As part of For All Kind: the Campaign for CarolinaOpens in new window, UNC accepted a $20 million challenge to support need-based aid for the children of service men and women. Running through October 7, 2019, the Red, White and Carolina Blue Challenge will make a world-class, Carolina education more accessible to students from military families who qualify for the Carolina Covenant.
Steve and Debbie Vetter of Greensboro, North Carolina, committed a $40 million total gift: $20 million to spur the Red, White and Carolina Blue Challenge, $10 million to support UNC Kenan-Flagler Business School and $10 million to support Carolina Athletics.
If met, the Red, White and Carolina Blue Challenge will provide at least $40 million in scholarship support for students from military families; scholars will be acknowledged as Steve and Debbie Vetter Military Family Scholars.
“This incredible challenge from the Vetters will help us bring deserving students from military families to Chapel Hill,” said Chancellor Carol L. Folt. “No other public university has a commitment resembling this program. The Red, White and Carolina Blue Challenge is a first for UNC and reaffirms the University’s work to serve the needs of our nation’s military and to provide opportunities to deserving students.”
Carolina remains committed to its longstanding need-blind admissions process. This challenge will help sustain that tradition by meeting the full financial need of Carolina Covenant-qualifying children of retired and active duty military personnel.
Launched in 2004, the Carolina Covenant scholarship program affords children of low-income families an opportunity to attend Carolina debt-free. The program supports Carolina’s mission of staying truly public and provides intellectually driven, hard-working young individuals the chance to study at one of the country’s most prestigious public universities — and the freedom to pave a future unburdened by college debt. Since its beginning, the program has enabled more than 6,000 high-performing, low-income students to attend Carolina and graduate debt-free.