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What UNC Chapel Hill Fin Aid Are You Eligible For?

Financial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.

However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.

Table of Contents:

How Much Financial Aid Can First-Time Students Expect at UNC Chapel Hill?

$14,182.00 is the typical University of North Carolina at Chapel Hill’s first year financial aid package. A significant 64% of freshmen benefit from financial aid, with the main type being grants and scholarships.

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Is it a True Discount?

Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.

What About Student Loans?

A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from University of North Carolina at Chapel Hill you may end up taking on.

How Much UNC Chapel Hill Aid Is Offered That Won’t Put Me in Debt

Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.

The following numbers pertain to assistance that is supplied by University of North Carolina at Chapel Hill.

40% of new students (1647 total) were offered scholarships at University of North Carolina at Chapel Hill, averaging $13,601.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.

As well as scholarships, 22% of first-year students (897 total) got a federal grant, for about $5,355.00 per person.

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Amount of Financial Aid Per Family Income

The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k8.98%$20,467.00
Income 30k-48k5.33%$18,491.00
Income 48k-75k5.66%$12,601.00
Income 75k-110k3.98%$5,132.00
Income 110k +1.80%$1,339.00

Title IV Aid

The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.

The Average Undergraduate Receiving a Grant or Scholarship Gets $14,182.00.

64% of the 4167 undergraduates at University of North Carolina at Chapel Hill receive some sort of grant aid. This is a total of about 1788 students getting an average of $14,182.00 per person.

Curious about the Financial Aspects of Tuition and Fees?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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