The crash happened Friday around 3:30 p.m. in Johnston County near the intersection of Crocker Lane and Webb Mill Road in the Four Oaks Community. That's about five miles south of Smithfield.
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Pictures from the scene show a white car flipped onto its side and pushed off the side of the road. The school bus remained upright but was parked in the grass off the shoulder of the road.
According to Johnston County Public Schools, 14 students and a driver were on bus 618 at the time of the crash. Eight students were taken to the hospital for treatment.
The NCSHP said Trevor Elijah Jordan Grice, 30, of Smithfield, was charged with felony hit and run, no liability insurance, expired registration, driving while license revoked, display fictitious registration, expired inspection, and unsafe movement.
His first court appearance is set for Monday at 2 p.m. at the Johnston County Courthouse.
Troopers said Grice was speeding after having an argument at his ex-girlfriend's house in the area. The car hit the bus at a high rate of speed and flipped on its side. He then ran away from the scene.
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The bus sustained significant damage to its front end and wound up in someone's front yard.