Skip to content

Carolina Covenant

The University of North Carolina at Chapel Hill

Removing Financial Barriers

Carolina knows that students from low-income families face extra challenges when it comes to paying for college. The Covenant addresses these financial challenges in two ways.

The Covenant Financial Aid Award

Covenant Scholars receive a combination of grants, scholarships, and/or Work-Study that meets 100 percent of their financial need. “Financial need” is the difference between the amount it costs to attend Carolina for an academic year and the amount the family is expected to pay, based on its financial circumstances.

Work-Study is an important part of the Carolina Covenant financial aid award. Besides helping students earn a part of their educational expenses, research shows that students who work a reasonable number of hours do better in school and are more likely to graduate than those who do not work or those who work too many hours.

Unless their financial need is met with grants and outside scholarships, Covenant Scholars are awarded the amount of Federal Work-Study they can earn by working 10-12 hours per week during the academic year.