Bill > H110

This bill establishes the National Guard Student Loan Repayment Program in North Carolina to incentivize service in the state's National Guard by providing student loan repayment awards. The program will be administered by the North Carolina National Guard Adjutant General, who will create rules and guidelines for awarding funds. Eligible active members can receive up to $50,000 for an initial three-year term of service, with an additional $10,000 available for each year of service beyond three years. Recipients must sign an agreement to repay the award if they fail to complete their service term, either by voluntarily leaving or being discharged for misconduct. The program will be funded through a special nonreverting fund that includes General Fund appropriations, gifts, donations, and grants. The bill appropriates $25,540,900 in nonrecurring funds for the program's first fiscal year (2025-2026) and an additional $180,000 in recurring funds to hire communications professionals. The program is set to become effective on July 1, 2025, with the goal of attracting and retaining National Guard members by helping them manage their student loan debt.

Budget and Finance, Military Affairs and Security

https://www.ncleg.gov/BillLookUp/2025/H110