Financial Assistance

Financial aid is available in the form of scholarships, grants, loans, and work study. The student must reapply each academic year for financial aid. The FAFSA is available on October 1 of each year. 

• Federal Pell Grant: Awarded to students based on their expected family contribution (EFC) and enrollment status.
• Federal Supplemental Education Opportunity Grant: Campus-based federal grant awarded to students who receive a Pell Grant. Funds are distributed on a first-come, first-served basis.  Limited funds are available.
• DC Tuition Assistance Grant (DC TAG): This grant pays the difference between in-state and out-of-state tuition and fees at any public college (up to $10,000 per year). Students must be enrolled in a degree-granting program at an eligible institution and be domiciled in the District of Columbia.
• DC College Access Program (DC-CAP):  DC public and DC charter school graduates meeting eligibility criteria and enrolled in an accredited four-year university are eligible to apply for DC-CAP Last Dollar Awards, for up to $2,000 per year for five years.  

State Grants

The State of North Carolina provides financial aid grant assistance to resident students. Priority is established by the FAFSA application completion date. Funds are limited. Please file the FAFSA as early as possible (on or after October 1 for the next academic year).

• UNC Campus-Based Scholarship: This program, established in 2002 by the General Assembly, was created through the consolidation of several programs that previously existed to provide assistance to North Carolinians attending the state’s public universities.  The UNC Campus Scholarship Program is designed to promote diversity on the 16 North Carolina public university campuses.  A portion of the program is reserved for American Indian/Native American students who can provide evidence of membership in an Indian tribe recognized by the State of North Carolina or by the United States.  
• North Carolina Education Lottery Scholarship (ELS): This program provides financial assistance to needy North Carolina resident students.  

Institutional Need-Based Grants

NC Central invests resources in the form of institutional grants to support undergraduate students from the University’s own funds. These awards are based on financial need and offered on a first-come, first-served basis. The university offers the following institutional grants:

• NC Central Grant: An institutional grant awarded to NC undergraduate students. Priority is given to Pell Grant recipients. The NC Central Grant is based solely on financial need and offered on a first-come, first-served basis.
• NC Central Eagle Grant: An institutional grant awarded to NC undergraduate students. Priority is given to Pell Grant recipients. The NC Central Eagle Grant is based solely on financial need and offered on a first-come, first-served basis.

• Federal Direct Subsidized Stafford Loans: A guaranteed student loan for undergraduates who are US citizens or permanent residents and who have demonstrated financial need as determined by federal regulations. The federal government provides limits on the amount in Direct Subsidized loans that a student may be eligible to receive in each academic year and in total. Limits vary based on the student’s year in school and financial need. 
• Federal Direct Unsubsidized Stafford Loans: A guaranteed student loan for US citizens or permanent residents who do not show financial need under federal regulations. Direct Unsubsidized loans may also be available to undergraduates who have reached the borrowing limit for Direct Subsidized loans.
• Federal Direct Parent PLUS Loan: Loan for the parents of dependent undergraduate students. A credit check will be performed and will exclude anyone with an adverse credit history. Direct PLUS loan amounts are limited to the cost of attendance minus any other financial assistance received.

Loan Limits

• Federal Direct Unsubsidized Stafford Loans: A guaranteed student loan for US citizens or permanent residents who do not show financial need under federal regulations.
• Federal Direct Graduate PLUS Loans:  A credit-based loan for Graduate and Professional Students.  A credit check will be performed and will exclude anyone with an adverse credit history.  Direct PLUS loan amounts are limited to the cost of attendance minus any other financial assistance received.

Loan Limits for Graduate/Professional Students

The process for summer school is a paperless application process:

• You must be advised by your academic advisor and register for summer school in the sessions desired. Classes must appear in Banner. It is best to enter all classes at the same time.
• Registered students will be automatically awarded. Awards will be based on the registered session(s) (Summer I, II, or I and II) at the time the summer school award is processed. Students must view and accept Summer award offers using myEOL.

Note:  Students with a prior bill or those who are studying abroad will need to complete a Summer School paper application by requesting one from the Office of Scholarships and Student Aid.

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