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 includes more than just financial aid. The program offers mentoring, academic and personal support services, and other resources to help guide students to on-time graduation.
There is no separate application for the Carolina Covenant.
Covenant eligibility is established when a student is admitted to Carolina as a freshman or transfer student. There is no cap on the 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 undergraduate study during fall and spring semesters, up to a maximum of eight semesters. (The maximum number of semesters is pro-rated for transfer students.)
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 an in-state independent student whose income is 200 percent or less of federal poverty guidelines;
- Meet citizenship requirements and other eligibility standards for federal financial aid programs.