Nearly half of the students admitted to UNC qualify for and receive financial aid.
In the 2021-22 school year, 62 percent of the students who applied for financial aid at the University received need-based financial assistance.
It can be challenging for new students to find information about financial aid on their own, but Erica Corini, the associate director for communications and outreach at the Office of Scholarships and Student Aid, said there are financial aid resources available for students to understand the aid they receive.
“The most important thing for us is our office is really dedicated to affordability and helping students — so not being afraid or scared by us, we're here to help students,” she said.
Corini said she recommended using the financial aid budgeting calculator on the office’s website to understand how aid will be applied for students' individual needs.
The calculator allows students to customize their meal plans, housing choices and the scholarships and loans they received to better understand the cost of attending UNC.
Isaac Hwang, a junior majoring in biology and chemistry, is on the Student Advisory Council for the Office of Scholarship and Student Aid and was one of the first students to test the budget calculator.
The council works directly with the financial aid office to implement student perspectives and process student perspectives on decisions made in the office.
Hwang also received a work-study program — where he does research on campus — as part of his financial aid package. Work-study programs allow students to earn money for college expenses by working part-time on campus or at selected community service agencies.