About the Covenant
The Carolina Covenant is UNC’s promise to low-income students and families that a world-class education remains within reach. Students who earn a place at UNC and are eligible for the Covenant have the opportunity to graduate debt-free.
The Covenant is much more than a financial aid program. It includes Carolina’s commitment to the success of Covenant Scholars, with comprehensive mentoring and support programs to help guide students to graduation.
To be eligible for the Carolina Covenant, a student must:
- Be admitted to Carolina as an undergraduate student;
- Complete a financial aid application on time;
- Enroll full-time during the regular academic year;
- Make steady progress toward a degree;
- Be dependent on parent(s) whose income is 200 percent or less of federal poverty guidelines and who do not have other resources to pay for college, or be independent under financial aid guidelines and have an expected contribution of less than $4,000;
- Meet citizenship requirements and other eligibility standards for federal financial aid programs.
Students from any state will be considered. See more information about eligibility.
There is no separate application for the Carolina Covenant.
Designation and Continuing Eligibility
Covenant eligibility is established when a student is admitted to Carolina as a freshman or transfer student. There is no set number of Covenant Scholars – all eligible students are included in the program.
Covenant Scholars who remain eligible will receive a no-loans financial aid award for study during fall and spring semesters until they have completed a first bachelor’s degree, up to a maximum of eight semesters. (The maximum number of semesters is pro-rated for transfer students.)
Graduate and professional students are not eligible for undergraduate scholarship programs, so Covenant funding can only be used for undergraduate coursework. Enrolling in professional programs, like the PharmD program, will affect eligibility for Covenant financial aid funding.