College Foundation, Inc. (CFI), a not-for-profit corporation serving North Carolina students and families since 1955, adminis ... ters a large portfolio of education loans, several major grant scholarship programs for students attending N.C. college and universities, and the tax-free "529" college savings program on behalf of the N.C. Education Assistance Authority. CFI also delivers information to North Carolina students and families about paying for college, assists colleges and universities with financial aid services, and provides technology services to the College Foundation of North Carolina (CFNC) education partnership. read more