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---
type: "Bill"
title: "Establish Forgivable Loan Fund."
description: "Establish Forgivable Loan Fund."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2011"
identifier: "SB 137"
citation: "North Carolina SB 137 (2011)"
classification: ["bill"]
subjects: ["AUTHORITIES", "COLLEGES & UNIVERSITIES", "EDUCATION", "EDUCATION ASSISTANCE AUTHORITY", "FINANCIAL SERVICES", "HIGHER EDUCATION", "LOANS", "PRESENTED", "PUBLIC", "RATIFIED", "TUITION", "CHAPTERED", "SEN. STEVENS", "SCHOLARSHIPS", "SEN. VAUGHAN"]
status: "enacted"
primary_sponsors: ["Stevens"]
version_count: 7
action_count: 23
vote_count: 2
first_action: "2011-02-24"
last_action: "2011-05-12"
source: "openstates"
source_identifier: "ocd-bill/460cf43a-4fb1-45d0-b3b5-28badd090c06"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2011&BillID=S137&votesToView=all"
source_hash: "8f689fae41ee38b9318b87d28617f096abfc8b6135dd64c3b10ea8784cfb651c"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---
# North Carolina SB 137 (2011) — Establish Forgivable Loan Fund.
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v0.pdf)
2. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v1.pdf)
3. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v2.pdf)
4. **Edition 3** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v3.pdf)
5. **Edition 4** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v4.pdf)
6. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v5.pdf)
7. **SL2011-74** (committee substitute) — [source](http://www.ncleg.net/Sessions/2011/Bills/Senate/PDF/S137v6.pdf)
## Votes
- Second Reading — **1120** (pass) · lower
- Motion 9\To Concur — **490** (pass) · upper
## Sponsors
- Stevens — primary (person)
- Atwater — cosponsor (person)
- McKissick — cosponsor (person)
- Vaughan — cosponsor (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2011-05-12** Ch. SL 2011-74 `became-law`
- **2011-05-12** Signed By Gov. 5/12/2011 `executive-signature`
- **2011-05-05** Pres. To Gov. 5/5/2011 `executive-receipt`
- **2011-05-04** Ratified
- **2011-05-03** Concurred In H/com Sub `amendment-passage`
- **2011-05-02** Placed On Cal For 5/3/2011
- **2011-05-02** Rec To Concur H Com Sub
- **2011-04-28** Passed 2nd & 3rd Reading `passage, reading-2, reading-3`
- **2011-04-26** Placed On Cal For 4/28/2011
- **2011-04-26** Cal Pursuant Rule 36(b)
- **2011-04-26** Reptd Fav Com Sub 2 `committee-passage-favorable`
- **2011-04-06** Re-ref Com On Finance `referral-committee`
- **2011-04-06** Reptd Fav Com Substitute `committee-passage-favorable`
- **2011-03-28** Ref to the Com on Education, if favorable, Finance `referral-committee`
- **2011-03-28** Passed 1st Reading `reading-1`
- **2011-03-23** Passed 2nd & 3rd Reading `passage, reading-2, reading-3`
- **2011-03-22** Com Amend Adpt & Engross 1
- **2011-03-22** Reptd Fav As Amended `committee-passage-favorable`
- **2011-03-16** Re-ref Com On Finance `referral-committee`
- **2011-03-16** Reptd Fav `committee-passage-favorable`
- **2011-02-28** Ref to Education/Higher Education. If fav, re-ref to Finance `referral-committee`
- **2011-02-28** Passed 1st Reading `reading-1`
- **2011-02-24** Filed `introduction`
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/460cf43a-4fb1-45d0-b3b5-28badd090c06`. Confidence: reported (aggregated from official North Carolina legislature records).