Funding Priority

Carolina Covenant

The Carolina Covenant is UNC-Chapel Hill’s groundbreaking program for low-income students. Launched in 2004, the Covenant offers a debt-free path to graduation through a combination of grants, scholarships and a work-study job. Covenant Scholars also have access to mentoring, academic and personal support services. The program has dramatically improved on-time graduation among the University’s lowest-income students, transforming individual lives and building a stronger Carolina.

Scholarships and Student Aid

    Meeting The Need

    Students who qualify for the Carolina Covenant program are first admitted to the University solely on the basis of their academic qualifications. Only after they are admitted to the University is their financial need assessed and their status as a Covenant Scholar determined. Their family income must be less than 200 percent of federal poverty guidelines (indexed by family size).

    It’s no secret that a college education holds the key to a better future. According to the CollegeBoard, the typical bachelor’s degree recipient can expect to earn about 65 percent more during a 40-year working life than the typical high school graduate earns over the same period.

    Click here to view the most recent Carolina Covenant Impact Report

    It’s also no secret that the ever-rising price tag for a college education threatens to overwhelm the resources of many low-income families, making that key to a better future more difficult to grasp. This is true even for public U.S. universities. The CollegeBoard reports that, for published accounts, tuition and fees at these schools has climbed by an average of 3.4 percent each year over the past decade, adjusted for inflation.

    The message is clear: Bright, hardworking young people from impoverished backgrounds need more and more financial help to fulfill their dream of going to college, and there are more and more of them.

    To discuss establishing a named fund please contact the Office of Development for Scholarships and Student Aid at [email protected]Opens in new window or 919-445-0933.

    Support the Carolina Covenant

    Gifts of all sizes are needed and appreciated. Large goals become small when divided among many.

    Make Your Gift Online Today Opens in new window

    More Scholarships and Student Aid Funding Priorities

    Readers Also Viewed...

    Carolina students traverse campus in the foreground with South Building in the background.
    Student Support

    Ensuring First-Generation Student Success

    UNC-Chapel Hill receives $1 million to join Kessler Scholars Collaborative, a national network of first-generation focused institutions.

    An action shot of Gigi Cloney wearing boxing gloves
    Student Support

    ‘Serendipitous’ Support

    Support from the Blue Sky Scholars program arrived just when this public policy and German double major needed it.

    Bettie McKaig and Ross Vaughan pose in front of the ocean in the Galapagos
    Donor

    From loss to legacy

    Carolina alum Ross Vaughan discusses the substantial gift he made to UNC-Chapel Hill in honor of his late wife’s legacy.

    The Old Well in summer with sun shining
    Student Support

    Strengthening Student Success

    Making career-enhancing experiences more accessible for low-income students at Carolina

    Campaign Priorities

    ‘The Best Gift I Ever Received’

    The Margerison Distinguished Scholarship is helping Jessica Jones thrive as a student at UNC.

    Rick Margerison and his wife in a portrait photo.
    Student Support

    The Power of a Scholarship

    A scholarship helped Rick Margerison ’70 graduate from Carolina with minimal debt. Decades later, he and his family have established scholarship funds to help current Carolina students do the same.