Federal Financial Aid Federal Student Aid Programs These include grants,
loans and part-time employment. Eligibility for most of these programs is
based upon the "demonstrated financial need" of the student applicant and the
applicant's family. However, financial need is not an eligibility
criterion for the federal Stafford Unsubsidized Student Loan or the federal
Parent PLUS loan. Therefore, most federal student aid applicants will be
eligible for some form of financial assistance through the federal student aid
programs regardless of demonstrated financial need. In order for
eligibility to be determined federal student aid applicants must file a Free
Application for Federal Student Aid (FAFSA) each year.
Federal Pell Grants
These are available to all undergraduate students who meet the
federal government's eligibility formula (with no prior
baccalaureate degree).
Federal Supplemental Educational Opportunity Grant
Awarded on the basis of financial need to undergraduate
students (with no prior baccalaureate degree).
Federal Academic Competiveness Grant (ACG)
Awarded on the basis of financial need to first-time
freshmen and sophomores enrolled in an eligible undergraduate program.
National SMART Grant
Awarded on the basis of financial need to undergraduate
students (3rd or 4th year students only) who are enrolled
full-time and pursing majors in physical, life or computer sciences,
mathematics, technology, engineering or foreign languages critical to the
national security of the United States.
Federal Work-Study
Approximately 500 of the
neediest students who apply by April 1 work part-time, approximately 14 hours
per week.
Federal Perkins Loans
This program provides about
$1.5 million each year to about 400 of the neediest students who apply by April
1. Each year, new funds provide about $300,000, and repayments from
out-of-school borrowers provide about 1.2 million.
Federal
Subsidized Stafford Loan
The subsidized Federal Stafford Loan is awarded
to students with demonstrated need and the federal government pays the interest
while the student is in school, during the grace period, and during periods of
deferment.
For more information on the loan programs offered
at UNC Charlotte, please click
here.
Other Grants
and Scholarships
The following
grants and scholarships are offered through the state of North Carolina.
Additionally Recipients are determined by the state of North Carolina.
UNC Need-Based Grant-Grants
available for eligible students attending one of the 16 campuses of the
University of North Carolina.
NC Student Incentive Grant
- This program is offered by the North Carolina State Education Assistance
Authority through College Foundation Inc.
NC Education Lottery
Scholarship - The North Carolina Education Lottery Scholarship (ELS) was
created by the 2005 General Assembly to provide financial assistance to
needy North Carolina resident students attending eligible colleges and
universities located within the state of North Carolina.
EARN - (Education
Access Rewards North Carolina Scholars Fund) is a scholarship which was
established by the 2007 North Carolina General Assembly to provide grants to
eligible North Carolina students to enable them to obtain an education
beyond the high school level at community colleges and universities in North
Carolina without incurring student loans during the first two years of their
postsecondary education.
Need based Scholarships
All students who apply for
financial aid by the established priority date of April 1 are considered for
scholarships based on academic achievement and financial need.
Approximately 100 students with
highest need and grade point averages receive awards.
