CFC Begins University of Mount Olive Scholarship

Cows grazing in a field

STATESVILLE, NC – Carolina Farm Credit is pleased to announce that it will be providing four $2,000 scholarships to University of Mount Olive students starting in 2018.  Applications will be submitted through the University of Mount Olive’s website here: [].  The deadline to Apply is April 30th.

“By partnering with Carolina Farm Credit, the University of Mount Olive will be able to further help young people who are interested in agriculture realize their dreams of working in the top industry in our state.” – Dr. Sandra Maddox, Director, Lois G. Britt Agribusiness Center, University of Mount Olive.

In order to be eligible, applicants must:

  1. Live in one of the 54 counties that Carolina Farm Credit serves.
  2. Be enrolled in a four-year agriculture program at the University of Mount Olive.
  3. Possess a GPA of 2.5 or higher.

Carolina Farm Credit adds these scholarships to those they already have in place at North Carolina State University and North Carolina A&T University.  More information about all of the scholarships available and where to apply can be found at

“Our scholarships allow us an opportunity to support young people that will make a difference in their rural communities.  We are thrilled to be able to support these college students by helping them further their education." Vance Dalton, CEO, Carolina Farm Credit.

Carolina Farm Credit is a stockholder-owned cooperative providing financing to full and part-time farmers and agricultural-related businesses and also provides financing for the construction and purchase of homes in 54 counties through 32 branch offices.  Other financial services available are credit life insurance, appraisal services, leasing programs and financial planning.

For 100 years Farm Credit has been supporting rural communities and agriculture with reliable, consistent credit and financial services. 

Carolina Farm Credit serves over 10,000 members with loans outstanding totaling more than $1.4 billion.  The association’s territory covers the western half of North Carolina, with branch offices located in Albemarle, Asheboro, Asheville, Boone, Browns Summit, Burnsville, Carthage, Concord, Conover, Ellerbe, Graham, Hendersonville, Jefferson, Lenoir, Lexington, Lincolnton, Monroe, Murphy, Pilot Mountain, Roxboro, Rural Hall, Salisbury, Shelby, Siler City, Sparta, Spindale, Statesville, Taylorsville, Waynesville, Wilkesboro, Yadkinville, and Yanceyville.

Directors for Carolina Farm Credit are W. Rex Bell, Chairman, Statesville, David M. Coltrane, Vice-Chairman, Pleasant Garden; John M. Barnard, Statesville; E. Bernard Beck, Seagrove; Mark A. Bray, Lawsonville; Susie J. Gambill, Sparta; Joseph A. Lail, Shelby; Clark M. Newlin, Haw River; Thomas E. Porter, Jr., Concord;  Eric McPherson, Snow Camp; D. Kaleb Rathbone, Waynesville; Lewis E. Smith, Lincolnton; Vickie N. Smitherman, East Bend; L. Kim Starnes, Salisbury; Dr. Alton Thompson, Summerfield.