments are deferred until 6 months after school enrollment ends.
• Terms and conditions are subject to change as a result of amendments to federal and state law.
• Federally subsidized loans offered for those who demonstrate financial need.
• Unsubsidized loans available to those who do not demonstrate a financial need. The interest must be paid quarterly, but the interest rate is the same as a subsidized loan.
• Applications may be obtained through CFI's website or through the financial aid office of the community college or university to be attended.

Another way to help save for school expenses is the Coverdell Education Savings Account.