|1.||What are the estimated costs of attending UNC-Chapel Hill for the upcoming academic year?|
|You can find the most current general budget information that we have available by visiting:
For additional budget details pertaining to specific programs (including certificate programs), please contact our office.
You can also estimate your financial aid and out-of-pocket expenses at UNC by using the College Board’s Net Price Calculator.
|2.||How do I apply for financial aid?|
The financial aid process for full-time, undergraduate students working on your first bachelor’s degree begins with submission of both a Free Application for Federal Student Aid form (FAFSA) and a CSS/PROFILE application. The FAFSA is used to evaluate your eligibility for federal financial aid and the CSS/PROFILE is used to evaluate your eligibility for need-based grants, scholarships, and loans particular to UNC-Chapel Hill. Grants, scholarships, lower-interest loans, and funds for campus work-study jobs are limited. To receive the maximum amount of financial aid for which you qualify, you should submit your FAFSA and CSS/PROFILE as soon after January 1 as possible. If you are an incoming first-year or transfer student, do not wait to know if you will be admitted to UNC-Chapel Hill before completing a FAFSA and a CSS/PROFILE application.
The “priority application deadline” is March 1, but your financial aid eligibility cannot be fully assessed and an award be offered to you until we have any and all addition documentation we request of you. So don’t delay — and be sure to click the Submit button when filing your FAFSA and CSS/PROFILE!
|3.||Do I need to apply for financial aid each year?|
|Yes, you must file the financial aid applications as described in FAQ#2 every year at Carolina. Financial circumstances change from year to year; thus, it is necessary to file for financial aid each year.|
|4.||I’m a new transfer student. How do I apply for financial aid?|
|New transfer students follow the same application process and are awarded in the same manner as other students. All types of Undergraduate financial aid are available to transfer students but certain specific scholarships are limited only to first-year students.|
|5.||I’m an international student studying at UNC-Chapel Hill. Am I eligible for financial aid?|
|Only Permanent Residents or citizens of the United States are eligible for need-based federal and institutional funds. Follow the instructions on the fafsa.gov website to determine your eligibility status.|
|6.||What are the FAFSA and CSS/PROFILE application codes for UNC-CH?|
|The FAFSA Title IV Code is 002974. The CSS/PROFILE Code is 5816.|
|7.||How do I know if you’ve received my FAFSA and CSS/PROFILE data?|
|Once you have submitted the FAFSA CSS/PROFILE and have received your UNC login information from UNC-Chapel Hill Admissions, you should log in and find and click the link to “Financial Aid”. When we have received your FAFSA and/or CSS/PROFILE data, a link to the appropriate academic period will be displayed on your financial aid page.|
|8.||I’ve submitted my FAFSA and CSS/PROFILE application. How do I know if you need something else from me?|
|Once you have submitted your FAFSA and CSS/PROFILE and have received your UNC login information from UNC-Chapel Hill Admissions, you should log in and find and click the link to “Financial Aid”; OR, if you have already been admitted and have a ConnectCarolina login, log in to your ConnectionCarolina Student Center pages and click on your “Financial Aid” tab. If additional information and/or documents are required from you before your financial aid eligibility can be determined and an award made, these requirements will be displayed under your “To-Do” list. Click each “to-do” item listed and follow the instructions provided for each item.|
|9.||How is my financial aid eligibility determined?|
|Financial aid eligibility is based on the information provided on the FAFSA and/or the CSS/PROFILE. Costs of the school, income and assets of students and parents, and the number of supported household members determined financial aid eligibility.|
|10.||Until my aid eligibility is determined, how much financial aid can I expect to receive?|
|The financial circumstances are specific to each student, so a simple estimate cannot be provided. The Net Price Calculator on our site can help you estimate your financial aid and out-of-pocket expenses at UNC-Chapel Hill. Need-based financial aid awards will be determined by priority filing date, fund availability, and estimated family contribution (EFC).|
|11.||How will I know if I’m awarded financial aid and when should I expect to hear that decision?
|All students will be notified of financial aid by email sent to your official UNC-Chapel Hill email address. Awards may be viewed at your ConnectCarolina Student Center “Financial Aid” pages. Students who have been admitted or are continuing at the University, have submitted the FAFSA, the CSS/PROFILE application, and all other requested documentation by March 1, should expect to receive a financial award decision in March.|
|12.||Can my aid package be adjusted?|
|If a student has legitimate educational expenses not included in the standard budgets (e.g., childcare or special family circumstances that affect their eligibility), information may be submitted in writing to the Office of Scholarships and Student Aid with an itemized explanation of the situation. Changes may be made only with appropriate documentation from you. If unique financial circumstances exist, such as the loss of a job, please contact the office to discuss. Awards are made up-front in a manner that is equitable to all students. As such, they are not able to be negotiated and will only be adjusted in the case of a significant change in income as compared to last year or some other extraordinary circumstance.|
|13.||Can I check my financial aid status online at any time?|
|For new applicants to UNC-Chapel Hill, once you have submitted your FAFSA and the CSS/PROFILE and have received your UNC login information from UNC-Chapel Hill Admissions, you can log in and find and click the link to “Financial Aid”. When your applications have been received, a link to the appropriate academic period will display on your financial aid page. For returning students, to view information regarding your application for financial aid, visit your ConnectCarolina Student Center. When your applications have been received, a link to the appropriate academic period will be displayed on your financial aid page.|
|14.||What types of scholarships do you offer and how do I apply for them?
|15.||Do I need to report to the financial aid office all outside scholarships and awards I’m receiving?|
|Yes, you are required to report any and all outside scholarships and awards. This includes tuition benefits from a parent’s employer. Be aware that outside scholarships and awards may impact your eligibility for other financial aid based upon federal regulations. If revisions are required, UNC-Chapel Hill will first reduce your least beneficial aid. Loans and/or Federal Work Study will be reduced prior to grants and/or scholarships. Our goal is to help you receive and retain the best possible financial aid package that is permissible.
If you are receiving private/outside scholarships, please visit our Types of Aid -> Outside Scholarships page for detailed instructions for you and your aid provider on reporting this aid and remitting your scholarships funds to your student account.
|16.||If I receive an award through my academic department, will it impact my financial aid? And do I need to report it to the financial aid office?|
|Departmental awards can affect your aid eligibility. If your department selects you as an award recipient, the amount will be included in your financial aid package and coordinated with other need-based awards. If changes to your aid package are required, we will first reduce need-based loans and/or work-study before reducing any need-based grants and/or scholarships.
Your department should notify our office of any awards, so you do not need to report it separately.
|17.||I want to work while I attend UNC-Chapel Hill. How do I find employment?|
|There are a few ways to search for jobs. First, students can apply for Federal Work Study by submitting the FAFSA by the March 1 priority deadline. Work Study requires demonstrated financial need based on the FAFSA. Students who wish to work and who are not eligible for the Federal Work Study may seek employment on their own within or outside of the University. You can begin your search for internships and part-time jobs within the University at the UNC-Chapel Hill University Career Services website.|
|18.||Does UNC-Chapel Hill offer funding to study abroad?|
|Students who decide to participate in UNC-Chapel Hill’s Study Abroad programs can receive the financial aid that would have normally been awarded as if on campus. Additional costs associated with studying abroad typically must be met through additional loans or outside scholarships. If you are considering applying to study abroad, you should visit both our Study Aboard/Travel page and the UNC Study Abroad site.|
|19.||Does UNC-Chapel Hill offer financial aid for summer school?|
|UNC-Chapel Hill scholarships/grants are not awarded during the summer terms. The primary funding for summer school is the Direct Loan Program; however, a student may not be eligible for loans during the summer if he or she received the maximum amount during the previous academic year. Students employed in Federal Work-Study during the prior academic year might be able to keep their position for the summer. This eligibility will depend upon available funds each year.
If you think you might attend the upcoming summer term and you have not already filed a FAFSA for the current academic year, do so now. In addition to any other requirements in applying for summer aid at UNC-Chapel Hill, you must also have a FAFSA on file from the academic year immediately preceding the summer session. Any other requirements for applying for summer aid will be posted to our Summer Financial Aid page when it becomes available.
|20.||Am I required to accept my loans, what are the different loan options?|
|Loan options change from time to time. Please refer to our Loans page under “Types of Aid” for information on loan options. You are not required to accept loans. The federal loans offered to you are available in case you need the assistance to pay your student bill. You should borrow only what you need to meet your educational costs. If you choose to not borrow, you would then simply pay your bill without the use of those loan proceeds.|
|21.||When do I have to repay my loans?|
|Federal Perkins and federal Subsidized Direct Loans have a grace period of 9 and 6 months, respectively, from:
Before it is time to start repayment, you should receive a repayment schedule disclosure from your lender that tells you the total amount borrowed, current interest rates, due dates for payments, and total you will pay over the life of the loan if you follow the schedule. You can estimate your monthly repayment amounts using loan repayment calculators on the web. CFNC, FinAid.org, and StudentLoans.gov are among some of the sites offering calculators. Be sure to check with your lender for the various types of payment deferments and loan cancellations available for your particular type of loan.
|22.||How can I apply to become a legal resident of North Carolina?|
|The Office of Scholarships and Student Aid does not determine residency. Visit UNC-Chapel Hill’s Office of University Registrar -> Residency pages for qualification and application information.|
|23.||How can I gain “independent status”?|
|Under the law, a student who is under 24 years of age, not an orphan, not a veteran, not married, not a graduate student, and without dependents may not be treated as “independent” unless there are unusual and extenuating circumstances. A student wishing to be considered for “independent status” who does not meet the *qualifications in the FAFSA application should write a letter of appeal to the Office of Scholarships and Student Aid stating reasons for the appeal. Also required are two letters from third-person, objective care professionals (such as a high school guidance counselor). A financial aid officer in our office will review the appeal to determine whether the federal standard ought to be waived. You will be notified once a decision is reached, which is generally within two to three weeks of receiving all documentation.
*To see the dependency qualifications at FAFSA.gov, click the “Help” button, then click “Help Table of Contents”. Scroll to locate and click the topic “How We Determine Your Dependency Status”.
|24.||What are my Rights and Responsibilities as a financial aid recipient?|
|25.||My question is not addressed here. Whom can I contact to get an answer?|
|We hope many of your questions are answered either here on our website or at your ConnectCarolina Student Center. If, however, you cannot find the answer to your question, you may contact us via email, by phone, or in person.Especially during peak times (February through September), you may encounter a bit of a wait to reach us by phone; so, you may find sending us an email to be a better option. We answer email in as timely a manner as possible. We would, however, ask you to first please help us help you by spending a little extra time searching for your answer on the web before contacting us as our staff must both process all aid applications and respond to all questions. Your search efforts are appreciated!|