Are there any programs or incentives for students who take on student loan debt?

Yes, there are programs and incentives available to students in North Carolina who take on student loan debt. The state of North Carolina offers a Loan Repayment Program, which gives students a portion of their loan payment back after making a certain number of on-time payments. The amount of the payments is determined by the amount of the loan and the type of loan. The state also offers a scholarship program called the NC Leverage for Tuition Assistance (NC-LTA), which helps students to pay for college tuition and related fees. The program is designed to provide assistance to students with financial need and to reduce the amount of student loan debt that they have to take on. Other incentives that are available include reduced interest rates for some loans, as well as the ability to defer payments for up to 12 months for certain loans. Additionally, some private lenders may offer special discounts and incentives to students who take out student loans. Overall, the state of North Carolina has numerous options available to students who take on student loan debt. These incentives and programs can help students minimize their debt and make it easier to pay for college.

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