by our College Data Analytics TeamFinancial 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.
What amount of UNC Charlotte financial assistance will actually be available to you?Get answers to your questions here.
$7,319.00 is the typical University of North Carolina at Charlotte’s first year financial aid package. 74% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of North Carolina at Charlotte.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by University of North Carolina at Charlotte.
42% of incoming freshmen (1531 total) were given scholarships at University of North Carolina at Charlotte, averaging $4,407.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 31% of first-year students (1120 total) got federal grant aid, averaging $5,111.00 per person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.13% | $10,727.00 |
| Income 30k-48k | 9.40% | $10,252.00 |
| Income 48k-75k | 9.35% | $6,540.00 |
| Income 75k-110k | 6.65% | $2,467.00 |
| Income 110k + | 4.47% | $695.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
74% of the 3626 undergraduates at University of North Carolina at Charlotte receive some sort of grant aid. This is a total of about 2025 students getting an average of $7,319.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.