North Carolina General Statutes
Article 23 - State Education Assistance.
§ 116-209.28 - Administration of scholarships previously awarded by the Principal Fellows Program.

116-209.28. Administration of scholarships previously awarded by the Principal Fellows Program.
(a) The Authority shall, as of July 1, 2021, administer all outstanding scholarship loans previously awarded by the former North Carolina Principal Fellows Commission and subject to repayment under the former Principal Fellows Program administered pursuant to Article 5C of this Chapter.
(b) All funds received by the Authority in association with its administration of the Principal Fellows Program, including all funds received as repayment of scholarship loans and all interest earned on these funds, shall be deposited into the North Carolina Principal Fellows and TP3 Trust Fund established in G.S. 116-74.41B. (2019-60, s. 1(v).)

Structure North Carolina General Statutes

North Carolina General Statutes

Chapter 116 - Higher Education

Article 23 - State Education Assistance.

§ 116-201 - Purpose and definitions.

§ 116-202 - Authority may buy and sell students' obligations; undertakings of Authority limited to revenues.

§ 116-203 - Authority created as subdivision of State; appointment, terms and removal of board of directors; officers; quorum; expenses and compensation of directors.

§ 116-204 - Powers of Authority.

§ 116-204.1 - Council on residency determination policies.

§ 116-205 - Title to property; use of State lands; offices.

§ 116-206 - Acquisition of obligations.

§ 116-207 - Terms of acquisitions.

§ 116-208 - Construction of Article.

§ 116-209 - Reserve Trust Fund created; transfer of Escheat Fund; pledge of security interest for payment of bonds; administration.

§ 116-209.1 - Provisions in conflict.

§ 116-209.2 - Reserves.

§ 116-209.3 - Additional powers.

§ 116-209.4 - Authority to issue bonds.

§ 116-209.5 - Bond resolution.

§ 116-209.6 - Revenues.

§ 116-209.7 - Trust funds.

§ 116-209.8 - Remedies.

§ 116-209.9 - Negotiability of bonds.

§ 116-209.10 - Bonds eligible for investment.

§ 116-209.11 - Additional pledge.

§ 116-209.12 - Credit of State not pledged.

§ 116-209.13 - Tax exemption.

§ 116-209.14 - Annual reports.

§ 116-209.15 - Merger of trust fund.

§ 116-209.16 - Other powers; criteria.

§ 116-209.16A - Information on career and major options.

§ 116-209.17 - Establishment of student assistance program.

§ 116-209.18 - Powers of Authority to administer student assistance program.

§ 116-209.19 - Grants to students.

§ 116-209.19A - Limit semesters eligible for need-based grants and scholarships[Effective until January 1, 2023]

§ 116-209.20 - Public purpose.

§ 116-209.22 - Constitutional construction.

§ 116-209.23 - Inconsistent laws inapplicable.

§ 116-209.24 - Parental loans.

§ 116-209.25 - Parental Savings Trust Fund.

§ 116-209.27 - Administration of scholarships previously awarded by Teaching Fellows Program.

§ 116-209.28 - Administration of scholarships previously awarded by the Principal Fellows Program.

§ 116-209.45 - Forgivable Education Loans for Service Program and Fund.

§ 116-209.50 - Recodified as G.S§ 127A-190, effective November 18, 2021.

§ 116-209.51 - Recodified as G.S§ 127A-191, effective November 18, 2021.

§ 116-209.52 - Recodified as G.S§ 127A-192, effective November 18, 2021.

§ 116-209.53 - Recodified as G.S§ 127A-193, effective November 18, 2021.

§ 116-209.54 - Recodified as G.S§ 127A-194, effective November 18, 2021.

§ 116-209.55 - Recodified as G.S§ 127A-195, effective November 18, 2021.

§ 116-209.60 - Definitions.

§ 116-209.61 - North Carolina Teaching Fellows Commission established; membership.

§ 116-209.62 - North Carolina Teaching Fellows Program established; administration.

§ 116-209.63 - Terms of forgivable loans; receipt and disbursement of funds.

§ 116-209.80 - Definitions.

§ 116-209.81 - Eligibility requirements for a scholarship.

§ 116-209.82 - Semester limitation on eligibility for scholarship.

§ 116-209.83 - Scholarship amounts; adjustment of scholarship amounts.

§ 116-209.84 - Scholarship administration; reporting requirements.

§ 116-209.85 - Scholarship Reserve Fund for Public Colleges and Universities.

§ 116-209.90 - Tuition grants for graduates to attend a constituent institution.

§ 116-209.91 - Administration of tuition grants.