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OFFICE OF STUDENT FINANCIAL AID |
Non-Need Based Financial Aid |
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Scholarship Information
The Office of Student Financial Aid now has a scholarship sub-site which has a searchable database which contains information about over 180 scholarships offered by the institution. The site also contains general scholarship information, scholarship tips, and links to opportunities for non-institutional scholarships. Click here to enter the Scholarship Division's web home.
Student Loans UNC Charlotte participates in the following major financial aid programs: Federal Stafford Loans The annual loan limits for the Federal Stafford Loan are as follows:
Also, Independent Students are eligible for additional amounts. The interest rate is fixed at 6.8%. Approximately 8,000 UNC Charlotte students receive federal loans. The Office of Student Financial Aid (OSFA) uses the College Foundation, Inc. (CFI), a state-affiliated institution, as its primary lender because of their benefits offered to borrowers and the services provided to students. CFI has a long history of providing students enrolled in North Carolina’s colleges and universities with loans and has been the central lender in the state since 1955. For a comprehensive listing of CFI’s borrower benefits as well as comparison charts, please click here.Students do have the option of selecting a different lender, and if so, OSFA will promptly certify their loans. Subsidized vs. Unsubsidized Student Loans Regardless of the result of the FAFSA (i.e. whether or not you have financial need as determined by the federal government), any degree-seeking student who is a U.S. citizen or an eligible non-citizen may be eligible to receive a federal student loan. For students with financial need determined by the FAFSA, the loan is subsidized, which means the federal government will pay the interest while you are in school. Students who do not have financial need may borrow an unsubsidized loan. For these loans, the student is responsible for the interest while in school. Your financial aid award information will state whether your loan is subsidized, unsubsidized, or a combination of both. You may then simply accept the loans on-line via Banner Self-Service. For first-time borrowers, you will be mailed a master promissory note to finalize the process and also given instructions for completing on-line loan counseling. For continuing borrowers, upon award acceptance, your loans will be certified with your previous borrower. Please review our Preferred Lender List at the following link: UNC Charlotte Preferred Lender List Parent Loans
In addition to student loans, parent loans are available. Parents of
dependent students may borrow through the Federal PLUS Loan any amount
up to the cost of attendance minus any financial aid received by the
student. The interest rate is variable, and is set at a maximum of 8.5
percent. Repayment begins after the loan is disbursed, and can take up to 10
years. For more detailed information and application materials, go to Federal PLUS Request Form, or contact the UNC Charlotte Office of Student Financial Aid.
Payment Plans
The University offers several
different payment plans through an arrangement with Academic Management Services
(AMS). In summary,
the amount needed by the family can be paid over a ten-month period to
cover a full academic year. Payments must begin in June prior to
the beginning of that academic year in August. A five-month plan
for one semester is also available. Payment plans carry no
interest, and include a small processing fee.
Alternative Loans
Non-federal loans may be available to students who do not qualify for
federal student loans or to those who need additional loan assistance
beyond the federal loan maximums. Links to several of the more
frequently used alternative loans are provided below.
CFI Extra Education Loan (CFI borrower status is required)
SunTrust (UNC Charlotte certification is not required)
Wachovia Education Finance Select Loan
Graduate Financial Assistance
The Graduate School of UNC Charlotte administers a number of programs of financial assistance for masters and doctoral students. They include tuition grants, tuition waivers, health insurance grants, fellowships, and assistantships. The programs are not based on financial need, and the FAFSA is not required. Students may contact the appropriate academic department or the Graduate School for additional information.
Employment Opportunities
Veterans
Educational Benefits
NC
National Guard Tuition Assistance |
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