Carolinas College of Health Sciences

FINANCIAL AID

Carolinas College of Health Sciences administers financial aid without regard to race, national origin, religion, sex, age or disability. We offer a comprehensive program of federal and nonfederal aid to assist students in meeting educational expenses.

Student Loan Forgiveness Program
Carolinas HealthCare System offers a loan agreement to finance 80 percent of tuition and fees for students enrolled in approved healthcare programs. This loan defers payment on principal and interest until the student leaves the program by withdrawal, dismissal or graduation. Payment plans are available at that time. If the graduate becomes employed by a specific Carolinas HealthCare System facility, a work repay option is available. The Student Loan Program is available at the discretion of Carolinas HealthCare System.

Nothing contained in this Agreement shall be construed to be a promise or guarantee that Borrower shall be employed by CHS following completion of the Program. Nor shall this Agreement be construed to be a promise or guarantee that Borrower will remain a full-time employee of CHS during the loan forgiveness period. CHS reserves the right to make all decisions concerning Borrowers employment at CHS.

Federal Student Aid
Students enrolled in a program of study at Carolinas College of Health Sciences may be eligible for the following federal student aid programs:

  • Federal Pell Grant Program
  • Federal Family Educational Loan Program - Federal Stafford Loan and Federal PLUS (Parent Loan for Undergraduate Students)
  • Federal Supplemental Educational Opportunity Grant Program
  • Federal Work-Study

Information and application procedures for participation in these programs can be obtained in the Financial Aid Office or visiting the US Department of Education Federal Student Aid Web site.

Eligibility for Federal Aid Programs
To determine eligibility, the financial circumstances of the student and/or family will be reviewed according to a methodology established by the US Congress. Items considered: the income and assets of the student and/or family, the number of persons in the household and the number in college, taxes paid, medical expenses and awards from private sources.

Scholarships
Funds from Carolinas HealthCare Foundation, local individuals, businesses and organizations are made available to students each year in the form of scholarships. Scholarship criteria may include academic achievement and financial need. Additional information may be obtained from the Financial Aid Office. Examples of current aid sources:

  • Carolinas HealthCare Surgical Technology Academic Scholarship
  • Carolinas Nursing Endowment Scholarship
  • Charles U. Mauney Medical Technology Scholarship
  • Clontz Nursing Scholarship
  • Carolinas HealthCare Auxiliary Scholarship
  • Cynthia Favorite Nursing Scholarship
  • Marilyn F. Gaffney Memorial Scholarship
  • Harris Nursing Scholarship
  • Hollandsworth Scholarship
  • Hunter Nursing Scholarship
  • Hylton Nursing Scholarship
  • Nell Nurkin Nursing Scholarship
  • North Carolina Student Loan Program for Health, Science & Mathematics Nurse Scholars
  • Nursing Advancement Scholarship
  • Spaugh Nursing Scholarship
  • Special Needs Nursing Scholarship
  • Stack Nursing Scholarship
  • Stone Nursing Scholarship
  • George Tillery Scholarship

Veterans Benefits
Most of our programs are approved by the North Carolina State Approving Agency for the enrollment of persons eligible for education assistance benefits from the U.S. Department of Veterans Affairs (V.A.). Information about monetary benefits is available from the U.S. Department of Veterans Affairs Regional Office in Winston-Salem, NC. Information about available programs at this institution is available from the Financial Aid Office.

Additional Financial Aid Information