A new $7 million investment in the college of education is boosting the fortunes of the North Carolina State University graduate who hopes to become the first person to become a college principal.
The deal, announced Wednesday, will provide $5 million in loans and grants to be used by the college’s Board of Governors to help build a new four-year degree and career center and expand the school’s online learning offerings.
The North Carolina Institute of Technology is also making a $1.6 million investment to support research and development for a new online education service called Connect.
It is the latest investment by North Carolina universities to make in higher education.
The university is one of three major public institutions to announce new investments in higher ed, the others being the University of Illinois at Chicago and University of Michigan.