Are you a borrower affected by COVID-19?

President Biden recently directed the US Department of Education to extend the relief provided for student loans owned by the federal government in the CARES Act. The extension did not include relief for any other student loan holders. Loans serviced by College Foundation, Inc. are neither Direct Loans nor owned by the federal government and were not included in the CARES Act.

If you have been affected in any way by the coronavirus outbreak, there are options available to help with your student loans. CFI can help you by granting a capping, discretionary forbearance for up to 3 months upon request. You may qualify for a deferment of payments based on your circumstances such as unemployment or economic hardship. You can check out the various options by clicking on the Loan Repayment link on the left of the screen or calling us at 800-722-2838 Mon-Thurs from 8am-7pm or Friday from 8am-5pm with any questions. Our call center counselors are trained to help you understand the options available.

Additional information on free student-aid related COVID-19 guidance can be found on We will continue to monitor any legislation in regards to COVID relief and provide updates if additional options become available.

Get Help Paying for College

What is financial aid? Financial aid is money that is given or borrowed to help pay for college. It can come from federal, state, local, school and private entities. North Carolina and the federal government award millions of dollars each year to help students pay for college. So where to start?

Start With FAFSA

Always start with the FAFSA because it’s necessary to determine your eligibility for federal and state financial aid.

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Grants Scholarships
Grants & Scholarships

After you've submitted your FAFSA, start looking into grants and scholarships. These are types of aid that you typically do not have to repay.

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Work Study
Work-Study Programs

This federal program allows students to work part-time jobs to help pay for their education expenses. Some schools have their own work-study programs as well.

See what's available
Student Loans
Student Loans

Once you've exhausted all other forms of financial aid, it may be time to consider a student loan. Students and parents can find education loans to help cover college costs.

Find out how