Millennium Teacher Scholarship Loan Program (MTSLP)This program was adopted and funded by the 2004 North Carolina General Assembly to provide need-based financial aid to high school seniors interested in preparing to teach in the State's public schools and enroll in Historically Black Colleges and Universities that do not have the NC Teaching Fellows Scholarship Program.
Eligibility: Applicants Must:
Application Procedure: Applicants must apply through the financial aid office at one of the respective institutions. Applicants must sign a promissory note.
Teaching Obligation: Scholarship recipients are required to teach in a North Carolina public school for one year for each year of scholarship assistance received. Recipients have seven years from the date of graduation to cancel through service or ten years to repay the loan through cash payment at 10% interest.