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Types of Aid

Visit Applying for Aid to complete your UNC-Chapel Hill aid application.

Your aid award at Carolina will include a mix of funding. It depends on your financial need, the kind of funding available, and the timing of your application (earlier is better).

Sources of Aid

  • Grants – Gift money (funds you don’t have to pay back) from federal, state, University, or private funds. Grants are awarded on the basis of financial need.
  • Scholarships – Gift money (funds you don’t have to pay back). Scholarships are awarded for academic achievement, individual talent, or other unique criteria specified by a donor. Some scholarships are based on financial need, but not all.
    • University Scholarships are those awarded by UNC or foundations directly tied to the University.
    • Outside Scholarships are those the student brings to the University from “outside” sources, like a church, nonprofit, or community organization.  Outside scholarships are counted toward meeting the student’s aid eligibility; that is, a student’s total financial aid package from all sources cannot exceed the student’s aid eligibility.
  • Loans – Money borrowed from federal sources, University sources, or private lenders that require repayment.
    Aid administrators have a strict Student Loan Code of Conduct to make sure your interests are protected.
  • Work – Money earned through Federal Work Study jobs on campus or in the local community.

Laptop Grants – UNC offers eligible undergraduates funds to purchase a laptop computer. See here for details.

The Carolina Covenant

Carolina’s lowest-income students — from families making less than 200% of the federal poverty level — may qualify for the Carolina Covenant, an aid program that provides debt-free funding to attend UNC.

That means full financial need is met through grants, loans, and work-study — no loans. Find out more at carolinacovenant.unc.edu.