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Financial Aid: Let Us Guide You

UNC Charlotte administers both need-based student financial aid and merit-based assistance. About 61% of the over $100 million administered by the University's Office of Student Financial Aid is based on financial need, with the remainder based on achievement, skills, and abilities. Whether aid is need-based or merit-based, there are two other distinctions: gift aid and self-help aid. Gift aid carries no repayment or service requirement, and is typically grants and scholarships. Self-help aid requires repayment or service in return, and is typically loans and employment.

Financial need is determined simply by comparing a student's total cost of attendance with the family's ability to pay those costs.

An example of total cost includes the following:

 

North Carolina Residents 

 Non-Residents

Undergraduate students: 

$4,145

$14,557

Graduate students:

$4,317

$14,625

Tuition and fees - Tuition and fees at UNC Charlotte are established annually by the North Carolina General Assembly and by the University Board of Governors.

Exact tuition/fee costs for the  upcoming academic-year is finalized by the North Carolina General Assembly in the the summer prior to the beginning of the fall semester. 

  • Books and supplies - Costs for books and supplies varies based on each student's major and course load. Normally, a student needs about $1,200 for these costs for the academic year.

  • Room and board - On-campus housing is available at UNC Charlotte for over 5,000 students. Housing plans for an academic-year range from  approximately $2,840 to $5110. The cost of the full meal plan is approximately $3040 for the academic-year.  Details on housing may be obtained from the Office of Residence Life.

  • Other costs - In addition to the direct costs listed above, there are other expenses related to attending college. These include personal/miscellaneous expenses and transportation costs. Although the University is not directly involved with these costs, they are considered when determining financial aid eligibility.

The family's ability to pay college costs is calculated using a national formula determined by the U. S. Congress which must be used for federal need-based aid. For consistency and fairness, that same formula is used for all non-federal, need-based aid at UNC Charlotte.   You may obtain an estimate of your family's expected contribution by using the Financial Aid Need Analysis Estimation Form.

 

One form is needed to apply for all need-based aid at UNC Charlotte. It is the Free Application for Federal Student Aid (FAFSA) and is available in high school guidance offices and college financial aid offices. Each year, the FAFSA is usually available beginning in December to apply for aid for the following school year. It may be completed using paper or on-line. After completing the FAFSA and listing UNC Charlotte (code 002975) on the form, the federal processor will electronically send the results to UNC Charlotte about two weeks after it is completed.

 

Because of very limited financial aid funds, the results must be received at the University by April 1 (prior to the following academic year) for the student to be considered for all available aid programs.  It is important to note that several states (including North Carolina's date of March 15) have earlier deadlines for the FAFSA for the student to be considered for state grants.

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