1. Access & Excellence at a Crossroads
Annual Report of the Committee on Scholarships, Awards, and Student Aid
April 2019
Jane Smith 5 mins:

2. Scholarships, Awards, and Student Aid Committee
COMMITTEE CHARGE:
The Committee is appointed by the Chancellor.
It establishes policy for scholarship and student aid funds, monitors the operations of the Office of Scholarships and Student Aid, and advises the Chancellor on matters regarding scholarships and other forms of student aid.

3. And UNC Chapel Hill is really in front of that game.
The colleges that still focus on high-performing low-income kids from their state are exceptionally important.
And UNC Chapel Hill is really in front of that game.
— Harold O. Levy President, Jack Kent Cooke Foundation

4. Which Colleges Give You the Best Value in WSJ/THE Rankings
Sept. 2018
The University of North Carolina at Chapel Hill, No. 37 overall, is the No. 2 best-value school. Its Carolina Covenant ensures debt-free graduation for students whose families earn less than double the federal poverty level, just under $50,000 for a family of four last year, and other aid programs help even middle-income students. The school’s average net price was just over $10,000.

5. Financial Aid Brings the Strongest Students
Top 10 Percent of High School Class
Top 10 Rank in High School Class
Valedictorian / Salutatorian

6. Financial Aid Defines Our Public Character
First-Generation College Students
Rural North Carolina Students

7. Sharp Graduation Rate Improvement Among Aided Students
Four year graduation rates of all students have improved, but most dramatically among aid-eligible students
And its not just the lowest income students, students across the income spectrum and from a wide variety of backgrounds have improved success with scholarships. That’s why there are multiple scholarship programs for the incentive program. Lets talk about them..
Covenant
Other Needy
Non-Needy

8. “Cap & Freeze" increased budget pressure
$79.5
$74.5
$74.5
$75.2
$74.4
$74.4
With tuition revenue capped and supplemental funding flat, aid funding has effectively declined

9. Costs have outpaced aid funding
Six-Year Change (14-15 to 19-20)

10. Undergraduate debt rising to meet costs

11. Strategic approaches to the funding challenge
So far, we have:
Re-assessed student costs, effectively reducing individual aid awards
Stopped automatic funding of health insurance
Reduced food budget to reflect maximum meal plan
Dipped into reserves and reallocated private funding
What’s next?
Restrictions on Covenant eligibility
Increasing loans for needy out-of-state students

12. The Campaign for Carolina
FUNDING PRIORITY
THE CAROLINA EDGE
We intend to raise $1 billion specifically for undergraduate scholarships and graduate fellowships.

13. Aid and scholarships… in your class
studentaid.unc.edu/without-aid

14. Questions?
Jane Smith 5 mins: