At College Foundation Inc., we strive to keep our employees and organization safe. Due to COVID-19, we have transitioned to remote working. We understand that this is an unsettling time. We still want to be a resource to North Carolinians for all questions about education, so our call centers are still operating! Call us at 866-866-2362 Mon-Thurs from 8am-6pm or Friday from 8am-5pm for any questions regarding saving, planning, applying, and paying for college!
If you have been affected in any way by the coronavirus outbreak there are options available to help with your loans. You may qualify for a deferment based on your circumstances, such as unemployment or economic hardship. You may also request a 3-month forbearance on your loans. The President has mentioned relief options for federally owned student loans over last several weeks. Loans held or serviced by College Foundation, Inc. are not federally owned. The options available for your loans with CFI are mentioned above. If this should change, we will keep you updated here. Our call center counselors are trained to help you understand the options available.
FAFSA: It Doesn't Matter How You Say It,
As Long As You Do It!
Federal and state financial aid puts college within reach for millions of students every year. The federal government alone provides more than $150 billion in grants, work-study funds, and loans each year. But, to receive any of that money, you have to see if you qualify – which can only be determined if you complete the Free Application for Federal Student Aid (FAFSA).
Despite the availability of financial help, the US Department of Education reported that students in 2015 missed out on more than $2.7 billion in aid for college by not submitting their FAFSA.