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These are loans that are repaid with a service obligation.
How does that work? Generally, the State of North Carolina issues a
loan to pay for your education. That loan is then forgiven as you
work in your selected (and might we add, needed) field within North
Carolina.
It can be the best of all possible worlds! You get a free education
in a field you would like to study, and North Carolina benefits from
your needed expertise! |